9+ hour, 27+ min ago   (800+ words) A form of self-insurance often associated with mining, oil and other environmentally risky sectors is quietly transforming the market for physical-risk coverage, thanks to the rise of mega AI data centers. Captives — whereby firms sidestep traditional insurers and instead set…...

14+ hour, 21+ min ago   (280+ words) ScienceSoft, a McKinney, Texas-based IT consulting and software development firm, has published research projecting that by 2028, 60% to 80% of new policies and renewals in errors and omissions, directors and officers, employment practices liability, and cyber insurance will factor AI risk into…...

15+ hour, 22+ min ago   (216+ words) BytePlus will support claims handling knowledge management and distribution. AXA Hong Kong and Macau has signed a Memorandum of Understanding with technology solutions provider BytePlus to integrate artificial intelligence and large language models into its operations. The collaboration establishes a…...

22+ hour, 35+ min ago   (312+ words) Hong Kong insurers are moving artificial intelligence (AI) beyond back-office applications and into front-line sales and underwriting processes, with new tools designed to provide advisers with faster preliminary assessments. Prudential Hong Kong has launched an AI-powered underwriting assistant for its…...

21+ hour, 39+ min ago   (133+ words) Intelligent Insurer - Regulation puts stone in the shoe for APAC insurers who want to embrace AI, says WTW’s Dave Return on investment in Generative AI so far has been “underwhelming”, says Mehul Dave, Southeast Asia leader at broker WTW, but…...

2+ day, 8+ hour ago   (315+ words) Artificial Intelligence (AI) is beginning to wield significant influence on the way people decide on their auto and home insurance, according to a new, first-of-its-kind JD Power study. The inaugural JD Power 2026 U.S. AI Insurance Experience Study finds that nearly a…...

3+ day, 9+ hour ago   (379+ words) GlobalData finds almost half of UK consumers remain unconvinced by the use of AI in determining insurance premiums. Oops, something went wrong Consumer trust reinforces need for robust AI governance in insurance A GlobalData survey found that insurers face a…...

6+ day, 2+ hour ago   (667+ words) Entrepreneurs are using AI tools for insurance research at rates comparable to insurance agents and peer networks, according to a new ERGO NEXT survey of small business owners. Of those who have used AI, most trust the information they receive,…...

6+ day, 6+ hour ago   (644+ words) Entrepreneurs are using AI tools for insurance research at rates comparable to insurance agents and peer networks, according to a new ERGO NEXT survey of small business owners. Of those who have used AI, most trust the information they receive,…...

3+ day, 12+ hour ago   (633+ words) Is the pendulum swinging back on banks' involvement in insurance? After a slew of high-profile divestitures, a number of community banks have moved in the opposite direction in recent months, acquiring agencies to bolster their presence in the sector. On…...