Artificial Intelligence
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News
PeppercornAI raises more than £3m to develop AI platform
’Technology, specifically AI, has the potential to completely change the way consumers buy and manage their insurance policies,’ says chief executive
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News
‘More clarity’ needed from regulators over AI
’Companies are willing to put investment in again and there are exciting developments on the horizon for AI,’ says deputy chief executive
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News
More than 100 insurance startups actively deploying AI
’Industry leaders and stakeholders can leverage this innovation intelligence strategically,’ says practice head
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News
FCA to explore big tech opportunities for insurance industry
’Big tech’s growing emergence in financial services has already made life easier for consumers,’ says chief executive
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News
Regsearch plots UK launch following AI partnership
’Our goal was to build a mainstream regulatory compliance solution that millions of people could use,’ says founder and chief executive
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News
Organisational barriers hampering insurance customer service – Capgemini
‘Embracing AI-driven insights and automation is crucial for the industry to drive a competitive path towards underwriting profitability that adapts to evolving risk dynamics,’ says global leader
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News
New commercial broker software platform set to be unveiled at Biba
’Our platform not only alleviates the administrative burden on brokers, but also improves the underwriting process,’ says chief commercial officer
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Sponsored Content
The continued rise of AI – Carpenters Group
Kevin Perkins, technical lead and operations manager at Carpenters Group, considers the impact of artificial intelligence on insurance fraud
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News Analysis
The double-edged sword of data science
Although data science has been a huge help to the insurance industry, it brings its own risks too and insurers must ‘understand the risks rather than go in blindly’, according to data science lead
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News
Insurers still looking at data in ‘monolithic way’
’If you have data science in your business and start to get under the skin of that, you can make big changes to your underwriting result,’ says chief executive
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News
Cyber insurance is ‘inaccessible’ for SMEs
Asking SMEs to buy cyber insurance is ’like asking them to voluntarily buy a culture change’, says cyber chief executive
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News
Lloyd’s Lab unveils America-focused cohort 12
’The lab’s recent success with region specific themes further validates the work of the lab,’ says senior manager
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News
Zurich platform update compliant with EU AI regulation
The insurer has approximately 800 external users on its platform
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News
High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week
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News Analysis
The Big Question: How does the increasing integration of data analytics in insurance impact the war for talent?
AI and advanced data analytics are already making waves in the insurance sector. Insurance Times interviews five industry experts to delve into their perspectives on the significance of this technological transformation for the industry.
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News
Generative AI can make embedded insurance ‘more productive’ – Ericson Chan
’The future is going to get a lot faster and more productive in an exponential way,’ says group chief information and digital officer
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News Analysis
UK has ‘right approach’ to AI versus EU’s legislation
’The real risks are with the use of AI, not with the technology itself,’ says chief executive
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News Analysis
Briefing: AI must be used intelligently to augment people-based insurance sector
It is imperative to embrace the opportunities AI can offer in terms of back office functionality, but insurance professionals shouldn’t fear for their jobs just yet
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News
Zurich ‘well-positioned’ with launch of updated AI platform
’AI brings tremendous opportunities to improve the ways we work,’ says chief information and digital officer
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Insurers told to ‘really know how to use’ AI amid hallucination and transparency risks
’You have to know its limitations and risks,’ says knowledge lawyer