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News
CII warns of AI 'fluency gap' threatening responsible adoption across insurance
5+ hour, 44+ min ago (457+ words) The Chartered Insurance Institute has warned that a critical gap in artificial intelligence fluency across insurance and personal finance could undermine responsible adoption if firms deploy the technology faster than their people can understand, challenge and govern it. The warning…...
AIG taps 15-year veteran to head cyber and professional liability in North America
22+ hour, 17+ min ago (341+ words) Christopher O'Connor (pictured) has been named head of professional liability and cyber, North America at American International Group (AIG). The promotion is an internal one. O'Connor brings financial lines and corporate accounts experience to two segments where brokers face some…...
Nationwide accused of wrongly linking driver to his father's claims
1+ day, 20+ hour ago (452+ words) A national auto insurer is accused of wrongly linking a driver to his own father's claims - then leaving the record uncorrected. In a proposed class action filed August 7, 2026 in federal court in Illinois, an Illinois driver alleges Nationwide Mutual Insurance…...
Insurers thought the threat to cyber was bad from AI. Now even OpenAI is scared
2+ day, 4+ hour ago (263+ words) For months, cyber underwriters have priced in the assumption that artificial intelligence would sharpen attackers' tools faster than it sharpened insurers' defenses. On August 7, OpenAI more or less confirmed that fear itself. For an industry that has spent the past…...
The AI agent that hacked a gym – and the cover that may not respond
1+ day, 18+ hour ago (738+ words) Insurance Business The AI agent that hacked a gym – and the cover that may not respond Australia’s first known autonomous AI intrusion puts policy wording gaps under the spotlight An autonomous artificial intelligence agent has exploited a vulnerability in an…...
Your client’s staff are pasting data into ChatGPT. Their cyber insurer wants to know about it
1+ day, 23+ hour ago (671+ words) Insurance Business Your client’s staff are pasting data into ChatGPT. Their cyber insurer wants to know about it There's no standard question yet for "how is your business using AI?" But insurers are starting to ask anyway Somewhere between a…...
Commercial rates fall for 9th straight quarter, but casualty rises — Aon
2+ day, 1+ hour ago (425+ words) Global commercial insurance rates are still falling, but the latest data from Aon and Marsh pointed to a market splitting in two, and brokers treating it as a single softening trend risk mispricing the advice they give clients at renewal....
Top Insurtech Companies | Global 5-Star Technology and Software Providers
2+ week, 1+ day ago (1653+ words) The result is IB’s Global 5-Star Technology and Software Providers 2026, a recognition of 28 insurtech providers spanning nine countries and six technology categories, all recognized for delivering measurable impact where it matters most, in the hands of the people who use…...
Scammers are borrowing the NCSC's name - and cyber policies don't all respond the same way
4+ day, 10+ hour ago (285+ words) New Zealand insurance brokers have another social engineering risk to raise with clients after the National Cyber Security Centre (NCSC) warned that scammers are making phone calls while posing as representatives of the government cyber security agency. For brokers, the…...
Third-party breaches push brokers toward vendor risk
4+ day, 10+ hour ago (484+ words) Insurance Business Third-party breaches push brokers toward vendor risk One small business was breached through its own supplier A ransomware group calling itself CMD Organization has listed Tasmanian multi-technology and building services firm Contact Group on its dark web leak…...