In a recent interview, Capgemini remarked that AI in the insurance industry is “enabling capabilities that weren’t possible before” and that 2025 will be the year “it starts to deliver real value”. We investigate whether introducing AM Best performance assessments for MGAs should be the new norm in our latest article. In its new report, WTW says that ongoing Russia/Ukraine leasing claims could affect (re)insurer appetite in the airline insurance market.
2025, the year GenAI delivers real value to the re/insurance industry: Capgemini’s Denninger (Source: Reinsurance News)
AI is no longer just hype according to Capgemini’s global insurance industry leader, Adam Denninger. “…what we are seeing now is the practical and valuable application of AI in insurance operations. AI itself isn’t a standalone solution; it’s part of the broader operational process.”
AM Best Performance Assessments – A Must Have or a Nice to Have? (Source: OneAdvent)
Research reveals that over 80% of brokers think MGAs should undergo AM Best performance assessments but is this the best measure of reliability? This article explores what this could mean for brokers, carriers and the industry.
Airline Insurance Market Renewal Outlook: Q1 2025 (Source: WTW)
According to WTW there is plenty of supply of aviation insurance, but the market is “susceptible to change [and] it is prudent not to lose sight of the longer-term view”.
Lloyd’s expands investment platform with new Solvency II-efficient funds (Source: Insurance Business Magazine)
Lloyd’s has said that the initiative aims to support treasury and investment teams within the managing agent community by providing a broader range of investment options.
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