All AI articles – Page 2
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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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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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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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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: 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.
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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.
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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.
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NewsClimate, technology and geopolitics lead 2025 risks – Beazley CEO
Three overarching key risk areas emerged from Beazley’s ‘Risk & Resilience Predictions for 2025’, the re/insurer’s CEO, Adrian Cox revealed.
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NewsZywave: How AI is changing the insurance industry’s reputation
Artificial Intelligence has the potential to benefit both insurance professionals and consumers, says Doug Marquis, chief technology officer at Zywave.
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NewsTwo-thirds of insurers plan to implement AI predictive models within two years – Earnix
The technology firm surveyed more than 400 global insurance executives to uncover technology and artificial intelligence (AI) trends, revealing that replacing legacy systems remains a significant challenge.
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NewsSaudi Vision 2030 & GHE 2024: where the tech revolution and health re/insurance meet
Editor of GR, David Benyon, reflects on health technology trends for re/insuring the sector, from a recent trip to Saudi Arabia, attending GHE 2024.
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NewsAI and insurance: ‘The Hare and the Tortoise’ – Earnix CEO interview
The insurance industry is renowned for its conservatism; AI on the other hand, is talked of in revolutionary terms; where and how will the two meet?
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NewsAI adoption in the insurance sector: views may differ – Earnix
Many people are still getting their heads around what artificial intelligence means. Perceptions of it vary considerably, for a technology based on data and certainty, with plenty of uncertainty about how its insurance industry rollout should proceed, Aaron Wright, director of Strategy, Earnix, tells GR.
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NewsCyber insurance gap amid rising AI threats – Aon
An EMEA survey underpins a new cyber report from the broker, showing insurance is in place to cover less than a fifth of corporate information assets.
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NewsHurricane damage – wind or flood and why it matters
Matthew Patience, senior client solutions manager at McKenzie Intelligence Services, writes that actionable insights are now available into insurers’ total exposure from both perils at a portfolio, policy, and property-level view, within hours and days of an event taking place.
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NewsBishop appointed Aspen’s chief data and analytics officer
Expansion of technology role following AI work and recently launched data labs.
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