Master Class

How AI Impacts Cyber Risk

  • When Tuesday 24 November 2026, 16:00 GMT
  • Where Online
Daniel Woods Head of Emerging Risks, Coalition Guy Simkin Host, CEO, Cyber Insurance Academy

About this event

AI is changing how attacks are carried out. Is it changing what insurers pay out for? Coalition went to its own claims data to find out, across anonymised claims from more than 110,000 policyholders worldwide. This masterclass walks through the findings of Coalition’s report, How AI Impacts Cyber Risk, with the researcher who leads emerging risk work there.

The picture so far is not the one the headlines suggest. Claims are broadly stable, and there is no sign yet of elevated losses from agentic AI. Business email compromise is the exception: those claims rose by around 30% in late 2025 and have kept climbing, which Coalition reads as attackers already using AI to automate the fraud. Ransomware has not moved the same way, and deepfake fraud, while growing, still rarely does real damage to a business.

Daniel Woods explains why AI risk tends to stay flat and then climb sharply once attackers find a business model that pays, where that is starting to happen, and what it means in practice: how to underwrite to the risk, and how to advise clients on it.

The session runs for 60 minutes: 45 minutes on the findings, then 15 minutes of live Q&A hosted by Guy Simkin, CEO of Cyber Insurance Academy. It is built for brokers, underwriters and claims professionals, and for the security leaders who buy cyber cover.

This masterclass is based on a Coalition report and presented by Coalition. It is an educational session, not a product presentation.

What you will leave able to do

  • Explain what Coalition's claims data shows about AI and cyber losses today
  • Understand why business email compromise is rising and ransomware is not
  • Recognise the signals that AI-driven losses are about to escalate
  • Apply the report's recommendations when underwriting or advising clients

Speakers

Daniel Woods

Head of Emerging Risks, Coalition

Daniel Woods leads emerging risk work at Coalition, the cyber insurer, where he focuses on cyber insurance coverage and underwriting innovation. He is also a lecturer in cyber security at the University of Edinburgh. His research covers the economics of cyber security and privacy, with a focus on cyber insurance, risk quantification, incident response and cyber security law. He holds a PhD from the University of Oxford, where his thesis was on the economics of cyber risk transfer.

Guy Simkin

Host, CEO, Cyber Insurance Academy

Guy introduces the session and runs the live Q&A, putting the audience's questions to Daniel.

Skip to content
Cyber Insurance Academy
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.