Industry News

SageSure, a leading managing general agent in catastrophe-exposed insurance markets, has announced a definitive agreement to acquire GeoVera Advantage Insurance Services, from GeoVera Insurance...

Zurich Insurance Group AG has taken a bold step by announcing it will cease to underwrite new oil and gas projects going forward. 

The buzz around Generative Artificial Intelligence (AI) in the insurance sector is undeniable. Each keynote, panel, and networking break at business conferences seem to...

Healthcare costs continue to be a major concern across the globe, with a slight dip projected in 2024, offering a glimmer of hope. dacadoo, a digital health technology platform that puts the customer engagement at the centre of business, recently explored how digital health technology can help insurers become 'affordability champions.' 

In an unprecedented move, ZeroEyes, known for its pioneering AI gun detection technology, has been welcomed into the coveted Lloyd's Lab Accelerator program, marking...

Chubb Personal Risk Services (PRS), known for its commitment to providing exceptional insurance services, has announced the launch of an innovative self-service Flood Insurance System.

The advent of machine learning (ML) and artificial intelligence (AI) has revolutionised the predictive analytics landscape. Yet, as we leverage these advancements, the imperative...

The evolution from manual to automated systems in the insurance industry marks a significant leap towards efficiency and precision. This transition, driven by the need to overcome the limitations of traditional underwriting methods, has paved the way for a new era of insurance operations. An automated underwriting system stands at the forefront of this transformation, leveraging advanced analytics and algorithms to streamline decision-making and risk assessment processes.

The landscape of the insurance industry is undergoing a profound transformation, driven by rapid technological advancements.

IntellectAI has recently announced the launch of a new technology which may have the potential to revolutionize the insurance industry.