* AT ISSUE: Researchers say that the growth of the Internet has led to an 8% to 15% drop in the cost of term life policies.* IMPLICATIONS: The Internet is making the term life insurance business even more competitive as more consumers can now do price comparisons online.
When AI is simply layered on top of policy-centric platforms, batch-based processes, and siloed data models, it inherits their limitations.
Zurich Insurance Group AG has made a sweetened £8 billion ($11 billion) bid to buy Beazley Plc, an offer that's won the tentative approval of the UK insurer's board.
UnitedHealthcare's Flexwork program offers hourly employees affordable health coverage, including dental, vision and virtual care.
Insurers learned that 2025 was about regaining balance and 2026 will be about redefining value for customers with better data, tools and insights.
Digital Insurance spoke with Greg Chandler, executive VP for IT at the insurer, which specializes in workplace benefits, about how the company began implementing AI, how its use of AI has evolved, and what's next.
AI is reshaping how claims are handled, how repairs are performed, and how teams deliver faster and more connected experiences across the auto claims ecosystem.
