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.
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
Davies launches new agentic AI features to its ClaimPilot product suite
7th October 2025
Davies, a specialist professional services and technology firm serving the insurance market, has unveiled new agentic artificial intelligence (AI) features to its ClaimPilot product suite designed to transform the claims process. The firm has developed and is deployed two new AI-agents that will assist casualty claims handlers and adjusters, freeing up ... Read the full article
9 in 10 businesses interested in insurance for Gen-AI-related risks: GA
2nd October 2025
Over 90% of businesses worldwide have expressed interest in insurance coverage for Generative AI (Gen AI) risks, with two-thirds willing to pay at least 10% higher premiums for such coverage, according to a new report by the Geneva Association. The Geneva Association surveyed 600 corporate insurance decision-makers across China, France, Germany, ... Read the full article
Verisk launches XactAI to streamline property claims processing
1st October 2025
Verisk, a provider of data analytics and technology solutions for the insurance, energy, and financial sectors, has introduced XactAI, a new suite of artificial intelligence tools aimed at improving the efficiency and consistency of property claims handling. XactAI is integrated into Verisk’s Xactware platform, widely used by insurance professionals and claims ... Read the full article
Swiss Re appoints Beat Kramer as Group AI Lead
29th September 2025
Global reinsurer Swiss Re has appointed Beat Kramer as Group AI Lead. In this new role, Kramer will lead the company’s AI journey by combining its Group-wide human expertise with its state-of-the-art data and technology foundation. He has spent the past 20 years at Swiss Re in various senior positions, including Head ... Read the full article
Genpact’s new AI-powered suite to help automate repetitive tasks for insurers
29th September 2025
Genpact, an agentic and advanced technology solutions company, has announced the launch of the Genpact Insurance Policy Suite for commercial and specialty business insurance, a new solution created to reinvent insurance buying. Part of Genpact's Service-as-Agentic-Solutions™ portfolio, it offers autonomous, AI-powered workflows to help insurers remove repetitive administrative tasks, shorten cycle ... Read the full article
Davies unveils new AI workbench to accelerate underwriting decisions
26th September 2025
Davies, a professional services and technology provider for the insurance and highly regulated markets, has unveiled its new AI Underwriting Workbench platform to deliver faster, data-driven decisions. The platform strengthens Davies’ existing underwriting practice, helping clients optimise their approach and overcome common pain points of traditional systems of record, including multi-carrier ... Read the full article
Planette launches new forecasting platform for insurance and financial industries
24th September 2025
Planette, an expert in long-range weather prediction, has announced the launch of Joro, a high-resolution forecasting platform designed for financial institutions and insurance providers. Unlike traditional forecasts, Joro provides full probability distributions for temperature and precipitation, helping companies model extreme weather scenarios with greater accuracy, the firm explains. The platform fills a ... Read the full article
Roosevelt Road Specialty and Neural Earth partner to advance property underwriting with AI
19th September 2025
Roosevelt Road Specialty, a Managing General Underwriter (MGU) that provides customised insurance solutions, has entered into a strategic partnership with Neural Earth Inc., a technology company specialising in artificial intelligence–driven geospatial risk analytics. The collaboration is focused on enhancing property underwriting by incorporating advanced data and analytics into decision-making processes. The agreement ... Read the full article
hyperexponential expands AI-powered pricing and underwriting platform with new launch
17th September 2025
hyperexponential (hx) has expanded its AI-powered platform with the launch of Triage, a new product that enables commercial P&C insurers to respond to broker submissions faster, prioritise the right risks, and write more profitable business. Triage joins Portfolio Intelligence and AI Agents to create the industry’s first fully integrated pricing and ... Read the full article
Verisk launches generative AI commercial underwriting assistant
16th September 2025
Verisk, a strategic data analytics and technology partner to the global insurance industry, has launched its Commercial GenAI Underwriting Assistant, a new cloud-based solution designed to transform commercial property underwriting. The tool aims to help insurers make faster, more informed decisions, enhancing profitability in an increasingly complex market. This new solution leverages ... Read the full article
Further consolidation likely as climate risks and technology transform the market: Urs Baertschi, Swiss Re
16th September 2025
Urs Baertschi, Chief Executive Officer of Property & Casualty Reinsurance at Swiss Re, emphasised that discipline and stability remain key for the reinsurance industry, with further consolidation likely as climate risks and technological shifts reshape the market. In our latest video interview, now available to watch in full,Read the full article
Canopius to leverage Kalepa’s AI-powered workbench to accelerate growth & innovation
15th September 2025
Global specialty re/insurer Canopius has partnered with Kalepa for its AI-powered underwriting workbench to accelerate growth and innovation across its lines of business in the US. The collaboration will see Canopius implement Kalepa’s underwriting workbench, which leverages artificial intelligence to streamline underwriting workflows, eliminates manual inefficiencies, and uncovers insights for risk ... Read the full article
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