Forrester Research predicts AI adoption will fuel higher cyber insurance premiums and reshape insurer expense ratios in 2026. Carriers must adapt as risk complexity and automation pressures mount.
MGA underwriters are turning to AI, APIs, and automation to speed up quotes, reduce busywork, and adapt to increasingly complex risks like crypto, EV infrastructure, and IoT.
A new report by Sollers Consulting finds that while artificial intelligence (AI) is becoming standard in claims processing, wide disparities exist in how insurance companies govern and scale these innovations.
2024 saw premium decline but continued strong underwriting and operating margins, with early 2025 data pointing to another profitable year in the WC line.
Independent agents say poor communication and outdated data are hurting productivity and trust. A new J.D. Power study reveals the breakdown costing insurers business.
Cotality’s analysis of the Eaton and Palisades fires shows that many homes labeled "low wildfire risk" were actually highly vulnerable to structure-to-structure fire spread.
Florida’s state-run Citizens Property Insurance Corporation has announced a temporary deferral of its flood insurance documentation requirement due to the federal government shutdown.
A recent report from Argo Group highlights three converging forces shaping the future of specialty insurance: inflation, litigation volatility, and a deepening talent gap.
Insurance leaders report measurable AI benefits in underwriting, claims, and risk management, though full returns depend on thoughtful integration and workforce adaptation.
A survey of 430 underwriting executives reveals AI adoption will surge from 14% to 70% in three years, reshaping efficiency, risk assessment and workforce strategy.
The U.S. P/C insurance industry posted a $11.5B underwriting gain in H1 2025, aided by fewer Q2 catastrophes, despite a sharp decline in investment-driven net income.
Connected automation in warehouses is forcing insurers to replace outdated models with dynamic, real-time risk assessments based on sensor data and machine performance.
US cyber insurance premiums fell 2.3% in 2024, signaling a market shift as carriers focus on underwriting discipline and sustainable growth amid evolving cyber risks.