Insurance

Any implementation of AI requires access to significant amounts of data and is not without its risks as carriers and brokers expand its adoption.

Younger consumers prefer digital insurance experiences creating challenges and opportunities for the industry.

Insurers and adjusters are using AI across the claims space to expedite the process, verify information and improve the customer experience.

The backbone of American property insurance depends on data you've never thought about...until it's gone

Allianz Life Insurance Company of North America said it suffered a system breach on July 16 that affected a majority of its 1.4 million customers.

ACORD's Somesh Mukherjee, vice president of solution architecture at ACORD Solutions Group, shares the complexities of technology used in weather-related claims processes.

Honda launches insurance; INSHUR's $35 million funding round and more insurance news.

Numbers on use and performance point to potential for nonpublic insurers to take on a greater role but also suggest there are limits to it, Fitch Ratings found.

The state's insurer of last resort has taken on more policyholders that private insurers deem too risky. The strain on the plan, worsened by the January wildfires, led the state's regulator to allow an assessment on policyholders to cover the higher risks.

Six challenges life insurance underwriters face and how AI can help to address them.