Innovation
Innovation includes how to adopt and how to adapt to new technology. It can also mean seeing and doing business differently. Here, re/insurers present all kinds of 21st century approaches to their 350-year-old industry.
How insurance will empower agentic AI
The challenges involved bring opportunities for insurers to step in as enablers of innovation, helping organisations adopt agentic AI confidently and responsibly
Aviva pilots actuarial AI agent in specialty lines
Insurance giant is partnering with AI developer hyperexponential on initiative to augment underwriting capabilities, Aviva’s commercial lines CUO tells Insurance Day
MGAs emerge as generative AI testers
Managing general agents are the ‘boiler room’ of artificial intelligence for re/insurance, Earnix’s Andrew How says
How technology is enhancing reinsurance
As the primary insurance market embeds digital into the heart of its operating models, it creates a compelling need for the reinsurance industry to pick up the pace of technological development
Sky’s the limit with a tactical nuke
Gallagher’s Nigel Weyman discusses the broker’s insurance facility that would enable airlines to continue to fly following the use of a tactical nuclear device
How to gain clarity on cyber insurance accumulation
It is essential to assess the accumulation potential of cyber insurance in safeguarding the digital lives of private individuals and their families
ID Podcast: The promise of a digital London market: LMA’s Sheila Cameron and Joe Brace
Digitalisation will enhance the existing best practice of top brokers and carriers, Sheila Cameron and Joe Brace tell the Insurance Day Podcast
How insurers are venturing into digital assets
Protection is becoming more available, but a lack of information and familiarity with the industry leaves insurers somewhat reluctant to jump into crypto
How insurers can deal with orphaned wells
Mosaic has developed an enhanced contractor’s pollution legal liability insurance product to help cap inactive and abandoned oil and gas wells
WTW aligns e-trading platform with risk and broking
Broking giant will no longer work with third-party brokers at it looks to develop its Neuron platform across its own broking network
Solving the legal puzzle for technology, innovation and insurance
How legislatures and regulators around the world structure the oversight of emerging insurance products will be critical to maximising their efficacy
Lloyd’s Lab ‘critical’ for MGA Kita’s success
Lloyd’s Lab offers unique access to insurance professionals that other incubators cannot provide – and office space at an iconic address, Kita’s chief technology officer says
Bellwether model could help improve insurance penetration in California’s stressed property market: Hiscox
Divisional director James Brady discusses implementation of predictive California wildfire model
The irresistible rise of artificial insurance
Insurers must prepare for a future where AI could replace the human element in insurance
The impact and potential of AI in the claims process
DAC Beachcroft’s report on the impact and potential of AI in the insurance claims process reveals a sector ‘embracing change, with eyes wide open’
Commercial insurance’s automation dilemma
CFC’s head of digital underwriting describes the ongoing struggle to balance efficiency with adequate risk assessment for commercial insurers
Maturing cyber seeks new reinsurance lines
Broker argues that, as primary cyber underwriters get a better handle on their catastrophe risk, there is more room for new types of reinsurance
Supercede plans follow-up to big Lloyd’s software package
Co-founder and chief executive, Ben Rose, says artificial intelligence will do little good if insurers do not compile and share data more effectively
Transportation insurance is being transformed
The growing availability of telematics data is paving the way for innovative insurance products, including usage-based insurance models
Alternative capital ‘struggles to incorporate’ new technology
Insurance-linked securities companies do embrace new technology but have no way to co-ordinate efforts leading to a slower transaction cycle, Radix ILS chief, Hanni Ali, says
Turning London from testbed to hotbed of innovation
Tokio Marine Kiln’s head of innovation describes the emergence of a market in new products centred on Lloyd’s Lab
The virtues of a virtual captive
Virtual captives are a tool for structuring risks that conventional insurance finds hard to manage, HDI’s Eric Joly-Pottuz says
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