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Tag: Insurers

Australian insurers are lagging their global rivals as AI and cyber risks increase
AI News

Australian insurers are lagging their global rivals as AI and cyber risks increase

vm_adminNovember 28, 2025

By Shannon Williams Publication Date: 2025-11-27 23:19:00 Australian insurers’ willingness to deal with major risks has fallen to its lowest…

Global insurers are vying to deploy agent AI at the “core” of their operations
AI News

Global insurers are vying to deploy agent AI at the “core” of their operations

vm_adminNovember 27, 2025

By Daniel Wood Publication Date: 2025-11-27 16:15:00 The HR strategy is non-negotiable The success or failure of technology adoption always…

Major insurers seek approval to limit liability for AI-related claims – report
AI News

Major insurers seek approval to limit liability for AI-related claims – report

vm_adminNovember 24, 2025

By Josh Recamara Publication Date: 2025-11-24 05:09:00 AIG, Great American and WR Berkley are established leaders in the insurance market,…

Insurers are pulling out of AI coverage as the risk of billions of dollars in claims rises
AI News

Insurers are pulling out of AI coverage as the risk of billions of dollars in claims rises

vm_adminNovember 23, 2025

By Lee Harris,Cristina Criddle Publication Date: 2025-11-23 05:00:00 Major insurers are seeking to exclude artificial intelligence risks from their corporate…

Trust issues stall insurers’ plans for youth, AI growth – GlobalData
AI News

Trust issues stall insurers’ plans for youth, AI growth – GlobalData

vm_adminMay 14, 2025

“Despite the positive perceptions, insurers face challenges in ensuring consumers adopt AI tools. Many consumers find that the technology is…

Insurers Begin Covering AI Mishap-Related Losses | PYMNTS.com
AI News

Insurers Begin Covering AI Mishap-Related Losses | PYMNTS.com

vm_adminMay 12, 2025

Lloyd’s of London has debuted an insurance product for companies dealing with artificial intelligence (AI)-related malfunctions. As the Financial Times…

Insurers launch cover for losses caused by AI chatbot errors
AI News

Insurers launch cover for losses caused by AI chatbot errors

vm_adminMay 11, 2025

Insurers launch cover for losses caused by AI chatbot errors  Financial Times Article Source https://www.ft.com/content/1d35759f-f2a9-46c4-904b-4a78ccc027df

IBM Sues Insurers Over 0M In Environmental Expenses – Law360
IBM

IBM Sues Insurers Over $900M In Environmental Expenses – Law360

vm_adminApril 16, 2025

By Ganesh Setty ( April 16, 2025, 7:07 PM EDT) — IBM has taken several of its excess commercial general…

IBM Sues Liability Insurers Over Environmental Remediation Costs
IBM

IBM Sues Liability Insurers Over Environmental Remediation Costs

vm_adminApril 16, 2025

Many carriers—including units of Chubb Ltd. and Travelers Cos.—that insured IBM Corp. in the 1960s owe coverage for more than…

Health insurers’ rapid adoption of AI tools is outpacing regulators’ ability to keep watch
AI News

Health insurers’ rapid adoption of AI tools is outpacing regulators’ ability to keep watch

vm_adminMarch 25, 2025

Inside the nation’s largest health insurance companies, artificial intelligence is taking off like a rocket. Elevance, which covers about 110…

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