Technology

Most global consumers see the benefits of AI in insurance but still do not trust it

Global consumers unanimously acknowledge the benefits of deploying artificial intelligence (AI) tools in insurance yet are sceptical about their commercial…

WTW’s Radar Vision helps insurers tackle inflation and emerging risks

GlobalData surveying has revealed that inflation remains a critical challenge for businesses. Leading global broking company Willis Towers Watson (WTW)…

NEXT Insurance adopts ZestyAI’s property risk models 

Commercial insurer NEXT Insurance has collaborated with property and climate risk platform ZestyAI for its AI-driven Z-PROPERTY and Z-FIRE models.  …

Strong appetite for crypto insurance as digital assets become increasingly popular

The crypto insurance market is in its infancy and cover is difficult to find as per a GlobalData survey. There…

More use cases for AI in insurance as it remains the key theme in 2025

Artificial intelligence (AI) will “undoubtedly” still be the key theme in insurance in 2025, according to a new report. GlobalData’s…

AI, ESG, and cyber will be the key insurance themes in 2025

Artificial intelligence (AI) is clearly the standout theme in the insurance industry, as generative AI continues to open up business…

The insurance industry has a key role to play in mitigating cyber risks

In an era where digital transformation is essential for many organisations, the threat landscape has significantly evolved, particularly concerning cyberattacks.…

US insurtech company Insurity appoints new COO

Insurity, a US-based company offering cloud-based insurance software, has appointed Jonathan Victor as its chief operating officer (COO). Victor will…

SunCar, Wuhan JIDU collaborate on AI-based auto insurance platform

SunCar Technology Group has teamed up with Wuhan JIDU Automobile Service to launch its intelligent insurance platform in China. This…

Centana buys majority stake in First Connect Insurance Services

Private equity firm Centana Growth Partners has purchased a majority stake in First Connect Insurance Services, insurtech company Hippo’s digital…

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