The contract is expected to contribute around $64.6 million (£40 million) to Innovation Group’s revenue over the three-and-a-half year duration.
The insurer highlighted AI-driven gains in claims processing and underwriting during the second quarter.
Arch names chief claims officer; Canopius appoints U.S. CEO, plus more insurtech news.
The agents that report increased client retention are also more likely to have a positive opinion of using AI, according to Liberty Mutual's 2026 Independent Agency Growth Study.
As climate change makes compound events more likely, experts warned that grappling with them is further complicated by the Trump administration's cuts to disaster work.
AB 311 would give auto insurers more tools to evaluate risks to cover, but critics say it's unclear on how AI can be used.
The health giant, in the midst of a $3 billion investment in AI through 2027, says the technology is now involved in nearly every provider and consumer interaction.
