Innovation
If necessity is the mother of invention, then insurance is the trusted babysitter. This report explores the new responsibility re/insurers are taking on to help nurture young technologies, markets and products. Namely, to arrive early.
Insurers are innovating, but there is still much to do
Innovation is challenging, but the right culture, supported by technology, can help drive the creation of new products and services
The human side of scaling AI
Artificial intelligence is no longer just an interesting experiment — it’s a core driver of business value
Digitally enhancing the fundamentals
Re/insurers must use digital capabilities in ways that keep their business ‘unified, but with a local twist’, Arch Insurance International’s head of digital argues
New ways to price emerging risks
Lloyd’s Lab’s 16th cohort shows how innovation is moving beyond efficiency gains, with insurtechs seeking to give underwriters a clearer view of emerging exposures across cyber, artificial intelligence and battery assets
Re/insurance could be the tipping point for carbon capture
Howden, WTW and the Global CCS Institute urge re/insurers to help manage the carbon capture and storage value chain
The slow (cash)flow of insurance premiums
Manual processes and outdated systems are hindering the movement of money for re/insurers
The recall reckoning
Product recalls are changing the insurance market in five main ways
Cyber reinsurance is ripe for innovation
Growing demand for tailored solutions is driving the development of new cyber products, Guy Carpenter’s Anthony Cordonnier tells the Insurance Day Podcast
Harnessing AI across claims
Artificial intelligence is changing the model that claims organisations have historically relied on
Growth engine or gimmick? The sandbox debate
Regulators are embracing sandboxes to encourage innovation, but how many insurers want to play?
New KPIs for the AI age
Re/insurers must promote artificial intelligence from mere ‘assistant’ to the foundation of operating models
Rage against the machine
Re/insurance companies are already replacing jobs with AI tools, while others are creating new ones to have a human-in-the-loop
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