AI
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The consortium will target excess layers, providing $250mn of capacity.
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InsurTech funding was down 7.3% from $1.09bn in the prior quarter.
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Industry-wide initiatives continue to target expanded youth access to the sector.
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CEO Greg Case said data centre demand could generate over $10bn in new premium volume in 2026.
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Part five in our series looks at how AI can empower brokers to add value as well as speed.
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Plus, the latest people moves and all the top news of the week.
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Part four looks at how the talent landscape will shift in response to AI introduction.
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How does Lloyd’s plan to secure its future as a leading global marketplace?
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Anticipation, motivation and inspiration are central to effective implementation.
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Part III of our series looks at where AI is being integrated into underwriting departments.
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In part II of our series, we look at where AI is being integrated into claims departments.
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A look into how the insurance industry is using AI and where practical gains are arising.
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The LMA urges use of AI for enhanced decision making but concerns remain.