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Hallucination Coverage

AI-Specific Professional Liability Insurance: Emerging Coverage for Emerging Risks

··15 mins
Resources AI Insurance Professional Liability E&O Insurance Munich Re AiSure Armilla AI Exclusions Hallucination Coverage Claims-Made Cyber Insurance Underwriting
The Insurance Industry’s AI Reckoning # The insurance industry faces an unprecedented challenge: how to underwrite risks from technology that even its creators don’t fully understand. As AI systems increasingly make decisions that traditionally required human judgment, and increasingly cause harm when those decisions go wrong, insurers are scrambling to adapt products designed for a pre-AI world.