CFC, a specialist insurance provider with a focus on emerging risk and cyber, unveiled its revamped policies for tech and media companies.
CFC’s revised wordings cover the full range of exposures for the intersection of technology and business that media companies now face. The developments include areas such as products and services liability, IP infringement and defamation, comprehensive cyber cover, and sub-contractors’ vicarious liability.
CFC is headquartered in London with offices in New York, Austin, Brussels and Brisbane.
Rokstone Construction Risk Underwriters, part of Rokstone — the Aventum Group’s international reinsurance managing general agent — announced the launch of an owners’ interest insurance program for the U.S. market.
Rokstone CRU specializes in casualty and builders’ risk insurance for large complex construction projects. The managing general underwriter has secured capacity on a non-admitted basis nationwide with Sutton Specialty Insurance Company.
Rokstone has offices in the UK, Europe, U.S., Asia, Africa and the Middle East. It is a specialist MGA serving the needs of international reinsurance brokers in specialty lines business. It currently underwrites $750 million GWP in several specialty lines including marine, aviation, terrorism and political violence, direct and facultative property, treaty property, construction and engineering, and liability. Rokstone CRU’s focus on technology, underwriting expertise and claims knowledge.
Monitaur, an artificial intelligence governance software company, announced the general availability of GovernML, the latest addition to its ML Assurance platform that is designed for enterprises committed to responsible AI.
Offered as a web-based, SaaS application, GovernML enables enterprises to establish and maintain a system of record of model governance policies, ethical practices and model risk across their entire AI portfolio.
GovernML’s integration into the Monitaur ML Assurance platform supports a full life cycle AI governance offering, covering everything from policy management through technical monitoring and testing and human oversight. By centralizing policies, controls and evidence across all advanced models in the enterprise, GovernML makes managing responsible, compliant and ethical AI programs possible.
It enables business, risk and compliance, and technical leaders to create a comprehensive library of governance policies that map to specific business needs, including the ability to immediately leverage Monitaur’s proprietary controls based on best practices for audits. It also allows leaders to provide centralized access to model information and proof of responsible practice throughout the model life cycle and embed multiple lines of defense and appropriate segregation of duties in a compliant, secure system of record, as well as gain consensus and drive cross-functional alignment around AI projects.
Sources: CFC, Rokstone CRU, Monitaur