Property and casualty insurance

The property-and-casualty insurance industry is undergoing a major digital transformation with the rise of generative artificial intelligence, writes Abhishek Peter, manager of digital marketing at FECUND Software Services.

Insurance companies are sharing their AI success stories with a focus on specific niches: controlling churn, fielding customer calls, slashing underwriting time and more. But even the biggest proponents of AI know it has limits.

With rising climate peril severity and frequency, insurance risk data providers point to the technology's improved capability for processing visual information.

As more policyholders shop around, insurers are applying AI in many ways to entice them to stay, executives from LexisNexis, Gallagher and Chubb say.

A successful insurtech venture requires a strong combination of innovation, insurance expertise, regulatory understanding and scalable technology, writes Abhishek Peter, manager of digital marketing at FECUND Software Services.

Dinah Sykes, running unopposed for insurance commissioner in the state's Democratic primary, discusses the need for guardrails as insurers expand their use of AI.

New systems will help but insurers first need to organize institutional knowledge and review processes.

The insurer highlighted AI-driven gains in claims processing and underwriting during the second quarter.

Human-induced changes to the global climate have "a direct and well-understood impact" on extreme heat and rainfall, according to a landmark new US National Academies report.

Many people in insurance want AI, but they're having a hard time using it effectively in the workplace.

While total real premium growth will likely drop in 2026, rapid investment of AI data centers is offsetting shocks from supply-chain disruptions.

Rema Matevosyan, the company's co-founder, spoke with Digital Insurance about providing higher-resolution property images at scale.

If the first half of the year was defined by a race to bring AI-powered products to market, the second half will be defined by commercial discipline and pricing realities, write Michael Nadel and Andrew Larsen of Simon-Kucher.

AI is helping insurers navigate climate changes by taking nuances into consideration and making sense of updated weather data.

The path forward is to assess risk one property at a time, in close to real time, using AI.

To get the best results from AI, insurance companies must first address the structural problems that create friction within their processes, writes Earl Shaw, CIO of Renaissance.

The insurers of the Nord Stream pipelines don't have to pay €580 million ($662 million) after a judge ruled that the sabotage of the pipes bringing Russian gas into Europe was the consequence of the war in Ukraine.

AI is reshaping the workforce, but not in the ways people expected; recent data shows that the companies investing the most in AI are actually increasing their headcount, including among junior staff.

The U.K.'s flood insurer of last resort is unfairly favoring wealthier households and will be reformed to reduce the burden of multimillion-pound payouts, the government said.

Increasingly powerful weather trends are lowering the lifespan of roofs in the hardest-hit states, according to AI analysis by Nearmap.