Despite structural barriers, insurance sector embraces AI, says AM Best survey
As per AM Best, insurers continue to view system vulnerabilities and data quality issues as key challenges for AI adoption...
Category : Insurance
Start-up of the Week: Through tailored products, Corgi powers new businesses
AI-Native Corgi, established in 2024, offers coverage for general liability, cyber liability, tech and AI liability for start-ups...
Bermuda-based insurer Axis Capital reports strong Q1 growth
Axis Capital has continued returning capital to shareholders through buybacks, apart from investing in technology and operational improvements...
SRL study indicates strong 2025 performance by Lloyd’s syndicates
According to SRL, the primary fixed-income portfolios of syndicates have benefited from relatively high-interest-rate yields...
Surplus lines market faces rising regulatory pressure
Surplus lines market leaders gathered in California to discuss regulatory pressure, AI underwriting challenges and the growing need for coordinated compliance oversight...
UnitedHealth raises profit forecast, to spend USD 1.5 billion on AI
UnitedHealth expects 2026 adjusted profit to be more than USD 18.25 per share, an increase of 50 cents from its prior forecast....
Liberty Mutual Insurance adds Jacqui Canney to board of directors
Apart from serving in critical roles at ServiceNow, Walmart and Accenture, Jacqui Canney previously served on the boards of Suffolk Construction and Project Healthy Minds...
Cover-More, Aon enter travel insurance arrangement in Australia
The agreement establishes Cover-More as the provider of travel insurance products to Aon’s Australian retail customers and to the firm’s workforce...
IF Insights: Choking of Strait of Hormuz tests limits of war risk insurance
The concept of war risk insurance has been under the spotlight since 2022, but is gaining traction as the world is dealing with the Ukraine war and the Middle East conflict...
US homeowners witness better insurance claims satisfaction: JD Power report
Customers are satisfied despite cost pressures: A total of 19% of homeowners' insurance customers faced insurer-driven premium hikes, out-of-pocket expenses, and a deductible of USD 1,000 or more...