Few industries remain untouched by artificial intelligence, and insurance is no exception. 29% of insurers globally already use AI—a figure expected to rise ...

Dawn Miller, Chief Commercial Officer at Lloyd’s and CEO of Lloyd’s Americas, has outlined for BestWire a growing divide between the insurance industry’s public perception and its real-world influence ...

Motor insurers are ramping up their presence in the UK’s electric vehicle (EV) segment as battery electric vehicles (BEVs) continue to capture a growing share of new car registrations. According to ...

Meanwhile, the Bitcoin-denominated life insurance company, announced the appointment of Michael Grob as Group Head of International Distribution and Chief Trust & Fiduciary Officer. Grob brings over ...

Dynamic trends are influencing the size and complexity of claims around the world. Proactive claims management can help organizations recover swiftly after a loss event and manage potential claims ...

U.S. automobile liability direct premiums written increased 12% to $256.6 bn, with top-ranked Progressive Insurance Group posting a 21% rise to $44.1 bn ...

Cuvva, a London-based short-term car insurance provider, reported record growth in 2024. Profit reached £12.8mn—triple the previous year’s result. Revenue rose to £27.4mn, driven by continued ...

U.S. commercial automobile carriers saw direct premiums written increased 12.1% in 2024 to a total of $72.18 bn, according to AM Best ‘s Rankings report. Top 25 U.S. auto liability insurers ...

Business leaders are aware of AI-driven cyber risks and their implications. But understanding changing risk profiles to make better decisions around the management of new exposures ...

The European Commission launched a consultation on draft technical measures under the Solvency II framework, including updates to insurance regulations covering areas such as group solvency ...

US private flood insurance market is expanding, addressing the nation’s substantial gap between economic and insured losses from flood events ...

Most European life and non-life insurers report solid margins. Life insurers must deliver attractive products while managing rising reinvestment rates, unrealized losses ...