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.
CEO John Doyle expects Marsh to be an ‘AI winner’
17th April 2026
John Doyle, President and CEO of global insurance and reinsurance broking group Marsh, said he expects the firm to be an “AI winner,” as it leverages its scale and capacity to invest in artificial intelligence (AI) to drive even greater value, from its proprietary data assets to its role as ... Read the full article
AI adoption & governance accelerate across Lloyd’s market: LMA
17th April 2026
The Lloyd’s Market Association (LMA), in collaboration with Barnett Waddingham and the LMA Risk Next Generation Committee, has published a survey finding that artificial intelligence (AI) is now used across much of the Lloyd’s market, with 93% of firms having or developing formal AI frameworks to support adoption. The survey is ... Read the full article
Capgemini report finds physical AI expected to scale within five years despite deployment barriers
16th April 2026
Capgemini Research Institute, the research division of the Capgemini, has published the report Physical AI: Taking human-robot collaboration to the next level, examining how advances in artificial intelligence are shaping robotics and the potential business value that may result. The report describes physical AI as a transition from traditional automation towards systems ... Read the full article
Aon lifts Data Center Lifecycle Insurance Program capacity to $3.5bn
15th April 2026
Global insurance and reinsurance group Aon has expanded its proprietary Data Center Lifecycle Insurance Program (DCLP) by an additional $1 billion, increasing total capacity to $3.5 billion. At the same time, the broker has expanded the programme to include coverage for existing data centres that are past their first year of ... Read the full article
Rising demand for data centre insurance could generate $10bn in new premiums in 2026: S&P
14th April 2026
A new report from S&P has suggested that rising demand for data centre insurance coverage could generate $10 billion in new premiums in 2026, highlighting the market’s growing significance and the scale of the opportunity for the global re/insurance industry. The rating agency also indicated that annual investment in data centres ... Read the full article
DXC Technology introduces Assure Smart Apps to accelerate insurers’ digital transformation
13th April 2026
DXC Technology, a global technology services provider, has introduced new Assure Smart Apps built on ServiceNow, designed to help insurers accelerate AI-powered transformation. Launched at the DXC Connect Insurance Executive Forum in March 2026, the Assure Smart Apps combine DXC’s insurance expertise with ServiceNow’s agentic AI and workflow technology to deliver ... Read the full article
Gartner forecasts surge in AI-related legal claims and urges stronger insurance strategies
13th April 2026
Gartner, a research and advisory company specialising in business and technology insights, has projected that more than 2,000 legal claims linked to so-called “death by AI” incidents will be brought worldwide by the end of 2026. The prediction reflects a growing awareness of the legal and financial consequences associated with the ... Read the full article
Aon integrates new AI benchmarks into Radford McLagan Compensation Database
10th April 2026
As demand for artificial intelligence (AI) talent and roles intensifies across industries, global insurance and reinsurance broking group Aon has launched enhancements to its Radford McLagan Compensation Database. The new platform capabilities integrate data, real‑time insights and automation to deliver a seamless experience for HR leaders. It now reports AI-specific job families, ... Read the full article
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
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