Pre-2023 Liability Policies Leave Firms Uninsured For AI Agent Lawsuits

The Common Question

Does our existing insurance cover us if an AI agent makes a costly mistake?

The Lesson in This Case

Most commercial liability policies written before 2023 cover none of the emerging legal exposure that AI agents now create – leaving companies financially naked when an autonomous system makes a consequential error. The shift from passive chatbots to agents that take actions, execute transactions, and influence decisions has opened new vectors for negligence, product liability, and discrimination claims that traditional underwriters never priced. Before approving the next AI deployment budget, CFOs and CIOs need an explicit conversation with legal and insurance teams about whether their current coverage actually matches what their AI systems do today.

Originally reported by Financial Times Technology. Read the full story here.