My Account
We compare quotes from leading insurers
INSURANCE FOR AI & MACHINE LEARNING COMPANIES
Specialist Cover for Artificial Intelligence Platforms
AI companies face unique risks including algorithmic errors, data model failures, hallucinations, incorrect outputs, automation faults, IP disputes and cybersecurity exposures. Our specialist insurance protects AI developers against financial loss arising from system failures or incorrect model outputs.
What AI Software Company Insurance Covers
- Incorrect or harmful AI outputs leading to financial loss
- Algorithmic errors or flawed ML model training
- System downtime or failed model deployment
- Data breach, data corruption or privacy failures
- IP disputes relating to datasets, models or code
- Contractual liability for AI performance issues
FREQUENTLY ASKED QUESTIONS
+-
Does Professional Indemnity cover AI model errors?
Yes. PI insurance can cover financial loss caused by incorrect AI predictions, outputs or automated decisions.
+-
Do AI companies need Cyber Liability insurance?
Yes. AI systems rely on data pipelines, APIs and integrations, making cybersecurity protection essential.
+-
Does insurance cover AI hallucinations or harmful outputs?
Some PI policies may cover this depending on the impact; specialist AI-specific extensions are recommended.