The Source for Cyber Insurance News, Insights and Data
A carrier has put the question in writing. AI-related losses “may not fall neatly into one category of risk.” AXA XL and S-RM published Building Resilient AI on 23 September. The report names four loss scenarios that will test that sentence. A deepfake-enabled payment fraud. An AI-related data breach. A defective output causing third-party loss. … Read more
Three-quarters of organizations that suffered a material cyberattack and business interruption in the past year blew through their recovery time objective. On average, recovery took nearly twice as long as the objective they had set. That figure does not appear in Cohesity’s press release. It sits on page six of the full report, and it … Read more
Threat actors are using AI chatbots to negotiate ransoms. Travelers’ Director of Cyber Risk Services says they are not setting the price. They are removing the hours a victim needs to check backups and understand what happened. The pricing decision is still human. The clock is not. Matthew Butler, Director of Cyber Risk Services at … Read more
“If you are providing an AI-driven tool or service like Replit, would your network security liability policy cover customer lawsuits claiming that your AI agents conducted unauthorized access, data destruction, or transmission of malicious code?” Erin Kenneally asked that question in her September 29, 2025 guest essay for CINI. Nearly a year later, Anthropic has … Read more
It is a Tuesday morning in early 2027. At 9:04, a policyholder’s AI agent files a first notice of loss with your carrier. Forty seconds later, your own AI agent has triaged the claim, requested supporting evidence, summarised the file, and drafted a settlement recommendation. Fast. Frictionless. Fully auditable. And nobody has asked the question … Read more