Counterpart Launches Affirmative AI Coverage to Bridge Insurance Gap for AI-Driven Businesses
Businesses are adopting Artificial Intelligence (AI) at an unprecedented pace, yet their insurance policies have failed to keep up. As companies increasingly rely on AI for decision-making, customer interactions, and operational efficiency, they are encountering a growing risk: standard professional liability policies often exclude coverage for AI-related claims. Issues such as algorithmic bias, discriminatory outcomes, and inaccurate AI-generated recommendations are now exposing organizations to significant financial and legal exposure. Counterpart, the leading Agentic Insurance™ platform, is addressing this critical gap with the expansion of its Affirmative AI Coverage. This new offering is designed specifically for businesses using AI in their operations, providing explicit, proactive protection against risks tied to AI deployment. Unlike traditional insurance that only responds after a claim is made, Counterpart’s Affirmative AI Coverage is built into the policy from the start, offering clear, comprehensive protection for AI-specific liabilities. The coverage includes protection against claims related to AI-generated content, decision-making errors, data privacy violations, and algorithmic discrimination—issues that are frequently excluded under conventional policies. The expansion comes at a pivotal moment. As AI tools become embedded in core business functions—from underwriting and marketing to HR and customer service—companies are realizing that their existing insurance is insufficient. According to recent industry data, a significant number of AI-related claims are being denied due to policy exclusions, leaving businesses vulnerable. Counterpart’s approach reflects a shift toward forward-thinking, technology-native insurance. By integrating risk assessment, compliance monitoring, and real-time policy adjustments with AI, the platform not only provides coverage but also helps clients manage and reduce AI-related risks proactively. The company’s focus on Agentic Insurance™—a model that treats insurance as an active partner in digital transformation—positions it at the forefront of the insurtech revolution. With this expanded coverage, Counterpart aims to empower businesses to innovate with confidence, knowing they are protected in an evolving AI-driven landscape.
