Innovative coverage for Artificial Intelligence solutions
Artificial intelligence is turning many areas of the economy upside down. It offers us the chance to reduce costs, improve quality and increase profits whether in fraud management, production processes or agriculture.
However, anyone who integrates artificial intelligence into their processes delegates responsibility to an algorithm – and must be able to rely on its performance:
- Will the model perform as promised?
- Will it create consistent results for my specific situation?
- Will it perform accurately over time even in a changing environment?
- And finally, what if it does not deliver?
In this challenging environment, those who can guarantee the performance of their AI system are a big step ahead of their competitors.
Our Solution – aiSure™
Munich Re takes over these uncertainties for you with an innovative insurance-backed performance guarantee. With aiSure™, we turn your performance promise into an insurance solution:
- You guarantee your customers the performance of your AI solution based on certain KPIs and assure them of payouts depending on the underperformance impact.
- On the basis of a due diligence process, we insure you against any payment obligations arising from the guarantee. In this way, the risk of underperformance is ultimately backed by Munich Re.
How aiSure™ works
Your benefits at a glance
- Your guarantee secures your customer’s investments. This will strengthen the confidence in your solution, ultimately increase your sales and become more attractive for investors.
- Promote a strong signal of trust, security and credibility with an AI model supported by the balance sheet, the brand and the technical due diligence of Munich Re.
- With aiSure™ you can guarantee your customers the performance of your AI platform, giving you a head start over your competitors.