Lloyd’s Insurers Roll Out New AI Error and Loss Protection Policies

Monday, May 12, 2025, 11:20 am

Lloyd’s insurers are venturing into uncharted territory by launching specialized policies that cover financial damages from AI mishaps, including chatbot errors. This move reflects a growing need to manage the unpredictable side of ever-more integrated technology, leaving stakeholders to wonder if risk can really be insured away.

the-decoder.com / Lloyd’s insurers launch first AI chatbot error policies

For the first time, insurers in London’s Lloyd’s market are offering dedicated policies that cover damages caused by errors from AI chatbots. The article Lloyd’s insurers launch first AI chatbot error policies appeared first on THE DECODER.

techmonitor.ai / Lloyd’s insurers introduce protection against financial losses from AI

Insurers at Lloyd’s of London have come up with a new insurance product to address the financial risks associated with errors in AI tools.

permalink / 2 stories from sources in 6 hours ago #ai #aiethics #business

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