Tag: Generative AI

Why generic AI agents fail the actuarial transparency test

The insurance industry is caught in an AI gold rush, but not everything that glitters is fit for actuarial work. As agentic AI shifts...

Majesco: Agentic AI shapes the future of insurance

Majesco, an AI-native and cloud-native software provider for the insurance industry, has published its latest thought leadership report examining how insurers are approaching artificial...

Insurance CEOs identify agentic AI as a value driver with 44%...

KPMG's Insurance CEO Outlook surveyed 110 insurance CEOs across 11 markets, all leading organisations with revenues above $500m 44% of CEOs expect agentic...

Turning AI promise into business performance

Artificial intelligence (AI) has moved from hype to boardroom priority in financial services and insurance, but the challenge now lies in translating potential into...

When generic AI isn’t enough: why insurance needs its own brain

Insurance companies may be eager to adopt generative AI capabilities, but generic models often fail to grasp the industry’s complexities

Cytora powers TransRe’s digital reinsurance shift

TransRe has joined forces with digital risk processing platform Cytora to digitise its global facultative reinsurance operations, deploying Cytora’s agentic AI-powered Concierge service to overhaul its underwriting workflows.

Cytora boosts insurance efficiency with agentic AI

Cytora has launched a new agentic AI-powered tool, Unified Risk Reasoning, which marks a major step forward in the full automation of risk workflows for insurance professionals.

The high cost of cutting insurance tech investments

Insurance in 2025 can be categorised as a period of uncertainty. Global economic conditions, highly competitive markets and evolving customer demands are all contributing...

EQT Ventures backs MarvelX with $6m to automate insurance workflows

Amsterdam-based MarvelX, a FinTech start-up focused on operational automation in financial services, has closed a $6m seed funding round to support the launch of its AI-powered platform for the insurance sector.

Why insurers must balance fast service with accurate AI outputs

As expectations for speed and convenience rise, insurance companies are under growing pressure to deliver fast, seamless service to their clients. Yet, as M-Files warns, speed without accuracy—especially when deploying generative AI—can risk customer satisfaction and ultimately harm a firm’s reputation.
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