artificial intelligence

Artificial intelligence offers UK insurers significant opportunities to streamline operations, enhance underwriting and claims decisions, and personalise customer engagement, from intelligent document processing to conversational interfaces and advanced risk scoring. At the same time, professionals must tackle challenges around data quality, model governance, transparency, and ethical use, ensuring that AI applications comply with UK regulatory expectations, avoid discriminatory outcomes, and are explainable to customers, regulators, and internal stakeholders.

Read the latest artificial intelligence news stories below!

LMA issues AI governance blueprint as Lloyd’s market steps up adoption

TRANSFORMATION

LMA issues AI governance blueprint as Lloyd’s market steps up adoption

The toolkit sets out how firms can tier AI risks, shore up controls and scale technologies

Simply Business launches ChatGPT insurance app for small firms

SME

Simply Business launches ChatGPT insurance app for small firms

Generative AI is reshaping small-commercial distribution

Mosaic’s Ravi Shankar on data, AI and APIs to remake specialty underwriting

TRANSFORMATION

Mosaic’s Ravi Shankar on data, AI and APIs to remake specialty underwriting

The insurer’s technology lead says faster quoting, cleaner data and disciplined partnerships are reshaping the approach

Climate, data ethics and debt crisis emerge as long-term threats for insurers - EY

CLAIMS

Climate, data ethics and debt crisis emerge as long-term threats for insurers - EY

CROs are reporting stable headcount but rising demand for data skills

AXA XL names Jiten Halai global CUO of Structured Risk Solutions

INSURANCE NEWS

AXA XL names Jiten Halai global CUO of Structured Risk Solutions

New chief steps in as firm doubles down on one of commercial insurance's fastest-growing segments

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