Insurance for service robots in South Korea

robotsIn partnership with KT Corp, a South Korean telecommunications company, DB Insurance is developing an insurance coverage for artificial intelligence (AI)-based services.

Starting in June 2021, KT Corp will collect data on robotic errors and accidents for one year as part of the third-party liability insurance program provided by the South Korean insurer.

Based on this data, DB Insurance will be providing insurance products for service robots.

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