Insure AI

Guarantee the performance of your Artificial Intelligence solutions

Innovative coverage for Artificial Intelligence solutions

Artificial Intelligence is turning the economy upside down. It offers us the chance to reduce costs, improve quality and increase profits. However, it involves risks as well.

Clients of AI solutions wonder:

Will the model perform as promised?
Will it create consistent results for my specific situation?
Will it perform accurately even in a changing environment?
Who will pay for the losses if the model does not deliver?

If you are an AI provider, you might relate to these questions. Munich Re can help you reduce these uncertainties with an innovative insurance-backed performance guarantee. With our solutions you can increase your clients’ trust in your AI solution.

Are you an AI adopter, planning to implement self-developed AI solutions in your company? Check out our tailor-made product for companies using their own AI.

Implementing own AI without risks

How aiSure™ works

Understand aiSure™ in 60 seconds

98%

of CEOs say their organizations would benefit from implementing AI

43%

of all business leaders are concerned about the trustworthiness of AI and ML

67%

of CEOs citing potential errors as a top risk of AI and ML integration, reinforcing that lack of trust

Listen to our experts: “AI – safe and sound”

"AI – safe and sound" – an expert podcast series by Munich Re. Together with players from the AI industry, we explore the potential of AI and provide different perspectives on the technology and potential risks.

Latest: Episode 5

AI and Accountability

Liability for AI-caused losses

Episode 5

Episode 4

Quantify risk with AI

How AI quantifies risks and how this can be a matter of life or death.

Episode 4

Episode 3

E-commerce fraud prevention with AI

How merchants can protect their businesses.

Episode 3

Episode 2

AI-based predictive battery state-of-health analytics

How TWAICE supports the energy transition in the transport sector.

Episode 2

Episode 1

Innovative coverage for AI solutions

Performance guarantees enable the adoption of AI.

Episode 1

Selected partners up and running

For many verticals, aiSure^TM has already increased customer confidence in the performance of AI.

In our case studies, we show you how we work together with our partners and which different AI application areas we cover with aiSure. Can't find your specific area? We certainly have a solution for that too.

Selected Case Studies:

Barker

AI-Powered Alternative-Asset Valuations with a Performance Cover

Luxury assets are often used as collateral for loans. However, pricing is often inaccurate, leading to lower loan-to-values and smaller profits compared to other asset classes. Barker’s AI solution revolutionizes luxury asset pricing, giving lenders confidence in non-bankable asset-backed loans. Barker also warranties its values, paying the difference if they’re wrong. This provides additional security, as Munich Re covers Barker's warranty. By indemnifying Barker for its liabilities under the warranty it gives lenders and banks confidence in their decisions.

Download Case Study

AI-Powered Alternative-Asset Valuations with a Performance Cover

Qumata

AI solution for medical-free underwriting with a performance guarantee

Qumata’s AI solution uses digital data to calculate the risk of fraud and an applicant’s health status.

This output is used to triage customers between medical and non-medical underwriting journeys, as such reducing dropouts – because fewer physical medicals are required. Combined with Munich Re’s product guarantee, insurers can use this solution to significantly increase sales without having to worry about an increase in claims due to a different underwriting methodology.

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AI solution for medical-free underwriting with a performance guarantee

BforeAI

Predictive cybersecurity with a performance guarantee

BforeAI’s preventative behavioural attack identification software enables organisations to identify possible security breaches earlier on and gives them an edge in dealing with security threats. BforeAI’s PreCrime^TM Intelligence is the predictive attack intelligence domain list. It is the pre‑emptive shield against security threats. The PreCrime^TM Intelligence AI predicts dangerous domains before they launch attacks.

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SeismicAI

Earthquake Early Warning system with a performance guarantee

Traditional methods fall short in terms of accurately and rapidly detecting and alerting on earthquakes, their location and severity. SeismicAI's Earthquake Early Warning system can determine an earthquake's location, magnitude and impacts on various sites with much higher accuracy and speed than traditional single-sensor seismic networks. SeismicAI's real-time array seismology provides invaluable time to help minimise loss of life and safeguard vital assets by implementing preventive measures in commercial facilities or critical institutions such as schools and hospitals.

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FUGU

Fraud prevention with a performance guarantee

FUGU’s multi-layer anti-fraud solution allows online sellers to validate the most suspicious transactions while reducing false declines. It effectively detects friendly fraud attempts, resulting in minimum exposure to future chargebacks. FUGU’s self-learning algorithms collect data at various points of the transaction life cycle and allow a broader and more data-based risk assessment analysis.

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Growers Edge

Innovative Crop Plans with warranty backing for farmers

Growers Edge builds industry-leading fintech and data solutions to empower agriculture retailers and input manu facturers. Adopting innovative ag technologies like new seed, chemicals or earth-conscious practices has been intimidating and costly, with no financial backstop for farmers. Leveraging their comprehensive analytics capabilities, Growers Edge partners with retailers, offering warranty- backed crop plans that help farmers adopt new technologies and practices leading to secured yield.

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Deep Instinct

True prevention and protection against ransomware

Deep Instinct provides a deep learning cybersecurity framework to identify and prevent ransomware and other malware before they even execute.

The prevention-first approach detects attacks in milli-seconds, faster than the fastest known ransomware is able to encrypt and cause harm. Preventing unknown threats is far more effective than any other endpoint protection or detection and response solutions.

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Four reasons you should talk to us

Tailored product

The performance guarantee insurance is targeted exactly towards important performance KPIs, which matter to your clients and will help you to differentiate.

Your needs are key

We invest time to understand your business model and the ecosystem it operates in to design solutions, tailored to the needs of your start-up.

Structured process

We offer a rapid co-creation process which aligns with your go-to market timelines to enable your sales.

Reliable partnership

With us as a partner you can promote a strong signal of trust, security and credibility with an AI model supported by the balance sheet, the brand and the technical due diligence of Munich Re.