Swiss Re announced plans to withdraw from its digital B2B2C insurance business, iptiQ, following a strate...
AI will shift liability rather than create new risks
Artificial intelligence raises challenging questions for liability as the technology continues to outpace regulatory and legal developments...
Artificial intelligence raises challenging questions for liability as the technology continues to outpace regulatory and legal developments...
Article / 2 months ago
EU parliament approves landmark AI law - France24
The European Parliament gave final approval on Wednesday to wide-ranging EU rules to govern artificial intelligence, including powerful systems like OpenAI's ChatGPT.
The European Parliament gave final approval on Wednesday to wide-ranging EU rules to govern artificial intelligence, including powerful systems like OpenAI's ChatGPT.
france24.com /
Article / 2 months ago
2024: An Outlook on Artificial Intelligence
While 2023 was a breakout year for generative AI, we expect 2024 to bring even more adoption and novel uses of AI technology...
While 2023 was a breakout year for generative AI, we expect 2024 to bring even more adoption and novel uses of AI technology...
Article / 3 months ago
Insurers brace for claims from generative AI surge
Generative AI has already triggered several events that could point to increased claims for insurers
Generative AI has already triggered several events that could point to increased claims for insurers
Article / 5 months ago
Markel recognises $25m hit on fraudulent Vesttoo letter of credit (LOC)
Markel has reported that it recognised a $25 million credit loss against a fraudulent $50 million letter of credit (LOC) for reinsurance provided by
Markel has reported that it recognised a $25 million credit loss against a fraudulent $50 million letter of credit (LOC) for reinsurance provided by
Article / 7 months ago
Is Your AI Model Going Off the Rails? There May Be an Insurance Policy for That - WSJ
The many ways a generative artificial intelligence project can go off the rails poses an opportunity for insurance companies, even as those grim scenarios keep business technology executives up at night...
The many ways a generative artificial intelligence project can go off the rails poses an opportunity for insurance companies, even as those grim scenarios keep business technology executives up at night...
wsj.com /
Article / 8 months ago
Vesttoo was offering $100mn+ lines on IP deals
Vesttoo was offering major line sizes of $100mn or more for intellectual property (IP) transactions, which will create a challenge for buyers and...
Vesttoo was offering major line sizes of $100mn or more for intellectual property (IP) transactions, which will create a challenge for buyers and...
Article / 10 months ago
Aon IP deals linked to Vesttoo collateral issues as fundraise pulled
Collateral issues that have emerged at ILS platform Vesttoo are connected to Aon intellectual property (IP) deals, sources said, as the InsurTech halted its Series...
Collateral issues that have emerged at ILS platform Vesttoo are connected to Aon intellectual property (IP) deals, sources said, as the InsurTech halted its Series...
Article / 10 months ago
Transformative Industry Trends Present $200 Billion Opportunity for Insurers
Prescriptive Analytics alone to generate $100+ billion in premiums by 2030...
Prescriptive Analytics alone to generate $100+ billion in premiums by 2030...
PR / 11 months ago
Three technologies that could drive insurance's 'Blockbuster moment' - Insurance Business
Could monkey pong, Cronenbergian pizza, and glowing mice be a stark portent?...
Could monkey pong, Cronenbergian pizza, and glowing mice be a stark portent?...
Article / 12 months ago
