
Publication
Infringement risk relating to creation and use of the output of a generative AI system
Where the Output of a generative AI system is the same or substantially similar to a third party’s copyright work
Global | Publication | May 2020
Insurers have a far more sophisticated understanding of climate risks than many other industry sectors – insurers have been using tools to predict weather-related disasters for decades and they are exposed to claims whenever there is a climate-related event. The insurance industry is in a unique position in relation to the changing environment as insurers not only pay claims to indemnify insureds for climate-related damage, they also fund the economy through their significant investment portfolios. However the insurance industry is entering a new phase in terms of its response to climate change. Regulatory bodies are asking questions about what actions should be taken by insurance companies to plan for the changing environment. Insurers need to take a strategic approach to climate risks across all aspects of their business; this will require a holistic policy incorporating the management of assets, scrutiny of existing business being written for potential climate exposures and an awareness of potential personal liability at senior management and board level.
In this environment, we have chosen to write a series of briefings on the legal issues that insurers face in the context of the changing environment. These briefings are aimed at the directors and senior managers of insurance companies as well as those with responsibility for managing investment portfolios, underwriting, claims, risk management and legal and regulatory compliance. We will set out a view of the risks that insurance companies face, both in terms of the developing regulatory environment but also in terms of the identification of hidden exposure to climate risks and the changing claims environment.
In the briefings we cover the following topics:
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Publication
Where the Output of a generative AI system is the same or substantially similar to a third party’s copyright work
Publication
The approach and requirements for intellectual property rights to subsist in computer-generated works vary from jurisdiction to jurisdiction.
Publication
Generative AI systems are trained using vast amounts of data, often taken from sources in the public domain that may be protected by copyright or other intellectual property rights, such as, in the UK and EU, a database right.
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