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News
Underwriters say AI is saving time, not improving decisions
3+ day, 17+ hour ago (455+ words) Most senior commercial underwriters say AI has saved them time on admin. Far fewer say it has improved the quality of their decisions. That gap shapes how submissions get handled, how risks get priced, and how consistent underwriting decisions are…...
40% of large firms underinsured amid cybercrime surge
1+ week, 3+ day ago (420+ words) AI is lowering the cost and complexity of launching cyber incidents — enabling scammers to commit breaches at unprecedented speed and amplifying the need for proper insurance. One in four cyber breaches were AI-enabled in the first half of 2026, driving up…...
Huscarl bets on AI as companies rethink self-insurance |
1+ week, 5+ day ago (406+ words) The FRST-led seed round will help the startup expand its autonomous AI actuary platform in the US as more companies retain and manage their own insurance risk. Huscarl has raised seed funding to expand its AI-powered actuarial platform in the…...
Huscarl raises $5.6M to build an autonomous AI actuary for corporate self-insurance
1+ week, 5+ day ago (1303+ words) For decades, companies have relied on commercial insurers to transfer the financial risks associated with their operations. But an increasing number are choosing to retain more of those risks themselves through insurance subsidiaries known as captives. Now, artificial intelligence is…...
AI will transform the future of insurance claims
2+ week, 5+ day ago (696+ words) An insurance claim usually happens at the worst possible moment. A car is damaged, a water leak floods a basement, and, suddenly, a routine day becomes anything but. In that moment, customers don’t want to deal with a complex situation…...
Insurance moves: Zurich, Cowbell, Meridian Lawyers
3+ week, 3+ day ago (557+ words) Insurance Business Insurance moves: Zurich, Cowbell, Meridian Lawyers Former AMP chief leads a round of senior appointments across the sector A series of executive and board-level appointments has been announced across the Australian insurance sector, spanning life and general insurance,…...
Thoughts From M-Files on AI Investment ROI: Insurers Need to Focus -
3+ week, 4+ day ago (848+ words) Some thoughts here from M-Files on the problems that AI is being used to solve, plus the potential ROI on serious long term investment and transformation; Insurance organisations are investing heavily in artificial intelligence, with the technology increasingly being deployed…...
Insurance moves: Miller, Hampden Risk, Brecon, Willis and others
3+ week, 5+ day ago (775+ words) Miller has appointed Harry Vickers (pictured, left) as senior director, property, for Miller Bermuda, joining from Gallagher. Vickers will lead Miller's Bermuda direct and facultative offering, working alongside London teams to broaden the property solutions available to international clients, with…...
How cyber insurance gaps can leave factory damage uncovered
3+ week, 5+ day ago (682+ words) Production shutdowns can outweigh data theft for industrial operators. A ransomware attack that reaches a factory floor can do more than lock files. It can stop machinery, halt production, and disrupt supply chains. But when the damage turns physical, manufacturers…...