The National Association of Insurance Commissioners, comprised of U.S. state insurance regulators, issued a policy bulletin calling for insurers to set governance and risk principles for the use of AI, and take responsibility for third-party data and systems.

Big data can tell carriers about potential customers and make a preliminary decision on their insurability.

Nearly one-third of public companies are using artificial intelligence in their financial reporting, according to a new survey.

73% of insurance executives expect artificial intelligence to take their jobs, according to report.

Technology drives efficient and personalized insurance experiences in 2024.

Insurers are feeling the effects of the climate crisis but only 8% are currently attacking climate change head-on with strategic and proactive initiatives, according to Capgemini research.

There were about 40 funding events in the insurtech sector in November, according to a review by Digital Insurance.

Pan American Life Insurance found unauthorized third-parties took files that included personal information.

Cyber insurance can provide peace of mind and affect customer acquisition and retention.

Instantaneous access to medical records and utilizing machine learning are changing how carriers bind life insurance policies.

These companies are leveraging AI, machine learning and cloud technology.

Insurers considering using Gen AI for claims, underwriting and other operational functions will need to watch out for "hallucinations," the phenomenon of Gen AI language models producing inaccurate or nonsense results.

Carriers should be watching these 10 trends that will shape the future of insurtech in 2024.

Insurers are harnessing the power of data technology to better manage risk exposures.

Insurance leaders need to address emerging challenges in API security.

Insurance carriers are potential targets for cybersecurity incidents but organizations look to them for best practices.

Digital Insurance asked ChatGPT what areas insurance carriers should prioritize related to cybersecurity.

While ransomware group Alphv/Blackcat claims to have orchestrated the incident, title insurance company Fidelity National Financial has not yet stated whether confidential data was compromised.

Tim Francis, enterprise cyber lead at Travelers, spoke with Digital Insurance about cybersecurity and steps businesses can take to reduce potential exposures.

Every journey should begin with a test drive of ChatGPT on the road to developing principles, monitoring progress and celebrating success.