Crosby Plans Insurance for Its AI Agents
The New York AI-native law firm says it will seek professional liability coverage for the AI agents that perform most of its contract review.
Updated on Nov. 7, 2026 in Artificial Intelligence
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Crosby, a New York-based AI-native law firm, announced in late July 2026 that it plans to secure professional liability insurance for its AI agents. Founder and CEO Ryan Daniels disclosed the plan on LinkedIn.
Why it matters
Insuring AI-produced legal work would test how professional accountability applies when software performs most of the review and licensed attorneys act as quality control. The move could also shape how insurers, regulators, and bar authorities define standards for AI in legal services.
Crosby's contract volume climbed from $30 million to $1 billion in under a year, handled by 45 to 60 licensed attorneys who review every AI output. The coverage terms, carrier, and policy limits have not been disclosed, and insurers have not publicly committed to underwriting the plan.
The players
Crosby
Crosby is a New York-based AI-native law firm that operates as a technology company and a licensed professional limited liability company.
Ryan Daniels
Ryan Daniels is the founder and CEO of Crosby, who announced the insurance plan on LinkedIn.
The details
Crosby runs as both a technology company and a licensed professional limited liability company, with AI agents handling most contract review while attorneys sign off on finished work. The firm already holds malpractice coverage and is now working with auditors, bar associations, state regulators, and insurers to build evaluation standards and policy terms for its AI agents.
Timeline
Spring 2026: Crosby raised a $60 million Series B at a valuation of roughly $400 million.
Mid-2026: Crosby's contract volume reached $1 billion.
Late July 2026: Crosby announced its plan to insure its AI agents.
The Tech Race
Crosby's plan extends traditional attorney malpractice coverage, which has long insured human lawyers' judgment, to cover errors generated by its AI agents. The move positions the firm ahead of conventional law practices as legal AI tools take on more of the core review work.
For clients of AI-driven legal services, insured AI work could mean clearer recourse if a contract review contains an error. The coverage terms and whether insurers will underwrite AI-generated legal output remain undisclosed.
The takeaway
Insurance for AI-produced legal work would force insurers, regulators, and bar authorities to define how accountability is measured when software does most of the review. Readers following AI in professional services should watch whether carriers agree to cover these policies and on what error-rate and audit terms.
Further reading
For more on how companies are putting AI tools to work in regulated fields, see Artificial Intelligence.
Source note: This article includes information reported by Crypto Briefing.
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