What are the legal implications of AI for the insurance industry? & more…Keep up with what has been happening this week in our latest insurance news round-up…
Gallagher reports growth in SCPR capacity amid hot geopolitical climate
Rising insurer participation boosts coverage for political and contract frustration risks
Cyclone Alfred losses to at least be hundreds of millions AUD, says Aon
Global insurance and reinsurance broker Aon has estimated that Cyclone Alfred’s economic and insured loss impacts will reach at least into the hundreds of millions of AUD, although has stressed that it’s too early to determine the ultimate financial impact and its implications on the local re/insurance market.
What are the legal implications of AI for the insurance industry?
Specialist outlines the challenges and opportunities facing insurers
WTW partners with Liberty Specialty Markets to transform digital trading with Neuron
WTW has announced that Liberty Specialty Markets (LSM) will be an early adopter of Neuron, the digital trading platform. Developed by WTW to modernise the placement of specialty risks, Neuron connects brokers and insurers in real time, simplifying and accelerating the trading of complex specialty risks while enhancing efficiency across the insurance value chain.
New AI tool Transpose will make information more accessible and customised – LCP
LCP has launched a new tool – Transpose™ – to make content more accessible and customisable, as AI technology continues to develop, increasing automation.
