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News
Why AI is Becoming Harder to Budget For
3+ week, 4+ day ago (1017+ words) the first four months of 2026 as the use of AI coding tools grew across its engineering teams. It subsequently...introduced monthly spending limits for some agentic coding tools, alongside dashboards allowing employees...
Inside Marsh's AI build: one million prompts a week, and agents
3+ week, 4+ day ago (288+ words) Marsh has scaled that idea into what it calls a coverage intelligence platform, and more than 3,000 colleagues now query a structured repository of claims data to judge how carriers perform and to steer placement. Asked where that data heads next,…...
Gallagher Re creates digital risk unit as AI reshapes accumulation
3+ week, 4+ day ago (422+ words) Gallagher Re has launched a digital risk practice, pulling AI liability, data centers, cyber, and digital risk engineering into a single advisory function. The move comes as technology-driven accumulation exposures increasingly cut across multiple insurance lines simultaneously. Ian Newman leads…...
A robot just beat Usain Bolt's record. Insurers - watch the warehouse events, not the sprint
2+ week, 4+ day ago (379+ words) "The major trend will be a shift from pricing, evaluating, and managing risk around human operators to system-centric operators or system-centric liabilities," says Chris Raimondo, insurance consulting leader for the Americas at EY. That's the shift the sprinting robots obscure....
AI mistakes identified as biggest new PI risk for businesses
3+ week, 3+ 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…...
CNW Newswire
2+ day, 22+ hour ago (200+ words) Insurers urge stronger action to reduce flood risk and protect Ontario communities IBC Calls for Urgent Action to Reduce Flood: Flooding is Canada's most frequent and costly natural disaster, and the trend is accelerating. Over the last 20 years, flood and…...
Crawford's AI chief explains claims innovation strategy
1+ week, 4+ day ago (546+ words) Insurance Business Crawford's AI chief explains claims innovation strategy David Wright details how Crawford & Company balances AI experimentation with adjuster autonomy Crawford & Company, a provider of claims management and outsourcing solutions, is putting new artificial intelligence tools through a formal…...
AI transforms insurance by cutting repetitive work, freeing up staff
4+ week, 1+ day ago (256+ words) Artificial intelligence is increasingly helping insurance companies reduce the time and resources spent on repetitive administrative work, as insurers move AI from isolated pilot projects into everyday operations, according to a report by Get Covered an insurance tech firm. The…...
Parametric moves beyond weather as Howden Re builds dedicated practice
6+ day, 7+ hour ago (392+ words) Insurance Business Parametric moves beyond weather as Howden Re builds dedicated practice Record allocations in a soft market signal that parametric is now a standing part of reinsurance programme design Parametric reinsurance allocations reached record levels in 2026 despite the softest…...
AI Motion Analysis Could Help Reduce Workplace Injuries
2+ week, 6+ day ago (163+ words) The latest from Aviva Global Risk for you; Aviva Global Risk Management Solutions has introduced advanced AI motion analysis as part of its client offering, helping businesses identify musculoskeletal issues before they lead to injury. Jon Abbott, Director at Cardinus…...