Tag: insurance sector
Cybercrime tops insurance performance threats at 83% alongside AI readiness and...
Key views of trends negatively impacting insurance organisation’s performance:
KPMG’s Insurance CEO Outlook surveyed 110 insurance CEOs across 11 markets, all leading organisations with revenues...
AI investment is accelerating with two-thirds of insurance CEOs allocating 10...
Key views of percentage of budget spent on AI in insurance companies:
KPMG’s Insurance CEO Outlook surveyed 110 insurance CEOs across 11 markets, all leading...
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...
US firms continue to dominate the global InsurTech market raking in...
Key global InsurTech investment stats in Q1 2026:
US InsurTech funding grew 30% YoY in Q1
US firms raked in half of the top...
US InsurTech funding expected to fall 30% in 2026 due to...
Key US InsurTech investment stats in Q1 2026:
US InsurTech deal activity reduced 35% YoY
Trend analysis showed a projected 30% fall in funding...
Insurance industry urged to strengthen cyber resilience amid evolving threats
Leading figures from the insurance and cyber security sectors have issued a unified call for insurers to enhance cyber resilience in response to a rapidly evolving threat landscape.
Only 20% of insurance execs are not considering AI for their...
359 senior insurance professionals were surveyed, managing over $13tn in assets on their balance sheets
Only 20% of respondents haven’t considered AI, whereas...
MENA InsureLab secures backing from TIC to boost InsurTech innovation
MENA InsureLab, an InsurTech accelerator and venture builder, has secured strategic backing from TIC Technology Innovation Capital, a US-based venture capital firm.
The investment comes...
Navigating the hype: Is generative AI the future of InsurTech
The buzz around Generative Artificial Intelligence (AI) in the insurance sector is undeniable. Each keynote, panel, and networking break at business conferences seem to...
Descartes Labs acquires Geosite: A strategic move to revolutionise geospatial analytics
Descartes Labs, a trailblazer in geospatial analytics and artificial intelligence (AI), has announced its acquisition of Geosite, a renowned SaaS provider known for delivering cutting-edge geospatial intelligence solutions to property and casualty insurance companies.











