2+ day, 18+ hour ago   (329+ words) Insurers are deploying AI across the business, but adoption brings a new set of risks alongside the promise of greater efficiency. As AI systems become more autonomous, insurers must balance speed and scale with accuracy, oversight and accountability. According to…...

4+ day, 18+ hour ago   (282+ words) The big question around AI in insurance is not whether to adopt it, but how to adopt it safely and securely. It's not enough to simply trust that your AI tools work properly; you have to be able to prove…...

1+ week, 1+ day ago   (243+ words) Insurtechs can make a variety of mistakes. Among the biggest ones are not considering the history of the industry, as well as leading with technology first instead of a true solution to a potential client's problem, according to insurtech executives....

1+ week, 5+ day ago   (427+ words) Pablo Palafox, CEO and co-founder of HappyRobot, teamed up with his brother Javi Palafox, co-founder, and a friend Luis Paarup to apply voice AI to operational challenges. The first use case was helping logistics teams manage calls required for tracking…...

2+ week, 3+ day ago   (332+ words) Increased risks from managing property data and the increased presence of AI in the insurance industry led Millennial Specialty Insurance (MSI) to change its product management. MSI offers personal lines, commercial lines and multi-family business coverage. Its parent company The…...

2+ week, 3+ day ago   (543+ words) Improving the broker experience has traditionally been seen as a distribution challenge. Recently, technological advances such as AI-powered submissions, digital brokerages and faster online quoting have dominated the discussion. And while those innovations matter, they only tell part of the…...

2+ week, 4+ day ago   (326+ words) Increased funding for AI insurtech startups may mean a shorter runway for success, but insurance is still an attractive market for tech startups, according to Kenneth Saldanha, CEO and advisory lead of the insurance practice at Accenture. These AI insurtechs…...

2+ week, 4+ day ago   (1393+ words) As specialty insurers, MGAs and brokers contend with fragmented data, legacy workflows, growing regulatory scrutiny and rising operational complexity, strong data foundations are essential. At the same time, trust, expertise and a clear focus on solving real industry challenges remain…...

2+ week, 5+ day ago   (530+ words) AI insurtech startups increased in number and funding, going from seven startups funded for an estimated total $69.95 million in 2023 to 25 startups funded for an estimated total of $609.4 million in 2025, based on data compiled from BusinessWire press releases. This year's funding…...

2+ week, 5+ day ago   (528+ words) American Growth Insurance (AGI) developed an AI-powered brokerage platform that can adjust to clients' evolving risk tolerances, review their risk transfer protocols and find cross-selling opportunities. The platform, which it designed in-house, has been operating for about two months, with…...