AI insurance is not one policy.
“AI insurance” is a useful umbrella term for the insurance questions created when a business builds, deploys or relies on artificial intelligence. The actual solution may involve a dedicated AI policy, existing commercial coverage, or several policies working together.
1. AI liability
Purpose-built AI liability products may address certain claims tied to AI outputs, decisions, model behavior, deployment or autonomous actions. Forms vary significantly by market.
2. Cyber insurance
AI systems often process data, connect to software tools and create new attack surfaces. Cyber coverage may be relevant to privacy events, network security incidents, breach response and certain digital losses.
3. Technology errors & omissions
Tech E&O can be relevant when an AI-enabled product, software service or technology failure allegedly causes a customer financial loss.
4. Professional liability
Professional-services firms using AI in client work may need to review whether their professional liability coverage addresses AI-assisted errors, advice or deliverables.
5. Directors & officers and employment practices
AI governance can create board-level oversight issues, while AI-supported hiring, workforce monitoring and employment decisions can create employment-practices exposures.
6. General, product and physical liability
When AI controls machines, robots or other physical systems, bodily injury, property damage, product liability and operational exposures may become part of the insurance discussion.
7. Drones, aviation and autonomous mobility
AI-enabled aircraft and vehicles can require specialist aviation, drone, auto, product and autonomous-systems expertise in addition to technology coverage.
Why a marketplace can help
A business owner usually does not know which insurance label to search first. The marketplace is designed to start with the business's AI use, then route the request to licensed professionals whose stated licensing and appetite fit the request.