From Yahoo Finance: 2025-05-19 13:00:00

Demand for insurance covering liabilities from dysfunctional AI outputs is growing as AI adoption increases. GlobalData poll shows interest in AI-related coverage, with providers like Lloyd’s of London offering specialized products. As AI technology evolves, insurers must adapt to cover risks like algorithmic bias and erroneous outputs to meet market demand.

Read more: Demand for AI error insurance grows