AXA XL unveils insurance coverage against generative AI risks

AXA XL, an entity of the French AXA Group, is introducing an insurance product designed to cover companies against the risks associated with their own generative artificial intelligence (AI) models.

The solution is designed to help companies manage the risks arising from the development of generative AI, namely data poisoning, usage rights infringement and regulatory violations.

The coverage is an add-on to AXA XL's “CyberRiskConnect” policy, and is available in the USA, Canada, the UK, Europe and Asia.