Artificial Intelligence Insurance

Artificial Intelligence Insurance

Data Science I Robotics | Bots & APIs | AGI | ANI

AI/Artificial Intelligence Insurance is already delivering game-changing benefits in inventory management, forecasting, faster diagnoses, order fulfilment, manufacturing processes and robotics. With very big data increasingly accessible and available, the tidal wave of Knowledge Work Automation is predicted to impact the global economy by $5-7 trillion per annum. But with new opportunity comes new risk.

What if…?

  • Your AI misinterprets data and reaches to the wrong conclusion?
  • Your software doesn’t deliver the promised efficiencies and you’re sued?
  • Your tele-surgery robotics are hacked and someone is hurt?
  • Your AI breaches data privacy legislation?
  • Someone accuses you of IP infringement based on your Artificial Intelligence?

AI gone wrong could have disastrous consequences. But while the world angsts about the existential risks (will robots destroy the human race?), it’s our job to protect your business in the here and now as you push forward the boundaries of technology.

Specialist AI insurance that’s designed with Artificial Intelligence in mind is a must. La Playa is one of the few brokers who really understand AI Insurance. We speak your language. We understand the risks and pressures you face. And we can support you with bespoke insurance protection from start-up to IPO – when your shares will be traded by algorithmic high-frequency AI traders…

Employers Liability Boris Robot 5

“Thank you so much for giving so generously of your time to contribute at the Ignite Programme - it would not be the success that it is if it were not for the commitment and dedication of contributors such as yourself.”

Frances B, Programme Manager, Centre for Entrepreneurial Learning (CfEL)

 

Pricing Options

Prix Fixe 1

£45.83 a month

Details >

 

Professional Indemnity: £250,000

Employers' Liability: £10 million

General Public: £1 million

Product Liability: £1 million

Computers: £5,000

General Contents: £5,000

Business Interruption: £25,000

Breach Response: 5,000 records


Application form

Prix Fixe 2

£55 a month

Details >

 

Professional Indemnity: £500,000

Employers' Liability: £10 million

General Public: £1 million

Product Liability: £1 million

Computers: £5,000

General Contents: £5,000

Business Interruption: £25,000

Breach Response: 5,000 records


Application form

Prix Fixe 3

£73.34 a month

Details >

 

Professional Indemnity: £1,000,000

Employers' Liability: £10 million

General Public: £1 million

Product Liability: £1 million

Computers: £5,000

General Contents: £5,000

Business Interruption: £25,000

Breach Response: 5,000 records


Application form

A La Carte

 

Details >

 

Ready to work with us?

You can call us to talk more about your business on +44 (0)1223 200650 or +44 (0)20 3865 0149

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About La Playa Science & Technology

Specialist & Independent

Specialist & Independent

La Playa's specialist Science & Tech team can help you protect your business with smart, flexible, high-performance insurance - with a friendly human UI. We understand the risks and pressures you face - and we speak your language.  We’ll support you with great advice - helping you make good decisions for your business. 

In-house IFA

We also offer Business Protection (including Key Person Insurance) and Employee Benefits: a joined up approach with a team of advisers working for your best financial interests - all under one roof

Advice You Can Trust

…from an expert who understands you

Tech-based business is 24/7, global and borderless, exposing you to new risks and liabilities - often in unfamiliar places. As the law struggles to keep pace with technology, insurance can provide a real safety net if you fall foul of changing legislation.

  • Specialist insurance for science and technology
  • Independent professional advice
  • Relationship-based service: right beside you when you make a claim
  • “Can do” culture
  • Seamless insurance across UK and US
     
Photo from Science & Technology
Photo of Hanna Beaumont FIRM

Hanna Beaumont FIRM

DIRECTOR, SCIENCE AND TECHNOLOGY

Direct Dial: +44 (0) 1223 200664

Mobile: +44 (0) 7795 473071

Email: hanna.beaumont@laplayainsurance.com

Twitter: @HannaBLaPlaya