Technology/Science
Munich Re Unit to Cut 1,000 Positions as AI Takes Over Jobs
Munich Re's primary insurance unit ERGO aims to cut about 1,000 positions in Germany, partly as a result of its increased use of artificial intelligence. The cuts affect simple and repetitive tasks ...
AI Claim Assistant Now Taking Auto Damage Claims Calls at Travelers
The Travelers Companies announced the launch of AI Claim Assistant, a fully agentic intelligent voice service to handle customer claim calls. The service, developed using OpenAI model capabilities ...
AI Needs Its Own Risk Class: Lockton Re
The rapid adoption of artificial intelligence by organizations across all industries is changing the commercial risk landscape; it's time to consider making AI its own ...
Experian Launches Insurance Marketplace App on ChatGPT
Experian announced the launch of the Experian Insurance Marketplace app on ChatGPT, introducing its insurance comparison platform to OpenAI's audience, to help consumers find auto insurance. In the ...
AIG’s Zaffino: Outcomes From AI Use Went From ‘Aspirational’ to ‘Beyond Expectations’
American International Group (AIG) made substantial progress in artificial intelligence within the last year, and its outcomes and capabilities are more than previously predicted. The insurer during ...
A 10-Year Wait for Autonomous Vehicles to Impact Insurers, Says Fitch
Fitch Ratings said it does not expect autonomous vehicles (AVs) to "have any meaningful impact" on insurers in the next decade. Therefore, impacts to credit ratings will be modest. However, over ...
TikTok Charged for Breaching EU Rules With App’s Addictive Features
TikTok was charged on Friday with breaching EU online content rules over what the bloc's regulator said were its addictive features and was told to change the design of its app ...
Register: Risky Future AI Tools for Aerial and Geospatial Intelligence ‘Demo Day’ Event on Feb. 11
Insurance Journal's Risky Future series is hosting the "AI Tools for Aerial and Geospatial Intelligence" Demo Day, a series of free AI tool demonstrations designed ...
