Artificial Intelligence – Page 12
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NewsCarbon insurance is in ‘startup phase’ – CFC
Equally, AI risks are often ’implicitly’ covered within E&O policies – however, more ’exclusionary’ terms could be on the cards if the technology goes wrong, says innovation manager
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News AnalysisIn Focus: How can cyber insurance adapt to address risks across other lines of business?
With the rise of sophisticated cyber threats infiltrating a myriad of insurance classes, how can cyber insurance adapt to effectively address risks across various lines of business?
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NewsInstanda scoops expert as interim chief AI officer
’His appointment gives us all an opportunity to benefit from his wealth of experience,’ says chief executive
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NewsMcLarens reports 300% rise in suspected fake document use in Q1 2023
’Fakes are becoming more sophisticated and easier to come by,’ says head of investigation
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NewsRegsearch rebrands AI proposition
The new name ’conveys the role of AI in risk and regulatory compliance tasks, tying directly to the Regsearch brand and enhancing our recognition and authority in the industry,’ says chief executive
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NewsCytora inks partnership with AI due diligence firm
’This collaboration strengthens our ongoing efforts to provide insurers with the most advanced solutions,’ says chief operating officer
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NewsHiscox goes live with AI proposition for brokers
’We can deliver tangible benefits for customers, while freeing up our underwriters from manual tasks,’ says chief executive
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NewsInzura chief executive steps down to head up new cyber insurtech
The appointee felt ’it was time to focus on a specific area in cyber insurance that was being left behind’
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News AnalysisIndustry grapples with ‘scalability challenge’ around generative AI
While many insurers and brokers are dipping their toes into the waters of generative artificial intelligence, the line between experimentation and successfully scaled use cases is blurred
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NewsGlobal insurtech funding surges in Q2 2024 – Gallagher Re
’This year’s emphasis on AI will assist businesses in navigating the challenging process of comprehending the fundamentals of AI,’ says global head of insurtech
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NewsCII teams up with training provider to help plug data skills gap
’If you want to be part of the future, lets teach skills to combine technology and thought processes,’ says chief executive
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NewsBlueprint 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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NewsRecorder 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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NewsPancentric 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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NewsMarkel 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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NewsCytora 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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NewsBroker 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 AnalysisBriefing: 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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NewsAviva 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 AnalysisLabour’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
