Cyber policies
Cover data breach + system compromise. AI systems as insured assets. Usually extend.
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E&O
Errors + omissions. If AI provides bad advice → covered? Depends on policy language. Litigation likely.
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AI-specific policies
Munich Re Rebounder. Insurwave. Cover model failures + hallucination damages. Small market forming.
Gaps
Unmodeled risks. Systemic AI failures. Prompt injection uncertain coverage. Underwriting immature.