AI insurance

AI Risk Coverage Partnership: Trustible and Armilla AI Launch First End-to-End AI Risk Management Solution

by

Trustible and Armilla AI have joined forces to deliver the first integrated AI Risk Coverage and management solution for enterprises. The collaboration combines Trustible’s automated AI governance platform with Armilla’s purpose-built liability insurance for artificial intelligence. End-to-End AI Risk Management The partnership enables regulated industries to govern and insure AI systems within one framework. It … Read more

Cyber Reinsurance Rises by $250M As Rates Drop: Lockton Re’s 2025 Market Update

by
Lockton Re's Cyber Reinsurance Market Update for the First Half of 2025, featuring a glowing blue umbrella-shield icon with a dollar symbol, over a dark digital circuit background. The title text reads 'Cyber Reinsurance – First Half 2025' with 'Market Update' below, reflecting a tech-centric and secure theme.

New Capacity Enters the Market – Cyber reinsurance capacity surged by $250 million in the first half of 2025. Lockton Re reports that this growth comes amid cyber insurance rate declines ranging from 5% to 15%. The drop is sector-dependent, with mid-market entities benefiting the most due to fierce competition. New entrants and seasoned reinsurers … Read more

Artificial Intelligence Risks – Are You Covered?

by

Artificial Intelligence Risk We hear about artificial intelligence reshaping cybersecurity. We hear about hackers wielding AI tools. Now, broader AI concerns are entering the spotlight. A recent Hogan Lovells post emphasizes that existing cyber insurance may not be sufficient to cover AI-driven risks. “Existing cyber cover might encompass certain AI-related liabilities, but the cyber market … Read more

CFC Launches Cyber Proactive Response (CPR) Product

by

New Cyber Insurance Product Offers Uncapped Coverage and Proactive Services CFC has launched a new cybersecurity insurance product dubbed Cyber Proactive Response (CPR). It’s designed for businesses with up to €250 million in revenue. In announcing the news, CFC stated that the product includes two industry firsts, removes six exclusions, and features 30 new coverage … Read more

How AI is Changing Insurance: Risks, Coverage Challenges, and Industry Adaptation

by

It’s not a new thought. But anything this profound needs ongoing coverage and consideration. Artificial intelligence (AI) is reshaping the world, and it is only just the beginning. The AI insurance risks to the industry are no exception. That is raising concerns about risk exposure and policy coverage. A new blog, Woodruff Sawyer, is the … Read more

×