Understand AI Exclusions in Insurance Policies: Key Coverage Risk
AI exclusions insurance: The AI Exclusions Loophole No One Notices AI exclusions insurance is transforming the industry. A London-based fintech firm spent six months battling their insurer after a rogue trading bot-flagged as “automated decision-making” in the policy-cost them $12 million. The catch? Their cyber policy excluded “AI-related incidents,” but the insurer insisted the bot […]
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