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.
Majesco research finds growing gap between insurer priorities and customer protection needs
18th August 2026
Majesco, a provider of AI-native and cloud-native software for the insurance industry, has published its latest research examining the growing gap between insurer priorities and customer protection needs. The findings are detailed in Majesco’s latest thought leadership report, The Insurance Alignment Gap: Where Insurer Priorities and Customer Protection Needs Converge…and Diverge. ... Read the full article
Retail P&C most vulnerable to AI disruption within insurance sector: Moody’s
18th August 2026
While artificial intelligence (AI) is delivering tangible gains for property and casualty (P&C) insurers, retail P&C distribution is the area most vulnerable to near-term disruption due to its high transaction volumes, routine processes and the commoditised nature of its services, according to Moody’s Ratings. In a recent report, Moody’s outlined that ... Read the full article
AI adoption in reinsurance likely to remain gradual despite growing enthusiasm: AM Best
14th August 2026
While artificial intelligence (AI) adoption in reinsurance will likely remain gradual due to key challenges, it is becoming a major differentiator for companies that successfully incorporate it into underwriting, claims, and operations alongside appropriate governance and risk controls, AM Best highlights in a recent report. AI has rapidly become one of ... Read the full article
Swiss Re and SAS partner to support insurers with AI-driven risk intelligence
13th August 2026
Swiss Re, the global reinsurance provider, has entered into a strategic partnership with SAS, a provider of data and artificial intelligence technologies, to help insurers improve how they assess, price, and manage risk. The partnership will bring together Swiss Re’s catastrophe risk expertise and CatNet natural catastrophe intelligence with SAS’ AI, ... Read the full article
Axle secures $17.5m Series A as insurtech company expands automated platform
13th August 2026
Axle, a technology company developing an AI-native clearinghouse for the insurance industry, has raised USD $17.5 million in Series A funding as it expands its platform for automating insurance verification and policy-related processes. The funding round was led by Base10 Partners, with further investment from existing backers Y Combinator and Gradient. ... Read the full article
Data centre insurance market forecast to exceed $24bn by 2030: Allianz
12th August 2026
The global data centre insurance market is forecast to more than double to over USD $24 billion by 2030, as the rapid expansion of artificial intelligence infrastructure increases the value, complexity and concentration of risks faced by insurers, according to Allianz Commercial, the commercial insurance business of Allianz Group. Allianz Commercial ... Read the full article
FurtherAI hires Zachary Hirsch as SVP of Sales
10th August 2026
FurtherAI, an insurance AI platform, has announced the appointment of Zachary Hirsch as Senior Vice President of Sales. The company’s AI agents automate complex workflows across submissions, underwriting, policy administration, audits, and claims, enabling insurance professionals to spend more time applying their expertise and serving customers. In his new role, Hirsch will ... Read the full article
Cytora and Octave partner to strengthen AI-powered operations for MGAs
7th August 2026
Cytora, a UK insurance technology company that develops digital risk processing software for insurers, brokers and managing general agents (MGAs), has entered into a strategic partnership with Octave Specialty Group, a specialty insurance platform that invests in, acquires and grows MGAs. As part of the agreement, Cytora will provide its AI-powered ... Read the full article
Buyers benefit from strong capacity while insurers tighten risk selection, Aon reports
6th August 2026
Aon, a global professional services firm specialising in risk, retirement and health solutions, has released its Q2 2026 Global Insurance Market Overview, highlighting a continued favourable environment for commercial insurance buyers. The report found that strong insurer capacity, competition and high levels of industry capital continued to support softer market ... Read the full article
Swiss Re CEO says AI is core to Group strategy as re/insurance demand increases
6th August 2026
As demand for insurance and reinsurance continues to rise, in terms of both risk transfer and risk expertise, industry giant Swiss Re has made artificial intelligence (AI) a core pillar of its Group strategy, enabling the firm to better capture growing demand and assist clients in an increasingly complex risk ... Read the full article
Zurich gets $1bn reinsurance protection for data centres as profit hits all-time high of $4.8bn
6th August 2026
For the first half of 2026, large insurer Zurich has reported accelerated growth across all areas, with momentum propelled by specialty, middle market, life and farmers, where demand is being driven by technology advancements, construction, evolving protection needs and shifting market dynamics. To comply with this growing demand, Zurich has entered ... Read the full article
CLARA Analytics launches new integration between its Triage platform and CLARA DocIntel Pro
5th August 2026
CLARA Analytics, a provider of artificial intelligence (AI) technology for commercial insurance claims optimisation, has introduced new integration between its market-leading Triage platform and CLARA DocIntel Pro. This is the industry’s first true unification of document intelligence and predictive claims analytics on a singular platform, demonstrating an automated data path to ... Read the full article
AI expected to deliver gradual benefits and new risks for the insurance sector: Moody’s
5th August 2026
Moody's Ratings, a global credit ratings and financial analysis company, believes artificial intelligence (AI) has the potential to improve efficiency and reshape the insurance sector over the long term. In its latest report, the company says insurers are already introducing AI into selected areas of their operations, although the financial benefits ... Read the full article
Jessica Fields to lead Marsh Risk’s US Semiconductor and AI Compute Practice
4th August 2026
Marsh, the global insurance broker and risk advisory business, has announced the appointment of Jessica Fields to lead Marsh Risk’s US Semiconductor and AI Compute Practice. In this newly created role, Fields will be based in New York and will deliver tailored risk advisory and insurance solutions to clients across the ... Read the full article
Lockton expands availability of AI-enabled intelligence platform across US business
4th August 2026
Lockton, a privately held insurance brokerage and risk management firm, has announced that its Lockton SAGE enterprise intelligence platform is now being made available more widely across its US business. The platform has been developed to combine Lockton’s proprietary data, advanced analytics, AI-enabled technology and specialist knowledge to help clients make ... Read the full article
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