The cyber insurance market's biggest challenge isn't necessarily AI. It's the gap between perceived risk and operational reality.

While everyone is discussing AI risk, the CIF New York Forum 2026 surfaced a different set of challenges: 
The cyber insurance market’s biggest challenge isn’t necessarily AI. It’s the gap between perceived risk and operational reality.

 Some of the findings that were raised during the forum:

→ Over 60% of assessed organisations lacked MFA on critical access points.

→ Policies written today may already be accumulating future quantum-related exposure through “Harvest Now, Decrypt Later” risks.

→ Business interruption claims remain hampered by inconsistent terminology and valuation methods.

 Under the Chatham House Rule the report explores four themes:

•⁠  ⁠AI as a force multiplier, not a new peril

•⁠  ⁠Why compliance doesn’t equal security

•⁠  ⁠The business interruption settlement challenge

•⁠  ⁠The quantum horizon and long-tail cyber exposure

If you work in cyber insurance, broking, underwriting, security, or risk management, this report offers practical takeaways on where the market should focus next.