Latest AI News

By James W. Moore Editor’s Note Last week, Guidewire's proposed acquisition of hyperexponential illustrated how seriously established insurance technology providers are taking AI-driven underwriting. This week offered a different perspective: evidence of what the...

By James W. Moore Editor's Note Last week, we looked at how insurers are beginning to identify, exclude, price, and cover AI-related liability. This week, one of the companies helping drive the technology offered a striking assessment of how difficult that task could...

Editor's Note On Wednesday we published The Wheel of New Coverage, which argued that insurance rarely waits until a new risk is understood. It excludes the uncertainty, sells back a defined piece, and learns. The same week, two of the largest commercial carriers...

Editor's Note Some of the more interesting AI developments this week were about what happens when organizations stop assuming the technology will behave exactly as intended. G7 financial authorities are preparing exercises around AI-enabled cyberattacks. Microsoft CEO...

Editor’s Note This week, several developments pointed toward the same transition. AXA has attached a recurring earnings target to its AI strategy. Aon is watching AI-related claims migrate into familiar directors and officers liability theories. State regulators are...

Editor’s Note The most interesting AI developments this week were not really about models getting smarter. Independent insurance agencies are adopting AI much faster than they were two years ago. Insurance regulators are moving AI tools into the hands of people...

Editor’s Note Three announcements caught my attention this week. One concerns the submissions arriving at a managing general agent. Another concerns claims estimates. The third concerns how a carrier decides which brokers and submissions deserve more attention. Each...

Editor’s Note AI governance is becoming more tangible. An updated National Association of Insurance Commissioners working document now makes the model inventory an explicit part of regulatory inquiry. Australia’s prudential regulator is asking financial institutions...

Editor’s Note Artificial intelligence had a very good week and a very troubling one. OpenAI coordinated roughly 10,000 AI agents in an effort that may have resolved one of mathematics’ most important unsolved problems. Meanwhile, a United Kingdom government evaluation...

Editor’s Note Artificial intelligence is starting to look less like a technology project and more like institutional infrastructure. The evidence this week comes from very different directions. The United Arab Emirates is working on a framework for deciding which...