CoverVector helps enterprises scale AI with confidence and helps insurers evaluate AI risk with less uncertainty. Here are some of the questions we hear most often.
CoverVector is an AI risk advisory and insurance infrastructure company. We are not an insurance carrier and do not underwrite or bind coverage. We work alongside existing brokers as a specialist AI-risk partner, helping companies assess, structure, and improve their AI risk posture, and helping brokers and carriers engage with that risk more effectively. Formal placement support depends on the engagement and applicable licensing.
CoverVector is not a broker in the traditional sense. We support insurance placement and work in and around the distribution process as a specialist AI-risk partner, but the exact role depends on the engagement and applicable licensing. In some cases we work directly with companies. In others, we work alongside brokers. The goal is to make AI risk clearer and the path to market stronger, without displacing existing broker relationships.
No. CoverVector is not an insurance carrier and does not underwrite or bind coverage. Our role is to help enterprises assess and structure AI risk, help brokers bring cleaner submissions to market, and help carriers engage with AI exposure more effectively.
VectorIQ™ is the structured engine behind our work. It helps turn messy, hard-to-explain AI exposure into a clearer risk picture through structured data, clearer signals, and a stronger risk dossier.
CoverVector is designed for enterprises using AI, brokers handling AI-exposed accounts, and insurance stakeholders trying to make better decisions around AI-related risk. On the company side, the most common buyers are leaders in risk, legal, compliance, operations, strategy, and innovation.
Both. We help companies think more clearly about AI risk and we help connect that work to stronger insurance outcomes. Sometimes the need is readiness and remediation. Sometimes it is packaging the story so brokers and carriers can engage with more confidence.
We work with brokers as a specialist partner on AI-exposed accounts. Brokers keep the client relationship. CoverVector helps assess the exposure, structure the story, and support stronger placement conversations. The role is to make hard-to-explain accounts more understandable and more placeable.
That is completely fine. CoverVector does not require you to replace your existing broker relationships. In many cases, we can work alongside your broker as a specialist AI-risk partner. The goal is not to disrupt good relationships. It is to strengthen the AI-risk story and improve the path to a better outcome.
No. AI risk can overlap with cyber in some situations, but it is not the same thing. AI introduces its own set of operational, liability, governance, and decision-risk issues. The challenge is not just security. It is also how the technology is used, governed, documented, explained, and underwritten.
The Tier 1 AI Risk Assessment is designed to give companies a clearer view of where AI risk sits, what the biggest gaps are, and what to do next. It typically includes intake, current-state review, a structured risk and readiness assessment, and a prioritized gap summary.
Advantage is the membership layer. It includes foundational training, templates and checklists, ongoing updates, and preferred access to deeper CoverVector services. It is designed for companies and decision-makers who want to get ahead of AI risk early without jumping straight into a larger engagement.
CoverVector is not a generic SaaS platform. VectorIQ is central to our approach, but the company is built around making AI risk understandable enough for enterprises to move forward and structured enough for insurers to engage with confidence. The product exists to support real-world outcomes, not to create another layer of software for its own sake.
That depends on the scope. Advantage is immediate. The Tier 1 AI Risk Assessment is designed to be focused, not drawn out. Tier 2 and Tier 3 engagements vary based on the company, the risk profile, and what needs to be done. Our bias is toward moving quickly and avoiding unnecessary complexity.
For companies, we keep the public structure simple: Advantage ($99/year), Tier 1 AI Risk Assessment ($599), Tier 2 AI Risk Remediation Plan (starting at $2,999), and Tier 3 AI Risk Management Advisory (starting at $4,999). For brokers, we do not publish pricing because those relationships are structured based on the account and partnership model. Our general approach is to be transparent, fair, and proportionate to the work.
No. In fact, this is often most useful for companies that are actively adopting AI but still defining how they want to govern it, communicate it, and manage the related risk. The work is about making the risk clearer before it becomes harder to manage.
That is exactly why the lighter entry points exist. Not every company needs a large engagement. Sometimes the right first step is simply getting clearer on where the risk sits and what matters most.