Reinsurance News

AI

News and analysis on the use of artificial intelligence (AI) within the insurance and reinsurance industry.

Increasingly, the insurance and reinsurance market is adopting artificial intelligence (AI) to enhance its operations and make them more efficient, as well as in developing innovative new products and operating models for underwriting insurance and reinsurance risks.

BirdsEyeView launches AI Data Scrubbing to streamline hazard modelling

5th March 2026

BirdsEyeView, a European Space Agency-backed Insurtech specialising in natural catastrophe modelling and exposure management, has launched AI Data Scrubbing, a new capability designed to automate Statement of Values (SOV) data cleaning and geolocation to support large-scale hazard modelling. AI Data Scrubbing uses advanced artificial intelligence (AI) to clean, standardise and geolocate ... Read the full article

AI deployment in early stages, underwriters cautious on data centre opportunity, say analysts

5th March 2026

At the 2026 Association of Insurance and Financial Analysts (AIFA) conference, Autonomous analysts noted that AI adoption in insurance is still in its early stages, and also highlighted the strong interest in data centres, though underwriters remain cautious about aggregation exposure, limiting near-term growth potential. During the conference, analysts from Jefferies, ... Read the full article

Historic opportunity to use AI to transform insurance, say AXA execs

26th February 2026

Executives at global insurer AXA have described artificial intelligence (AI) as a historic opportunity to transform the insurance business, serving as a major lever for better risk pricing, improved service quality, and enhanced customer experience. During AXA’s Full Year 2025 earnings call, Group Chief Executive Officer Thomas Buberl said one of ... Read the full article

Munich Re and Swiss Re back Instnt and MKIII’s new fully-indemnified lending solution

26th February 2026

Global reinsurers Munich Re and Swiss Re have backed a new “Double-Indemnity” structure from Instnt, an AI-led identity fraud insurance provider, and MarkIII, Inc. (MKIII), an embedded lending enablement platform, as the two companies introduce a strategic partnership aimed at reshaping the $18 trillion US consumer lending market. Together, Instnt and ... Read the full article

Broker Hub says Anthropic’s Claude AI delivers 85% productivity gains

25th February 2026

A broad enterprise rollout of Claude, the AI platform developed by Anthropic, is now underway at Hub International Limited, an insurance brokerage and financial services firm. Anthropic, an artificial intelligence research and development company, is partnering with HUB to implement the platform across its workforce of more than 20,000 employees. The initiative ... Read the full article

Global AI adoption grows, but data protection & errors remain key challenges: Gallagher

24th February 2026

The widespread adoption of artificial intelligence (AI) continues to accelerate, with 82% of global businesses reporting positive impacts on their organisation, but data protection and errors remain the top challenges, according to Gallagher's third annual AI Adoption and Risk Survey. The survey of 1,200 global businesses highlights a rapid integration of ... Read the full article

Economic environment remains leading emerging risk in Q4’25, reports Gartner

23rd February 2026

Gartner, Inc., a research and advisory firm, reported that a low-growth economic environment remained the top emerging risk in the fourth quarter of 2025. The findings come from the company’s Quarterly Emerging Risk Report, which gathers perspectives from enterprise risk management leaders, risk and assurance professionals, auditors and senior executives on ... Read the full article

Jointly AI introduces autonomous insurance brokerage platform for UK personal lines brokers

23rd February 2026

Jointly AI, a UK-based insurance technology company focused on automating brokerage operations, has announced the release of Jointly AI Broker, an end-to-end autonomous AI platform developed for personal lines brokers in the United Kingdom. The company describes the product as a fully operational brokerage system rather than a conversational assistant. Instead ... Read the full article

Travelers to enhance customer experience with new Agentic AI Claim Assistant

20th February 2026

The Travelers Companies, Inc. has announced the launch of its AI Claim Assistant, a new solution developed using OpenAI model capabilities and APIs. Described as an industry-leading solution, this fully agentic intelligent voice service uses advanced language and speech recognition technologies to handle customer claim calls. This capability is initially being used ... Read the full article

BayPine to acquire US independent insurance broker Relation for AI-driven expansion

18th February 2026

BayPine, a private investment firm, has entered into a definitive agreement to acquire Relation Insurance Services, a US independent insurance broker, from Aquiline Capital Partners LP in an undisclosed transaction. According to the announcement, Relation’s management team, including Chief Executive Officer Tim Hall, will continue to lead the company. BayPine’s investment is ... Read the full article

Fuse introduces Radar: AI-driven market intelligence for insurance professionals

18th February 2026

Fuse International, Inc., a company specialising in data-driven solutions for the insurance sector, has launched Radar, an artificial intelligence-powered market intelligence platform aimed at enhancing decision-making for commercial and speciality insurance professionals. Fuse International, Inc. developed Radar to give brokers insight into which carriers are currently seeking particular risks, while enabling ... Read the full article

Artificial Labs introduces AgLabs to advance agentic AI in specialty insurance

17th February 2026

Artificial Labs (Artificial), a provider of digital broking and underwriting technology for specialty and commercial insurers, has launched AgLabs, a new division dedicated to research and product innovation. AgLabs will concentrate on the future of specialty insurance, examining how agentic artificial intelligence (AI) can transform interactions across the market. The unit ... Read the full article

mea Platform secures $50m growth investment from SEP

17th February 2026

mea Platform, an AI-driven insurance technology company, has announced a $50 million minority growth equity investment from SEP, a prominent investor in enterprise technology. Founded in 2021, mea focuses on applying artificial intelligence to the insurance industry, offering products designed to improve combined ratios and strengthen margins. The company, which has been ... Read the full article

Concirrus launches AI-native underwriting platform

16th February 2026

Concirrus, a specialist insurtech company, has officially launched Concirrus Inspire, an AI-native underwriting platform aimed at helping specialty insurers and managing general agents accelerate their processes while retaining control over underwriting appetite, exposure, and portfolio outcomes. Covering the entire underwriting lifecycle, from submission through binding and beyond, Inspire enables underwriters to ... Read the full article

Reassured partners with FOIL AI to advance data and AI strategy

11th February 2026

Reassured, the life insurance broker, has announced a partnership with data and AI consultancy FOIL AI aimed at enhancing its data infrastructure, expanding internal expertise and improving the customer experience across the insurance lifecycle. The agreement supports Reassured’s objective of operating with a stronger data-led approach. By applying advanced analytics and ... Read the full article