Artificial Intelligence Underwriting Company raises $55M to audit and insure frontier AI models
Rune Kvist says the company has audited and insured Cursor, ElevenLabs, Lovable and Harvey. He argues that insurers’ need to price risk can make AI audits more trustworthy.
TLDR
Rune Kvist announced on September 16, 2026, that the Artificial Intelligence Underwriting Company had raised $55 million to audit and insure frontier AI models. He argues that insurers have a financial incentive to choose auditors who price risk accurately, contrasting that approach with labs picking their own auditors. He says scaling audits will require reliable agents to surface evidence for human review. A separate comment welcomed the effort to turn catastrophic AI risks into price signals, but cautioned that it remains unclear whether that translation can work.
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