Michael Berger

Michael Berger, Head of Insure AI at Munich Re, shares his expertise on the evolving landscape of AI risk management. He discusses the shift from hype to realistic applications of generative AI, emphasizing the importance of clear risk tolerances. Berger highlights the complexities of managing AI risks, particularly in free speech and data governance. He also addresses the critical need for AI governance frameworks to mitigate challenges and shares insights on optimizing AI in the insurance sector for better predictive modeling and efficiency.

Michael Berger, Head of Insure AI at Munich Re, dives into the crucial impact of global AI legislation on the insurance sector. He unpacks how the EU AI Act's risk-based framework contrasts with the US's litigation-driven approach. Michael highlights essential legal precedents regarding AI liability that inform risk management strategies. The discussion also emphasizes the distinction between large foundational models and fine-tuned variants, guiding industry leaders in navigating AI governance while balancing innovation with risk.

Head of Insure AI at Munich Re, Michael Berger, discusses quantifying and managing AI risk. Topics include evaluating risks in AI projects, minimizing uncertainties, incorporating uncertainty information in AI predictions, and adopting new AI methods for increased confidence in applications.