Digital Insurance

Insurers, is your portfolio too exposed to a failure of any single AI model? Trevor Jones of @WestMonroe believes the insurance industry can adapt to AI as an emerging risk, just as it has to past risks. sbrew.link/vkYjppZp #AI #AIrisks #insurance #RiskManagement #InsureThink

Analyzing data from wearables can provide real-time insights that can improve the precision of risk assessments and pricing of life insurance policies, write Mary Bahna-Nolan of @WTWcorporate and Will Cooper of Klarity. sbrew.link/OqCRDCAI #lifeinsurance #wearables #data #InsureThink

Echo Re has automated 75% of its technical accounting statements with its first connected broker in less than a year, using @ACORD_Standards' ADEPT platform. “Leveraging common industry standards and working with the right partners has been critical to the success of our digitization and automation journey so far. Using ACORD Solutions Group’s ADEPT platform and integrating it with DXC’s SICS has allowed us, as a small reinsurer with limited internal development resources, to effectively realize automation benefits,” said Fabian Putz, CEO of Echo Re. sbrew.link/FnBmA8IM #automation #DigitalInsurance

People reviewing AI handling of claims must avoid baking human adjusters’ variations into AI processes, said Anastasia Scrève, head of legal engineering at @LegalFly_ai sbrew.link/U5snhzJN #AIoversight #InsuranceClaims #DigitalInsuranceNews

Jim Girard of @benekiva shares what to watch out for when applying agentic AI to existing insurance claims systems. sbrew.link/m6uG8ekC #AgenticAI #insurtech #InsuranceClaims #InsureThink

Fraudsters are having a field day using AI to attack small and medium-sized enterprises, which themselves suffer from poor AI governance. What's an insurer to do? @Travelers proactively alerts SMEs to emerging threats and has begun performing voluntary AI risk assessments of its policyholders. sbrew.link/tDhCk1t6 #AI #cyber #cyberrisk #DigitalInsuranceNews

Insurers should slow adoption of AI and ensure human oversight, say consumer advocates including Douglas Heller of @ConsumerFed, Monica Palmeira of @Greenlining and Katherine Hempstead @khemp64 of the Robert Wood Johnson Foundation. sbrew.link/9O254EZz #AIregulation #InsuranceClaims #DigitalInsuranceNews

Never mind threat intelligence reports or technology forecasts – claims are the best indicator of cyber risks, writes Will Gow of Brecon Specialty. sbrew.link/5fP83FgG #cybersecurity #InsuranceClaims #AIrisks #InsureThink

While insurance customers tell an @accenture survey they are open to AI agents and recommendations, @Bob_Hartwig of @UofSC says insurers will act conservatively because AI agents have produced inaccurate quotes. sbrew.link/qezhMtwd #AIagents #insurtech #DigitalInsuranceNews

Jay Singh, co-founder and CEO of Hedgeness, sees a strong opportunity for AI implementation, but insurtechs must be clear on the problem they aim to solve. “Technology should create value for the people using it, not introduce another layer of complexity,” said Singh. sbrew.link/KzMR1j3y #insurtech #DigitalInsuranceNews

Underwriting AI risks depends heavily on pricing and governance, writes Jack Kudale, founder, CEO and chairman of @CowbellCyber, a cyber risk technology provider. sbrew.link/NVcqOrjA #AI #cybersecurity #underwriting #CommercialInsurance #InsureThink

Insurance commissioner election results: California race between Ben Allen and Jane Kim remains undecided; Keisha Sean Waites upsets incumbent John King in Georgia; Republicans Bob Sullivan in Oklahoma and Dan Hawkins in Kansas win open seats. Read what the candidates had to say about AI in insurance. sbrew.link/Mhn3r2aR #Elections2026 #AI #insurance #regulation #DigitalInsuranceNews

Fraudsters are having a field day using AI to attack small and medium-sized enterprises, which themselves suffer from poor AI governance. What's an insurer to do? @Travelers proactively alerts SMEs to emerging threats and has begun performing voluntary AI risk assessments of its policyholders. sbrew.link/GmQe9lwO #AI #cyber #cyberrisk #DigitalInsuranceNews

Insurers should slow adoption of AI and ensure human oversight, say consumer advocates including Douglas Heller of @ConsumerFed, Monica Palmeira of @Greenlining and Katherine Hempstead @khemp64 of the Robert Wood Johnson Foundation. sbrew.link/pkHPdV8X #AIregulation #InsuranceClaims #DigitalInsuranceNews

Candidates for insurance commissioner in four states spoke about the risks and benefits of AI, including California’s @BenAllenCA @JaneKim, Georgia’s @keisha_waites, Kansas’ @dinah_sykes and Oklahoma’s Craig MacIntyre and Bob Sullivan. sbrew.link/e0RUnnpc #USMidterms #Midterms2026 #InsuranceRegulation #DigitalInsuranceNews

Parametric insurance is designed to fill a coverage gap for commercial customers, but homeowners are now being led to the product by ChatGPT. In the event of a power outage, for example, "most homeowners are now realizing that they don't have food spoilage coverage in their contract anymore, and realize that our … product could actually cover them for that," said Mike Gulla, CEO of Adaptive Insurance. #AI #ChatGPT #Insurance #DigitalInsuranceNews sbrew.link/bklvF44Y

As insurers experiment with AI, having predictable costs is becoming an important operating issue, writes Arun Balakrishnan, CEO of @XceedanceGlobal. Balakrishnan offers advice for insurers on how to better manage AI costs. sbrew.link/FtoOuu8m #AIcosts #Insurance #InsureThink

The increased risk from AI adoption is the No. 2 driver for SMEs to buy cyber insurance coverage, according to a survey by @globaldataplc. GlobalData estimates that the global cyber insurance market will reach $35.4 billion by 2030. sbrew.link/tpSBcmnx #CyberInsurance #DigitalInsuranceNews

AI, data and know-how can make insurers more resilient to climate losses, writes Mike Gulla, co-founder and CEO of Adaptive Insurance. sbrew.link/zAIbiatx #AI #DigitalInsuranceNews

Candidates for insurance commissioner in four states spoke about the risks and benefits of AI, including California’s @BenAllenCA @JaneKim, Georgia’s @keisha_waites, Kansas’ @dinah_sykes and Oklahoma’s Craig MacIntyre and Bob Sullivan. sbrew.link/ulaobUUF #USMidterms #Midterms2026 #InsuranceRegulation #DigitalInsuranceNews