Cyber Session: AI: Cyber Risk Amplifier or Mitigator?

As AI transforms the cyber risk landscape, traditional underwriting practices face growing challenges in identifying, assessing, and pricing rapidly evolving exposures, and brokers face hurdles in understanding their clients’ AI usage and risk profiles. The speakers will examine whether annual underwriting cycles and existing questionnaires remain adequate, how insurers and brokers should address silent AI exposures, shadow AI, complex third- and fourth-party dependencies, risk quantification, and whether AI-enabled risk assessment can improve underwriting accuracy and efficiency. We will explore the implications for coverage by traditional and stand alone insurers, risk selection, and the future insurability of cyber and AI-related risks. We will explore the implications for coverage by traditional and stand-alone insurers, risk selection, and the future insurability of cyber and AI-related risks.