Artificial Intelligence

Experts and the general public ranked threats for AXA’s Future Risks Report.

One in four insurers now use AI to assess risk for convective storms.

Seventy percent of insurers expect to deploy predictive AI models within two years.

The market will more than double in size, according to a new report.

Use of AI and digital tools is becoming increasingly important.

Forrester: At least five carriers will exit the auto insurance market in 2025.

AI use may result in significant additional regulatory burdens for insurance producers.

Global insurtech funding ballooned during Q2 2024. Here, an Xceedance exec sounds off on the trends.