Tag Archives: Insurance Innovation

The Binary Big Bang: AI Agents’ Quiet Revolution in the Insurance Industry

What is the “Binary Big Bang,” then? The moment artificial intelligence transforms from a tool to a colleague is a gradual and potent ignition rather than a one-time blast. It specifically monitors the rise of agentic systems, which are self-governing, objective AI agents that not only help but also create, design, test, and implement software—often …

Will There Ever Be Completely Digital Insurance? An Examination of the Future

Let us look honestly at our future direction. The Digital Revolution Is Already Happening The insurance industry is already undergoing digital transformation; it is not simply a catchphrase. Nowadays, a lot of insurers provide: Online quotes and purchases for policies AI and chatbots for customer service Filing claims on a mobile device Tools for digital …

Insurance News: Looking Back at 2025: Restoring Trust, Reevaluating Risk

In 2025, after years of repairing systemic flaws, the global insurance industry finally looked to the future. A cautious but convincing change toward human-centered coverage, tech that worked, and a greater sense of responsibility to people and the environment resulted. Customers with more options and less patience, regulators fed up with greenwashing, and carriers fed …

The Reasons Intelligent Insurers Are Upgrading Their Mainframes and Why This Is the Right Time

Astute insurers have no intention of waiting to see how long their antiquated systems will last. They are updating their mainframes as a strategic move toward speed, agility, and future-proofing, not as a show-off endeavor. The Silent Immediacy of Modernizing Mainframes The mainframe is not glamorous, let us face it. It is not what you …

Insurance Telematics: More Than Just a Tool for Pricing

The Chief Customer Officer at Cambridge Mobile Telematics, David Morse, joins Abbey Compton and me in this week’s Insurance News Analysis. Together, we explore how telematics data is subtly changing the insurance value chain from top to bottom, going beyond simply lowering premiums. From a Pricing Lever to a Tool for Strategic Power Historically, telematics—think …

Insurers are using the cloud to spur innovation, shed technical baggage, and save costs.

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The issue that many carriers are beginning with is surprisingly straightforward: What is the benefit of maintaining our legacy systems? For the majority, the truthful response is: not much. This is the reason for the change—a purposeful replatforming to the cloud. This is a strategic unburdening, not merely a technological update. Insurers are releasing themselves …

Five Unusual Strategies to Streamline and Reimagine Your Insurance Business

Insurers are being expected to do more than just digitize; they are being forced to reimagine in a world where disruption feels more like a continuous pulse than an isolated incident. The unseen scaffolding of the industry has long consisted of segregated functions, sprawling operations, and legacy technology. However, insurance businesses must simplify if they …

Insurance Generative AI Offers Great Potential, But Only If Done Correctly

In a recent episode of Insurance News Analysis, I had the honor of sitting in the hot seat—which is typically occupied by Kenneth Saldanha himself—with Bruce Hentschel, a seasoned professional in the field, to discuss what responsible usage of generative AI in insurance actually entails. It is about much more than efficiency and automation, spoiler …