EXL Named Leader in 2025 NEAT Evaluation for P&C Analytics & AI
EXL recognized as a leader in 2025 NEAT Evaluation for Property & Casualty Insurance analytics and AI, enhancing underwriting and claims operations with AI-driven solutions.
U.S. Commercial Auto Insurance Sector Posts $10B Underwriting Losses in Two Years
AM Best report reveals $10 billion underwriting losses in U.S. commercial auto insurance over two years, driven by loss severity, social inflation, and reserve issues.
Modernization Strategies for Mutual Property and Casualty Insurers
Explore effective modernization strategies for mutual property and casualty insurers focusing on technology, AI, security, and member-centric outcomes to stay competitive.
Web-First Innovation Drives Evolution in Property & Casualty Insurance
Explore how web-first, cloud-native technologies are reshaping property and casualty insurance with advanced automation, AI, and interconnected ecosystems for enhanced efficiency and customer experience.
Sapiens Launches AI-Enhanced CoreSuite 13.0 for North American P&C Insurance Market
Sapiens launches CoreSuite 13.0 with AI-driven underwriting and enhanced claims and billing tools, improving operational efficiency for North American P&C insurers.
Sompo's $3.5B Acquisition of Aspen Boosts ROE and Specialty Lines
Sompo Holdings acquires Aspen Insurance for $3.5 billion, aiming to enhance ROE and diversify into growing specialty insurance sectors including cyber, credit, and political risk.
Westfield Appoints Henning Haagen as Chief Underwriting Officer
Westfield Insurance names Henning Haagen as Chief Underwriting Officer to lead enterprise underwriting strategy and portfolio management, enhancing underwriting performance and profitability.
US Excess Casualty Rate Increases Moderate from 2024 Peak
US excess casualty insurance rates remain elevated but are moderating, especially in high excess layers, signaling a shift in market pricing dynamics after 2024's peak increases.
Baker Tilly Supports P&C Insurer in NAIC AI Governance Compliance and Maturity Assessment
Baker Tilly partnered with a mutual P&C insurer to validate compliance with the NAIC Model AI Bulletin and benchmark AI governance maturity, delivering a strategic roadmap for responsible AI adoption in insurance.
CCC and Elitek Advance AI Automation in Collision Repair and Insurance Tech
CCC Intelligent Solutions and Elitek enhance collision repair automation with AI-driven workflows, boosting efficiency in the P&C insurance claims process.