Tag: AI in Insurance

Lemonade Targets $5 Billion Indiana Auto Insurance Market with AI-Driven Strategy

Lemonade expands into Indiana's $5B auto insurance market leveraging AI, telematics, and bundling strategies to drive premium growth and approach profitability by 2026.

Global Motor Insurance Market Forecasts Uptake of AI & Digital Innovation by 2032

Discover the global motor insurance market trends, AI-driven risk assessment, regulatory shifts, and regional insights shaping insurance innovation and growth through 2032.

NAIC AI Data Definition Efforts Spur Debate on Regulatory Clarity and Innovation

NAIC's initiative to define third-party data in AI models raises regulatory clarity concerns amid calls for flexible governance to support insurance innovation.

Sapiens Enhances Life Insurance Software with AI-Driven Digital Transformation

Sapiens introduces AI-powered CoreSuite upgrades for life, pensions, and annuities management, enhancing operational efficiency, customer engagement, and legacy system migration in insurance.

Insurance Firms Strengthen Leadership Amid Market Transformation

Key executive appointments at Everest Group, Patriot Growth, Trucordia, Mutual of America, and Roots reflect strategic leadership strengthening and AI integration in the evolving U.S. insurance market.

Sapiens 2025 Client Conference Highlights Insurtech Innovation and Growth Strategies

Sapiens International's 2025 International Client Conference in Vienna showcased AI-driven SaaS platforms and cloud solutions shaping operational efficiency and growth in Property & Casualty, Reinsurance, and Life Insurance markets.

U.S. Insurance Sector Advances with New SRCC Model and AI-Driven Analytics

Explore recent U.S. insurance industry innovations including Verisk's SRCC catastrophe model, Clearwater Analytics' acquisition of Beacon, and Willis Towers Watson's AI-driven Radar Vision tool enhancing underwriting and risk analytics.

Covu Expands AI-Powered Insurance Services by Acquiring CIII Insurance Services

Covu expands its AI-native platform and client base by acquiring CIII Insurance Services, enhancing operational efficiency and carrier relationships in P&C insurance.

NCOIL 2025 Spring Meeting Elevates National Insurance Policy Collaboration

The 2025 NCOIL Spring Meeting in Charleston advances key insurance reforms, including prior authorization, AI in insurance, and prescription drug affordability, with record participation from legislators and regulators.

CCC to Launch AI-Powered Auto Casualty Claims Solution in 2025

CCC Intelligent Solutions plans to launch Medhub for Casualty, an AI-powered platform enhancing auto casualty claims management with advanced medical data synthesis by Q3 2025.