Digital Insurance

Insurers should slow adoption of AI and ensure human oversight, say consumer advocates including Douglas Heller of @ConsumerFed, Monica Palmeira of @Greenlining and Katherine Hempstead @khemp64 of the Robert Wood Johnson Foundation. sbrew.link/9O254EZz #AIregulation #InsuranceClaims #DigitalInsuranceNews

Never mind threat intelligence reports or technology forecasts – claims are the best indicator of cyber risks, writes Will Gow of Brecon Specialty. sbrew.link/5fP83FgG #cybersecurity #InsuranceClaims #AIrisks #InsureThink

While insurance customers tell an @accenture survey they are open to AI agents and recommendations, @Bob_Hartwig of @UofSC says insurers will act conservatively because AI agents have produced inaccurate quotes. sbrew.link/qezhMtwd #AIagents #insurtech #DigitalInsuranceNews

Jay Singh, co-founder and CEO of Hedgeness, sees a strong opportunity for AI implementation, but insurtechs must be clear on the problem they aim to solve. “Technology should create value for the people using it, not introduce another layer of complexity,” said Singh. sbrew.link/KzMR1j3y #insurtech #DigitalInsuranceNews

Underwriting AI risks depends heavily on pricing and governance, writes Jack Kudale, founder, CEO and chairman of @CowbellCyber, a cyber risk technology provider. sbrew.link/NVcqOrjA #AI #cybersecurity #underwriting #CommercialInsurance #InsureThink

Insurance commissioner election results: California race between Ben Allen and Jane Kim remains undecided; Keisha Sean Waites upsets incumbent John King in Georgia; Republicans Bob Sullivan in Oklahoma and Dan Hawkins in Kansas win open seats. Read what the candidates had to say about AI in insurance. sbrew.link/Mhn3r2aR #Elections2026 #AI #insurance #regulation #DigitalInsuranceNews

Fraudsters are having a field day using AI to attack small and medium-sized enterprises, which themselves suffer from poor AI governance. What's an insurer to do? @Travelers proactively alerts SMEs to emerging threats and has begun performing voluntary AI risk assessments of its policyholders. sbrew.link/GmQe9lwO #AI #cyber #cyberrisk #DigitalInsuranceNews

Insurers should slow adoption of AI and ensure human oversight, say consumer advocates including Douglas Heller of @ConsumerFed, Monica Palmeira of @Greenlining and Katherine Hempstead @khemp64 of the Robert Wood Johnson Foundation. sbrew.link/pkHPdV8X #AIregulation #InsuranceClaims #DigitalInsuranceNews

Candidates for insurance commissioner in four states spoke about the risks and benefits of AI, including California’s @BenAllenCA @JaneKim, Georgia’s @keisha_waites, Kansas’ @dinah_sykes and Oklahoma’s Craig MacIntyre and Bob Sullivan. sbrew.link/e0RUnnpc #USMidterms #Midterms2026 #InsuranceRegulation #DigitalInsuranceNews

Parametric insurance is designed to fill a coverage gap for commercial customers, but homeowners are now being led to the product by ChatGPT. In the event of a power outage, for example, "most homeowners are now realizing that they don't have food spoilage coverage in their contract anymore, and realize that our … product could actually cover them for that," said Mike Gulla, CEO of Adaptive Insurance. #AI #ChatGPT #Insurance #DigitalInsuranceNews sbrew.link/bklvF44Y

As insurers experiment with AI, having predictable costs is becoming an important operating issue, writes Arun Balakrishnan, CEO of @XceedanceGlobal. Balakrishnan offers advice for insurers on how to better manage AI costs. sbrew.link/FtoOuu8m #AIcosts #Insurance #InsureThink

The increased risk from AI adoption is the No. 2 driver for SMEs to buy cyber insurance coverage, according to a survey by @globaldataplc. GlobalData estimates that the global cyber insurance market will reach $35.4 billion by 2030. sbrew.link/tpSBcmnx #CyberInsurance #DigitalInsuranceNews

AI, data and know-how can make insurers more resilient to climate losses, writes Mike Gulla, co-founder and CEO of Adaptive Insurance. sbrew.link/zAIbiatx #AI #DigitalInsuranceNews

Candidates for insurance commissioner in four states spoke about the risks and benefits of AI, including California’s @BenAllenCA @JaneKim, Georgia’s @keisha_waites, Kansas’ @dinah_sykes and Oklahoma’s Craig MacIntyre and Bob Sullivan. sbrew.link/ulaobUUF #USMidterms #Midterms2026 #InsuranceRegulation #DigitalInsuranceNews

Organizations must show clear value in AI deployment and digitization, according to leaders from @zinnia @HappyRobot @HarborAI_ who shared their insights into the biggest opportunities for insurtechs over the next six months. sbrew.link/4mdSWPfC #insurtechs #AI #DigitalInsuranceNews

AI agents are coming for insurers, and they aren’t swayed by fancy ad campaigns, writes Alex Timm, co-founder and CEO of @RootInsurance. sbrew.link/MttD5Mtq #AI #insurance #InsureThink

AI agents don't shop like normal policyholders do. Brand image means far less to them than rates and other terms do. And they don't ever have to stop shopping for a better deal. Insurance companies are starting to reckon with this new reality. sbrew.link/GR4O4PHC #AI #Insurance #DigitalInsuranceNews

The Federal Open Market Committee (FOMC) started a rate-hiking cycle at its September meeting. Inflation continues at an above target pace. Will they raise rates again in October or pause? Join Bond Buyer live on Oct. 29 at 1 p.m. ET, as Gary Pzegeo, CIO of CIBC Private Wealth US, reviews the meeting, Chair Kevin Warsh’s press conference, and what may lie ahead. Register now. sbrew.link/O2obQg0x #InterestRates #MonetaryPolicy #FederalReserve

Policyholders are increasingly likely to switch carriers, even though their actual rate of shopping isn't showing a meaningful increase, according to @JDPower 2026 third-quarter research. However, both shopping and switching could increase in the coming months, as AI agents research and compare rates on the customers' behalf, the report notes. “The expectation is that shopping, and potentially switching, may start to trend upwards as consumers start becoming more familiar with AI tools and start utilizing them more for day-to-day activities,” said Tony Soloman, JD Power’s director of insurance intelligence. sbrew.link/0Zg7Wllo #AI #DigitalInsurance

Parametric insurance is designed to fill a coverage gap for commercial customers, but homeowners are now being led to the product by ChatGPT. In the event of a power outage, for example, "most homeowners are now realizing that they don't have food spoilage coverage in their contract anymore, and realize that our … product could actually cover them for that," said Mike Gulla, CEO of Adaptive Insurance. #AI #ChatGPT #Insurance #DigitalInsuranceNews sbrew.link/bdEHRMwB