aiSure™
More AI Opportunity. Less AI Risk

Whitepapers AI Case Studies

Reap the benefits of AI

While protecting against the downside

98%

of CEOs say there would be immediate business benefits from implementing AI

60%

are hesitant to invest because of uncertain return on investment

Across industries, across use cases aiSure™ has got you covered.

AI Vendors

Both Vendors and Corporations

Corporations using AI

Contractual Liabilities

AI Liabilities

Financial Losses

The Risk

Selling innovation can be challenging when customers lack trust in AI. Providing a performance warranty for the AI models accuracy de-risks the purchase decision, but it creates a liability on the balance sheet of the tech company.

The Risk

Selling or using AI models can create new and accumulated liabilities. Those include

Discrimination
IP infringement
Hallucinations
Regulatory fines

The Risk

Rolling out AI models to automate critical business processes has huge upside potential but comes with uncertainty. AI errors and GenAI hallucinations can lead to ill-informed decisions, business interruption or other forms of lost revenue.

aiSure™ has got you covered for critical AI risks

aiSure™ for providers

aiSure™ for AI deployers

AI innovators can de-risk new clients’ AI investment decisions by guaranteeing ROI. aiSure^TM-backed performance warranties enable you to indemnify your clients for their financial losses or legal liabilities directly related to AI errors.

For corporations deploying AI at scale, aiSure^TM protects against the unexpected downsides of the technology. We cover multiple models and loss scenarios arising from AI errors, including lost revenue, business interruption and legal damages.

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Real AI risk transfer at work.

MKIII

AI-powered Loan Decision Model for Credit Unions to say yes to more borrowers.

Credit unions want to say yes to more borrowers, but legacy tools and regulatory constraints make it hard. That’s where MKIII comes in.

MKIII’s AI-powered LDM helps lenders assess borrower risk with precision and confidence. To enhance lender confidence, MKIII’s model is backed by Munich Re’s aiSure™ insurance, covering losses from prediction errors, calibration or data drift, unexpected deviations, or shifts in borrower behavior.

We’re turning conservative lending into scalable opportunity.

Learn more here at MKIII Download Case Study

Instnt

AI-enabled tool for loss management in business fraud

Financial institutions and businesses are constantly struggling to manage fraud without sacrificing growth. Instnt addresses this problem with an innovative fraud loss insurance program.

With its proven AI-managed platform, advanced fraud detection, loss underwriting technology, and automated claims management—backed by reinsurance capacity from Munich Re, one of the world’s largest reinsurers—Instnt is a game-changer for global businesses.

Learn more here at Instnt Download Case Study

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.

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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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Frequently Asked Questions

What is AI Insurance?

AI insurance is a new category of business risk coverage. Unlike traditional casualty policies protecting against catastrophic loss or traditional liability covering third party damages claims, AI insurance, pioneered by Munich Re in 2018, is triggered by unexpected errors in the ongoing performance of AI models in daily business use. This makes it suited to covering high frequency, low severity events which in the aggregate can create significant economic loss or class action exposures that existing forms of insurance simply don’t address.

Which AI technology risks can be covered with insurance?

AI risks come in various types, including but not limited to:

Underperformance of the models
Hallucination, misleading content and false information.
Bias and fairness risks, leading to discrimination.
Privacy infringement following the leakage of private or sensitive information.
Intellectual property violations by models trained on copyright-protected material.
Users and customers exposed to harmful AI-generated content.

Munich Re has been helping our clients with insurance for AI products and services since 2018 and we are happy to discuss with you how to choose the right insurance for your AI solutions and potential exposures.

How insurance can safeguard AI performance reliability and ROI?

AI is probabilistic – it makes the decisions based on the probability of a range of outcomes. At the same time, AI is systematic – meaning it will continue to make these mistakes until they are identified and corrected.

For businesses using or selling AI, the potential consequences of underperformance can include reduced profitability, serious financial losses, business interruptions, customer dissatisfaction and attrition, increased expenses and reputational damage, as well as legal liabilities and the resulting costs. The type of loss depends on the use case and can include financial costs for system malfunctions and breakdowns, business interruption costs, legal liabilities, extra expenses and costs for accidents.

The risk of underperformance cannot be fully avoided by technical means. At the same time, not leveraging AI effectively could lead to a competitive disadvantage for a company. By indemnifying AI vendors and their corporate users against excessive losses, aiSure™ fills a risk management gap, protecting AI innovations with insurance.

What is Munich Re’s aiSure™ offering?

aiSure™ is a suite of comprehensive coverage for AI systems designed to address a wide area of AI-related risks for AI providers and corporate adopters caused by AI performance errors, including:

Contractual liabilities
Own damages/financial losses; and
Legal Liabilities.

In an emerging market like AI, Insurance solutions should adapt to evolving requirements. As the pioneering insurer in the field of AI, we pride ourselves on delivering tailored insurance solutions for AI product providers.

We welcome other coverage requests and are happy to explore designing a bespoke solution for your business. To learn more on how to protect your AI technology with insurance, please reach out to us.

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