Intelligent Insurer News

Blink claims the new solution can cut average BI claims claims processing time by up to 95 percent.

The German re/insurer financed AI-powered Scorable on its formation in 2019.

The reinsurer, however, posted a decline in its Q3 profits despite investment gains.

The Lloyd's broker has hired two far east regional specialists to develop its reinsurance portfolio.

Berkshire Hathaway Specialty Insurance has unveiled US commercial lines promotions.

The cyber risk environment is not expected to become any easier in future, warns Allianz.

The executive served as CEO of Aon’s global power specialty for six years.

General Motors seeks to 'transform' the auto insurance industry with a new digital experience.

The company is confident that QIC Global and Antares are in an 'excellent position' to capitalise on favourable market conditions.

Cost-saving measures during the pandemic helped brokers stabilise earnings and free cash flow.

The insurer will use AI-driven deep property technology to enhance its underwriting and claims process.

Harris has held several senior energy roles at AXA XL, Allianz and Marsh.

Google’s AI-focused venture fund Gradient, insurer State Auto and Guidewire Software also participated in the round.

The current chair P. Kevin Condron is set to retire in 2021.

The appointee will be a member of the board's audit committee.

Digital transformation is a key focus for financial and insurance organisations.

Institute members represent 40 percent of Fortune 1000 companies.

Fully digitising claims to deliver personalised and real time customer experiences will, crucially, bring the whole claims process 'into the modern world', argue insurance industry experts.

Intact will acquire RSA's Canadian, UK and international entities, while Tryg will acquire Swedish and Norwegian businesses.

LMA states that the new future model will be advanced, data-driven and customer-centric.