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News
FCA marks its own homework on insurance – and gives itself a six or seven
1+ week, 3+ day ago (463+ words) performance. This week, giving evidence to peers, it did. Appearing before the House of Lords Financial...
Sunshine Insurance Delivers Strong Digital-Intelligence Transformation Results, as Technology Empowerment Steps into a Greater Level
1+ week, 4+ day ago (127+ words) The traditional insurance industry has been heavily reliant on human resources, where the capability ceiling of the sales force often defines the upper limit of business growth. Sunshine Insurance is now breaking this constraint through AI agent technology. “Autopilot” Moment…...
AI mistakes identified as biggest new PI risk for businesses
3+ week, 3+ day ago (514+ words) important question: who is responsible when AI gets it wrong? An AI-generated document containing inaccurate...and cyber together account for 76% of responses. It suggests businesses increasingly see their greatest...
Gallagher Re creates digital risk unit as AI reshapes accumulation
3+ week, 4+ day ago (422+ words) insurance lines simultaneously. Ian Newman leads it as global head of digital risk, alongside his existing...
Crawford's AI chief explains claims innovation strategy
1+ week, 4+ day ago (546+ words) interaction – different from how they’ve been doing it – and say: if AI were to help you on this interaction,...repetitively test and make sure that across multiple uses, it’s stable and accurate.” Wright pointed to reserve-setting,...validation approach would…...
Beyond Diagnostics: How SynqRail Helps Auto Repair Businesses Manage the Growing Complexity of Insurance Repairs
1+ week, 1+ day ago (516+ words) a vehicle actually being repaired, and how many does it spend waiting for the next action?...
Indonesia AI spending outpaces business transformation
1+ week, 3+ day ago (306+ words) Indonesian companies are increasing investment in artificial intelligence, but skills, governance and change-management gaps are limiting how much business value they can extract from that spending. R. Robby, Partner for Digital Data & Analytics Consulting at PT Ernst & Young Indonesia, said technology…...
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...
Why AI is Becoming Harder to Budget For
3+ week, 4+ day ago (1017+ words) AI coding tools grew across its engineering teams. It subsequently introduced monthly spending limits for...heavily influenced by the way people actually use it. Two employees with access to the same platform could...very different costs. One might occasionally use…...
IRGC hacking case tests what cyber policies actually cover
3+ week, 4+ day ago (507+ words) covers. The Mabna indictment is unusual in the clarity it offers. It names defendants, sets out their organizational ties...