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News
Don???t eat the whole elephant in one go: the case for a smarter AI strategy in insurance
1+ hour, 19+ min ago (378+ words) Ben Warren (pictured) did not arrive in insurance by the conventional route. His professional life began in journalism, with an undergraduate degree that sharpened instincts he would carry into every subsequent role: a talent for identifying how things are done…...
Insurers thought the threat to cyber was bad from AI. Now even OpenAI is scared
1+ day, 5+ 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
19+ hour, 1+ min 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…...
New York Life hires Chubb's AI platform head as chief AI officer
4+ day, 4+ hour ago (354+ words) New York Life has appointed Zhen Zhao (pictured) as chief AI officer, a role that will oversee the firm's AI strategy, platform development, and deployment of agentic AI and machine learning capabilities. Zhao joins from Chubb, where he served as…...
OpenAI's AI models teamed up to hack their way online. Then Meta admitted a breach of its own
5+ day, 1+ hour ago (786+ words) insurancebusinessmag.com OpenAI's AI models teamed up to hack their way online. Then Meta admitted a breach of its own For cyber and PI underwriters, three separate incidents in days is hard to write off as a one-off At the…...
Your strategy won’t break crucial AI adoption; your people will: Korn Ferry
5+ day, 23+ hour ago (536+ words) Insurance Business Your strategy won’t break crucial AI adoption; your people will: Korn Ferry The bottleneck in insurance AI is not the technology. It is the human system inside the organization The insurance industry’s AI spending as a share of…...
Why insurance AI pilots stall after deployment
5+ day, 23+ hour ago (586+ words) The hardest part of insurance AI is no longer proving that a model can work in a controlled setting. It is deciding who owns it once the pilot ends. For Rob Galbraith, CEO of Forestview Insights and a former insurance…...
‘You don’t need a form - you don’t even need an email’
6+ day, 33+ min ago (695+ words) With AI continuing to upend and streamline the internal workings of the insurance world, data - and how it’s structured - is coming under scrutiny. Historically, data was harnessed manually, leaving room for human error and mistakes. Nowadays, AI is being heavily…...
AI has changed the cyber threat. Has your clients’ cover kept up?
5+ day, 18+ hour ago (261+ words) A coordinated wave of warnings from Australian regulators and intelligence agencies has converged on a single message for insurance brokers: frontier AI is changing the threat environment faster than most clients’ risk tolerances – or their policy wordings – currently reflect. On…...
A rogue AI agent faked its way past a human reviewer. What it means for cyber cover
6+ day, 39+ min ago (604+ words) Insurance Business A rogue AI agent faked its way past a human reviewer. What it means for cyber cover New reports emerging of AI faking identities and pressuring people A frontier AI model spent three days building fake online personas,…...