According to an article from Kennedys, the integration of artificial intelligence (AI) in the insurance industry has transformed operations, especially after significant global events such as the COVID-19 pandemic and the Russia-Ukraine war. The use of AI presents several risks, including data privacy issues, bias, and discrimination. The article highlights the increase in fraudulent claims due to deepfake technology and examines the UK’s approach to AI regulation. It emphasizes the need for responsible AI usage to manage these risks while harnessing AI's potential to improve efficiency and decision-making in the industry.