News – Page 5
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NewsHigh five: Catch up on the biggest exclusive stories this week
Insurance Times rounds up the biggest exclusive stories from 7 to 11 July 2025
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NewsIS2 on track to double its 2023 revenue after strong H1 2025
‘Our continued success is directly linked to the ambition and innovation of our clients,’ says managing director
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NewsClaims handlers welcoming automation despite job security fears
‘Successful automation will empower claims handlers, not replace them,’ says deputy chief executive
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NewsUK skills shortage blocking AI adoption – Allianz Trade
‘Bridging this skills gap will support the drive for innovation, productivity and long-term growth in today’s competitive landscape,’ says chief executive
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NewsBiba launches new guide to help brokers understand more about AI
’In a world where technology can be transformative, we wanted to help members grasp the opportunities and the risks it presents,’ says chief executive
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NewsAon launches new platform to modernise commercial insurance placement process
’As risk becomes more complex, the future of broking will belong to firms that can combine expertise with intelligence at scale,’ says chief executive of commercial risk
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NewsMore UK insurance customers warming to AI use in industry
Comfort with insurers’ usage of AI is growing, especially among regular AI users
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NewsStrategic clarity needed to guide increasing AI uptake – Hyperexponential
‘The insurers who succeed will be those who treat it as a company-wide objective, not just a department-led experiment,’ says chief executive
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NewsStartup to launch new AI underwriting platform as it looks to tackle ‘impossible market’
’We want to work with the market for the next 10 years and be the defining generative AI underwriters,’ says chief executive
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NewsSend hires new chief people officer to drive talent strategy
’His years of experience in HR and first-hand experience of working with scale-up businesses like ours make him the perfect choice,’ says chief executive
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NewsRising cyber risk drives Markel to launch new insurtech proposition
‘We want to disrupt traditional insurance products, as well as how customers view the role of the insurer,’ says head
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NewsFCA partnership creates ‘Supercharged Sandbox’ to accelerate industry’s AI innovation
’This collaboration will help those that want to test AI ideas, but who lack the capabilities to do so,’ says regulator
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NewsHiscox UK enhances technology insurance with explicit AI claims coverage
’While the rapid take-up of AI has created considerable opportunity, it also carries additional risks, so we need to be proactive and clear with customers about whether these risks are covered,’ says head of technology
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NewsAviva declares market first as it launches on new placement strategy tool
’This is another market first for Aviva, reaffirming our commitment to investing in tools and technologies that enable us to work more closely with our brokers to deliver better customer outcomes,’ says broker distribution director
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NewsGulf in AI adoption opening between national and regional brokers
’AI isn’t a Terminator-esque spectre rising to do hard-working brokers out of a job,’ says head
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NewsInsurance firms making ‘questionable investments’ at a time of AI hype
‘Everyone’s scrambling to figure out how to leverage AI for their business,’ says chief executive
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NewsMarsh unveils new service for data centre clients
‘We empower data centre developers, operators and owners to protect their investments and enhance their resilience against emerging threats,’ says executive
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NewsBiba 2025: Mitigating dynamic risk with AI and data the future of insurance
‘There’s a huge opportunity to almost redefine what insurance is and brokers will lead that,’ says chief executive
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NewsBalancing technology and talent the key to embedding claims automation
The appetite for claims automation is strong, though views on implementation differ between business leaders and claims handlers
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NewsInsurers should consider Bitcoin’s role in investment portfolios – Cartwright
’Although Bitcoin may still feel unconventional to some, its characteristics as a finite, decentralised, high liquid asset with low correlation to traditional markets make it increasingly difficult to disregard,’ says head of corporate treasury
