Insuring AI Risk: Assurance, Dynamic Underwriting, and Incentives for Trustworthy AI

2026-01-31 · Industry Analysis

Tobi Schneider, Sector Engagement Lead for Financial Services and FinTech at the Edinburgh Futures Institute, is leading UKRI-backed research into how AI risks can be assured and insured. The programme addresses a critical gap in current insurance models: harms caused by AI systems that function as designed but still produce unintended, harmful outcomes. By combining AI assurance, continuous monitoring, and novel underwriting approaches, the work aims to make AI risk insurable while incentivising safer AI deployment.