Sayata launchesAI-powered platform for enhancedriskassessment - Reinsurance News
Sayata, a marketplace for insurance brokers and carriers, has recently launched the Sayata Risk Engine: anAI-powered platform designed to …
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Swiss Re & Zurich address therisksthat Gen AI poses for the re/insurance industry
Reinsurance News As AI technology continues to progress further, especially with the rise in GenerativeAI(Gen AI), organisations across the re/insurance sector …
Increasing demand for audit coverage ofAI-relatedrisks- Reinsurance News
Reinsurance News Among the top sixriskslikely to receive increased audit coverage, three wereAI-related:AI-enabled cyberthreats,AI control failures, and …
Insurity and OIP Robotics partner to transform data processing through AI
Reinsurance News Insurity, a provider of cloud software for insurance carriers, brokers, and MGAs, has partnered with OIP Robotics (OIPR), an Insurtech data and …
AI brings systematic accumulationriskpotential towards portfolios: Munich Re's Berger
Reinsurance News Reinsurance News recently spoke to Michael Berger, Head of Insure AI at Munich Re, about how the reinsurer is addressing therisksinherent with the …
Preparing insurers for future Generative AI advancements: MAPFRE - Reinsurance News
...Artificial Intelligence(AI), aimed at mitigatingrisksand fostering a positive impact on society. The report, titled, “Exploring tomorrow: the …
More advanced & specialised conversational AI to be developed in the near term: AM Best
Reinsurance News And by being able to analyze large volumes of data in a short period,AI could provide real-timeriskassessments and make for faster decision-making, …
Aon acquiresAI-powered platform to strengthen commercial fleet proposition
Reinsurance News...risk. While managing overallriskand insurance costs, the AI powered platform provides actionable insights, that are based on driver, vehicle and …
Parametrix introduces AI monitoring capabilities to manage and mitigate BIrisks
Reinsurance News Managing general agent Parametrix, has expanded its capabilities to include real-time monitoring of the availability of Artificial Intelligence …
ABI launches guide to help firms in the insurance industry use AI responsibly
Reinsurance News At the same time, it also aims to help mitigate against the potentialrisksofAI– including unfair discrimination, bias and exclusion of consumers …
Risksin regards to data privacy could be exacerbated by the widespread adoption of AI: GILC
Reinsurance News Davidson, said: “Currently, insurance solutions tailored to therisksassociated withartificial intelligenceare still in the early stages of …
SCOR Korea partners with Lydia AI to enhance VUS and futurerisks- Reinsurance News
Reinsurance News Global reinsurer SCOR's South Korean branch has strategically partnered with Lydia AI, a health AI start-up, to augment SCOR's Virtual …
Insureds need to be aware of potential insurance gaps when using AI: Munich Re
Reinsurance News... AI (Gen AI) applications. A recent whitepaper released by the reinsurer explains how AI risksare usually excluded in traditional insurance …
NAIC 2024 strategic priorities to include AI, climaterisksand insurance marketing
Reinsurance News Climate and cyberrisks, as well as protection gaps and transparency among the National Association of Insurance Commissioners (NAIC), …
Vouch launches novel insurance product to help AI startups innovate faster
Reinsurance News According to the firm,AIInsurance offers coverage for financial losses from AI products or services, which includes top-of-mindriskslike large …
Swiss Re's Baertschi remains hopeful on positive impact of AI following WEF 2024
Reinsurance News“There should be some efficiencies overall also on theriskmanagement andriskmitigation side, so I'm still actually hopeful that there is a …
Regulatory challenges across energy,AI, and gaming industries: Clyde & Co
Reinsurance News Discrimination bias and privacy concerns are becoming keyrisks, with the potential for increased litigation. As companies rush to adopt AI technology …
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LCP highlights how CROs will help insurers navigate the changingrisklandscape
Reinsurance News Therisklandscape is said to be evolving in response to developments being seen within major areas such as,artificial intelligence(AI), …
Marsh launchesAI-poweredriskfinancing solution, Ready Cell - Reinsurance News
Marsh, an insurance broker,riskadvisor, and business of Marsh McLennan, has launched Ready Cell, ariskfinancing solution that "enables …
B.P. Marsh acquires 30% stake in AiMarine and commits £1.6m funding - Reinsurance News
The company is headquartered in London, with a distribution center in Scandinavia, reflecting its ambition to providerisksolutions to a global …
AI to play a significant role in both cybersecurity and insurance: Cowbell's Gupta
Reinsurance News As more organisations continue to apply and useartificial intelligence(AI) within their systems, the technology is expected to play "a crucial …
Generative AI will "continue to be the unknownriskin 2024", Beazley's Bantick
Reinsurance News Generative AI will “continue to be the unknownriskin 2024”, Beazley's Bantick ...Risksat global specialist insurer Beazley, has said. Beazley logo …