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News
Consumers already trust AI with insurance decisions, and that breaks the usual pattern
3+ day, 2+ hour ago (431+ words) to digital channels, and they hesitated to share data in exchange for better pricing, largely because..."What's been really surprising about this data is that adoption is already very clear, it tells...those types of numbers," Chattree said. The data…...
Uber slammed with $966 million fine over privacy case
3+ week, 1+ day ago (209+ words) That distinction matters for coverage purposes. A privacy regulator's fine and a discrimination or...wrongful-termination claim sit under different policies — cyber/privacy versus EPL — even when they stem from the same...process. This is Uber's second major Dutch privacy fine…...
Data centres expose insurers to fire climate and cyber risks
3+ week, 3+ day ago (649+ words) artificial intelligence (AI)-driven expansion of data centres is creating new construction, operational,...account for most of the market. Annual investment in data centres is expected to double from about $500b in...a report by Allianz Commercial. The report, The Data…...
The Accra Daily Mail explains why Ghana's brokers are your best-kept financial secret
3+ week, 14+ hour ago (383+ words) Second, brokers negotiate better terms. Because they work with multiple insurers, they know what is available in the market. They can negotiate competitive premiums and favourable terms on your behalf. The IBAG president stressed that "using a broker often helps…...
AI will transform the future of insurance claims
2+ week, 4+ day ago (696+ words) calling. The throughline in this future is integrated data and omni-channel support before, during, and after...accident. The insurer could use embedded sensor data to understand the likely severity of the crash,...
Sunshine Insurance Delivers Strong Digital-Intelligence Transformation Results, as Technology Empowerment Steps into a Greater Level
1+ week, 4+ day ago (127+ words) Group has established an integrated plan covering data collection, database construction and data application, and deeply integrated 20 strategic data engineering projects into key business areas. Such foundational investments are transforming data from static resources into fluid, insight-generating...
Gallagher Re creates digital risk unit as AI reshapes accumulation
3+ week, 4+ day ago (422+ words) launched a digital risk practice, pulling AI liability, data centers, cyber, and digital risk engineering into...AI liability lead. Luca Drane has been appointed data centers lead. The structure reflects a recognized...March projected global insurance premiums tied to data…...
Cyber policy wordings have potential to provide unintended AI cover – IUA
3+ week, 2+ day ago (1202+ words) Although believing that artificial intelligence is ‘an insurable exposure’, explicit coverage is still hard to find as use cases around the technology continue to evolve and differ vastly between businesses, says underwriting director Common clauses cited within cyber insurance policies…...
AI mistakes identified as biggest new PI risk for businesses
3+ week, 2+ day ago (514+ words) information, an automated recommendation based on flawed data or unchecked AI output incorporated into professional...
Demotech, Inc. Announces Inaugural Conference to Focus Upon Emerging Solutions to Litigation Trends Affecting Insurers and Insurance Consumers Adversely
2+ week, 4+ day ago (335+ words) PR Newswire One day conference in New York will outline litigation financing, acquisition, and social media programs targeting insurers. COLUMBUS, Ohio, Aug. 25, 2026 /PRNewswire/ -- Demotech, Inc. President and Co-founder Joseph Petrelli has announced that it will sponsor the inaugural Business Insurance…...