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AI Insurance

We feel the crucial aspect of providing insurance to AI companies is ensuring that we have explored several key factors with you; how your AI works, what functions it performs, how the code has been sourced and developed, and how you manage the IP and licensing exposures. Once we understand your business, we then ensure this information is shared accurately with insurers, and a policy is provided which covers your precise activities, by an insurer that understands your business. 

Professional Indemnity for AI companies

However solid your products or services are, none of us are immune to mistakes being made. PI and Technology liability cover protects you from errors made by yourself or your business, Intellectual property breaches, compensation claims and contract disputes. 

Cyber insurance for AI companies

We provide AI Software companies with tailored Cyber insurance, which protects you should you face hacker damage, a malware attack, costs associated with a data breach, suffer any sort of cyber crime, cyber business interruption or cyber extortion. It also protects you from media and privacy liabilities, any investigation and remediation costs, and ICO investigation advice and defence.

Directors' and Officers' insurance for AI companies

If a director or officer faces a claim of mismanagement, Directors’ and Officers’ cover protects them against any legal fees, fines, penalties and disqualifications. This is considered an essential cover for startups seeking investment funding.

AI software insurance can include

What we can cover