London positions as global AI insurance hub, Lloyd's market leads

London is leveraging its Lloyd's market and concentration of capital, insurers, and advisors to become the global hub for AI insurance. Several firms (CFC, Chaucer, Armilla, Beazley, Testudo) already offer explicit AI coverages, signaling a nascent but growing market. The move could attract underwriting talent and capital, but the market is still small and unproven.