Reinsurance News
AI adoption drives productivity growth and opens business opportunities: Hiscox CFO Cooper
7th November 2025
Specialist insurer Hiscox’s multi-year collaboration with Google is serving as a central growth driver for the deployment of artificial intelligence (AI) and machine learning across its business, according to comments by the company’s CFO, Paul Cooper. Speaking about the firm’s AI adoption, Cooper highlighted that the partnership is delivering transformative results, ... Read the full article
Hyperscalers a level of opportunity we haven’t seen before: Aon CEO Greg Case
31st October 2025
The rapid advancement of data centre construction from the world's hyperscalers is a "monumental" opportunity for re/insurance broking group Aon and the wider risk transfer industry. And while it's still early days, President and Chief Executive Officer (CEO), Greg Case, said today that demand in this area could produce more ... Read the full article
McGill & Partners works with Google Earth AI for faster disaster response
24th October 2025
Insurance and reinsurance broker McGill & Partners is leveraging Google's cutting-edge AI and massive Earth observation data capabilities to enhance how they understand, model, and price global risks, particularly those related to climate and natural catastrophes. The broker is collaborating with Bellwether, a group of geospatial experts from X, Alphabet’s Moonshot ... Read the full article
INSHUR taps Google for cloud and generative AI
28th June 2023
On-demand insurance platform, INSHUR, has announced it is working with SADA, a leading business and technology consultancy and award-winning Google Cloud partner, to bolster global growth. According to the announcement, this joint effort will help enhance INSHUR’s Google Cloud strategy, enabling the business to bring new products to market more quickly, ... Read the full article
Swiss Re swaps Granular investment for stake in Google’s Verily
29th September 2022
Swiss Re has expanded its partnership with Verily by exchanging an investment in Granular Insurance Company for an equity stake in Verily. Following this transaction, Granular will be wholly-owned by Verily, which is the life sciences and healthcare subsidiary of Alphabet, the parent company of Google. Swiss Re previously made the investment ... Read the full article
Google and Travelers’ team up on ‘connected data ecosystem’
22nd September 2022
Google Cloud and Travelers' are to work together on a ‘connected data ecosystem’ that the two say will enhance the commercial insurance underwriting process. The partnership between the firms will, they said in a statement, will quickly synthesise vast amounts of information, helping Travelers' underwriters more efficiently evaluate risks for large-and-middle-market ... Read the full article
Google a potential threat to incumbent insurers, says GlobalData
26th April 2022
A survey conducted by GlobalData suggests that Google poses the greatest threat to insurers in the UK were it to offer end-to-end household insurance products. It's been touted for some time now that the likes of Google and Amazon, both of which have substantial brand recognition, enhanced digital capabilities and speedy ... Read the full article
KBRA sees opportunity for Swiss Re to invest more into Granular
29th December 2021
Analysts at KBRA have suggested that there is an opportunity for Swiss Re to invest additional capital into Granular Insurance Company, a recently established precision risk company created by Verily. Granular is an accident and health insurer that focuses on an precision risk-based employer stop-loss (ESL) market, which was set up ... Read the full article
Reinsurance tech adoption a mixed bag, but opportunity is huge: Webcast
5th November 2021
As the push for efficiency, digitalisation and innovation continues to gain traction in the global reinsurance industry, leaders and executives from across the risk transfer and technology sectors are optimistic about the future. Yesterday, we hosted a live webcast alongside sister publication Artemis, and in association with ... Read the full article
Swiss Re CorSo backs rebranded Granular Insurance by Google’s Verily
15th March 2021
Swiss Re Corporate Solutions, the commercial insurance arm of reinsurer Swiss Re, has completed an investment transaction in Granular Insurance Company, a precision risk company created by Verily. Verily is the life sciences and healthcare subsidiary of Alphabet, the parent of Google. Granular Insurance, which was previously called Coefficient Insurance Company, provides ... Read the full article
Google hires Nigel Walsh from Deloitte as MD Insurance
9th March 2021
Nigel Walsh, former Partner at consultancy Deloitte with a focus on InsurTech, has been appointed as the Managing Director of Insurance at Google. Walsh joins Google to lead the insurance business in North America with Yolande Piazza, VP Financial Services, Google Cloud. In his new role, Walsh will work alongside Dr. Henna ... Read the full article
Demotech assigns ‘unsurpassed’ rating to Coefficient
9th October 2020
Financial analysis firm Demotech has awarded Coefficient Insurance Company a Financial Stability Rating of Aʺ, A Double Prime, Unsurpassed. Coefficient provides self-funded employers with a data-based approach to employer stop-loss. The company is a Verily subsidiary and is backed by Swiss Re Corporate Solutions, the commercial insurance unit of the Swiss Re ... Read the full article
Google’s Verily launches insurance partnership with Swiss Re
25th August 2020
Swiss Re Corporate Solutions (Swiss Re CorSo), the commercial insurance arm of reinsurance giant Swiss Re, is backing a new Verily subsidiary focused on employer stop-loss called Coefficient Insurance Company. Verily is the life sciences and healthcare subsidiary of Alphabet, the parent of Google. The firm's new insurance subsidiary, Coefficient, has ... Read the full article
Brit & Google Cloud launch first algorithmically driven Lloyd’s Syndicate, Ki
13th May 2020
Specialty insurer and reinsurer Brit has collaborated with Google Cloud to launch Ki, a fully digital and algorithmically-driven Lloyd's of London syndicate designed to redefine the commercial insurance market as a 'follow-only' syndicate. The new standalone business is expected to launch in 2021, and the pair state that its creation marks ... Read the full article
Insurtech funding surges in 2018 as key players expand: Deutsche Bank
8th February 2019
Insurtech investment volumes increased by more than 60% between 2017 and 2018, while key players such as Lemonade and Amazon also expanded their operations over the year, according to analysts at Deutsche Bank. Deutsche Bank data shows that insurtech investments (across all stages) totalled US $2.6 billion during the first three ... Read the full article
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