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.
AI’s most immediate value is helping underwriters see portfolios more clearly, says Mandarin Re’s Grishin
29th June 2026
Mikhail Grishin, Chief Operating Officer at Malaysia-based reinsurance company Mandarin Re, suggests one of the biggest values of artificial intelligence (AI) in reinsurance is its ability to provide greater clarity over underwriting portfolios, enabling firms to identify where underwriting time is best spent and improve the speed and quality of ... Read the full article
CFC introducing affirmative AI coverage
26th June 2026
Responding to customer demand, specialist insurance provider CFC has launched a programme of updates to embed affirmative artificial intelligence (AI) coverage within its portfolio. By implementing explicit AI-related language across seven key policies, this rollout provides clients with certainty on the handling of AI related risks, moving away from reliance on ... Read the full article
hyperexponential supports Allianz Commercial’s global pricing and underwriting modernisation
25th June 2026
hyperexponential (hx), a technology provider specialising in AI-native pricing and underwriting solutions for commercial insurers, has extended its partnership with Allianz Commercial as part of the insurer’s ongoing multi-year pricing and underwriting modernisation programme. According to hyperexponential, its platform has now been implemented across Allianz Commercial’s key lines of business, with ... Read the full article
Reliance Global strengthens leadership team to advance AI insurance initiatives
24th June 2026
Reliance Global Group, Inc., a US insurtech company focused on acquiring and supporting independent insurance agencies through a technology-based platform, has announced several senior appointments as it pursues plans involving artificial intelligence across its insurance operations and product development activities. The company has appointed Judah Korman as Chief Operating Officer, Zack ... Read the full article
Majesco points to accelerating AI adoption reshaping insurance operating models
24th June 2026
Majesco, a provider of AI-native and cloud-native software solutions for the insurance industry, has released a new thought leadership report examining insurers' strategic priorities for 2026. Titled Strategic Priorities 2026: The Frontier Insurer in the Intelligent Era of Insurance, the report is based on Majesco's primary research into how insurers are ... Read the full article
BMS establishes Global Capability Centre in Mumbai led by Nipun Mapara
23rd June 2026
BMS Group, an independent global insurance and reinsurance broker, has established a Global Capability Centre (GCC) in Mumbai, led by Nipun Mapara as Managing Director (MD), with Sanjeev Poojari appointed as Head of Operations. The new centre marks a significant step in the broker’s long-term strategy to build data, analytics, and ... Read the full article
Earnix launches AI orchestration system to improve insurers’ decision-making
22nd June 2026
Earnix, a Dynamic-AI platform for insurance, has announced the launch of AIOS, the AI Orchestration System for Insurance, bringing intelligence, agents, models, workflows, governance, and human oversight into a single decisioning engine designed to improve insurer performance. AIOS extends Earnix’s intelligent decisioning capabilities across the insurance lifecycle, enabling insurers to apply ... Read the full article
Lloyds Bank survey finds insurers prioritising liquidity strength as financial sector confidence rises
18th June 2026
Lloyds Bank, a leading UK financial services provider serving businesses, institutions and retail customers, has released the results of its 10th annual Financial Institutions Sentiment Survey. The research captures the views of more than 100 senior leaders from across the UK's banking, insurance, private equity, asset management and wealth management sectors. The ... Read the full article
AI set to influence home and motor insurance renewals as consumers turn to digital agents, Accenture finds
17th June 2026
Accenture, a global professional services company, reports that artificial intelligence is becoming a significant factor in how consumers choose and renew home and motor insurance, with more than 70% of people expected to be influenced by AI in their insurance decisions within the next 12 months, according to its latest ... Read the full article
Aon’s new AI platform to help insurers rapidly assess exclusions in reinsurance contracts
16th June 2026
Aon, a major global professional services and consulting firm, has launched a new artificial intelligence (AI) platform, Contract AI, designed to enhance contract certainty through the rapid analysis of reinsurance coverage. Contract AI interrogates Aon’s entire U.S. and Canada contract database from the past three years in real-time to identify global ... Read the full article
Willis report finds cyber insurance covers majority of data breach and first-party losses
16th June 2026
Willis, the insurance brokerage, risk advisory and risk management business within WTW, has released new research indicating that cyber insurance continues to provide significant financial protection against cyber incidents. In its latest report, Cyber claims in focus – getting value from cyber insurance, Willis found that insurance covers more than 95% ... Read the full article
Sixfold introduces AI underwriter to support insurance underwriting decisions
15th June 2026
Sixfold, a provider of artificial intelligence solutions for the insurance industry, has announced the launch of its AI Underwriter, a new technology platform designed to assist insurers with underwriting analysis, risk assessment and decision support throughout the submission process. The launch follows Sixfold’s $30 million Series B funding round announced earlier ... Read the full article
55% of UK insurers have integrated AI but face execution gap: Earnix
15th June 2026
More than half (55%) of UK insurers have already integrated artificial intelligence (AI) into core business functions, but many are now confronting the industry's growing "AI execution gap", according to a recent report from Earnix, a Dynamic-AI platform for insurance. Earnix’s survey is based on insights from more than 400 global ... Read the full article
DXC to leverage Anthropic’s Claude for mission-critical enterprise systems
11th June 2026
DXC Technology, a global technology firm with a specialism in insurance and reinsurance, has entered into a multi-year global partnership with Anthropic, an artificial intelligence (AI) safety company and creator of Claude. Through this joint initiative, DXC has become one of the few Global Premier partners in the Claude Partner Network, ... Read the full article
Gallagher Re calls for improved AI model assessment methods to support insurance risk pricing
10th June 2026
Gallagher Re, a global reinsurance broker and advisory firm, has highlighted the need for more advanced methods of evaluating artificial intelligence systems in order to build greater confidence among insurers when pricing AI-related risks. In its standalone report, Anthropic’s Fourth Way: Why Restricted AI Models Are a Challenge for Insurers, Gallagher ... Read the full article
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