Tech Update: Aventum Invests $12 Million to Create Proprietary Tech Function January 29, 2025 Aventum, the London-based international re/insurance group, is investing $12 million over two years to create an inhouse proprietary tech function...
Moody’s: Insurers and Asset Managers Bolstering Cyber Defenses September 10, 2024 Insurers and asset managers worldwide continue to focus on cybersecurity amid growing risks, according to findings from a Moody’s Ratings...
Big Tech Wants AI to Be Regulated. Why Do They Oppose a California AI Bill? August 22, 2024 By Greg Bensinger California legislators are set to vote on a bill as soon as this week that would broadly regulate how artificial...
Alphabet’s Waymo Robotaxi Unit Doubles Its Paid Rides In Three Months August 21, 2024 By Abhirup Roy Alphabet’s Waymo said on Tuesday it had doubled its paid rides to 100,000 per week in just over three months...
Tech Update: WTW Offers Next Generation Investment Management Insurance Solution July 9, 2024 WTW, the advisory, broking, and solutions company, has introduced “IMI Plus,” an enhanced investment management insurance solution designed to meet...
Vertafore Report Highlights Agency Recruitment, Hard Market Challenges June 28, 2024 Independent insurance agencies are struggling to find qualified job candidates, and nearly a third of agents surveyed for a recent...
Growing Reliance on Big Tech for AI Carries New Risks, Banks Say June 7, 2024 By Elizabeth Howcroft The boom in artificial intelligence will increase banks’ dependence on big U.S. tech firms, creating new risks for the industry,...
Tech Update: USI’s Tech-Enabled Risk Control Platform; Baldwin Group Starts API-Connected Cyber Placements; AI-Based Workers Comp Fraud Detection at CLARA June 6, 2024 USI Insurance Services (USI) announced the launch of PATH (patent pending), a proprietary technology-enabled risk control platform for clients. The...
Tech Update: WTW, Riskonnect Launch Risk Diagnostic Tool for Workers’ Comp May 13, 2024 Insurance broker WTW has formed a partnership with Riskonnect to pilot an analytical delivery tool that connects claims and exposure...
Tech Update: Aon Updates Its Pricing Platform to Enhance Underwriting Decisions May 10, 2024 Insurance broker Aon plc announced an update to its Pricing Platform that aims to bring enhanced visualization and automation capabilities...