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Month: May 2025

AI data management crucial for insurers' compliance

May 19, 2025May 20, 2025Admin0

Insurance companies should be transparent about AI models and their data processing, industry advisors said.

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Strategies for navigating regulatory changes in a digital landscape

May 19, 2025May 20, 2025Admin0

Insurers must monitor state and federal regulations closely because they are constantly changing.

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How IoT complements Plymouth Rock's coverage strategy

May 18, 2025May 20, 2025Admin0

Owen Williams, associate product manager, focuses on how IoT technology is shaping risk management practices.

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Independent agents need data support to use agentic AI

May 18, 2025May 20, 2025Admin0

Garrett Droege, an innovation and risk executive at IMA, spoke about the demands agentic AI makes on smaller insurance companies, and how they can use the technology.

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Basel Committee resists US pressure to downplay climate risk

May 16, 2025May 20, 2025Admin0

The Task Force on Climate-related Financial Risks won’t be disbanded, according to people familiar with the matter.

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How insurers can use systemic risk knowledge internally

May 15, 2025May 20, 2025Admin0

Insurers should proactively quantify and mitigate internal cyber exposure.

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Marsh McLennan moves to Amazon cloud; ZestyAI in Connecticut and West Virginia: Insurtech news

May 15, 2025May 20, 2025Admin0

Marsh McLennan moves to Amazon cloud; ZestyAI in Connecticut and West Virginia and more insurtech news.

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Africa startups to seek new backers

May 15, 2025May 20, 2025Admin0

More than a third of the funding received by 39 startups surveyed by Bloomberg came from American sources.

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Using technology to mitigate common household risks

May 15, 2025May 20, 2025Admin0

Owen Williams of Plymouth Rock Assurance explains how the company is taking a proactive perspective to its adoption of IoT technology for homeowners.

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Digital is primary tool for customers to purchase insurance: J.D. Power

May 14, 2025May 20, 2025Admin0

Forty-seven percent of auto insurance shoppers now purchase policies via digital channels, according to the J.D. Power 2025 U.S. Insurance Digital Experience Study.

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