AI liability may shift to cyber insurance as other lines exclude risk, Ryan Specialty says
RYAN•AI liability may migrate into cyber and technology errors and omissions insurance as other liability lines add exclusions, Ryan Specialty says. Standalone AI policies offer $1 million to $50 million in limits, while the cyber insurance market generates tens of billions in premiums.
1. Coverage gaps emerge
Ryan Specialty says AI liability may migrate into cyber and technology errors and omissions insurance as adjacent liability lines introduce exclusions. Most cyber carriers remain silent on AI coverage, while a small but growing group is adding AI exclusions or limits that could narrow coverage at renewal.
2. Standalone policies remain small
Standalone AI insurance offers limits of $1 million to $50 million, compared with a cyber market generating tens of billions in premiums. The analysis says brokers should secure explicit coverage terms, particularly for autonomous AI actions that may fall outside traditional cyber policy triggers.
