02/26/2026
A centuries-old industry is stepping into AI: Insurance. Wild? Yes. Surprising? Not really.
Companies have actually been insuring AI since 2018. And now, new startups are creating certification standards (AIUC-1) for AI systems. It tests concerns like safety, security, privacy, reliability.
So… why does this matter?
Because AI isn’t just a cool idea anymore. It’s being used in real businesses every single day.
A study from Ernst & Young found that 99% of companies surveyed said they’ve already lost money because of AI problems. Almost two-thirds lost more than $1 million.
The risks are real — and so is the demand.
More than 90% of businesses say they want insurance to protect them from AI mistakes.
Here’s the interesting part: insurance doesn’t just pay for problems. It often helps prevent them. Once upon a time, ideas from Benjamin Franklin helped shape building safety rules. Insurance companies also pushed for seatbelts in cars.
In other words, insurance has a history of making new things safer.
So maybe this isn’t about being scared of AI. Maybe it’s about growing up with it.
If AI can be insured, how does that make you feel about using it?
As government regulation lags, some insurance companies see a business case for pushing AI companies to minimize risk and adopt stronger guardrails.