Commercial banking

The need for an insurance policy that covers AI risks is growing with the adoption of AI technologies.

EY's insurance expert, Isabelle Santenac, spoke with Digital Insurance about how insurers are managing technology advances, as well as increasing climate and security risks.

David Maimon is head of fraud insights at SentiLink and a professor in the department of criminal justice and criminology at Georgia State University.

A gauge for the sector on the Lagos-based Nigerian Exchange has risen 41% this week, according to data compiled by Bloomberg.

As skills used at insurance companies more closely resemble those used in other industries, insurers face tougher competition recruiting recent college graduates, experts from Travelers, Aon and academia said.

Combining quantum computing with AI will transform them into an exponential problem-solving power, redefining risk assessment, claims and pricing.

"Nothing could delay a restructuring or a consensual deal [more] than the existing board was doing," said Assured Guaranty CEO Dominic Frederico of the Trump administration's removal of Puerto Rico oversight board members.

Adam Turmakhan is the CEO and COO of TurmaFinTech, a Florida-based fintech startup that offers customer data platforms for community banks and credit unions.

Insurers are adopting artificial intelligence because it brings unmatched speed, consistency and increased intelligence across their operations.

Telematics is revolutionizing car insurance through usage-based policies and personalized risk management options.

A new research report from Wipro found that 81% of insurers plan to increase their investment in artificial intelligence over the next year.

A 65-year-old retiring in 2025 can expect to spend $172,500 on health care expenses throughout retirement, according to Fidelity.

Ron Schneider is director, corporate governance services for Donnelley Financial Solutions (DFIN). He is responsible for providing thought leadership on emerging corporate governance, proxy, sustainability and other disclosure issues. During his career, he has managed more than 1,600 proxy solicitations, 200 tender or exchange offers, and 30 proxy contests, with his proxy fight clients succeeding in over 70% of such situations. His prior experience includes three years at investor relations agency The Financial Relations Board, three years at AST Phoenix Advisors, and nine years at BNY Mellon. Earlier in his career, he held increasingly senior positions at major proxy solicitation firms Morrow & Co., D.F. King, and Georgeson & Co., where he served on its first board of directors.

Jason brings over 20 years of health care industry experience, with a track record of building successful organizations and delivering innovation. Prior to Sidecar Health, Jason had various executive roles at Centene Corporation, which covers 25 million Americans. Jason graduated from Washington University Olin School of Business with concentrations in Finance, Accounting, and German. He enjoys travel with his family and is working to lower his golf handicap and improve his offshore fishing knowledge.

Faheem Shakeel, Damco Solutions' VP for Insurance, is a veteran of insurance technology strategy. He has been instrumental in developing proprietary, homegrown products that cater to diverse customer needs. Shakeel has played a pivotal role in leveraging AI to build advanced solutions that enhance process automation, streamline workflows, and optimize operations in the complex and ever-evolving insurance landscape. His strategic vision and technological acumen continue to drive innovation, enabling insurers to stay ahead in a competitive market.

Sarah Murrow, who became CEO of the trade credit insurer's U.S., Canada and Brazil unit on July 1, told Digital Insurance about its unique data and the advantages that it gives its clients.