Your Insurer Rewrote Your Cyber Policy While You Were Deploying AI
Cyber insurance policies are increasingly excluding coverage for AI-related incidents, forcing companies to demonstrate robust governance over their AI usage. Insurers are implementing new policy forms and endorsements that exclude claims arising from AI deployment, particularly when customer data is involved. This shift is driven by rising AI risks, with a significant percentage of security leaders reporting AI-related exclusions in their policies and insurers actively questioning applicants about their AI governance practices. AI
IMPACT Companies must implement AI governance to maintain cyber insurance coverage, impacting deployment strategies and risk management.