CFC
Steve expands on this service approach : “ We ’ re not just sitting back and waiting for claims to come in . We ’ re out there , actively looking for vulnerabilities , scouring the dark web – basically doing everything we can to spot potential issues before they blow up into full-blown claims . It ’ s all about prevention .”
Adapting to the AI revolution in fintech In today ’ s financial services sector , it ’ s clear that artificial intelligence ( AI ) is changing the game , requiring
CFC to develop new approaches to risk assessment and coverage .
“ AI isn ’ t just a tech thing anymore ,” notes Steve . “ It ’ s seeping into every industry you can think of .”
In fintech , Bowers identifies two principal areas of risk associated with AI implementation : automated financial advice and automated investments and trading . CFC is developing strategies to address these emerging risks .
The company ’ s approach to underwriting AI-related risks involves detailed assessment of each case .
8 cfc . com