Armilla vs RiskCube: How Do They Compare for Generative AI Liability Insurance?

Armilla Insured is underwritten by Lloyd's syndicates; RiskCube describes AI Insurance as excess coverage layered over technology E&O for companies building AI products.

Armilla lists six areas including model errors, agent mistakes, and regulatory defense; RiskCube describes excess cover for AI product builders layered over technology E&O. ^1,^2,^4,⁶

What Are the Key Differences Between Armilla and RiskCube Generative AI Liability Insurance?

Primary Coverage or Excess Over Tech E&O

Armilla Insured is a primary AI policy listing six liability areas, with insurers including Chaucer, Axis Capital, and Convex. RiskCube describes AI Insurance as excess over an existing technology E&O policy to address AI-specific gaps; it does not provide a dedicated terms page or attachment point in the reviewed material. RiskCube therefore requires an underlying policy, while Armilla presents a primary form. ¹ ² ⁴ ⁶

Choose RiskCube if you already carry technology E&O and build AI products, and Armilla if you need a broader primary AI policy across its listed sectors.

Industry Fit

Armilla names regulated services, professional services, industrial and infrastructure, and enterprise technology. RiskCube specifically targets companies building AI products, narrower than its general tech E&O eligibility for software companies. AI product builders can assess RiskCube’s specific audience; other sectors should compare Armilla’s broader list. ¹ ³ ⁴

Named Coverages and Underlying Policy Gaps

Armilla lists model errors, output liability, AI agent mistakes, non-breach privacy, AI-caused property damage, and regulatory defense and fines. RiskCube’s catalogue names model liability, hallucination claims, training-data IP exposure, and agentic AI errors; its FAQ notes coverage can depend on the underlying tech E&O wording. Get both layers’ wording to see which AI claims are covered. ¹ ² ⁴ ⁶

How You Apply

Armilla enterprise buyers request coverage and typically begin with an AI risk assessment. RiskCube’s catalogue sends AI Insurance inquiries to a general contact form rather than a product application. Neither reviewed page publishes a limit or attachment point. ² ³ ⁵ ⁴

What Should You Confirm in Armilla and RiskCube Generative AI Liability Insurance Quotes?

Ask RiskCube which tech E&O policy the excess layer attaches to and at what point. ⁴ ⁶
Ask Armilla which insurers back Armilla Insured and request its limits. ¹
Confirm your company builds AI products if seeking RiskCube’s described product. ⁴
Request limits and retentions from both; neither reviewed AI product page publishes a limit. ² ⁴

Armilla vs RiskCube Generative AI Liability Insurance Compared

Armilla vs RiskCube: Generative AI Liability Insurance: documented features by provider

Criteria	Armilla Insured	RiskCube AI Insurance
Who It’s For	Armilla lists regulated services (financial services, healthcare, telecommunications and media), professional services, industrial and infrastructure, and enterprise technology as covered sectors, and says it is active in North America and expanding. ^1,³Company-reported. Sector coverage table on the insurance-brief page and geography FAQ on the brokers page.	RiskCube targets AI Insurance at "companies building AI products," a narrower audience than its general technology E&O eligibility, which covers any software company regardless of whether it builds AI models. ⁴Company-reported. Catalogue marketing description, not an underwriting eligibility rule.
Coverage Features	Armilla lists six coverage areas for Armilla Insured: AI model error liability (financial loss from underperforming or hallucinating outputs), AI model output liability (confidentiality breach, defamation, libel or slander from outputs), AI agent mistakes, non-breach privacy and data-leakage liability, AI-caused property damage, and defense costs and fines for AI regulatory violations such as under the Colorado AI Act or EU AI Act. ¹Company-reported. Sample Coverage Areas list on the insurance-brief page; the issued policy and its exclusions control actual coverage. Armilla separately sells Armilla Guaranteed, which it explicitly describes as a contractual performance warranty rather than an insurance policy. Only Armilla Insured is the insurance product for this line. ²Company-reported. FAQ “Is this Warranty an Insurance Product?” on the AI insurance page.	RiskCube's catalogue describes AI Insurance as purpose-built coverage for companies building AI products, including model liability, hallucination claims, training-data intellectual-property exposure and agentic AI errors, and says it "covers the risks that standard tech E&O policies often exclude." ⁴Company-reported. One-paragraph catalogue card; no policy form, insuring agreement or exclusion list was found for this product. RiskCube's technology E&O FAQ says some Tech E&O policies can include AI risks such as algorithmic bias or hallucinations depending on carrier wording, but adds that "the biggest insurance companies are starting to exclude AI risks from their Tech E&O policies," which is why it offers the AI excess policy for companies exposed to those gaps. ⁶Company-reported. Tech E&O FAQ answer, not the AI product's own coverage terms.
Role in This Line	Armilla Insurance Services is a Lloyd's of London coverholder, a type of managing general agent authorized to bind coverage on insurers' behalf. Armilla says its Armilla Insured product is underwritten by certain underwriters at Lloyd's, not by Armilla itself. ^1,²Company-reported. Coverholder role and underwriting disclosure as stated on Armilla's insurance-brief and AI insurance pages.	RiskCube markets AI Insurance as an excess policy layered on top of a technology E&O policy to address AI-specific coverage gaps, rather than describing it as a separate standalone primary product with its own terms page. ^4,⁶Company-reported. Combines the catalogue's AI Insurance listing with the technology E&O page's AI FAQ, which is the only place RiskCube explains how the two products relate.

