Insurance and technology experts explore how GenAI & ChatGPT are reshaping the insurance industry & more…Keep up with what has been happening this week in our latest insurance news round-up…

WTW and Sønr partner to strengthen innovation initiatives

Sønr, the innovation scouting and collaboration platform, has announced a strategic partnership with WTW to “bolster” the insurance broker’s innovation initiatives, and strengthen connectivity within its innovation teams globally.

Allianz Direct partners with ING

Allianz Direct, the Allianz Group’s pan-European online insurer, is entering into a partnership with ING in the Netherlands. This partnership offers companies and entrepreneurs, from sole traders to small- and medium enterprises, access to a wide range of Allianz Direct business insurance products. These insurance policies will be available from mid-2024 through ING’s digital platforms.

AXA UK Strengthens Fraud Prevention Measures with Synectics Solutions Partnership

AXA UK is announcing its partnership with Synectics Solutions leveraging its fraud prevention solution, SIRA in a strategic move to support the company’s anti-fraud strategy, potentially avoiding millions of pounds in losses. The SIRA platform leverages National SIRA data, the largest syndicated database of cross sector customer risk intelligence in the UK.

Aon hits insurance rival Howden with lawsuit a month after another settlement

Insurance broker Howden Group Holdings has been hit with a new lawsuit by Aon, one month after the former settled its other claim.

AM Best panel explores how GenAI & ChatGPT are reshaping the insurance industry

A recent panel hosted by AM Best, that included insurance and technology experts, examined how Generative AI and ChatGPT technologies will play a key role in driving the customer experience across the industry.