AI and Technology – Page 2
-
NewsSoft market imperative: addressing the London market’s data issue – Xceedance
Gavin Lillywhite explains why it’s time to stop talking and start acting to improve data quality and accessibility.
-
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.
-
NewsWhite and Gregory take senior roles in Verisk PCS leadership reshuffle
Verisk has unveiled a new leadership structure for its Property Claims Services (PCS) unit, aimed at deepening its engagement with the global re/insurance market and strengthening its capabilities across catastrophe risk lines.
-
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.
-
NewsSupply chain fragility reshapes risk strategies as cyber and geopolitical threats escalate
Businesses worldwide are reassessing supply chain risk management in light of growing digital and geopolitical threats, with insurance solutions struggling to keep pace, according to a new report from WTW.
-
NewsRe/insurer CFOs temper profit hopes amid low growth and geopolitical strain – Moody’s
European re/insurance leaders are rethinking profitability and capital deployment in 2025, according to Moody’s, as industry concerns shift to economic stagnation, competitive intensity and global instability.
-
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.
-
NewsHarnessing intelligent use of data to revolutionize claims processing
By properly harnessing data, insurers can supercharge efficiency, cut costs, and enhance the customer experience, writes Darren King, vice president, claims, EMEA & APAC, Xceedance.
-
NewsDWIC 2025: Industry leaders call for deeper investment in insurance talent
Dubai is becoming a magnet for international talent, but there is more to do, whether through professional development or the use of innovative technology, panellists emphasised at DWIC 2025.
-
NewsDWIC 2025: Cyber insurance gains traction in the GCC
As cyber threats intensify across the Gulf, businesses face a growing protection gap—with few insured against the true scale of risk. At DWIC, Zurich’s Peter Englund and Clyde & Co’s Olivia Darlington explored how regulation, rising incident costs and evolving insurance products are reshaping the region’s cyber risk landscape.
-
NewsDigital Transformation: A Middle Eastern Opportunity – Verisk
Verisk’s Tim Rayner spoke to GR on challenges of navigating technological changes in a complex marketplace, and opportunities in the UAE and Saudi Arabia.
-
NewsDavies promotes Patel to North American CEO
Insurance services firm Davies said technology was expanding its North American arm, focused on claims administration and risk management services.
-
NewsLatAm ends 2024 with 502 insurtechs, despite challenges – MAPFRE
Insurtech funding in LatAm reached $92m last year, down 38% on the previous year, but the second half also saw a 156% rebound compared with the first half of 2024.
-
NewsAI Act: Europe’s bid for trustworthy AI development and global leadership – Earnix
AI systems must be transparent, free from bias, and easily explainable, writes Robin Gilthorpe, CEO of Earnix.
-
NewsGearing up for AI: Best practices of data management – Xceedance
Brandon Nuttall, chief digital and AI officer at Xceedance, explains why data management is essential if insurance innovators want to supercharge their businesses.
-
NewsBattleground over soft skills: interview with Gracechurch’s Ben Bolton
People think there’s a battle being fought over technology, but the London market needs to be more responsive, and better at sales skills, according to Gracechurch Consulting’s founder.
-
NewsICEYE to add wind risks to flood and wildfire focus; satellite constellation reaches 40
Synthetic-aperture radar satellites complements other technologies used to assess natural catastrophe damage, and ICEYE plans to use its growing satellite constellation to prevent flood damage when possible, as well as detect it.
