‘With this new requirement to disclose and be transparent around AI, there’s enhanced risks and so we want to help brokers and clients address that risk through this regulatory coverage,’ says chief revenue officer
Reinsurers are increasingly looking to AI to improve workflows and data quality as softening market conditions raise the importance of operational efficiency, says chief executive
‘We could have a system in place where in the run up to renewal, the insurer cross-references or does an AI check on if the property has had any planning permission applications’ says director
’Being the first pet insurance provider to launch a pet insurance app on ChatGPT reflects our role shaping the pet insurance of tomorrow and our pledge to make caring for pets easier,’ says chief executive
’Our members are telling us they want to understand how they can harness the opportunities presented by AI while managing the risks,’ says chief executive
After spending two years building AI-powered insurance software firm Parasol Platforms, the founder concluded the best way to demonstrate his vision for true transformation was to launch his own MGA and prove the model works
‘We’ve developed an intelligent solution that identifies musculoskeletal risks earlier,’ says director
‘Securing £50m of capacity and underwriting authority is an important milestone,’ says chief executive
Although believing that artificial intelligence is ‘an insurable exposure’, explicit coverage is still hard to find as use cases around the technology continue to evolve and differ vastly between businesses, says underwriting director
’We’ve already proven the use case with a recent personal injury claim resolved in just 24 hours,’ says managing director
Mike Dalby, chief executive at Howden’s consumer division, suggests that those receiving their results should look to insurance as a fulfilling career
From humanoid surveyors to autonomous repair fleets, James York says emerging robotics technology could transform how insurers manage, mitigate and respond to risk
UKGI chief executive acknowledges that AI is ‘changing our business’, with staff headcount just one of many considerations the insurer is working through as part of its ongoing AI adoption
‘Insurers should not have to replace the systems their underwriters already use to get value from AI,’ says head of partnerships