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.
OAK Global targets profitable growth, leveraging AI and technology to empower underwriters: CEO Carr
3rd September 2026
Reinsurance News spoke with Oak Global Founder and CEO Cathal Carr around RVS 2026 in Monte Carlo, with the discussion focusing on how the reinsurance business is using the Lloyd’s market, technology and artificial intelligence to support its growth strategy. Oak Global is a Lloyd’s-focused reinsurance business operating through two syndicates, ... Read the full article
Viewing AI as a capacity creator rather than a cost-reduction tool can unlock greater value: mea Platform CEO
3rd September 2026
Re/insurers that view artificial intelligence (AI) as a capacity creator rather than simply a cost-reduction tool can unlock greater value from the technology, according to Martin Henley, CEO of mea Platform. In an interview with Reinsurance News ahead of the annual Rendez-Vous de Septembre in Monte Carlo, Henley emphasised that using ... Read the full article
Marsh and Resilience introduce Cyber Protect across Asia
2nd September 2026
Marsh, a global insurance broker and risk adviser, has partnered with cyber risk management company Resilience to launch Cyber Protect in Asia, an offering aimed at helping organisations identify significant cyber exposures before they result in financial losses. The solution is available exclusively through Marsh in Asia and brings together Marsh's ... Read the full article
Transition to SaaS key to modernise reinsurance core systems: Sapiens
27th August 2026
The reinsurance market has long relied on legacy spreadsheets and manual administration, often lagging behind broader digital transformation. Today, though, the merging of cloud-native Software as a Service (SaaS) and artificial intelligence (AI) is driving an essential modernisation across the sector, according to Sapiens. Sapiens, a global provider of software solutions ... Read the full article
AI-driven cyber vulnerability discovery becomes leading emerging risk, Gartner reports
26th August 2026
Gartner, Inc., a business and technology research and advisory organisation, has ranked AI-enabled discovery of cyber vulnerabilities as the leading emerging risk for organisations worldwide in the second quarter of 2026. The finding is included in Gartner’s latest Quarterly Emerging Risk Report, where the company surveyed 316 senior executives and risk ... Read the full article
Fuse introduces AI-powered commercial insurance market intelligence via new Terminal platform
25th August 2026
Fuse, an AI-powered market intelligence company focused on commercial insurance, has launched Fuse Terminal, a new workspace designed to give insurance professionals access to market intelligence, analysis and underlying filing information through a single interface. Terminal has been developed over two years to provide a more consolidated way of assessing the ... Read the full article
AI reshaping cat modelling as re/insurers seek more current risk insight, reports KCC
19th August 2026
Karen Clark & Company (KCC), a catastrophe risk modelling firm serving re/insurers and insurance-linked securities investors, says artificial intelligence could significantly change how catastrophe models are developed and updated, with implications for reinsurance pricing, underwriting and capital management. In a white paper published in August 2026, KCC says catastrophe modelling is ... Read the full article
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
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