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News
Insurance keeps losing jobs. AI is only part of the story
4+ day, 6+ hour ago (375+ words) Insurance carriers and related activities accounted for most of that drop, losing 6,300 jobs on their own. Over the 12 months from August 2025 to August 2026, finance-and-insurance employment fell from 6,733,400 to 6,651,100, a decline of roughly 82,000. For an industry that has spent years marketing…...
Deals: Aon Agrees to Buy USI From KKR
1+ week, 4+ day ago (241+ words) Some details on the latest acquisition from Aon for you; Aon plc (NYSE: AON), a leading global professional services firm, today announced the signing of a definitive agreement to acquire USI from KKR and other shareholders for a total purchase…...
Senco Gold & Diamonds Partners With Olocker to Give Customers Free Jewellery Insurance, Letting Precious Memories Be Worn, Not Hidden Away
1+ week, 4+ day ago (105+ words) SBI General Insurance Carries Strong Growth Momentum into Q1 FY27, with GDPI up by 10.9% DayOne and TNB Explore Up To 1.5 GW of On-Site Power Generation to Advance Malaysia's Energy Resilience and Digital Economy Synup Launches Sydekick AI, Shifts Local Marketing from Software-Led…...
AI mistakes identified as biggest new PI risk for businesses
3+ week, 2+ day ago (514+ words) Artificial intelligence mistakes have emerged as the biggest professional indemnity (PI) risk facing businesses, as new research by insurance experts Everywhen suggests the rapid adoption of technology is fundamentally changing the professional liability landscape. A new survey by Everywhen asked…...
Why AI is Becoming Harder to Budget For
3+ week, 4+ day ago (1017+ words) This piece is by Katie Barnett, Director of Cyber Security at Toro Solutions For most business technology, the cost is relatively easy to understand. You buy a licence, agree a contract or pay for a certain level of usage, and…...
Aviva swerves any ‘big proclamations’ around redundancies as it continues AI investment
3+ week, 5+ day ago (718+ words) UKGI chief executive acknowledges that AI is ‘changing our business’, with staff headcount just one of many considerations the insurer is working through as part of its ongoing AI adoption Jason Storah, chief executive of Aviva’s UK and Ireland general…...