From Blind Spots to Best Practice: Building Your AI Risk Framework

If you have followed this series from the beginning, you have seen what AI risk looks like in the abstract and what it looks like when it becomes an incident. This final part is about what you do with that understanding.

The good news is that AI risk is manageable. It does not require a large technology team, a specialist AI ethics function, or a complete overhaul of how your organization operates. What it requires is a structured approach to a set of questions that every organization deploying or considering AI should be able to answer. That structure is what we call an AI risk framework – and the checklist that accompanies this article is designed to help you build one.

Read the whole article here: MSO AI Risk – From Blind Spots to Best Practice – GUIDE

About the Financial Lines Team

This series is written from within RiskPoint’s Financial Lines team, where we work with liability, governance, and emerging risk issues every day. The perspectives in this article are grounded in practical underwriting experience and close dialogue with brokers and clients navigating a changing risk landscape.

The Author

Erdal Erdogan is Technology Practice Lead at RiskPoint Group, where he focuses on insuring the tech industry across the Nordic and European specialty market. With over a decade of experience underwriting technology and software companies – including senior roles at large international insurance carriers – he specializes in Tech E&O/PI, Cyber, and from simple to complex technology risks. He works at the intersection of technology insight and insurance, helping brokers and clients navigate emerging and evolving risk landscapes.

About The RiskPoint Group

The RiskPoint Group is one of Europe’s largest Managing General Underwriters (MGUs), providing best in class insurance solutions to businesses and their advisors globally. The RiskPoint Group operates as RiskPoint in Europe and Asia and RP Underwriting in the rest of the world. With 325+ employees and 18 locations in Europe, North America, and Asia Pacific, the RiskPoint Group employs expert underwriting and specialized, in-house claims teams within Accident & Health, Transactional Risk, Property & Construction, Renewable Energy, and Liabilities, including Financial Lines, Cyber, Casualty, and Life Science. The RiskPoint Group is a Coverholder with Lloyd’s of London and is backed by a strong panel of well-reputed insurance companies.

Legal Notice & Disclaimer

The content published in this series – including all articles and accompanying materials – is produced for informational and educational purposes only. It does not constitute legal, regulatory, financial, or insurance advice, and should not be relied upon as such. The views expressed are those of the author in a personal professional capacity and do not necessarily represent the official position of RiskPoint Group or any of its affiliates, subsidiaries, or business partners.
References to the EU AI Act and other regulatory frameworks are provided for general informational purposes only. Regulatory obligations vary by jurisdiction, organization type, and the nature of AI systems deployed. Readers should seek independent legal advice regarding their specific compliance obligations.
Nothing in this content creates a client relationship, advisory relationship, or any other professional relationship between the author, RiskPoint Group, and the reader.

This content was accurate to the best of the author’s knowledge at the time of publication. AI regulation and market practices are evolving rapidly; readers should verify current requirements independently.