Glossary · term

Agent E&O Insurance

Errors & Omissions insurance for harm caused by autonomous AI agents. Armilla AI, as a Coverholder at Lloyd's, offers affirmative AI liability insurance with a performance guarantee (AI Performance Warranty) — covering model errors, undisclosed data, unreliable agents, and regulatory risks, backed by underwriters from Lloyd's, Chaucer, Swiss Re, and AXIS. Munich Re is developing aiSure, and ISO is introducing dedicated endorsements. The market is forming in 2026.

Agents2026Wave 3 · 2025–26Maturity: 2/5

Maturity rationale

single source, early stage

References

Author: Lloyd's of London