Anthropic's S-1 filing lists risks ranging from IP theft and security incidents to data loss, climate change and rogue agents, and warns its insurance may not provide sufficient coverage while the AI-specific insurance market is still nascent. Gartner's Alissa Lugo says 'death by AI' claims could exceed 2,000 worldwide by the end of 2026, and more companies are building in AI exclusions. Dennis Hendrickson of Hendrickson Insurance says cyber policies cover only some AI losses, and nearly every cyber policy excludes bodily injury. Kara Higginbotham of Zurich North America says a coverage gap generally exists for bodily or physical harm from AI incidents, as insurers are wary of writing such risks into policies today. Henrietta Akpata of Marist University says most companies cannot say where employees use AI tools, which is the first thing to fix.
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