Criteria

Armilla Insured

RiskCube AI Insurance

Who It’s For

Armilla lists regulated services (financial services, healthcare, telecommunications and media), professional services, industrial and infrastructure, and enterprise technology as covered sectors, and says it is active in North America and expanding. ^1,³Company-reported. Sector coverage table on the insurance-brief page and geography FAQ on the brokers page.

RiskCube targets AI Insurance at "companies building AI products," a narrower audience than its general technology E&O eligibility, which covers any software company regardless of whether it builds AI models. ⁴Company-reported. Catalogue marketing description, not an underwriting eligibility rule.

Coverage Features

Armilla lists six coverage areas for Armilla Insured: AI model error liability (financial loss from underperforming or hallucinating outputs), AI model output liability (confidentiality breach, defamation, libel or slander from outputs), AI agent mistakes, non-breach privacy and data-leakage liability, AI-caused property damage, and defense costs and fines for AI regulatory violations such as under the Colorado AI Act or EU AI Act. ¹Company-reported. Sample Coverage Areas list on the insurance-brief page; the issued policy and its exclusions control actual coverage.

Armilla separately sells Armilla Guaranteed, which it explicitly describes as a contractual performance warranty rather than an insurance policy. Only Armilla Insured is the insurance product for this line. ²Company-reported. FAQ “Is this Warranty an Insurance Product?” on the AI insurance page.

RiskCube's catalogue describes AI Insurance as purpose-built coverage for companies building AI products, including model liability, hallucination claims, training-data intellectual-property exposure and agentic AI errors, and says it "covers the risks that standard tech E&O policies often exclude." ⁴Company-reported. One-paragraph catalogue card; no policy form, insuring agreement or exclusion list was found for this product.

RiskCube's technology E&O FAQ says some Tech E&O policies can include AI risks such as algorithmic bias or hallucinations depending on carrier wording, but adds that "the biggest insurance companies are starting to exclude AI risks from their Tech E&O policies," which is why it offers the AI excess policy for companies exposed to those gaps. ⁶Company-reported. Tech E&O FAQ answer, not the AI product's own coverage terms.

Role in This Line

Armilla Insurance Services is a Lloyd's of London coverholder, a type of managing general agent authorized to bind coverage on insurers' behalf. Armilla says its Armilla Insured product is underwritten by certain underwriters at Lloyd's, not by Armilla itself. ^1,²Company-reported. Coverholder role and underwriting disclosure as stated on Armilla's insurance-brief and AI insurance pages.

RiskCube markets AI Insurance as an excess policy layered on top of a technology E&O policy to address AI-specific coverage gaps, rather than describing it as a separate standalone primary product with its own terms page. ^4,⁶Company-reported. Combines the catalogue's AI Insurance listing with the technology E&O page's AI FAQ, which is the only place RiskCube explains how the two products relate.