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.
AI advancing faster than expected as AIG builds multi-agentic solution: CEO Zaffino
1st May 2026
Peter Zaffino, Chairman and CEO of AIG, said artificial intelligence (AI) has advanced at a faster pace than expected over the past nine months, as he outlined the company’s next phase of AI deployment, focused on developing a multi-agentic solution with an orchestration layer coordinating specialised AI agents. During AIG’s First ... Read the full article
ACORD report highlights profitability gap driven by digital execution among global insurers
30th April 2026
ACORD, the international body responsible for insurance data standards, has released its 2026 Insurance Digital Maturity Study assessing how digital capability is being translated into business performance across the sector. The analysis covers 210 of the world’s largest insurers across property and casualty, life, and reinsurance lines, and identifies that only ... Read the full article
Data and AI give MGAs a competitive edge, says Xceedance’s Lillywhite
30th April 2026
In a recent interview with Reinsurance News, Gavin Lillywhite, Senior Vice President of Business Development at Xceedance, discussed how data analytics and generative AI (GenAI) can elevate the Managing General Agent (MGA) business model. “There has been much fanfare and hype in the market about the potential of agentic AI to ... Read the full article
Fuse introduces Mark, AI submission scoring system for commercial insurance using live market intelligence
30th April 2026
Fuse, an AI intelligence platform focused on the commercial insurance sector, has introduced Mark, a new solution designed to assess insurance submissions against live market data. The launch follows the company’s recent release of Watch, its live peril dashboard for commercial insurance, which maps active risk events across ... Read the full article
Aon identifies gap between AI ambition and workforce investment in Human Capital Trends Study
29th April 2026
Aon, a global professional services firm, has released its first Human Capital Trends Study, highlighting what it describes as a gap at the core of enterprise AI strategies. Aon indicates that while organisations widely accept that people will determine the success of AI, investment in workforce strategies is not keeping pace. Aon ... Read the full article
Duck Creek introduces insurance-focused Agentic AI Platform with new underwriting and claims tools
29th April 2026
Duck Creek Technologies, a provider of software for the property and casualty insurance industry, has introduced its insurance-native Agentic AI Platform, designed to allow insurers to build, manage and oversee AI agents across the insurance lifecycle. At the same time, Duck Creek Technologies has introduced two early applications built on the ... Read the full article
Marsh Risk launches AI-powered suite of analytics for faster, smarter risk management
29th April 2026
Insurance broker Marsh Risk, a business of Marsh, has announced the launch of Risk Companion, a new suite of AI-driven analytics tools designed to help clients more effectively and efficiently manage their unique risks. The platform leverages a proprietary AI engine that integrates Marsh’s global risk datasets with advanced actuarial modeling ... Read the full article
PPL introduces updated trading console to advance digital placement capabilities
28th April 2026
Placing Platform Limited (PPL), a London-based company providing digital trading solutions for the insurance sector, has released an updated version of its trading console, developed in partnership with Microsoft. The new console, embedded within Microsoft Outlook and Teams, is intended by PPL to serve as a central workspace for managing placements. ... Read the full article
Zurich appoints Amit Kalra to lead new Global Capability Center in India
28th April 2026
Large international insurer Zurich has launched a new Global Capability Centre in Hyderabad, India, and appointed Amit Kalra as Head of Zurich Capability Centres, effective 1 July 2026. The insurer stated that this move reinforces its focus on advancing technology and artificial intelligence (AI) capabilities to "transform" insurance. The new centre is ... Read the full article
Beazley finds growing gap between business confidence and cyber resilience as risks intensify
28th April 2026
Specialist insurer Beazley's Risk & Resilience: Cyber Threat and Tech Advances 2026 report, based on insights from 3,500 business leaders worldwide, identifies a clear disconnect between how organisations perceive their ability to withstand cyber incidents and the scale of the risks they face. Beazley finds that cyber risk remains the most ... Read the full article
IMA Financial Group places $4bn risk programme for AI-data centre company
27th April 2026
IMA Financial Group, a North American insurance brokerage firm, has completed a $4 billion property insurance placement on behalf of a publicly traded AI and high-performance computing (HPC) data centre company. The transaction, structured through a leading global property carrier, ranks among the largest single property placements in the digital infrastructure ... Read the full article
Insurance CROs flag cybersecurity as top risk while AI and data investment surge, EY/IIF survey finds
24th April 2026
A majority of insurance chief risk officers (CROs) expect cybersecurity to require the most attention over the next 12 months, while a significant proportion also place third-party and vendor cyber risk among their top five concerns, according to findings from EY, a professional services firm. The firm reports that many CROs ... Read the full article
Agam Capital and 1823 Partners collaborate on integrated capital and ALM capabilities for insurers
24th April 2026
Agam Capital, a global provider of insurance-related asset and liability analytics, and 1823 Partners (US) LLC, an asset management firm focused on insurance-led investment strategies, have entered into a long-term strategic partnership to support insurance companies worldwide. Agam Capital and 1823 Partners state that the collaboration is designed to provide insurers ... Read the full article
Lloyd’s Market Association & Barnett Waddingham launch AI Adoption Toolkit for MGAs
24th April 2026
The Lloyd’s Market Association (LMA), the body representing the interests of managing agents and Lloyd’s brokers, in collaboration with Barnett Waddingham, a professional services consultancy and part of Howden, has launched an AI Adoption Toolkit to support managing agents (MGAs) in developing and strengthening governance frameworks for artificial intelligence (AI) ... Read the full article
Reassured partners with Adviser.Ai to support digital transformation and customer experience
23rd April 2026
Reassured, a UK-based life insurance broker, has entered into a partnership with Adviser.AI to support its digital transformation strategy and improve the way it engages with customers. Adviser.AI is a cloud-based customer engagement and automation platform designed for the protection and insurance sector, enabling communication through channels such as email and ... Read the full article
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