Three more carriers say AI-driven cyber losses are covered, and one calls AI a risk amplifier
QBE global head of cyber Serene Davis told Cybersecurity Dive the insurer is "continuing to support coverage for cyber risks and claims arising out of AI, not retreating from them" and that "AI is treated as a risk amplifier, not a fundamentally new cyber risk." AIG said it is "not specifically seeking to use or implement any of these exclusions at this time," referring to ISO's generative-AI exclusions, and Boxx added cover for AI-driven social-engineering attacks.
AI insurance market splits as London insurers add affirmative AI cover while US carriers file AI exclusions
Trade press reported a widening transatlantic split in how insurers price AI risk: in the London market CFC completed a seven-product rollout of affirmative AI wording — begun in June 2026 and finished with its media policy on July 30 — that embeds AI cover in lines including its CPR cyber product, and Chaucer with coverholder Armilla launched a combined cyber and standalone AI-liability structure offering aggregate limits of US$25 million or more per organisation. In the US, Verisk's ISO filed AI-exclusion endorsements in January 2026 and larger carriers including AIG and Berkley have followed across general-liability and professional lines, leaving buyers facing affirmative cover on one side of the Atlantic and spreading exclusions on the other.