Michael Berger – Head of Insure AI at Munich Re
Michael Berger with team structures insurance-backed performance guarantees around risks of machine learning (ML) implementations.
Our core product is an insurance backed performance guarantee for ML based services. This allows e.g. AI start-ups to issue product warranties as part of their SLA to guarantee that the error rate of the ML service will be below a guaranteed thresholds. In case the error rate exceeds the threshold, the clients of the start-up receive a compensation. This solution creates a USP for the start-up’s service as it creates a signal of trust in the product’s performance and consequently helps the start-up to win more customers and grow its revenue.
" class="attachment-csco-thumbnail size-csco-thumbnail wp-post-image" alt="Artificial Intelligence Becomes an Unexpected Risk for Insurance">
