A McKinsey report maps out where artificial intelligence is already transforming the insurance industry.

BofA accused the insurance industry of clogging its ranks with tons of unnecessary salespeople, with a "snowball effect" about to start happening.

Pravina Ladva, group chief digital & technology officer at Swiss Re, highlighted claims and underwriting as standout examples. “In commercial insurance, we handle over 40,000 claims a year. AI helps ...

The Institutes' new designation provides a framework and best practices for effectively and responsibly using AI in risk management and insurance, providing skills on how to improve AI literacy and ...

As AI technologies like ChatGPT and other generative AI tools have gained prominence, our clients have started raising questions about their insurance coverage. Among the most frequently asked are: ...

A single sentence in a claims letter can cost an insurance carrier millions. In property and casualty insurance, docum ...

In the rapidly advancing world of artificial intelligence (AI), businesses are encountering new frontiers of innovation whilst also facing novel risks, prompting the need for robust insurance ...

New research reveals that millions of workers face both high AI exposure and low ability to adapt - and the insurance industry sits squarely in the crosshairs ...

MORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco, the insurance industry’s foremost innovator in cloud-native, AI-native software, today announced exceptional fiscal year 2025 results, marked by strong ...

Hello and welcome to Eye on AI. In this edition…a mega seed round for ex-OpenAI CTO Mira Murati’s new startup…the impact of AI on cognitive skills…and why the effects of AI automation may vary so much ...

Insurers took a stock price hit from the advent of AI-based insurance apps, but that won't be the final outcome, according to ...

A new bill may limit the role of AI in health insurance coverage decisions. The bill mandates healthcare providers to notify ...