Artificial Intelligence
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News
Blueprint Two’s ‘continual slippage’ in delivery raises market concerns
’The delayed progress is down to an underestimation of the scale of the project by market participants themselves,’ says chief executive
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News
Recorder aims to give brokers ‘competitive edge’ with AI platform
Brokers should not restrict themselves to collaborating with just one tech provider – insurtech chief commercial officer says its ability to ‘play nicely’ with other software firms can benefit brokers
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News
Pancentric Digital initiative to boost MGA digital transformation
’It’s not about eliminating spreadsheets but rather working with familiar tools to facilitate ease of use,’ says founder and director
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News
Markel inks deal as it looks to strengthen underwriting processes
’Technology transformation is at the forefront of our strategic ambitions at Markel,’ says international chief operations officer
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News
Cytora inks deal to help insurers with commercial property risk assessment
’This integration will enable insurers to perform more accurate risk evaluations,’ says chief operations officer
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News
Broker network secures new member
’We’re delighted to be supporting Brokerbiity members and their clients with our groundbreaking technology,’ says sales director
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News Analysis
Briefing: Addressing the insurance technology skills gap bottleneck after Girls in Tech bids farewell
’While the recent closures are a shame, it might also provide our industry and other sectors the opportunity to rethink how we work together to bring women together,’ says chief evangelist
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News
Aviva enhances broker service as exposure management capabilities expanded
’The use of new technology has transformed our exposure management capabilities,’ says chief underwriting officer
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News Analysis
Labour’s AI strategy – and its potential impact on insurance
’The balance between fostering responsible AI development and hindering innovation is critical’ when it comes to new regulation, says chief technology officer
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News
ABI and Insurtech UK agree MoU to ‘connect the dots’ between ‘best of technology’
‘Innovation and harnessing the best of technology is crucial to maintaining our sector’s competitive edge,’ says director general
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News
Industry has ‘optimistic’ timelines for AI implementation – Oxbow Partners
There is still ’an enormous amount of work to do’ around introducing generative AI, says group chief underwriting officer
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News
Revealed: Tech and Innovation Awards finalists 2024
The finalist shortlist for Insurance Times’ Tech and Innovation Awards 2024 is in, have you made the cut?
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IT Interview
Tara Foley: Axa UK and Ireland strives to be the ‘go-to place for talent in the industry’
Alongside a focus on organic growth and technology, the insurer’s medium-term strategy sees it bid to become a ‘destination workplace’
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News
Generative AI not a ‘black box’ solution – First Central
’It can do something as simple as algorithmic [underwriting], but it doesn’t reduce that complexity of risks,’ says data analytics lead
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News
Insurers unprepared to embrace generative AI – Oxbow Partners
’We believe executives should think big, even if they are not ready to make the leap,’ says partner
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News Analysis
TechTalk: Brain drain hits claims sector – but will AI hamper the hiring of new talent?
With artificial intelligence doing tasks typically assigned to entry level starters, how is this impacting career routes and talent in claims? Insurance Times explores the issue…
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News
AI can streamline insurance broker workflows – Ignite
AI ’requires some creative thinking and, more importantly, some practical application to make it useful,’ says managing director
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News
AI supplemented underwriters set to replace traditional counterparts
’The focus of the debate on whether AI will replace underwriters should shift toward adapting with AI, instead of fearing job displacement,’ says project manager
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News Analysis
Data is the key for driving autonomous vehicle launch on UK roads
Industry commentators agree that there are still a number of question marks to be addressed before the insurance of self-driving cars can become a reality
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News
AI is a colleague, not a replacement – Aviva
’It is about sweating our assets – how can GAI get them to underwrite better and faster,’ says chief operating officer