2026-10-21 · Source: PRNewswire (API)
Summary in 3 Points • Bruce Gendelman Insurance urges businesses to review insurance as AI exclusions emerge in various policies. • Insurers are introducing AI-specific exclusions and coverage options for commercial liability policies. • Gendelman sees parallels between AI and the early development of cyber insurance. --- Bruce Gendelman Insurance is advising businesses to reassess their insurance coverage as artificial intelligence (AI) exclusions start appearing in policies. The rapid integration of AI into business operations has outpaced the evolution of insurance policies, leading to potential gaps in coverage. Insurers are responding by introducing AI-specific exclusions and coverage options, which could affect General Liability, Errors & Omissions, Cyber, and Management Liability policies. Joe Gendelman, President and CEO of Bruce Gendelman Insurance, emphasises the importance of understanding AI exposure and reviewing existing policies for coverage gaps. He draws parallels between the current situation with AI and the early days of cyber insurance, suggesting that AI could undergo a similar evolution in insurance relevance. Businesses are encouraged to proactively evaluate their AI usage and insurance coverage to avoid surprises when claims arise. Insurers are introducing AI-specific exclusions and coverage options, impacting General Liability and Cyber policies, which may lead to coverage gaps for businesses.
Insurers are introducing AI-specific exclusions and coverage options, impacting General Liability and Cyber policies, which may lead to coverage gaps for businesses.