About Armilla
Armilla AI is the purpose-built AI liability insurance specialist. As a Lloyd's Coverholder and managing general agent (MGA), Armilla underwrites affirmative AI liability insurance for companies building and deploying AI.
Recognized By
We help our customers identify, protect against, and respond to AI risks. Our technical underwriting, built on years of evaluating AI systems, lets us understand and price AI risk that others leave silent.
What we do
Our underwriters price AI risk from a technical evaluation, governance documentation, plus litigation, incident and regulatory data from the Armilla AI Risk Hub.
A dedicated AI liability policy, not an endorsement on a cyber or Technology E&O form. Named AI failures are covered in writing.
The policy responds to third-party claims arising from AI errors, outputs and agent actions, including defense costs and settlements.
Limits up to US$25 million aggregate per insured, placed through your broker. US$5 million per model.
Our story
Armilla started in Toronto in 2020. Our team comes from Element AI, the Responsible AI Institute, Deloitte, insurance companies and brokerages. We spent our first years evaluating AI systems for accuracy, robustness and fairness, and completed more than 500 evaluations across regulated industries.
Those evaluations showed us where AI fails in production. We also saw how rarely existing insurance answered for those failures. Traditional policies were written before generative AI. Most are silent on AI failure modes, and some insurers have started adding AI exclusions.
We built Armilla to insure those failures directly. In 2023 we joined Lloyd's Lab. In 2024 Armilla became the first Lloyd's Coverholder dedicated solely to AI liability insurance. In April 2025 we launched a standalone, affirmative AI liability policy. In January 2026 we raised limits to US$25 million.
Our job is to make AI adoption insurable, so your company deploys AI with the protection your customers and board expect.
Armilla is backed by Chaucer, AXIS Capital, and Convex and distributes through licensed brokers in the US, and Canada.
Armilla has raised capital from Mistral Venture Partners, Y Combinator, MS&AD Ventures, SixThirty Ventures, Greenlight Re and Chaucer.
Disclaimer: The insurance products described on this website are offered through surplus lines insurers. Surplus lines insurance is not subject to all the insurance laws and regulations of your state, and such insurers are generally not licensed by or subject to the supervision of the insurance department of your state. Coverage may not be available in all jurisdictions and is offered only through properly licensed surplus lines brokers.
Nothing on this website constitutes an offer to sell or a solicitation to buy insurance. No coverage will be bound or effective unless and until confirmed in writing by an authorized representative and all underwriting requirements have been satisfied. Any descriptions of coverage are for general informational purposes only and do not amend, modify, or supplement any actual policy or contract of insurance.
Please consult with a licensed surplus lines broker to determine availability and eligibility in your state.
Armilla Insurance Services is a Coverholder at Lloyd's. Affirmative AI Liability Insurance is underwritten by certain underwriters at Lloyd's. Not all activities are related to Lloyd's.