6+ day, 2+ hour ago  (303+ words) "The cyber challenge faced by any business, insurers or their policyholders, is in balancing performance and user experience with security," the report states. "You could build a completely secure system, if it was completely walled off from any human or…...

1+ week, 4+ hour ago  (197+ words) AI is cited as a top disruptor across the board by the over 100 insurance industry leaders surveyed by Digital Insurance. Fifty-two percent of executives surveyed also cited generative AI as the biggest disruptor. Twenty-four percent cited agentic AI and 32% cited…...

2+ week, 1+ day ago  (551+ words) The insurance industry has no shortage of AI ambition. Carriers are piloting generative AI in underwriting, deploying machine learning for fraud detection, and experimenting with AI-assisted claims processing. The pitch decks are compelling, and the ROI projections look great. But,…...

2+ week, 3+ day ago  (652+ words) Editor's Note: This is part two of a two-part series examining the challenges insurers face and the impact of AI as it is incorporated across their operations. Part 1 explored data sources, who's using the information and its value to carriers....

2+ week, 3+ day ago  (533+ words) In this Q&A, Ryan Bank, global managing director at Vexcel, discusses how AI is changing the use of images, how it amplifies certain aspects of imagery, its use in underwriting and claims, and the possible risks associated with the…...

4+ week, 1+ day ago  (223+ words) Markel International, a division of Markel Insurance, announced the launch of its AI Centre of Enablement and the appointment of Maureen Tomlinson as head of AI." The AI Centre of Enablement (Co E) will work to accelerate responsible AI adoption across…...

1+ mon, 6+ day ago  (589+ words) Editor's Note: This is the second installment of a two-part series examining how the conflict in Iran is changing global cybersecurity risks for insurers and their clients. During a conflict, threat actors focus on areas that have strategic value, will…...

1+ mon, 1+ week ago  (358+ words) Editor's Note: This is part one of a two-part series examining how the Iranian conflict could affect cybersecurity risks for insurers and their clients. The war in Iran is impacting a range of industries such as banking, insurance, transportation, telecommunications…...

1+ mon, 1+ week ago  (215+ words) AI deployments in the insurance industry jumped 87% year-over-year, according to new research from Evident, an intelligence platform that tracks and analyzes AI adoption in the financial services sector. Evident attributes a significant portion of this growth to the use of…...

1+ mon, 1+ week ago  (677+ words) As a lifelong technologist, I see a different horizon. The true potential of artificial intelligence in insurance does not lie in the automation of the relationship, but in the'amplification'of it. AI should not be viewed as a replacement for the…...