Key facts
- Tokio Marine Holdings will offer insurance for AI-powered robots starting next month.
- The global market for AI-enabled robots is projected to exceed $80 billion by 2035.
Tokio Marine Holdings is set to launch an insurance product for artificial intelligence-powered robots next month. This move anticipates significant growth in the global market for these machines, which is projected to surpass $80 billion by 2035. The premiums for this specialized insurance are expected to be 20% higher than those for conventional industrial robots.
