The Risk of AI Adoption
Operational Disruption
When AI tools fail or produce incorrect outputs, your business operations can grind to a halt, causing revenue loss and customer dissatisfaction.
Compliance & Regulatory Risks
Regulated industries like finance face strict regulations. AI errors can lead to compliance violations, fines, and legal action.
What We Cover
Comprehensive protection for AI-driven operations
Operational Losses
Warranty protection for business interruption and revenue loss from AI system failures
- Downtime when AI tools malfunction or produce errors
- Lost revenue from AI-driven process failures
- Costs to restore operations and retrain systems
Compliance & Regulatory
Protection for regulatory fines and legal defence for AI-related compliance issues
- GDPR violations in AI applications processing personal data
- Financial services regulatory violations (FCA, PRA)
- UK GDPR and data privacy compliance issues
Third-Party Claims
Warranty protection when AI errors affect customers, partners, or other third parties
- Customer claims from incorrect AI-generated outputs
- Partner disputes from AI-driven decision errors
- Reputational damage from AI failures
Industries We Serve
Financial Services
Fraud detection, algorithmic trading, credit scoring, and risk assessment
Manufacturing
Predictive maintenance, quality control, and supply chain optimisation
Retail & E-commerce
Recommendation engines, inventory management, and customer service chatbots
Legal & Professional
Document review, contract analysis, and legal research AI tools
Other Industries
Any business using AI tools for operations, decision-making, or customer service
Why Choose OakCover?
Industry-Specific Expertise
We understand the unique compliance requirements and risks in finance and other regulated industries using AI.
Proactive Risk Management
Our platform provides real-time monitoring and actionable recommendations to help you identify and mitigate risks before they become claims.
Fast Claims Process
When AI issues occur, we understand the urgency. Our streamlined claims process helps you get back to business quickly.