Latest InsurTech Headlines
All the headlines from our InsurTech Topic Page, ordered by recency.
Ascend Releases AI-Powered Smart Inbox for Retail Agencies
Apr 14 2025 // Smart Inbox automates processing of documents for both agency bill and direct bill workflows San Francisco, April 14, 2025 – Ascend, the leading financial operations automation platform for the insurance industry, today...
Markets/Coverages: Cyber MGA Resilience Launches Tech E&O Cover in UK and EU
Apr 11 2025 // Resilience, the specialist in cyber risk solutions, announced the introduction of coverage for technology errors and omissions (tech E&O) in the UK and Europe, supported through a new partnership with Accredited...
How Westfield Is Implementing AI in Claims
Apr 8 2025 // Identifying the needs and pain points of customers and then developing solutions to better service them and other company partners—those are the most important promises that artificial intelligence and new technologies...
States’ AI-Related Legislation Aimed at Insurance Is ‘Unfounded,’ Says NAMIC
Apr 7 2025 // Policy discussions on the use of artificial intelligence in insurance are ‘unfounded’ and ‘detrimental to policyholders,’ according to an analysis from the National Association of Mutual Insurance...
Claims Service, Tech, Communication Top Independent Agent Concerns
Apr 7 2025 // Claims, communication, and technology are the top three concerns for independent agents when placing new business with a carrier, according to insurtech Vertafore. The findings were the result of a survey of nearly 1,300...
The All-in-One Solution for MGAs & Wholesalers: How Expert Insured Combines AI, Rating, Policy Lifecycle, and Accounting for Complete Management
Apr 4 2025 // This post is part of a series sponsored by Expert Insured. Managing the entire insurance lifecycle can be a daunting task for MGAs and wholesalers, with processes spanning from underwriting to policy issuance and...
Risk Digitization Top Tech Priority for US Insurers
Apr 4 2025 // Risk digitization was cited as the primary technology priority for revenue growth in a recent study from insurtech Cytora. Cytora surveyed 200 senior leaders from global insurance firms and found that 76% of respondents...
Huge AI Data Center Planned for Pennsylvania Coal Plant Site
Apr 3 2025 // A huge natural gas-powered data center that will serve the growing demands of artificial intelligence is being planned for the site of a former coal-fired power plant in Pennsylvania. The 3,200-acre (1,295-hectare) data...
Majority of Small Biz Leaders Think AI Will Play ‘Crucial Role’ in Work Safety
Apr 2 2025 // More than half of small business leaders believe artificial intelligence will play a “crucial role” in worker safety over the next five years, according to a new report from Pie Insurance. A survey of...
People Moves: The Hartford Expands Roles of Tech Leadership; Everest Appoints Fobert to Lead US Retail Casualty
Apr 1 2025 // Shekar Pannala The Hartford of Hartford, Connecticut said Shekar Pannala was named the company’s chief information officer and leads technology, as well as cybersecurity, infrastructure and cloud modernization. Prior...
AI Company Anthropic Wins Early Round in Music Publishers’ Copyright Case
Mar 27 2025 // Artificial intelligence company Anthropic convinced a California federal judge on Tuesday to reject a preliminary bid to block it from using lyrics owned by Universal Music Group and other music publishers to train its...
Catastrophe Experts Tap AI to Tackle Soaring Insured Losses
Mar 26 2025 // Insurers are betting on a suite of new AI-driven techniques to better predict surging losses from climate-driven weather catastrophes ranging from unprecedented wildfires to hurricanes and floods. Less than three months...
States’ AI-Related Legislation Aimed at Insurance Is ‘Unfounded’, Says NAMIC
Mar 25 2025 // Policy discussions on the use of artificial intelligence in insurance are “unfounded” and “detrimental to policyholders,” according to a analysis from the National Association of Mutual Insurance...
AI Chatter Hits Record on European Earnings Calls Across Sectors
Mar 24 2025 // The chatter around artificial intelligence on earnings calls in Europe is scaling new peaks as even companies beyond technology-related sectors are embracing it to boost efficiency and competitiveness. Mentions of...
Hard Market, High Tech: Agriculture Insurance Adapts
Mar 24 2025 // Faced with heightened climate risks and political uncertainties, insurers writing agribusiness and farm and ranch are deploying data analytics and technology as they grapple with a hard market and the need for greater...
Gen AI Is Shaking Up Underwriting, but Can it Replace Human Judgment?
Mar 21 2025 // Artificial intelligence technology has continued to evolve, and it’s affecting many areas of insurance from claims to underwriting to customer service, according to panelists at the 2025 PLUS D&O Symposium in New...
Big Tech’s Data Center Boom Poses New Risk to Grid Operators
Mar 21 2025 // Data Center Alley, a 30-square-mile stretch outside Washington D.C. and home to more than 200 data centers, consumes roughly the same electricity as Boston. So power company officials were alarmed when a big chunk of those...
AI Is Turbocharging Organized Crime, EU Police Agency Warns
Mar 20 2025 // The European Union’s law enforcement agency cautioned Tuesday that artificial intelligence is turbocharging organized crime that is eroding the foundations of societies across the 27-nation bloc as it becomes...
Automakers, Tech Industry Urge Trump to Speed Self-Driving Car Deployment
Mar 20 2025 // Major automakers and tech groups on Tuesday called on the Trump administration to take steps to speed deployment of self-driving cars, citing a number of regulatory hurdles. The Alliance For Automotive Innovation, a group...
Florida Bill Would Limit AI in Claims Denials, Extend Bar on Execs, Raise Surplus Levels
Mar 19 2025 // After years of rising insurance premiums, anger from homeowners, and recent reports about some property insurance carriers’ alleged diverting of profits, bills seen as “consumer friendly” continue to gain...
