Data/Intelligence

Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), has announced that Rob Cole has joined the company as chief actuarial officer.

Akur8, a next-generation insurance pricing solution, has announced that Millennial Specialty Insurance (MSI) will leverage its offering to streamline the decision-making processes within its pricing team.

At the inaugural hx Live conference, hyperexponential’s co-founder and CEO, Amrit Santhirasenan, delved into the company’s innovative approach to artificial intelligence (AI), and opened up on AI’s role in revolutionising the insurance industry.

Aspen Insurance Holdings Limited, a prominent global insurance and reinsurance company, has launched a new platform designed to advance its digital strategy and drive its data and artificial intelligence agenda forward.

Verisk, a leading global data analytics and technology provider, has launched its ISO Experience Index to assist the insurance industry in quickly assessing changes in risk patterns and the cost of insuring risk.

AutoRek, a leading InsurTech that streamlines premium processing operations within insurance firms, has joined forces with J.P. Morgan Payments to help insurance firms overcome data complexities and unlock new market opportunities.

Insurtech UK has published its Roadmap of recommendations for policy-makers to retain and strengthen the UK's leading global status in insurance innovation.

Imagine an insurance industry where decisions are made with the speed and precision of a machine, yet imbued with the empathy and discernment of a human. This is not a futuristic dream but a present-day reality being shaped by the integration of AI in insurance underwriting. As AI takes on more significant roles, automating data-intensive tasks and improving risk assessment accuracy, the indispensable value of human expertise becomes even clearer. AI automation specialists Simplifai lifts the lid on the synergy between AI and human expertise in insurance.

Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), has announced the appointment of Phil Schmidt as chief strategy officer.

Qover, a leading InsurTech, has announced the launch of its AI-enabled solution designed to streamline the claims experience.