What will be discussed:
– Anonymised claims data revealed to understand what questions underwriters should be asking that they aren’t already
– Where do we draw the line? What verification systems actually work against AI-generated fraud?
– Where premium differentiation should sit and what actually drives loss.
Why now?
Ransomware losses now average $631,000, while BEC claims are increasingly coupled with AI-enhanced financial fraud (ITIJ). Standard cyber policies now explicitly exclude AI-generated content from social engineering coverage (IAPP), creating coverage disputes and leaving organisations exposed.
Without consistent AI risk assessment frameworks, the market faces adverse selection; some carriers are binding accounts that others would decline. This session builds a shared framework that underwriting, pricing, and claims teams to build practical, implementable standards for AI-exposed accounts.
Participants:
Chief Underwriting Officers/Senior Cyber Underwriters
Head of Risk Engineering/VP of Risk Control
Senior Actuaries (Pricing & Product)
Head of Claims (Cyber)
