AI and the Evolution of Insurance Law

Feng Wang (Author)

ISBN: 9780198953586

Published: October 2026

Format: Hardcover

Language: English

Publisher: Oxford University Press

Description

AI and the Evolution of Insurance Law examines how artificial intelligence is reshaping both the risks insurance is asked to cover and the legal doctrines insurance markets rely on to respond to them. Dr Feng Wang tests established principles of risk assessment, disclosure, causation, and liability against the opacity, automation, and systemic exposure that AI introduces, asking whether existing insurance law can absorb AI-related harms or whether new regulatory, contractual, and doctrinal responses are needed.

Key Features

Tests core insurance law doctrines — insurability, causation, disclosure, and policy construction — directly against AI-specific risk characteristics such as model opacity and automated decision-making. Reassesses the disclosure/"knowledge" standard under the UK Insurance Act 2015 in light of AI systems, a framework increasingly referenced by regulators and insurers well beyond the UK market. Proposes practical regulatory and structural responses, including AI-specific liability insurance design and AI mutual/public-private partnership models, for insurers building AI risk products today.

Coverage

Chapters 1-3 cover the AI technologies driving new risk, how they are reshaping the risk landscape, and the historical evolution of insurance law in response to earlier waves of technological change. Chapters 4-7 examine insurability of AI risks, causation challenges specific to AI, and liability and liability-insurance questions, including a full reassessment of "knowledge" under the UK Insurance Act 2015. Chapters 8-9 address the insurer's regulatory role in balancing innovation with oversight, and emerging AI private-public partnership and AI mutual models.

About the Authors

Dr Feng Wang is a member of the Law School faculty at the University of Southampton, specialising in insurance law and the regulation of emerging technologies.

Table of Contents

1. Artificial Intelligence: The Technology
2. Mapping the Risk Landscape in the AI Age
3. Insurance Law in the Technological Context: A Historical Review
4. Insurability of AI Risks
5. Causation for AI Insurance
6. AI Liability and Liability Insurance for AI
7. Reassessing "Knowledge" under the UK Insurance Act 2015 in the AI Age
8. Balancing Innovation with Regulation: The Insurer's Regulatory Role
9. AI Private-Public Partnership and AI Mutual

Why buy this book?

As insurers worldwide race to price and underwrite AI-related exposure, this is one of the first book-length treatments to work through whether established insurance law doctrine can actually absorb AI's opacity, automation, and systemic risk — or whether it needs to change. It belongs in any law, business, or insurance library building a forward-looking collection on AI regulation and emerging technology risk.

Keywords

AI insurance law, artificial intelligence regulation, insurance law reform, insurability of AI risk, AI liability insurance, UK Insurance Act 2015, insurtech regulation, algorithmic risk, emerging technology law, insurance disclosure law

Target Audience

insurance law practitioners, insurance regulators, underwriters and insurtech professionals, academic law libraries, risk management researchers

Genre

Insurance Law, Artificial Intelligence Law, Technology Regulation, Financial Services Law

Q&A

Can traditional insurance law handle risks created by artificial intelligence?
The book argues this is an open question. It tests core doctrines — insurability, causation, disclosure, and liability — against AI-specific features like model opacity and automated decision-making, and finds that some doctrines adapt more easily than others.

How does AI change the disclosure or "duty of utmost good faith" obligations in insurance?
The book devotes a full chapter to reassessing what counts as "knowledge" under the UK Insurance Act 2015 in an AI context, a question regulators and insurers in other jurisdictions are also grappling with, given English law's influence on international insurance market practice.

Does this book propose new insurance products for AI risk?
Yes. It discusses AI-specific liability insurance design and newer structural responses such as AI mutuals and AI public-private partnerships as ways insurers can respond where traditional doctrine falls short.

Who should read AI and the Evolution of Insurance Law?
It is written for insurance law practitioners, regulators, underwriters, and academics, as well as advanced students studying the intersection of technology regulation and insurance law.

Where can I buy AI and the Evolution of Insurance Law?
You can order this title directly from CLNZ Books with secure worldwide shipping, payment by credit card or PayPal, and institutional invoicing available on request.

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