Underwriting

In a softening market, insurers that succeed with AI will not be those who deploy it fastest, but those who pair innovation with governance, accuracy and accountability.

Automation will change underwriting, but judgment, context, and accountability still belong to people.

The goal is to improve risk management and expand access to more customers in markets that better data now makes possible.

A transatlantic team of brokers, underwriters and meteorologists devised a workaround to save Bad Bunny from losses: They installed a temporary weather station inside the stadium, linked to a bespoke policy that would pay out if rainfall exceeded a set threshold.

John Chu, CEO and founder of Bamboo Insurance, discussed the company's growth and planned expansion, and how that is supported by artificial intelligence.

AI redefines how risks are assessed, policies are priced and claims are managed.

The insurance industry depends on documents built for human eyes and judgement–a combination that doesn't scale.

Steps to erase the divide between legal and risk at insurance companies.

Ryan Bank of Vexcel shares how AI is fine-tuning image searches to identify specific risks or features that could affect underwriting and claims for insurers.

Cotality's 2026 Severe Convective Storm Risk report reveals that underwriters can no longer rely on historical weather patterns to predict future losses.

New research from INTX and RSM reveals how legacy insurance systems can cost insurance organizations up to $5 million annually in hidden operational costs.

AI cannot replace the seasoned judgement of an experienced underwriter.

With insurance sector AI solutions, explainability has become a roadblock to broader AI adoption. But that barrier is breaking.

The new definition of stability means underwriting is more precise, documentation-driven, and less forgiving.

MGAs are looking for ways to verify risk data for underwriting, according to Lisa Rowe, an underwriting executive at Specialty MGA.

State Farm Mutual Automobile Insurance Co. will pay a $5 billion cash dividend to its auto-insurance customers.

Errors, bias and fraud are being magnified by AI.

AXIAN Group, a pan-African conglomerate spanning telecommunications, energy, real estate, fintech and financial services, is expanding into insurance underwriting.

AI is transforming underwriting and helping to automate different aspects while improving the customer and agent experience.

Used correctly, AI can help insurers move faster, identify risk more accurately, and reduce costs without replacing human expertise.