How much can AI help the insurance industry offset the continued loss of institutional knowledge as talent ages out?
Read more
As more and more insurers leverage AI for underwriting, claims, and risk management, they face the need for explainability, defensibility, and accountability.
Experts say it’s possible, but it’s not without risk.
High-net-worth families often face elevated cyber risk because of their visibility, financial resources, and complex lifestyles.
–From adjusting the lighting in a photo to repairing a blurry image, AI‑ powered image editing tools have become part of everyday life– and increasingly, part of the insurance claims process. Verisk, a leading global data analytics and technology provider to the insurance industry, commissioned the Verisk State of Insurance Fraud study to provide insights into…
Only 38% of affluent investors are comfortable with artificial intelligence, according to Cerulli Edge-U.S. Retail Investor Edition.
A panel of insurance and legal leaders says artificial intelligence is rapidly transforming the life and annuities industry, but compliance is a concern.
Advancements in technology are ushering in what experts have dubbed the “golden age of underwriting,”
The potential for artificial intelligence to transform underwriting workflows has caught up to the surety bonding industry.
The legacy technology systems that many insurers rely on are holding them back. Still, it’s unsustainable for insurers to keep kicking the can down the road long-term, according to a new study.
With many Americans’ retirement savings falling far short of what they really need for long-term financial security, technology could be leveraged to help close the gap.
According to the Big ‘I’, two-thirds of independent agencies plan to increase their AI usage in the next 12 months.
–TD expects to cut insurance claims costs by $150 million "in the medium term" through AI deployment, vendor optimization, fraud detection and process reengineering, CFO Kelvin Tran said Thursday during the bank’ s quarterly earnings call.– The firm’ s investments in process improvement, digital and artificial intelligence capabilities will reduce timelines…
Fintech company Block said Thursday that it's cutting more than 4,000 workers or nearly half of its workforce as artificial intelligence disrupts the way people work. The Oakland parent company of payment services Square and Cash App saw its stock surge by more than 23% in after-hours trading after making the layoff announcement. Jack Dorsey, the co-founder…
Technology tools work best when they complement the role of advisors.
A look at AI-to-AI claims settlement and what it could mean to policyholders.
State insurance regulators moved closer Tuesday to launching a multistate pilot of a new artificial intelligence system evaluation tool this spring.
The Federal Reserve issued the following speech on Feb. 17, 2026, by Governor Michael S. Barr at the New York Association for Business Economics:. What Will Artificial Intelligence Mean for the Labor Market and the Economy? Thank you for the invitation to speak to you today./ 1 Before I get into my main topic, I wanted to share my current views on the economy and monetary…
The recent executive order proposing unified federal governance of AI laws has created more uncertainty for insurance companies.
Riverbed, the leader in AIOps for observability, today released Financial Services industry findings from its global survey,‘ The Future of IT Operations in the AI Era,’ which examines the level of AI readiness across the Financial Services Sector. The results highlight a growing implementation gap as organizations move from AI ambition to real-world impact.
