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.
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
CrowdStrike expands Project QuiltWorks with major insurance partners to address frontier AI financial risk
29th May 2026
CrowdStrike, a cybersecurity company, has announced an expanded phase of its Project QuiltWorks initiative, with the update extending the framework beyond frontier artificial intelligence security risk management to also cover related financial exposure. A key development in this expansion is the involvement of leading cyber insurance providers Coalition, Liberty Mutual Insurance, ... Read the full article
The Fidelis Partnership introduces ‘Analyst’ role to develop underwriters of the future: O’Hare & Davern
28th May 2026
The Fidelis Partnership has replaced the traditional ‘Underwriting Assistant’ title with ‘Analyst’ to reflect a shift towards developing future underwriters focused on innovation, faster decision-making, and client relationships, as AI increasingly automates menial administrative tasks. In an interview with Reinsurance News, Michael Davern, UK CUO, Group Head of D&F Property, Energy ... Read the full article
AI risk becoming a governance, liability and insurability challenge: Willis
28th May 2026
The growing integration of artificial intelligence (AI) is introducing new challenges around accountability, liability and insurability, with the rate of adoption outpacing existing AI governance frameworks, according to Willis’ latest Risk & Resilience Review. Willis noted that AI is embedded across workflows, from reading claims files and shaping underwriting judgement to ... Read the full article
Pace raises $46m to help customers scale agentic workforce
27th May 2026
Pace, the AI operations partner for the world’s largest insurers, has raised $46 million Series B, co-led by Thrive Capital and Sequoia Capital, with participation from Emergence Capital and Pruven Capital. According to the announcement, Pace will use this capital to help its customers scale their agentic workforce to tens of ... Read the full article
OAK Global launches ROOT Intelligence to drive technology innovation
27th May 2026
OAK Global, a global risk partner underwriting through two dedicated syndicates within Lloyd's, has announced the launch of ROOT Intelligence, a new technology company created to drive innovation. ROOT Intelligence combines specialist engineering, compliance, data science and AI expertise to build and scale proprietary tools that enhance technology-enabled risk insights. The ... Read the full article
Addresscloud adds Skyblu’s high-resolution European wildfire model
27th May 2026
Addresscloud, a UK geocoding and property intelligence expert, has adopted the high-resolution, pan-European wildfire risk model developed by Skyblu, an AI solutions provider. Skyblu’s high-resolution new model delivers 20-metre resolution risk scoring across Europe, offering significantly greater granularity than traditional datasets. This move comes as insurers prepare for another summer of elevated ... Read the full article
More than half of planned US data centres at high risk of severe convective storms: MS Amlin
26th May 2026
According to recent analysis from specialty Lloyd’s insurer MS Amlin, just over half (51%) of planned US data centre projects worth $670 billion are located in states at high risk of severe convective storms (SCS). MS Amlin’s analysis examined more than 670 data centre projects under construction or in planning across ... Read the full article
Markel International to modernise underwriting environment with hyperexponential partnership
22nd May 2026
Markel International, a division of Markel Insurance, the insurance operations within Markel Group Inc., has partnered with hyperexponential (hx) to modernise rating, underwriting workflows and integration architecture across its Canadian business. By integrating hx’s platform, Markel is investing heavily in a sophisticated, AI-native underwriting environment. At the same time, it secures hx’s ... Read the full article
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