Beazley addresses rise in AI-related cyber threats with new endorsement
Beazley has launched an AI ‘clarifying endorsement’ for its cyber product, which it claims will offer clients peace of mind as to how AI-related cyber attacks are addressed within their existing cover.
The insurer said as AI becomes increasingly embedded within the systems, processes and technologies already covered by cyber policies, this affirmative AI wording provides greater certainty for clients by expressly addressing AI-related events within existing coverage frameworks.
RelatedZurich’s Beazley takeover set for 1 October with regulatory approvals in placeZurich’s £8.1bn Beazley buy has cleared all the necessary regulatory hurdles and is set to complete on 1 October, the pair have
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