Only 24% of insurers consider themselves to have a leading edge on data management maturity.
Once an AI-generated answer causes a loss, the argument moves beyond whether the answer was wrong, writes Dr. Viroshan Naicker, co-founder and CEO of Refiant.
The six underwriters did 17% more business versus the second quarter of 2025, with earnings per share estimates increased for four of them as a result.
For investors, "both perils translate into operational risk, earnings volatility and stranded-asset exposure," said Mohsen Rahnama, managing director and head of catastrophe modeling and insurance solutions at Moody's, in a report.
Insurtechs have a major opportunity to address the industry's lack of data transparency, according to Ashwin Agarwal. "Whoever builds that trusted, transparent pricing layer first sets the terms for the entire industry."
Agencies rarely struggle because they don't use the right technology. They struggle because technology decisions become disconnected from the operational problems they are trying to solve.
