Reinsurance News
Artificial intelligence in insurance and reinsurance news
Read all of our news on the growing use of artificial intelligence technologies in the insurance and reinsurance industry.
Artificial intelligence (AI) promises to enhance risk modelling and data analytics capabilities for insurers and reinsurers, while also offering new ways to deliver insurance and reinsurance products and support customers as well.
In addition to the use of artificial intelligence (AI) to enhance underwriting and operations, insurance and reinsurance market participants are also increasingly focusing on product development to provide risk transfer protection to support the AI and tech data centre build-out, seeing this as a significant and growing opportunity.
Lloyds Bank survey finds insurers prioritising liquidity strength as financial sector confidence rises
18th June 2026
Lloyds Bank, a leading UK financial services provider serving businesses, institutions and retail customers, has released the results of its 10th annual Financial Institutions Sentiment Survey. The research captures the views of more than 100 senior leaders from across the UK's banking, insurance, private equity, asset management and wealth management sectors. The ... Read the full article
AI set to influence home and motor insurance renewals as consumers turn to digital agents, Accenture finds
17th June 2026
Accenture, a global professional services company, reports that artificial intelligence is becoming a significant factor in how consumers choose and renew home and motor insurance, with more than 70% of people expected to be influenced by AI in their insurance decisions within the next 12 months, according to its latest ... Read the full article
Aon’s new AI platform to help insurers rapidly assess exclusions in reinsurance contracts
16th June 2026
Aon, a major global professional services and consulting firm, has launched a new artificial intelligence (AI) platform, Contract AI, designed to enhance contract certainty through the rapid analysis of reinsurance coverage. Contract AI interrogates Aon’s entire U.S. and Canada contract database from the past three years in real-time to identify global ... Read the full article
Willis report finds cyber insurance covers majority of data breach and first-party losses
16th June 2026
Willis, the insurance brokerage, risk advisory and risk management business within WTW, has released new research indicating that cyber insurance continues to provide significant financial protection against cyber incidents. In its latest report, Cyber claims in focus – getting value from cyber insurance, Willis found that insurance covers more than 95% ... Read the full article
Sixfold introduces AI underwriter to support insurance underwriting decisions
15th June 2026
Sixfold, a provider of artificial intelligence solutions for the insurance industry, has announced the launch of its AI Underwriter, a new technology platform designed to assist insurers with underwriting analysis, risk assessment and decision support throughout the submission process. The launch follows Sixfold’s $30 million Series B funding round announced earlier ... Read the full article
55% of UK insurers have integrated AI but face execution gap: Earnix
15th June 2026
More than half (55%) of UK insurers have already integrated artificial intelligence (AI) into core business functions, but many are now confronting the industry's growing "AI execution gap", according to a recent report from Earnix, a Dynamic-AI platform for insurance. Earnix’s survey is based on insights from more than 400 global ... Read the full article
DXC to leverage Anthropic’s Claude for mission-critical enterprise systems
11th June 2026
DXC Technology, a global technology firm with a specialism in insurance and reinsurance, has entered into a multi-year global partnership with Anthropic, an artificial intelligence (AI) safety company and creator of Claude. Through this joint initiative, DXC has become one of the few Global Premier partners in the Claude Partner Network, ... Read the full article
Gallagher Re calls for improved AI model assessment methods to support insurance risk pricing
10th June 2026
Gallagher Re, a global reinsurance broker and advisory firm, has highlighted the need for more advanced methods of evaluating artificial intelligence systems in order to build greater confidence among insurers when pricing AI-related risks. In its standalone report, Anthropic’s Fourth Way: Why Restricted AI Models Are a Challenge for Insurers, Gallagher ... Read the full article
Cyber, AI and economic pressures dominate insurance concerns in RiskScan 2026
9th June 2026
According to RiskScan 2026, a cross-market research study by the Insurance Information Institute (Triple-I) and Munich Re US, cyber incidents, economic pressures, and artificial intelligence have emerged as the top concerns across five key insurance market segments, underscoring the growing interconnectedness of modern risk. For the 2026 edition, Munich Re US ... Read the full article
Aon reports soft cyber and tech E&O insurance market amid growing risk challenges
8th June 2026
Aon, the global professional services firm specialising in risk, insurance, reinsurance, human capital and consulting services, has said that conditions in the cyber and technology errors and omissions (E&O) insurance market remain favourable for buyers, although insurers are becoming increasingly cautious as cyber threats continue to evolve. According to Aon, abundant ... Read the full article
AI and tech investment to drive next phase of growth for insurance brokers, says Moody’s Ratings
5th June 2026
Artificial intelligence (AI) and technology investment are expected to become increasingly important drivers of productivity and profitability for insurance brokers, according to Moody’s Ratings, the global credit ratings, research and risk assessment agency. While the sector is facing a period of slower growth as insurance pricing softens and economic conditions become ... Read the full article
Zurich expands its data centre insurance to five new countries
5th June 2026
Large primary carrier Zurich Insurance Group has expanded the availability of Data Centre Project Guard, a comprehensive insurance and risk management solution for large-scale construction projects, to meet growing global customer demand for coordinated protection. Following its successful U.S. debut, where Zurich underwrote more than 245 data centre construction projects in ... Read the full article
Navium Marine and Overhaul introduce Helix Consortium for AI data server cargo cover
2nd June 2026
Navium Marine, a marine specialist managing general agent operating through The Fidelis Partnership’s (TFP) Pine Walk platform, has worked with Overhaul, a global provider of cargo risk management solutions, to develop an insurance offering focused on real-time monitoring of AI infrastructure cargo. The arrangement is supported within the Lloyd’s of London ... Read the full article
Reinsurers face ‘operational inertia’ blocking AI-driven growth, says Accenture
29th May 2026
Accenture’s Stefan Sieger and Jeevan Thangudu argue that, despite strong earnings and well-capitalised balance sheets, many reinsurers are still struggling to translate favourable market conditions into sustainable, profitable growth—and to fully capture the value of artificial intelligence. The constraint, they suggest, is no longer capital, capacity or risk appetite. Instead, it ... Read the full article
Liberty Mutual launches carrier-backed conversational AI auto insurance quoting app in ChatGPT
29th May 2026
Liberty Mutual Insurance has launched a "first-of-its-kind" carrier-backed conversational AI auto insurance quoting app that enables ChatGPT users to receive a quote in minutes through a chat-based interaction instead of a traditional online form. According to the firm, which is reportedly the 7th largest auto insurer in the US, quotes are ... Read the full article
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