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AI governance becomes a board mandate as operational reality lags

Sedgwick, a global risk and claims administration partner, published its 2026 forecasting report identifying key AI trends across sectors. The results contend that 70% of Fortune 500 executives surveyed say their companies have AI risk committees, 67% report progress on AI infrastructure, and 41% have a dedicated AI governance team. Yet only 14% say they are fully ready for AI deployment, underscoring a growing gap between formal governance structures and real-world AI readiness. Executives have clearly moved fast to formalize oversight. But the foundations needed to operationalize those frameworks—processes, controls, tooling, and skills embedded in day-to-day work—have not kept pace, according to the report. The findings are based on a survey of 300 senior leaders at Fortune 500 companies, including C-suite executives (CEO, COO, CFO, CHRO, CRO) as well as EVPs, SVPs, VPs, and directors.

Full report : AI governance becomes a board mandate as operational reality lags.