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.

Zurich to revolutionise insurance business model with newly launched AI Lab

29th October 2025

Zurich Insurance Group, in collaboration with the University of St. Gallen, is reimagining the future of insurance with its newly launched artificial intelligence (AI) Lab, Zurich AI Lab, aimed to accelerate industry transformation. Led by Group CEO Mario Greco, this ambitious move “signals a new era” in the delivery and customer ... Read the full article

McGill & Partners works with Google Earth AI for faster disaster response

24th October 2025

Insurance and reinsurance broker McGill & Partners is leveraging Google's cutting-edge AI and massive Earth observation data capabilities to enhance how they understand, model, and price global risks, particularly those related to climate and natural catastrophes. The broker is collaborating with Bellwether, a group of geospatial experts from X, Alphabet’s Moonshot ... Read the full article

Aon launches AI-powered supply chain risk consulting solution

23rd October 2025

Aon plc, a professional services firm, announced the launch of a new AI-powered supply chain risk consulting solution. The offering builds on Aon’s existing supply chain diagnostics and applies predictive analytics to identify potential risks, helping organisations manage complex and interconnected supply chains with improved accuracy and responsiveness. Using AI and advanced ... Read the full article

Re/insurance industry must capitalise on huge data centre opportunity: Turk, Lloyd’s

17th October 2025

Data centres offer re/insurers a massive opportunity due to their scale, but they also carry significant risks, and if the industry cannot quickly provide solutions that meet the needs of technology giants, these risks could move into captives, said Rachel Turk, Chief Underwriting Officer at Lloyd’s, the specialist insurance and ... Read the full article

AI-native insurer MGT closes $21.6m Series B funding round

17th October 2025

MGT, a vertically AI-native neo-insurer, has closed an oversubscribed $21.6 million Series B funding round led by new investor Mubadala Capital, with participation from Clocktower Ventures, Tacora Capital, and existing backers. The company said the new capital will support its mission to modernise commercial property and casualty (P&C) insurance and deliver ... Read the full article

CLARA Analytics unveils new offering service that transforms data into AI-ready assets

16th October 2025

CLARA Analytics, a provider of artificial intelligence (AI) technology for insurance claims optimisation, has launched CLARA Data Engineering as a Service (DEaaS), a new offering that transforms fragmented, siloed data into clean, AI-ready intelligence. By providing a solid data foundation, CLARA is paving the way for its next major platform advancement, ... Read the full article

ACORD Solutions expands automated sanctions screening capabilities in ACORD Transcriber

16th October 2025

ACORD Solutions Group, the technology arm of ACORD, has announced expanded features for automated sanctions screening within ACORD Transcriber, its intelligent document processing platform. The new Sanctions Screening capability extracts key data from insurance documents and sends it directly to LexisNexis or a client’s chosen screening provider for real-time compliance checks, ... Read the full article

Kalepa and AmRisc partner to advance AI-driven underwriting operations

14th October 2025

Kalepa, a company specialising in AI-powered underwriting solutions, has entered into a partnership with AmRisc, a catastrophe-focused Managing General Agent (MGA) in the US, to scale AmRisc’s underwriting operations. This collaboration follows an extensive evaluation process in which AmRisc reviewed multiple AI and automation providers within the insurance technology space. The assessment ... Read the full article

SIGNAL IDUNA to boost efficiency and optimise job functions with Gemini Enterprise

10th October 2025

SIGNAL IDUNA, parent company to reinsurer SI Re, has launched Gemini Enterprise from Google Cloud for its over 10,000 employees and sales partners, aiming to boost efficiency and optimise specific job functions through decentralised artificial intelligence agents. With the introduction of Gemini Enterprise, SIGNAL IDUNA moves beyond the capabilities of standard ... Read the full article

Sapiens partners with Linqura to integrate AI-powered underwriting for P&C insurers

10th October 2025

Sapiens International Corporation, an intelligent insurance SaaS-based software solutions company, has announced a new partnership with Linqura, a provider of sales and underwriting intelligence solutions for the commercial insurance industry. This partnership aims to empower P&C insurers to profitably scale their business insurance portfolio in all market conditions. It offers an Underwriting ... Read the full article

Insurers and asset managers strengthen cybersecurity oversight and expand budgets: Moody’s

9th October 2025

A survey conducted by Moody’s, the credit rating, research, and risk analysis firm, finds that cybersecurity remains a high priority for insurers and asset managers worldwide. The survey, which included responses from 102 companies across both sectors, indicates that organisations are adopting a multi-layered approach to cyber defence, with boards of ... Read the full article

Crystal Venture Partners closes $33m Fund I

9th October 2025

Crystal Venture Partners has closed $33 million Fund I, aimed to back early-stage companies modernising insurance, risk, and other complex systems through artificial intelligence (AI) and sector-specific innovation. Founded by solo GP Jonathan Crystal, Crystal Venture Partners specialises in ‘complex, highly regulated markets’, where new technology, like AI, is poised to ... Read the full article

Applied Systems unveils AI advancements aimed at revolutionising agency workflows

8th October 2025

Applied Systems has announced the next wave of innovation within its Applied Insurance AI™, which includes insurance-specific AI solutions designed to embed intelligence into agency workflows to drive productivity and profitability. Applied Insurance AI delivers connected, intelligent workflows across the entire Digital Roundtrip of Insurance, from sales and marketing to policy ... Read the full article

FurtherAI secures $25m Series A to transform insurance workflows with AI

8th October 2025

FurtherAI, an artificial intelligence (AI) startup for insurance, has announced that it has raised $25 million in a Series A funding round led by Andreessen Horowitz, aimed at automating insurance workflows with AI. This funding round follows the $5 million secured in the firm's seed round, which also included Nexus ... Read the full article

DXC launches AI-powered SaaS solution for small and mid-sized insurance brokers

7th October 2025

DXC Technology, a global technology services provider, has launched Assure Broking Essentials, a new AI-powered, multi-tenant SaaS solution, designed to help small and mid-sized insurance brokers. This new platform aims to address the challenges of a rapidly evolving insurance industry, where brokers face mounting pressure to digitize, meet rising customer expectations, ... Read the full article