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News
AXA and BytePlus sign strategic MOU Pioneering AI-Driven Transformation across insurance value chain
4+ day, 13+ hour ago (382+ words) Thailand Business News AXA and BytePlus sign strategic MOU Pioneering AI-Driven Transformation across...and co-innovate pioneering, insurance-specific AI models and applications, intelligent agents, and decision-intelligence...Customer Intelligence for Personalised Engagement: AXA will leverage BytePlus’s advanced predictive data...analytics,…...
AI in Portfolio Management: A Tool, Not a Decision Maker
4+ day, 22+ hour ago (338+ words) Done well, portfolio management enables data-driven decisions that protect margins and guide growth,...even when data is imperfect....By grounding portfolio management in strong data foundations, clear decision ownership and well-defined...By combining exposure information, loss history, jurisdiction and…...
Underwriters say AI is saving time, not improving decisions
4+ day, 4+ hour ago (455+ words) 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...Only 21 percent say it has improved the quality of their decisions....What underwriters…...
CCG: Revenue fell 34.4% as business pivoted to AI-driven, high-margin NEV insurance, with net loss widening
1+ week, 2+ day ago (72+ words) TradingView CCG: Revenue fell 34.4% as business pivoted to AI-driven, high-margin NEV insurance, with...net loss widening NEV partnerships and AI-driven product launches fueled a strategic shift to high-margin...
Data centres expose insurers to fire climate and cyber risks
3+ week, 4+ day ago (649+ words) The artificial intelligence (AI)-driven expansion of data centres is creating new construction, operational...Annual investment in data centres is expected to double from about $500b in 2024 to more than $1t by...The report, The Data Centre Construction Boom: Risks and Claims…...
Consumers already trust AI with insurance decisions, and that breaks the usual pattern
4+ day, 8+ hour ago (431+ words) Consumers hesitated to move to digital channels, and they hesitated to share data in exchange for better..."What's been really surprising about this data is that adoption is already very clear, it tells us consumers...The data on how people…...
FCA data backs CII on consumer duty reporting gaps
1+ week, 4+ day ago (490+ words) UK insurance and financial planning firms are producing more confident, data-rich Consumer Duty board...data and connecting datasets across their organisations....Participants said firms need better testing at key decision points, clearer outcome measures and a more...joined-up approach…...
QBE Names Global Data Center Lead
3+ week, 6+ day ago (381+ words) Jamie Thompson will develop an integrated insurance proposition for data center risks across QBE’s global...QBE (Sydney) has appointed Jamie Thompson Global Director of Data Centers, a newly created role focused...Thompson will be based in London and will develop…...
Paylogix TPA data breach puts benefits brokers on notice
2+ week, 5+ day ago (473+ words) Insurance Business Paylogix TPA data breach...brokers on notice Hackers linked to the Akira ransomware gang stole health, financial, and identity data...plan participants A ransomware gang stole health records, Social Security numbers, financial account data...They copied files before…...
AA Insurance's new ad reflects real crash data
2+ week, 6+ day ago (254+ words) This campaign was timed to land squarely on risk data where New Zealanders aged 16 to 24 make up just...That anxiety tracks the data....