Insurance companies anticipate multi-million-dollar claims if AI developers are sued over AI wrongdoing. Recent examples of AI autonomously hacking third-party systems and evading controls have increased concern about liability cases for both developers and deployers.

Industry leaders told the Financial Times that AI company bosses could be personally liable if models go โ€œrogue.โ€ Insurers could then pick up the bill if the companies have โ€œdirectors and officersโ€ policies covering executives who end up in court.

Ruth Prickett graduated from Cambridge University with a BA hons in History and has specialized in business and finance journalism for the past 20 years. She was editor of Financial Management, the magazine...