Artificial Intelligence – Page 2
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News
WTW launches new AI-driven monitoring tool for insurers
’We built the tool specifically for insurers and we believe it represents the next milestone in insurance analytics and insurance business management,’ says global proposition leader
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News Analysis
TechTalk: Insurance fraud and the AI arms race
’Those insurers that don’t invest or haven’t invested in this sort of technology will be left behind, if they haven’t been already,’ says head of claims counter fraud
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News
Insurers slow to adopt AI despite seeing benefits – RDT
’AI’s potential to transform claims management is undeniable, but turning potential into reality requires clear investment strategies,’ says deputy chief executive
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IT Interview
Gareth Hemming: Hiscox carrying ‘positive momentum’ on broker sentiment into 2025
’We’re clear on where we want to go in terms of strategy and growth, but we’re going to do it in a way that’s informed by broker feedback and input,’ says specialist insurer’s head of distribution
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News
Lack of expertise hindering AI adoption in insurance – GlobalData
’The insurance industry recognises AI’s potential, but the lack of in-house expertise remains a significant hurdle,’ says associate insurance analyst
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News Analysis
In Focus: How should UKGI underwrite emerging technologies like VR gaming and advanced robotics?
According to TechUK, more than 400,000 articles about artificial intelligence were published in UK media across 2023 – but how is the insurance sector seeking to underwrite uncharted tech tools such as robotics and virtual reality worlds?
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News
Insurtech launches agentic AI risk assessment tool
’With agentic risk digitisation, we have substantially increased the capability of our platform to digitise the highest complexity transactions,’ says chief operating officer
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News
Xceedance named MGAA gold sponsor for 2025
’We have an exciting opportunity to further the growth and professionalism of the market,’ says chief executive
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News
AI tops UK insurance risk index for 2025
’Being utterly nimble and embracing the change AI will bring is the only survival option,’ says global head of cyber and data
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News
Industry urged to be ‘adaptable’ as 2025 set to be ‘year of AI’
’We are likely to need to re-evaluate what we are doing and how we do it in the face of AI,’ says chief executive
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Sponsored Content
AI as a catalyst for smarter underwriting and insurance innovation – RSA
Sponsored content: Sally NG, RSA’s change and technology delivery director, explores how the insurer is leveraging automation and AI powered data ingestion to streamline underwriting, increase efficiency and speed to brokers
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News Analysis
Briefing: Insurers facing another fight to be heard as UK government launches AI campaign
Although embracing artificial intelligence is viewed as a necessity by the insurance market, the government’s intentions to accelerate adoption and usage has the industry feeling nervous
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News Analysis
TechTalk: Is the cyber insurance world prepared for quantum computing?
’This is an incredibly complex area and the industry is going to have to spend a lot of time and energy to properly understand the risk factor that quantum may pose to business operations and security – and thus the impact on cyber insurance,’ says global head of cyber
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Sponsored Content
UK and Ireland ride wave of medtech and life sciences growth – Travelers
Sponsored content: Craig Mounser, practice leader for medical technology and life sciences at Travelers Europe, explains the sector’s opportunities and risks and shares how Travelers is meeting evolving demands
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News
Global law firm announces 2025 competition for insurtech startups
Applicants who are selected as finalists will compete for a £50,000 prize
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News Analysis
James Kruger: Industry must develop a sense of adventure as client demands increase
Capgemini’s UK head of insurance divulges his firm’s top insurance trends for 2025
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News
Insurtech joins Managing General Agents’ Association
’Joining the MGAA aligns with our commitment to the MGA market,’ says chief executive
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News
MLP launches new fraud prediction model for personal lines market
’Identifying potential fraud at quote stage could potentially save the industry millions of pounds,’ says chief executive
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Sponsored Content
Demystifying machine learning – Open GI
Damian Baxter, chief executive at Machine Learning Programs (MLP) – part of software company Open GI – breaks down what UKGI needs to know about artificial intelligence and machine learning
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News
Google urges insurers to tap YouTube for better customer connections
’Insurers and price comparison businesses are able to tell their stories with creative freedom with a multiformat approach,’ says managing director of financial services