Insurance sector’s AI ambition outpaces action, report finds

AutoRek, a financial operations automation platform, has revealed that 82% of insurers believe AI will dominate the industry's future, yet just 14% have fully integrated it into their financial operations, exposing a stark divide between ambition and real-world adoption across the sector.

Insurance sector’s AI ambition outpaces action, report finds

March 18, 2026

AutoRek, a financial operations automation platform, has revealed that 82% of insurers believe AI will dominate the industry's future, yet just 14% have fully...

In the first half of 2025, natural disasters caused around $131bn in potential insurance losses globally. Only about $80bn of that was insured. What remains is an uninsured black hole larger than the GDP of Bahrain.

How extreme weather is widening insurance protection gaps

March 18, 2026

In the first half of 2025, natural disasters caused around $131bn in potential insurance losses globally. Only about $80bn of that was insured. What...

Akur8, a global actuarial AI platform, has acquired Slope Software, a cloud-native actuarial modelling provider for life insurers and pension firms, expanding its capabilities into the life and annuity market.

Akur8 acquires Slope Software to expand into life insurance

March 17, 2026

Akur8, a global actuarial AI platform, has acquired Slope Software, a cloud-native actuarial modelling provider for life insurers and pension firms, expanding its capabilities...

Novidea, a global cloud-native insurance platform provider, has released a platform update designed to reduce manual rework, improve data integrity, and accelerate high-volume processing across policy, claims, bordereaux, and accounting workflows.

Novidea enhances platform for complex insurance operations

March 17, 2026

Novidea, a global cloud-native insurance platform provider, has released a platform update designed to reduce manual rework, improve data integrity, and accelerate high-volume processing...

US cemented its place as the main global InsurTech hub with 53% of all...

March 17, 2026

Key global InsurTech investment stats in 2025: Global InsurTech deal activity dropped by 5% YoY in 2025 US companies secured 53% of all deals...

Skipton Building Society has partnered with LifeSearch, a leading protection specialist, in a strategic move from a single-tie arrangement to a broker model, broadening members’ access to life, critical illness, and income protection products.

Skipton partners with LifeSearch to expand protection advice

March 17, 2026

Skipton Building Society has partnered with LifeSearch, a leading protection specialist, in a strategic move from a single-tie arrangement to a broker model, broadening...

Ortec Finance has announced the launch of GLASS PRISM, a Strategic Asset Allocation (SAA) optimisation tool powered by its Scenario-Based Machine Learning (SBML) methodology, designed to help insurers and other institutional investors better align investment strategy with balance sheet objectives.

Ortec Finance launches GLASS PRISM to optimise insurer asset allocation

March 17, 2026

Ortec Finance has announced the launch of GLASS PRISM, a Strategic Asset Allocation (SAA) optimisation tool powered by its Scenario-Based Machine Learning (SBML) methodology,...

Austin-based insurance firm Steadily has launched a ChatGPT app that delivers instant insurance premium estimates directly within the AI platform.

Steadily launches ChatGPT app for instant landlord quotes

March 17, 2026

Austin-based insurance firm Steadily has launched a ChatGPT app that delivers instant insurance premium estimates directly within the AI platform. The new app allows property...

Willis teams with Qover for embedded insurance solutions

March 17, 2026

Willis, a WTW business, has partnered with Qover, a European embedded insurance orchestration platform, to expand its GB Affinity technology ecosystem and deliver faster,...

For years, artificial intelligence has quietly tiptoed in the background of insurance claims, surfacing information, flagging risks and helping humans make decisions, but rarely taking action itself. That is beginning to change. Those stealthy steps are now becoming bashful plods, as AI's impact on the decision-making process surges.

Insurance claims rewired: The rise of agentic AI

March 17, 2026

For years, artificial intelligence has quietly tiptoed in the background of insurance claims, surfacing information, flagging risks and helping humans make decisions, but rarely...