Insurance Industry May Be Unprepared for Agentic AI Risks

New research shows the insurance industry might not be equipped to deal with AI risks. Findings from the Artificial Intelligence Underwriting Company (AIUC), the subject of a Tuesday (July 14) Financial Times (FT) report , show that more than 90% of insurers’ exposure to artificial intelligence (AI) is in “silent” cover that is part of conventional policies. That means risks are “largely unpriced” and in many cases unnoticed by insurers, said the report, co-authored with researchers from Anthrop