๐ Enterprises can now transfer AI liability risk off their balance sheet with our first insurance product live today!
๐ Backed by Lloyd's of London capacity from Apollo, we bridge specialist underwriting with Silicon Valley technology to insure the AI economy and unlock adoption.
๐ก๏ธOn the 1st January, General Liability insurance started excluding GenAI - we fill that coverage gap. If you are an enterprise deploying AI or a broker interested in distributing our product sign up below!
Thank you everyone for the impressive AI talent density in the room last night. It meant a lot that you carved out time in your busy schedules to be there.
A special thank you to @localglobevc for hosting us.
A lot of alpha last night from the AI engineers meetup in NYC.
Among the 79 attendees, favorite coding agents included:
- Claude Code (54.4%)
- Codex (11.4%)
- Cursor (8.9%)
- Antigravity (3.8%)
- OpenCode (2.5%)
- Other: Gemini CLI, Amp, Roo Code, Composer, Ur Mom (19%)
All with an overwhelming favor towards Opus 4.6, and Codex 5.2 coming in close 2nd.
My parents are both lawyers, as is my sister - I come from a legal background. If you have worked at an enterprise, you'll understand the importance of liability risk when deploying new technology. Insurance is a risk transfer mechanism, from an enterprise (or individual) to an insurance market. It's the perfect solution to unlock adoption and enable confident innovation.
AI insurance is the biggest horizontal opportunity for the economy. Every organisation, in every industry is using more and more AI until the only risk remaining will be AI risk. Transferring risk from your enterprise, in an environment of uncertainty, creates certainty - especially when you have the Lloyd's of London (A+ credit rated) market taking the risk for you!
I started @testudoglobal when I saw the AI deployment risk problem staring me in the face and traditional insurance policies absolutely not covering this new amazing technology. We will unlock the AI economy and have a great adventure with great people in doing so. The launch of the AI insurance category with our first product is us executing on our vision of insuring the AI economy.
If you are an enterprise grappling with AI risk, we can help you! If you are a broker wanting to sell our product, please get in touch.
Onwards
Only 4.9% of generative AI lawsuits are caused by model hallucinations.
The vast majority of liability stems from copyright, patent infringement, and D&O claims. Fixating on model performance leaves enterprises blind to the actual drivers of liability.
Insurance isn't where I expected to end up.
When I joined @testudoglobal six months ago, I didn't know much about AI risk or insurance, but I knew what a great team looked like.
One week in London watching them work was all it took.
Every enterprise is deploying AI, and nobody was properly covering the liability.
The team saw that opportunity years ago, and they were moving faster than anyone else.
This week we shipped our first AI insurance policy backed by Lloyd's of London.
This is only the beginning. Proud to be part of it.
How do we price AI insurance in a fast moving ecosystem with limited data? That's the secret sauce.
But at Testudo, we can quote you same day for our AI insurance policy (backed by Lloyd's of London) - without invasively connecting to your internal systems or auditing your proprietary AI.
Where does the name Testudo come from? Learn more from @iam_gls live on @tbpn...
Our new insurance product covers enterprises from litigation like a protective wall of shields on all sides ๐ข
๐ Enterprises can now transfer AI liability risk off their balance sheet with our first insurance product live today!
๐ Backed by Lloyd's of London capacity from Apollo, we bridge specialist underwriting with Silicon Valley technology to insure the AI economy and unlock adoption.
๐ก๏ธOn the 1st January, General Liability insurance started excluding GenAI - we fill that coverage gap. If you are an enterprise deploying AI or a broker interested in distributing our product sign up below!
2:26:35. Congrats @justindross and shoutout Coalition @SolveCyberRisk@joshuamotta in the cyber insurance category.
Underwriting AI risk is what we do @testudoglobal. AI insurance is the new category and we are making this bet. Working with Lloyd's of London and we have the litigation data you are asking about @johncoogan@jordihays@tbpn!
In ancient Rome, legions would interlock their shields creating a shell-like barrier on the front, back, sides and top. This would protect them from projectiles and enable them to press forward.
This is what our insurance is for enterprises deploying and using AI technology + agents! ๐ข
Today weโre excited to unveil the new brand identity and website for @testudoinsure. We partnered with founder @iam_gls to visualize how Testudo is building the technical infrastructure to underwrite the future of work. Let's dive in ๐งต