INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
As emerging technologies continue to shape various industries, the landscape of liability coverage in the insurance field undergoes significant transformation. This paper explores the challenges and potential solutions associated with providing adequate liability coverage in the context of rapidly advancing technologies. A comprehensive review of existing literature, industry reports, and case studies was conducted to analyze the current state of liability coverage in emerging technologies. The analysis reveals several challenges inherent in providing liability coverage for emerging technologies, including ambiguity in risk assessment, lack of historical data, and regulatory uncertainties. Moreover, traditional insurance models may not adequately address the unique risks posed by technologies such as autonomous vehicles, drones, and artificial intelligence. Addressing the challenges of liability coverage in emerging technologies requires innovative approaches from both insurers and policymakers. Potential solutions include the development of specialized insurance products tailored to the specific risks of emerging technologies, collaborative efforts to establish regulatory frameworks, and leveraging data analytics and predictive modeling to enhance risk assessment. By proactively addressing these challenges, the insurance industry can effectively mitigate risks and support the responsible adoption of emerging technologies.
" LIABILITY COVERAGE IN EMERGING TECHNOLOGIES: CHALLENGES AND SOLUTIONS", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.9, Issue 3, page no.g507-g512, March-2024, Available :http://www.ijnrd.org/papers/IJNRD2403662.pdf
Downloads:
00031
ISSN:
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Facebook Twitter Instagram LinkedIn