The latest from Mosaic Insurance, who have teamed up with Munich Re to plug a few cyber gaps;
Mosaic Insurance has partnered with Munich Re’s aiSure™ to offer groundbreaking coverage to AI providers for risks not addressed by traditional cyber or technology errors and omissions (E&O) policies.
Mosaic x aiSure™ provides up to EUR/USD/CAD 15 million in initial capacity to protect AI developers and vendors worldwide against financial loss arising from defined AI performance failures. Under the partnership, Mosaic underwrites and markets the product through its cyber specialists across the company’s global platform. Munich Re’s aiSure™ has provided the technical foundation, drawing on deep AI and underwriting expertise, analytics, and market insight as a recognized leader in the sphere.
“We’re delighted to partner with Munich Re on this pioneering initiative,” said Dennis Bertram, Head of AI Underwriting at Mosaic. “aiSure™ provided the technical know-how, and we’ve built on that with specialist underwriting to create a solution that is practical and scalable. Our cyber underwriters are now taking this to market so brokers and clients worldwide can address one of the most important commercial questions in AI: what happens when the technology doesn’t deliver?”
While studies show business leaders want to take advantage of AI’s benefits, many are hesitant to invest due to uncertainty around performance risk and related return on investment. Mosaic x aiSure™ addresses that trust gap, providing insurance protection when an AI model fails to meet clearly defined performance thresholds—giving buyers confidence and enabling vendors to stand behind their technology.
AI unlocks significant efficiency and growth opportunities for businesses. At the same time, AI adoption comes with risks, often unexpected and difficult to assess. Mosaic x aiSure™ gives AI providers and AI users confidence in adopting AI faster by insuring errors or hallucinations of AI and GenAI models.
‘In our joint offering with Mosaic, we are now bringing longstanding AI underwriting expertise of aiSure™ to the reinsurance side. I am convinced that our collaborative approach will enable us to support even more companies on their journey towards AI implementation,” said Michael von Gablenz, Head of Insure AI at Munich Re.
aiSure™ is designed for the probabilistic nature of AI, in which even well-built models can produce incorrect outputs. The parametric-like structure means claims are settled quickly, based on measurable performance data, without lengthy investigations.
“This isn’t about system uptime or cyber incidents—it’s about whether the AI’s outputs are actually accurate,” explained Bertram. “Our underwriting focuses on the AI model itself, what it does, how its outputs are used, rather than the insured’s respective industry. That opens the product to any company commercializing AI, from retailers licensing fraud-detection models to manufacturers selling quality-control solutions.”
The coverage is complementary to existing cyber and tech E&O policies, which continue to address operational risks such as outages, data breaches, and negligent deployment.
The collaboration with Munich Re’s aiSure™ supports Mosaic’s overall strategy to enable responsible AI adoption and demonstrate product innovation and underwriting leadership in frontier risks. The company’s dedicated cross-functional AI working group, launched last year and led by Bertram, oversees AI adoption in underwriting and claims, sets standards for responsible use, coordinates pilots, and monitors how AI is changing the risk landscape for clients.
Cyber, incorporating tech E&O, is one of eight lines of specialty business Mosaic currently underwrites, along with environmental liability, transactional liability, financial institutions, political risk, political violence, professional liability, and specialty casualty.
Learn more about aiSureTM at Mosaic Insurance and Munich Re.
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