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.
An MGA startup uses AI simulations to model catastrophe risks at the property level, targeting homes insurers often avoid. But what does it mean for claims handling?
AI integration and cybersecurity threats both demand attention as carriers enter a critical planning phase. Striking the right balance is now a strategic imperative.
AI-native businesses push insurers to rethink liability forms and create new facilities as casualty risks evolve. Judgment and human expertise remain critical amid tech disruption.
Jaguar Land Rover, Marks & Spencer, and Co-op among top UK firms facing costly cyber incidents, with insurance and supply chain impacts rippling across sectors.
Independent agents say poor communication and outdated data are hurting productivity and trust.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.
Rising premiums, severe weather, and consumer distrust have pushed the personal lines market to a breaking point. Nationwide outlines how carriers and agents can restore trust through proactive protection.
Moody’s 2025 Cyber Survey reveals alarming cybersecurity shortfalls across nearly 2,000 organizations globally, with direct implications for risk management and insurance claims handling.
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.
A cyber insurance dispute is unfolding in federal court as ACE American Insurance Co., a Chubb subsidiary, seeks to recoup $500,000 paid in ransomware damages from two IT vendors it claims are at fault.
Zurich Insurance Group, along with cybersecurity partners, is pressing for the creation of national cybersecurity metrics to address the widening gap between insured losses and the true economic cost of cyber incidents.