The subsidiary signed a definitive agreement that provides for Yamato to be acquired by Gibraltar without purchase price consideration. It is expected that Yamato will become a wholly owned subsidiary of Gibraltar Life, and that Gibraltar Life will contribute capital, from its general account assets to Yamato in connection with the acquisition. The amount of the capital contribution is not expected to be material, Prudential says.
The tasks that fill BPO delivery centers sit squarely inside what agentic AI systems handle today, writes Martin Henley, CEO of mea Platform.
Insurance companies with the greatest advantage will adapt products and experiences locally while reusing capabilities globally.
Experts examine how to adapt to a shifting hurricane forecast, AI's impact on natural resources, and how to improve underwriting and cybersecurity.
Edison is responsible for the first $1 billion of wildfire-related claims, which it pays using its customer-funded self-insurance program.
Clients now expect a baseline level of technology options from brokers, the company's 2026 Broker Services Survey finds.
The insurtech's co-founder also warns against confusing novelty with value. "Insurance buyers do not need more technology for technology's sake."
