South Africa, Jan. 27 -- Underwriting is becoming continuous

One of the most visible shifts is in how cyber risk is assessed. Insurers are moving away from annual reviews. Instead, AI tools enable underwriters to analyse large volumes of telemetry and vulnerability data in near real time, providing a clearer view of exposure.

The European Union Agency for Cybersecurity has been blunt about the impact of AI on cyber risk. Losses become more systemic, more correlated, and far harder to model using the actuarial assumptions cyber insurance has relied on for years.

That shift is already filtering into underwriting conversations. Insurers are starting to probe how AI is used inside an organisation and how quickly unusual behaviour can be de...