Global reinsurer Swiss Re has appointed a senior executive from BlackRock to lead its artificial intelligence (AI) transformation initiatives, signalling a strong strategic focus on technology-driven innovation. According to the…
Infosys has announced the acquisition of Stratus, a move aimed at enhancing its capabilities in the insurance technology space and expanding its presence in the global insurance services market. The…
ABSTRACT [caption id="attachment_30365" align="alignleft" width="139"] Venkatesh Ganapathy[/caption] The insurance industry has historically been slow to respond…
OpenAI has approved the first insurer-developed artificial intelligence application to be made available on ChatGPT, marking a notable milestone in the integration of generative AI within the insurance sector. The…
Technology services company Kyndryl has highlighted the growing role of agentic artificial intelligence in enhancing operational resilience across the insurance industry. The company noted that as insurers navigate rising claims…
Agentic artificial intelligence is emerging as a key capability for strengthening resilience across the insurance industry, as insurers face rising complexity from cyber threats, operational disruptions and evolving customer expectations.…
[caption id="attachment_30138" align="alignleft" width="158"] Sekhar Burra[/caption] India’s insurance industry is undergoing a major transformation, shaped by shifting risk patterns, rising customer expectations, and a more complex regulatory environment. While early…
Artificial intelligence is rapidly reshaping the insurance sector, with insurers increasingly deploying AI-driven tools across underwriting, claims management, customer service and risk assessment, according to findings from a recent industry…
Data is rapidly becoming the central pillar of artificial intelligence-driven decision-making across the insurance industry, with insurers increasingly recognising that AI performance is only as strong as the data that…
[caption id="attachment_29915" align="alignleft" width="146"] Priyanshi Shah[/caption] Introduction The insurance industry is undergoing a profound transformation, driven by rapid advancements in technology and changing customer expectations. Once characterized by paper-based processes…