Artificial Intelligence
Protecting your growth
AI companies operate in one of the fastest-evolving and most regulated sectors. From data quality and algorithmic bias to contractual liability and cybersecurity, each stage of development introduces new risks. Insurance designed for traditional technology firms rarely captures the complexity of AI operations.
At Fairpoint, we help AI startups and established developers secure coverage that reflects their real exposures. Whether you build enterprise models, data infrastructure, or AI-driven healthcare solutions, we make sure your insurance program evolves alongside your technology.
Why it matters
AI companies face overlapping exposures that combine elements of technology errors, data privacy, and professional advice. A model’s output can be challenged for inaccuracy or bias, while a data breach can lead to regulatory fines and loss of trust.
Investors and enterprise clients increasingly expect AI vendors to carry specialized coverage addressing both their intellectual property and data-handling risks. Fairpoint works with insurers that understand this emerging sector and provide clear, modern wordings that stand up to scrutiny.
What coverage you need
Typical protection for AI companies includes:
Technology Errors & Omissions for algorithm or performance failure
Cyber Liability for data breaches and regulatory compliance
Directors & Officers for governance and investor protection
Intellectual Property and Media coverage for content or model output
Professional Liability for advisory or implementation services
Our approach
We collaborate with AI founders, researchers, and investors to build programs that match the pace of innovation.
Our process includes:
Reviewing contracts, data licensing, and model deployment risks
Benchmarking insurer appetite for emerging AI exposures
Placing coverage with top carriers experienced in data-driven technologies