Marketplace Tech · Thursday, September 17, 2026
With over 1 in 5 US companies using AI in operations, new liabilities are emerging, creating a growing market for AI-specific insurance. Deloitte projects this market to reach nearly $5 billion by 2032. Startups like Corgy are offering specialized policies to cover damages from AI mistakes, while established players are beginning to scrutinize and potentially exclude AI from traditional plans.
“More than 1 in 5 US companies are using AI in daily operations now, according to Goldman Sachs. And that's creating new liabilities for businesses. That's where insurance comes in. Deloitte projects insurance for AI will grow into a nearly $5 billion global business by 2032.”
“Just like a human might mess up, AI might mess up even worse, where it might say things that it shouldn't say, it might calculate things that shouldn't calculate, it might even cause outages or things like that. Corgy's policy explicitly covers damages that could result from these AI mistakes.”
“The insurance market is beginning to move from silence on AI to scrutiny of AI.”