Author: Claudia Jackson

AI is transforming business operations across critical functions and infrastructure. In doing so, it is amplifying existing cyber risks and creating entirely new categories of exposure. The cyber insurance market’s response remains fragmented, but the overall direction is clear: tighter underwriting requirements, AI-specific policy enhancements and exclusions, and the emergence of new insurance products designed to address AI-related risks. The changing nature of cyber risk Traditional cyber insurance was developed to address what are now a relatively predictable set of risks, including ransomware, phishing attacks, data breaches, and system outages. These events typically involve an external threat actor infiltrating business…