---
title: "Armilla AI"
slug: "armilla-ai"
status: "active"
last_checked: "2026-07-05"
categories:
  - "insurance"
---

# Armilla AI

Armilla is a Lloyd's coverholder that underwrites liability insurance and performance warranties for AI systems, including AI agent errors and underperformance.

- Status: active
- URL: https://www.armilla.ai/
- Last checked: 2026-07-05
- Freshness: 1 days
- Founded: not published
- Funding: Raised a $4.5 million seed round led by Mistral, bringing total funding to $7 million.

- Aliases: Armilla Assurance
## Offerings

### Insurance

- Offering status: live
- What you get: A standalone AI liability policy covering financial damages and legal defense costs from AI underperformance, including AI agent mistakes such as incorrect decisions and failure to escalate, up to 25 million dollars per insured.
- Acquisition: sales_led
- Geographies: not published
- Pricing: not published
- Pricing URL: not published
- API: not published
- SDK: not published
- MCP: not published
- Standards: not published

| Field | Value |
| --- | --- |
| coverage_type | AI liability insurance covering model errors, hallucinations, data drift, harmful outputs, agent decision-making failures, privacy incidents, regulatory investigation costs, and third-party property damage caused by automated systems |
| insured_party | operator |
| limits | Up to 25 million dollars per insured |
| carrier_backing | Underwritten at Lloyd's of London by Chaucer, AXIS Capital, and Convex; Armilla operates as a Lloyd's coverholder |
| notable_exclusions | not published |

### Insurance

- Offering status: live
- What you get: A performance warranty (Armilla Guaranteed) that compensates a buyer if a vendor's AI system fails to meet agreed, independently verified performance thresholds.
- Acquisition: sales_led
- Geographies: not published
- Pricing: not published
- Pricing URL: not published
- API: not published
- SDK: not published
- MCP: not published
- Standards: not published

| Field | Value |
| --- | --- |
| coverage_type | Performance warranty tied to independently verified AI system KPIs, refunding license fees if thresholds are not met |
| insured_party | operator |
| limits | not published |
| carrier_backing | Backed by Chaucer Group, Greenlight Re, and Swiss Re |
| notable_exclusions | not published |

## Sources

- https://www.armilla.ai/
- https://www.armilla.ai/ai-insurance
- https://beinsure.com/news/armilla-ai-expands-standalone-ai-liability-cover-to-25m/
- https://techcrunch.com/2024/02/15/armilla-wants-to-give-companies-a-warranty-for-ai/
- https://www.armilla.ai/resources/armilla-assurance-launches-armilla-guaranteed-tm-warranty-coverage-for-ai-products-in-partnership-with-leading-insurance-companies