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Artificial Intelligence in Insurance

Artificial intelligence (AI) is everywhere, and it has an impact on all our lives. However, years of bold proclamations have resulted in AI becoming overhyped, with reality often falling short of the world-altering promises. The coming years will be more about practical uses of AI, as businesses ensure they get their money’s worth by using AI to address specific use cases. Life Insurance International’s artificial intelligence in insurance dashboard covers all you need to know about this emerging technology and its impact on the sector.

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AI Deals Activity in the Insurance Sector

Life Insurance International’s artificial intelligence deal tracker in the insurance sector monitors deals involving artificial intelligence or similar technologies over the past nine quarters.

AI Deals in the Insurance Sector: Q1 2020 – Q1 2022

75 Venture Financing

Total Value US$m: 1,539.3
YOY Change: -84.4%

19 Acquisition

Total Value US$m: 698.1
YOY Change: -

10 Partnership

Total Value US$m: NA
YOY Change: -

5 Equity Offering

Total Value US$m: 1,877.2
YOY Change: -100%

3 Asset Transaction

Total Value US$m: 400
YOY Change: -

3 Merger

Total Value US$m: 968
YOY Change: -100%

AI Driven Innovation in the Insurance Sector

To best track the emergence and use of artificial intelligence in insurance, Life Insurance International tracks patents filings and grants as well as companies that hold most patents in the field of artificial intelligence.

Number of patents in AI in the Insurance Sector: 2001 - 2021

Artificial intelligence patents tracker in the insurance sector monitors the patents filings and grants over the past two decades.

Top holders of patents in AI in the Insurance Sector: 2001 - 2021

Life Insurance International patent ownership data monitors the companies that hold most artificial intelligence patents in the sector.

Number of AI Mentions in Filings in the Insurance Sector: 2016-2021

Life Insurance International tracks thousands of companies and their annual and quarterly filings. Our analysis tracks the mention of artificial intelligence in those filings over the past five years.

AI Versus Top 5 Themes in Insurance

Life Insurance International compares artificial intelligence mentions in filings versus mentions of other technology themes in filings data over the past five years.

Top 10 Companies with AI Mentions in Filings

Life Insurance International tracks which insurance companies mention artificial intelligence in filings most over the past five years.

AI Jobs Insights in the Insurance Sector

Life Insurance International monitors live insurance company jobs postings mentioning artificial intelligence or those requiring similar technology skills.

AI Job Trends in the Insurance Sector

Jobs postings by insurance companies mentioning artificial intelligence over the recent past. AI jobs tracker in the insurance sector looks at jobs posted, closed and active in the sector.

Most Active Insurance Companies with AI Jobs

Life Insurance International’s insurance jobs tracker lists insurance companies with most artificial intelligence jobs posted in the recent past.

AI Influencer Activity in the Insurance Sector

Life Insurance International tracks the mentions of artificial intelligence by pre-identified insurance sector influencer on Twitter. The graph indicates the volume of tweets and influencers mentioning AI through recent months.

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