Lloyd’s of London insurers launch a product to cover companies for losses caused by AI chatbot errors; the policies are developed by YC-backed startup Armilla (Financial Times)

by #AI [2.0] May 10, 2025 · Automatic / Editor's Picks [News]

Financial Times:
Lloyd’s of London insurers launch a product to cover companies for losses caused by AI chatbot errors; the policies are developed by YC-backed startup Armilla — Policies will pay out for costs such as legal fees and court damages if AI tools underperform — Simply sign up to the Artificial …