Mayflower and Hadron launch AI liability insurance program

MGA Mayflower Specialty and Hadron Insurance have launched an AI liability product.

The program, issued by Hadron and underwritten by Mayflower, provides coverage across directors and officers (D&O), employment practices liability (EPL), and errors and omissions (E&O) for companies deploying AI.

The product is designed to address gaps in traditional insurance policies, many of which were written before widespread enterprise adoption of AI and either remain silent on AI-related risks or exclude them altogether. Coverage includes affirmative grants for management liability, employment practices, and professional liability arising from AI deployment, alongside a difference-in-conditions and excess layer that can drop down where existing policies are silent, sub-limited, or exclusionary.

The program is backed by institutional reinsurance partners, with placement structured by Aon Reinsurance Solutions.

Hadron, launched in 2023, operates specialty insurance carriers in the US and UK and is backed by more than $250 million in committed capital from Altamont Capital Partners and other institutional investors.