Cyber insurance market wrestles with AI risk challenge
Estimates suggest AI insurance premiums will reach close to $5bn by 2032 but exposures are likely to grow at a similar or even faster pace and many underwriters have concerns about how AI will impact their portfolios
Opinion is divided on how best to respond to the potential exposures caused by artificial intelligence. Some see no reason for the segment to exclude new exposures, but others believe AI will require its own line of insurance