Innovation Meets Risk Management: The Armilla AI and Chaucer Partnership

Artificial Intelligence is transforming industries, redefining workflows, and creating unprecedented opportunities. But with this innovation comes risk—and managing that risk effectively is critical to ensuring AI adoption is both responsible and sustainable. At Armilla AI, we’re committed to addressing AI risk head-on, designing cutting-edge liability solutions to meet the challenges of today and tomorrow.

That’s why our partnership with Chaucer Group is so significant. Together, we are shaping some of the world’s first AI liability products, ensuring that businesses pioneering AI have the protection they need to scale with confidence.

How Armilla AI Thinks About AI Risk and Innovation

At Armilla AI, we believe innovation isn’t just about building new things—it’s about rethinking how we approach challenges. Risk management in AI requires a proactive, data-driven, and adaptive strategy that evolves alongside technological advancements. Our work is guided by:

• Anticipating emerging risks – AI systems don’t just introduce new efficiencies; they introduce novel liabilities. Our goal is to stay ahead of these challenges by continuously refining our risk assessment methodologies.
• Developing forward-thinking solutions – Protecting businesses that deploy AI requires more than traditional coverage. We’re crafting AI liability solutions that account for the complexity of AI decision-making and automation.
• Ensuring accountability in AI – As AI adoption grows, so do concerns about bias, performance, and security. Our AI assurance framework helps organizations verify, validate, and mitigate risks before deployment.

A Collaborative Approach to AI Liability

“Every piece of software that exists in the world will be touched by artificial intelligence. We’re building some of the world’s first insurance products to cover the risks and liabilities of artificial intelligence. Chaucer rolled up their sleeves, worked alongside us in designing, developing the product. I think that’s a testament to how seriously they take innovation. Insurance is in the business of risk. We need to encourage innovators in this market.” — Karthik Ramakrishnan, CEO of Armilla AI

Our collaboration with Chaucer is built on a shared commitment to innovation and risk management. As one of the most forward-thinking insurers in the market, Chaucer has actively worked alongside Armilla AI to develop products that address the specific risks associated with AI adoption. Their expertise in risk underwriting, combined with our deep understanding of AI assurance, has led to the creation of new liability solutions tailored for AI pioneers.

Armilla AI’s Liability Solutions: Protecting AI Pioneers

Our AI liability solutions are built for those bold enough to reshape industries—the innovators, the pioneers, the leaders adopting AI today. Through our partnership with Chaucer, we’re developing coverage that accounts for the complexities of AI risk, ensuring organizations can scale with confidence.

Our innovative approach has already helped some of the world’s most forward-thinking companies, including:

• BCG – Armilla’s warranty coverage on AI-powered solutions helped build confidence in AI-driven consulting projects.
• Private AI – Our third-party verification and warranties have accelerated enterprise adoption of their AI-powered de-identification solutions.
• SkyHive by Cornerstone – Armilla’s certification and warranties enhanced trust in their AI models, supporting responsible AI adoption.
• Accend – Our independent audit and warranty provided critical assurance for an AI-powered risk assessment, helping them secure a major fintech contract.

Are You Ready to Navigate AI Risk?

AI is revolutionizing industries, but its risks must be managed thoughtfully. Whether you’re an AI vendor, a broker, or an enterprise deploying AI, our doors are always open for collaboration.

➡️ Learn more about our assessment and AI liability solutions. Contact us here.