Underwriting

Introduction: Insurance Catches Up to AI # The insurance industry has a problem: AI risks are growing faster than the industry’s ability to underwrite them. Claims are emerging across every line of business, from professional liability to cyber to general liability. Exclusions are proliferating. Coverage disputes are multiplying. And the market is only beginning to develop AI-specific products.

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.