Absolutely. We are committed to empowering brokers with the knowledge and tools necessary to navigate the complexities of AI risk. We offer educational materials, including guides, whitepapers, and training workshops, designed to enhance your understanding of AI technologies and associated risks. These resources enable you to have informed, insightful discussions with your clients, ensuring they receive the best advice and coverage options tailored to their specific needs. To get these materials, please contact us through our website.

The AI risk market is rapidly expanding alongside the widespread adoption of AI technologies across various industries. With the global AI market projected to reach over $190 billion in the next few years, the demand for risk management solutions specific to AI is growing exponentially. This burgeoning market presents a significant opportunity for brokers to offer specialized insurance products that address the distinct challenges posed by AI, tapping into a sector that is both lucrative and essential for the modern business landscape.

Failing to discuss AI risks with your clients can lead to significant vulnerabilities. Clients may remain unaware of potential exposures, leaving them unprotected against regulatory penalties, financial losses, or reputational damage resulting from AI system failures or missteps. As a broker, not addressing these risks could also impact your professional credibility and increase liability. Proactively engaging in conversations about AI risks demonstrates your commitment to comprehensive risk management and positions you as a forward-thinking advisor in a rapidly advancing technological field. Proactively discussing AI risks also helps clients increase their legal defensibility by being able to use the information to take steps that demonstrate reasonable care.

Traditional insurance policies overlook the unique risks associated with AI technologies. We address critical coverage gaps such as algorithmic errors, unintended biases, data privacy breaches specific to AI systems, and operational failures unique to machine learning models. These are nuanced areas where General Liability, Errors & Omissions, Directors & Officers, or Cyber insurance may not provide adequate protection. Even where explicit exclusions may not exist, there is ambiguity in wording which can expose both the broker and the carrier to coverage litigation risk. Our affirmative specialized coverage provides clarity of coverage and ensures that both AI vendors and their clients are safeguarded against the complex and evolving risks inherent in deploying AI solutions.