Global Artificial Intelligence (AI) Insurance Market Growth (Status and Outlook) 2024-2030

Global Artificial Intelligence (AI) Insurance Market Growth (Status and Outlook) 2024-2030

Artificial Intelligence (AI) insurance, also known as AI liability insurance or AI risk insurance, is a specialized type of insurance coverage designed to address the unique risks and challenges associated with the use and deployment of AI technologies. As AI becomes increasingly prevalent across various industries, including healthcare, finance, transportation, and manufacturing, there is a growing recognition of the need to manage the potential liabilities and uncertainties inherent in AI systems.

The global Artificial Intelligence (AI) Insurance market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.

LPI (LP Information)' newest research report, the “Artificial Intelligence (AI) Insurance Industry Forecast” looks at past sales and reviews total world Artificial Intelligence (AI) Insurance sales in 2023, providing a comprehensive analysis by region and market sector of projected Artificial Intelligence (AI) Insurance sales for 2024 through 2030. With Artificial Intelligence (AI) Insurance sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Artificial Intelligence (AI) Insurance industry.

This Insight Report provides a comprehensive analysis of the global Artificial Intelligence (AI) Insurance landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Artificial Intelligence (AI) Insurance portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Artificial Intelligence (AI) Insurance market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Artificial Intelligence (AI) Insurance and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Artificial Intelligence (AI) Insurance.

United States market for Artificial Intelligence (AI) Insurance is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Artificial Intelligence (AI) Insurance is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Artificial Intelligence (AI) Insurance is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Artificial Intelligence (AI) Insurance players cover AXA XL, Chubb, Beazley, Tokio Marine HCC and AIG, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Artificial Intelligence (AI) Insurance market by product type, application, key players and key regions and countries.

Segmentation by type
Errors and Omissions
Liability Insurance
Others

Segmentation by application
Individuals
Business
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
AXA XL
Chubb
Beazley
Tokio Marine HCC
AIG
Munich Re
Swiss Re
Sompo Holdings

Please note: The report will take approximately 2 business days to prepare and deliver.