Insurance
Home›Insurance›Industry & Deals›CFC adds affirmative AI coverage to its intellectual p…
CFC adds affirmative AI coverage to its intellectual property policy
The new policy wording is designed to clarify how coverage applies to intellectual property claims tied to AI development, creation, and commercialization.
CFC, a specialist insurance provider focused on emerging risks, has introduced affirmative artificial intelligence coverage as part of its Intellectual Property policy, according to Reinsurance News.
The insurer said the change comes in the form of updated policy wording intended to provide greater clarity around how the policy responds to intellectual property claims involving AI.
CFC’s update is aimed at businesses that are increasingly using AI in the development, creation, and commercialization of products and services.
The company positioned the addition as a way to make the coverage trigger and response more understandable for AI-related intellectual property disputes.