(Asset 9) How Is the Insurance Industry Likely to Respond to Emerging AI-Related Exposures?

How is the insurance industry likely to respond to emerging AI-related exposures?

10%

15%

20%

25%

30%

35%

40%

45%

New policies catering to AI-related risks

40%

Specialized endorsements

40%

AI-specific coverage wordings

37%

Adapted renewal questionnaires

36%

AI-specific policy exclusions

35%

Renewal expectations around robust AI governance/risk management

31%

Source:

Gallagher Attitudes to AI Adoption and Risk Survey