The Source for Cyber Insurance News, Insights and Data
Erin Kenneally returns to the CINI podcast a year after warning that AI could repeat cyber insurance’s ransomware mistakes. Insurers are writing AI out of policies faster than they write it in, she says. Her new company, DLTASKOP, aims to give underwriters the evidence to price it. Most companies haven’t bought AI insurance. Many have … Read more
We scour the internet for perspectives on cyber insurance. This morning, we came across a timely Iowa Bar Blog post: “AI exclusions are creeping into insurance: But cyber policies aren’t the issue (yet).” Cyber Insurance Holds Firm Artificial intelligence is reshaping risk management, and insurers are rewriting policies. Cyber insurance remains stable. The blog notes, … Read more
As the risks of AI grow alongside its benefits, many insurers are taking action to exclude AI-related liabilities from policies. But these AI insurance exclusions appear more common in coverage such as directors and officers (D&O) and errors and omissions (E&O) than cyber insurance, where insurers often cover AI liabilities and are adding coverage. These … Read more