What Do Cyber Insurers Ask About AI Governance?

Cyber insurers increasingly include AI governance questions in renewal questionnaires. The five most common are: (1) "Do you have a formal AI use policy?" (2) "Do you maintain an inventory of AI tools with data access?" (3) "Have you assessed AI data exposure risks?" (4) "Do employees receive AI risk training?" (5) "Do you regularly review third-party AI permissions?" Businesses unable to answer yes with evidence face higher premiums, coverage gaps, or declined renewal.

The five questions — and what evidence satisfies each

1. "Do you have a formal AI use policy?"

Evidence: a written AI acceptable use policy covering approved tools, prohibited uses, and data handling rules. Digital employee acknowledgement adds credibility.

2. "Do you maintain an AI tools inventory?"

Evidence: a documented list of all AI tools with data access, risk classification, and governance status. Governably generates this automatically via OAuth audit.

3. "Have you assessed AI data exposure risks?"

Evidence: an AI risk register documenting each tool's data access, risk level, and mitigation controls.

4. "Do employees receive AI risk training?"

Evidence: records of policy briefings, acknowledgement signatures, and annual review completion.

5. "Do you regularly review AI permissions?"

Evidence: quarterly scan reports showing ongoing monitoring. Governably's automated daily scans provide continuous evidence.

Are insurers really asking about AI?

Yes. Since 2025, AI governance questions appear in an increasing number of UK cyber insurance renewal questionnaires.

What evidence satisfies insurers?

An AI tool inventory, a documented acceptable use policy, a named governance owner, and a compliance report.

Will it affect my premium?

Increasingly, yes. Businesses with documented governance may see more favourable terms.

How quickly can I prepare?

With Governably, you can generate insurer-ready documentation within 30 minutes of your first scan.