AI and Technology – Page 2
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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
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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
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NewsCyber attacks cost Europe €300bn in five years, warns Howden
Report highlights protection gap and calls for greater cyber insurance adoption, broking firm Howden warns
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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
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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.
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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
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NewsAon study tracks $2trn in premiums to identify top growth performers
Research highlights strategies behind a decade of outperformance and offers five imperatives for insurers
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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
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
