Insurers are still working out how to price and protect against AI risk
Between September 8 and 13, several analyses addressed insuring AI liability: pricing is difficult, new risks may bring exclusions, and standalone AI cover may emerge. Beazley says digital health firms' risk profiles are changing faster than executives realise, and SPECTRA has launched a certification framework for insurable AI.
Who is affected and how
- insurer
- Contracts with AI exposure need to spell out what is covered and excluded, and the case for standalone AI cover should be assessed.
- chief financial officer
- The corporate insurance programme should be reviewed to see whether losses from AI decisions are covered.
Sources
- AI creates new insurance risks for digital health firmsinsurancebusinessmag.com · Sep 10, 2026
- AI adoption exposes insurance gaps in digital healthbeinsure.com · Sep 10, 2026
- AI Made the Decision. Who Carries the Risk? - GrECo risk and insurance managementgreco.services · Sep 8, 2026
- AI in Insurance: Transforming Claims and Risk Managementbfsi.fintechpublishers.com · Sep 9, 2026
- Insurers Struggle to Price AI Liability Coverage | Insurance Thought Leadershipinsurancethoughtleadership.com · Sep 10, 2026 · magyar
- Standalone AI cover may emerge for new risks, says CyberCube | Intelligent Insurerintelligentinsurer.com · Sep 8, 2026 · magyar
- Why one IT consultancy thinks AI insurance stays a niche through 2028insurance business · Sep 13, 2026
- Insurers are using AI – but can they underwrite it? - Insurance News - insuranceNEWS.com.auinsurancenews.com.au · Sep 7, 2026
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