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Insurance for service robots in South Korea

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Magazine Issue: 
Insurers up against cyber risks [3]
Magazine date: 
Jun 2021

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.

Read also | Artificial intelligence and insurance industry [4]

Thu, 03/06/2021 - 13:31

Source URL: https://www.atlas-mag.net/en/article/insurance-for-service-robots-in-south-korea

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[3] https://www.atlas-mag.net/en/issue/atlas-magazine-june-2021
[4] https://www.atlas-mag.net/en/article/artificial-intelligence-and-the-insurance-industry