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.

Atrium partners with Sofix to launch AI-powered BrokerBrief for claims operations

10th April 2026

Atrium, a specialist insurer operating within the Lloyd’s market, has partnered with insurtech provider Sofix to introduce BrokerBrief, an AI-driven solution designed to enhance claims handling. The deployment brings automated claim analysis and summarisation into Atrium’s processes across all classes of business. Developed by Sofix and integrated into Atrium’s existing claims management ... Read the full article

Fuse introduces Contractors and Construction vertical to expand insurance intelligence platform

8th April 2026

Fuse, an AI-powered commercial insurance intelligence platform, has launched its Contractors and Construction vertical, which the company says broadens its always-on data infrastructure across key construction-related insurance lines. Fuse describes its platform as delivering continuously updated intelligence across General Liability, Workers’ Compensation, Builder’s Risk, Surety, Professional Liability and Pollution, using multiple ... Read the full article

Aon strengthens digital infrastructure capabilities with appointments of Stephen Fox & Brian Hearst

2nd April 2026

Global insurance and reinsurance broking group Aon has bolstered its Digital Infrastructure Lifecycle Solutions Advisory with the appointment of Stephen Fox as Managing Director, while Brian Hearst takes on the role of Global Digital Infrastructure Builders Risk Leader. With the growing demand for data centres, cloud capacity, and artificial intelligence (AI) ... Read the full article

AIG CEO doubles down on AI strategy amid complex risk landscape

1st April 2026

In a letter to shareholders accompanying AIG’s annual report, chairman and CEO Peter Zaffino emphasised the firm's commitment to accelerating its AI strategy and strengthening long-term growth. He framed this ambition against an increasingly complex operating environment, shaped by an evolving risk landscape, geopolitical tensions, persistent inflation uncertainty, heightened catastrophe activity, ... Read the full article

CRC aims to redefine how specialty insurance is placed with new AI-powered engine

31st March 2026

CRC Group, an independent wholesale specialty insurance distributor, has launched REDY INTEL, a new AI-powered engine embedded within CRC’s REDY platform. REDY INTEL has been designed to transform how specialty risks are analysed, positioned, and placed by turning data into real-time, actionable insight across every workflow. It enhances every interaction across the ... Read the full article

Qover raises $12m from CIBC as it celebrates ten years in embedded insurance

31st March 2026

Qover, a Belgium-based insurtech company specialising in embedded insurance orchestration, has secured a $12 million growth capital facility from CIBC Innovation Banking as it marks its tenth year in operation. The company reports that this latest financing brings its total funding to more than $100 million since its founding. Qover explains that ... Read the full article

Agentic AI poised to shape both offensive and defensive cyber measures: Munich Re

26th March 2026

With the use of agent-based AI becoming mainstream, Munich Re has suggested the technology is poised to shape the scope, speed and precision of offensive and defensive cyber measures alike. The global reinsurer’s recently released report, Cyber Insurance: Risks and Trends 2026, has highlighted a world defined by geopolitical tensions, armed ... Read the full article

Pacific Life survey finds AI improving efficiency as underwriting faces talent gap

26th March 2026

Pacific Life, a US-based provider of life insurance and annuity products, has released findings from its 2026 Underwriting Outlook Survey, offering insight into how underwriting is evolving across the life insurance sector. Pacific Life reported that the survey gathered responses from more than 100 senior underwriting and insurance executives and was ... Read the full article

Fuse expands beyond crop insurance with AI-powered Agriculture vertical

25th March 2026

Fuse, an AI-powered commercial insurance intelligence platform, has launched a new Agriculture vertical, designed to cover the complete Ag & Rural insurance landscape, giving brokers and carriers continuous, actionable intelligence across every coverage category. The Agriculture vertical represents Fuse's first fully audited industry release, establishing the model for the platform's systematic ... Read the full article

Gallagher Re report warns traditional insurance is failing to cover AI-related liabilities

24th March 2026

Gallagher Re, the global reinsurance broker, has released a new white paper in partnership with Massachusetts Institute of Technology and Testudo stating that existing insurance frameworks are not equipped to deal with risks arising from artificial intelligence (AI). Gallagher Re states that as businesses integrate AI systems into everyday operations, they ... Read the full article

Insurers using advanced analytics and AI deliver stronger results: WTW survey

19th March 2026

North American property and casualty (P&C) insurers that invested more resources into advanced analytics and AI generated higher profitability and stronger premium growth, according to a new survey from WTW. WTW’s 2026 Advanced Analytics & AI Survey asked 59 P&C insurers in the US and Canada, drawing insights from senior executives ... Read the full article

Munich Re’s HSB launches AI Liability Insurance for small businesses

19th March 2026

HSB, a specialty insurer and part of Munich Re, has introduced a new liability insurance coverage that protects businesses from lawsuits arising from the use of artificial intelligence (AI) technologies. The AI Liability Insurance is designed for small and medium-sized companies, which increasingly rely on AI to boost productivity, reduce costs, ... Read the full article

AI editing tools linked to rising insurance fraud, Verisk reports

18th March 2026

Artificial intelligence-powered editing tools are becoming a routine part of digital life, and data analytics and technology provider Verisk reports that their growing use is now influencing behaviour within insurance claims. In its latest Verisk State of Insurance Fraud study, the company states that 36% of consumers would consider altering a ... Read the full article

Markel International names Maureen Tomlinson as Head of AI and introduces AI Centre of Enablement

16th March 2026

Markel International, the international insurance business of Markel Group Inc., has appointed Maureen Tomlinson as Head of Artificial Intelligence and announced the creation of an AI Centre of Enablement. Markel International forms part of Markel Group’s global insurance operations and provides specialist insurance solutions across a range of sectors and regions. ... Read the full article

McGill and AIG collaborate to transform subscription market with AI-driven underwriting

16th March 2026

McGill and Partners and AIG have teamed up in the subscription market to give clients seamless access to high-quality insurance solutions, supported by long-term capacity and managed with agentic AI. As part of the collaboration, AIG conducted a detailed review of McGill and Partners’ specialty portfolio, reportedly confirming its strength and ... Read the full article