Re-Shaping the World of Cyber Insurance
Mariam Alhassani, Moatsum Alawida · Advances in computational intelligence and robotics book series · 2025
Cyber insurance is a contractual agreement between a policyholder and an insurance provider, designed to offer financial and operational support in the event of a cyberattack. This chapter explores the transformative role of Artificial Intelligence (AI) in reshaping the cyber insurance landscape. It highlights how AI enables insurers to tailor policy plans, accurately estimate premiums, and proactively detect and mitigate cyber incidents. The chapter further examines AI applications in malware detection, anomaly identification within IT infrastructures, fraud prevention, and spam filtering. A comprehensive overview of the current state of AI and Machine Learning (ML) integration in cyber insurance is provided, along with insights into the key drivers of this growing market and the eligibility criteria for policy issuance. Given the relatively nascent stage of this field, the chapter concludes with strategic recommendations aimed at guiding stakeholders and serving as a foundational reference for those seeking to engage with or assess cyber insurance offerings.