Aon has launched a new tool – AI Risk Diagnostic – to help organisations understand and manage the risks that the use of AI creates within their operations. Aon says the tool provides a structured view of AI governance, maturity and risk exposure for organisations using AI.

The diagnostic assesses the maturity of AI governance, lifecycle management, processes and controls. It also identifies areas where AI may create new risks or amplify existing exposures. It then offers recommendations on how to manage and mitigate these risks.

Richard Waterer, global risk consulting leader at Aon, said: “Artificial intelligence is creating significant opportunities for organisations, but it is also introducing new and increasingly complex risk considerations across governance, compliance, operations and resilience.

“As boards, regulators and stakeholders seek greater visibility into how AI is being deployed and governed, organisations need a clearer understanding of their AI maturity, control environment and exposure. Our AI Risk Diagnostic helps provide that visibility, enabling leaders to make better-informed decisions about governance, oversight and responsible innovation.”