Reinsurance News
Artificial intelligence in insurance and reinsurance news
Read all of our news on the growing use of artificial intelligence technologies in the insurance and reinsurance industry.
Artificial intelligence (AI) promises to enhance risk modelling and data analytics capabilities for insurers and reinsurers, while also offering new ways to deliver insurance and reinsurance products and support customers as well.
In addition to the use of artificial intelligence (AI) to enhance underwriting and operations, insurance and reinsurance market participants are also increasingly focusing on product development to provide risk transfer protection to support the AI and tech data centre build-out, seeing this as a significant and growing opportunity.
Fairness, accuracy & human empathy key as Gen AI transforms customer-insurer interaction: GA
20th November 2025
Generative AI (Gen AI) is rapidly transforming the insurance customer journey, but its successful adoption will depend on insurers addressing core customer concerns around privacy, accuracy, and the loss of human connection, a new report by the Geneva Association (GA) has found. The study, ‘Gen AI in the Insurance Customer Journey’, ... Read the full article
Federato raises $100m Series D to accelerate global expansion
19th November 2025
Federato, an AI-powered underwriting platform for the insurance industry, has raised $100 million in Series D funding led by Growth Equity at Goldman Sachs Alternatives. The substantial new capital reinforces a significant change in the insurance industry's attitude, moving away from “old core” legacy systems and embracing modern software that aligns ... Read the full article
Descartes Underwriting adopts mea Platform to power parametric growth
13th November 2025
Descartes Underwriting, a specialist in corporate parametric re/insurance solutions for climate and emerging risks, has adopted mea Platform’s AI products to enhance automation and data orchestration across its underwriting processes. The implementation expands Descartes’ use of AI to deliver faster, more cost-efficient underwriting decisions. This mirrors the speed and precision of ... Read the full article
Chubb unveils new AI-powered embedded insurance optimisation engine
12th November 2025
Chubb has unveiled a new AI-powered optimisation engine within Chubb Studio, its global technology platform for embedded insurance distribution. Unveiled at the Singapore Fintech Festival, the optimisation engine is designed to help Chubb’s partners boost engagement, strengthen brand loyalty, and drive measurable growth by better aligning protection solutions with customer needs. Chubb ... Read the full article
Aon launches AI-enabled platform Claims Copilot
11th November 2025
Insurance and reinsurance broking firm Aon has launched Claims Copilot, an artificial intelligence-enabled single, integrated platform to enhance client outcomes, bringing together expert advocacy and advanced technology. Aon Claims Copilot reflects the broker’s commitment to delivering excellent claims services to clients, as the new platform supports every stage of the claim’s ... Read the full article
Willis launches Asian Data Centre Practice led by Lay See Ong
10th November 2025
Willis, a business of insurance and reinsurance broker WTW, has established a dedicated Data Centre Industry Practice for Asia, with Lay See Ong appointed to lead the new unit as Practice Leader in Asia, based in Singapore. This new role is in addition to Lay See's existing position as a Strategic ... Read the full article
Testudo appoints Peter Wedge as General Counsel
10th November 2025
Testudo, a technology and data company underwriting artificial intelligence (AI) risks, has announced the appointment of Peter Wedge as General Counsel. Launched in 2024, Testudo underwrites AI risks using active litigation monitoring and real-time data. Its AI Risk Engine ingests, tags, and models data to power best-in-class risk management and underwriting ... Read the full article
“Speed drives growth” as Gen AI accelerates underwriting: AIG CEO
7th November 2025
Peter Zaffino, Chairman and CEO of global insurer AIG, said the company is accelerating its deployment of generative artificial intelligence (Gen AI) to digest data more effectively and access a broader range of data points, helping underwriters make better-informed decisions, emphasising that speed drives growth. During American International Group, Inc. (AIG) ... Read the full article
AI adoption drives productivity growth and opens business opportunities: Hiscox CFO Cooper
7th November 2025
Specialist insurer Hiscox’s multi-year collaboration with Google is serving as a central growth driver for the deployment of artificial intelligence (AI) and machine learning across its business, according to comments by the company’s CFO, Paul Cooper. Speaking about the firm’s AI adoption, Cooper highlighted that the partnership is delivering transformative results, ... Read the full article
The Fidelis Partnership launches Construction Consortium for AI data centres
6th November 2025
The Fidelis Partnership (TFP), a privately-owned managing general underwriter (MGU), has announced the launch of a new consortium targeting risks associated with the construction of artificial intelligence (AI) data centres. With estimates suggesting that the AI data centre market could rapidly represent billions in new premium a year, the consortium aims ... Read the full article
Hyperscalers a level of opportunity we haven’t seen before: Aon CEO Greg Case
31st October 2025
The rapid advancement of data centre construction from the world's hyperscalers is a "monumental" opportunity for re/insurance broking group Aon and the wider risk transfer industry. And while it's still early days, President and Chief Executive Officer (CEO), Greg Case, said today that demand in this area could produce more ... Read the full article
Zurich to revolutionise insurance business model with newly launched AI Lab
29th October 2025
Zurich Insurance Group, in collaboration with the University of St. Gallen, is reimagining the future of insurance with its newly launched artificial intelligence (AI) Lab, Zurich AI Lab, aimed to accelerate industry transformation. Led by Group CEO Mario Greco, this ambitious move “signals a new era” in the delivery and customer ... Read the full article
McGill & Partners works with Google Earth AI for faster disaster response
24th October 2025
Insurance and reinsurance broker McGill & Partners is leveraging Google's cutting-edge AI and massive Earth observation data capabilities to enhance how they understand, model, and price global risks, particularly those related to climate and natural catastrophes. The broker is collaborating with Bellwether, a group of geospatial experts from X, Alphabet’s Moonshot ... Read the full article
Bridging the gap between re/insurers’ actuarial models & underwriting operations: Katz, Optalitix
22nd October 2025
In an interview with Reinsurance News, Dani Katz, Co-founder and Director of software provider Optalitix, said reinsurers are at a pivotal point — with abundant capital, complex risks, and an urgent need for faster, data-driven pricing — noting that he sees the greatest opportunity in helping carriers bridge the gap ... Read the full article
Sollers Consulting report reveals major gaps in AI preparedness across the insurance industry
20th October 2025
A new report from Sollers Consulting, a business and IT consultancy specialising in digital transformation for insurers and financial institutions, reveals that artificial intelligence (AI) has firmly established itself in the insurance industry, particularly in claims processing. However, the study also finds significant variation between companies in their ability to implement ... Read the full article
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