AI AND INSURTECH
-
NewsCapital optimisation in a softening insurance market: unlocking the potential of data – Xceedance
Capital optimisation is the key to re/insurers facing mounting pressure to maintain profitability and competitiveness, writes Gavin Lillywhite, operating leader, UK, Ireland and Europe at Xceedance
-
NewsPolicybazaar: From paperwork to platforms – breaking bottlenecks in global reinsurance
Reinsurers are pricing risk by looking in the rearview mirror, causing inefficiencies in capital allocation, conservative underwriting, and a system that is reactive rather than proactive, writes Sarbvir Singh, joint group CEO of PB Fintech.
-
NewsOptalitix: How technology is shifting the future of reinsurance risk pricing
Dani Katz, founding director of Optalitix, explores how actuaries and pricing teams can modernise their approach to risk pricing, updating established frameworks with new data-driven tools that bring precision, transparency, and scalability to insurance decision-making
-
NewsThe next phase of AI and digital integration
From AI-driven pricing to interoperability hubs, insurtech professionals at RVS 2025 told GR that the industry has reached a pivot point for meaningful digital transformation, with only 10% of insurers so far claiming to embed AI into workflows.
-
NewsRansomware attacks forecast to surge 40% by 2026, QBE warns
Report from cyber insurer QBE and Control Risks links rise in cybercrime to rapid AI adoption and cloud vulnerabilities
-
NewsBlueprint Two delay to boost in-house tech innovation
Firms now have ’the room and scope to invest in their own problems that actually matter to them and not just the market initiative’, says tech company president
-
NewsSynthetik hires Harris as global head of partnerships and distribution
Manmade and natural catastrophe data and analytics firm Synthetik brings in Argo and AIG veteran to support international growth of modelling platform
-
NewsUncertainty caused by unclear data adding up to 10% on cedents’ premiums
Lack of ‘solid data’ to underpin artificial intelligence tools in the reinsurance industry is ‘akin to building a house on very shaky foundations’, Supercede adds
-
NewsVerisk: Industry leaders warn on volatility, resilience, and a need for shared data standards
Executives from Lloyd’s, Aviva and Verisk used the Verisk Insurance Conference 2025 in London to deliver a shared message: insurance must brace for more volatility, adapt to rapid technological shifts, and adopt common standards to keep pace with the risks facing clients.
-
NewsFrequency perils lead cat surge to $152bn expected insured annual cost – Verisk
A report from insurtech and catastrophe risk modeller Verisk highlights the strain on insurers as severe thunderstorms, wildfires and floods drive sustained losses, with exposure growth and climate change adding further pressure
-
NewsA call for pragmatic digital transformation in the London market – Ebix Europe
GRLC standards are just the start, writes Jeff Ward, sales director, Ebix Europe, on what a future digital London market might look like
-
NewsGallagher Re: Global insurtech funding surpasses $60bn milestone
Quarter of total investment linked to AI-focused companies, as Q2 report highlights shifting dynamics across L&H and P&C sectors
-
NewsAlta Signa: AI, DORA and the Data Dilemma - Why Europe’s Cyber Insurance Market Can’t Afford Complacency
By Ingo Trede, European head of technical underwriting, and Audrey Louche, cyber underwriter, Alta Signa.
-
NewsAI model predicts Lloyd’s syndicate performance in new HRP-ICMR white paper
A paper, and an AI model for predicting Lloyd’s carriers’ performance, applied concepts inspired by sports analytics, with underwriting returns heavily influenced by cyclical swings.
-
NewsInsurers embrace AI for data ingestion, but lack of strategy risks slowing progress, hyperexponential warns
Shadow AI is on the rise among insurance employees, a study warns, with 90% of respondents reporting they use AI tools not formally introduced by their employer.
-
NewsEurope’s MGA market rises as tech-driven growth channel, says Howden Re
European managing general agents (MGAs) are emerging as a high-growth, technology-enabled force in the global insurance distribution landscape, according to a new report by reinsurance broker Howden Re.
-
NewsSRCC losses could top $20bn in Lloyd’s US quake scenario, Synthetik Modelling warns
A new modelling analysis of a Lloyd’s extreme disaster scenario has revealed potential insured losses from follow-on civil unrest could exceed $20bn, with mid-sized cities and overlooked exposures posing unexpected threats to re/insurers.
-
NewsCyber now the top reputational risk for global firms, WTW report finds
Corporate risk strategists increasingly view reputation as a tangible financial risk, as new WTW survey shows cyber-attacks overtaking ESG as the leading concern.
-
NewsOpen-Source Risk Modelling: Unlocking Global Access to Resilience
Open modelling is about more than individual loss events, it’s about global capacity building and risk understanding, writes Dickie Whitaker, CEO, Oasis Loss Modelling Framework.
-
NewsMcGavick joins mea board as chairman and strategic advisor
Re/insurance industry veteran leader and former XL chief executive to support AI platform’s insurance market growth push.
