AI on the wire
Headlines about AI from other publications, as our wire picks them up four times a day. Each links to the publisher; our own reporting is under Reporting.
Barclays Turns to Insurers to Hedge Billions of Data Center Debt ↗
Barclays seeks default protection from insurers on over $10bn of debt financing AI data centres.
Avante raises $30 million Series A ↗
Avante raises $30m Series A; its AI tools help employers analyse benefits documents.
Also: FinTech Global
MS Amlin introduces AI wording tool to speed up renewals ↗
How Vellum is tackling insurance’s AI-ready data problem ↗
We urgently need to monitor AI agents’ actions in real time ↗
Reports say OpenAI test agents escaped their environment and hacked Hugging Face; authors urge real-time monitoring.
AI has come for Arizona’s water ↗
Feature examines the water demands of an Arizona chip plant feeding AI infrastructure.
PolicyMe launches AI underwriting copilot ↗
PolicyMe has launched an AI underwriting copilot, saying it has helped over 50,000 Canadians secure $20bn in cover.
Also: FinTech Global
OpenAI reveals ‘strength and depth’ of security insurers need ↗
Completion of the bill establishing a Ministry of Technology and Artificial Intelligence ↗
Lebanese parliamentary subcommittee approves a draft law creating a Ministry of Technology and AI.
October 05, 2022 Munich Re buys API-focused insurtech ↗
January 31, 2019 Munich Re to become a shareholder in the acclaimed German Research Centre for Artificial Intelligence ↗
October 25, 2018 Munich Re partners with Plug and Play China’s InsurTech program to promote innovation in startups ↗
October 24, 2018 HSB Closes Acquisition of relayr ↗
HSB closes its acquisition of the IoT insurtech relayr.
April 22, 2018 Munich Re and Fraugster use artificial intelligence to improve security of online sales ↗
September 09, 2017 B3i launches working reinsurance blockchain prototype ↗
February 05, 2017 Munich Re: Blockchain Initiative B3i gains truly international scope ↗
Blockchain initiative B3i gains an international membership scope.
May 27, 2025 | Business news With MIRA PoS, Eurolife takes the next step in its digital transformation ↗
Eurolife takes a further digital transformation step with the MIRA point-of-sale system.
January 27, 2025 | Business news Sun Life Philippines Goes Live with ALLFINANZ SPARK ↗
Sun Life Philippines goes live with Munich Re's ALLFINANZ SPARK insurance platform.
September 04, 2024 | Business news Sun Life Malaysia Adopts Munich Re Automation Solutions SaaS Underwriting Platform, ALLFINANZ SPARK ↗
May 21, 2024 | Business news Mongeral Aegon goes live with Munich Re Automation Solutions’ automated underwriting solution, SARA ↗
April 23, 2024 | Business news Munich Re Life US and Clareto Usher in Next-Level Efficiency in Life Insurance Underwriting with Automated EHR Summarizer ↗
April 08, 2024 | Business news Munich Re Automation Solutions announces business relationship with American Family Life Insurance Company ↗
December 19, 2023 | Business news Automation Solutions accelerates insurance underwriting with SARA ↗
Munich Re Automation Solutions says its SARA tool accelerates insurance underwriting.
Verisk Brings Its Proprietary Insurance Intelligence to Amazon and Microsoft AI Platforms, Expands Offerings Within Claude ↗
Verisk makes its insurance intelligence available on Amazon and Microsoft AI platforms and within Claude.
Everest Group Recognizes Shift Technology as a Top 10 High Potential Payment Integrity Specialist Shift Technology recognized as a top Payment Integrity Specialist by Everest Group for its innovative AI-driven solutions transforming the health insurance claims process. ↗
Everest Group recognises Shift Technology as a top payment integrity specialist for its AI health claims work.
Also: JD Supra (insurance), Insurance Business (Australia), treasury.gov.au
Shift Technology Launches Shift Claims to Power Claims Transformation with Agentic AI Shift Technology launches Shift Claims, leveraging agentic AI to streamline claims processes, reduce losses, and enhance customer satisfaction for insurers. ↗
Canada’s Life and Health Insurers are Fighting Fraud Using Advanced Artificial Intelligence The work we are doing with the CLHIA delivers a comprehensive, industry-wide perspective on suspicious behavior, benefitting all member organizations in their fight against fraud ↗
Canadian life and health insurers work with Shift on an industry-wide AI fraud initiative.
Shelter Insurance Goes with Shift for Claims Fraud Detection Shelter Insurance selected Shift Technology's AI to combat auto and property insurance fraud, enhancing customer service and operational efficiency. ↗
Elephant Insurance Expands Relationship with Shift Technology Elephant Insurance has expanded its relationship with the company and will deploy Shift Subrogation Detection to more efficiently uncover subrogation and recovery opportunities in the claims process. ↗
Guidewire Deepens Relationship with Shift Technology, Naming Shift its Strategic Partner to Help Mitigate Insurance Fraud The expanded partnership promotes rapid integration of Shift’s AI-powered fraud detection technology with Guidewire, improving efficiency and productivity ↗
Shift Technology’s Generative AI Capabilities Delivering Positive Impact for Global Insurers Customers using Shift's GenAI solutions are achieving significant accuracy and efficiency improvements in claims processes. ↗
Shift claims its generative AI customers see accuracy and efficiency gains in claims processing.
Shift Technology Strengthens Insurance Decisioning Solutions via Generative AI Capabilities Shift Technology, a provider of AI-powered decision optimization solutions, announced Gen AI functionality across its suite of products. ↗
Shift adds generative AI functionality across its insurance decisioning product suite.
Shift Technology and TransUnion Cement Data Sharing Relationship Shift Technology and external data provider TransUnion ink partnership to drive AI-powered fraud detection ↗
New AI Solution IFB Exploration Drives up Fraud Detection for Insurers IFB Exploration delivers one year of AI-powered fraud detection to protect UK insurers and their insureds. ↗
Central Insurance Expands Relationship with Shift Technology Central Insurance selects Shift Technology to provide AI-powered subrogation detection ↗
Direct Assurance adds Home Insurance Fraud Detection in Expansion of Relationship with Shift Technology Shift Technology and Direct Assurance announce their renewed collaboration for AI-based fraud detection. ↗
The General Insurance Association of Singapore and Shift Technology Expand Strategic Relationship on Fraud Management and Detection The General Insurance Association of Singapore (GIA) will extend its use of Shift Claims Fraud Detection on behalf of its member insurers. ↗
Percayso Inform partners with Shift Technology to deliver enhanced solutions for insurance providers News Release announcing new partnership with Percayso Inform ↗
Shift Technology Partners with Sapiens to Streamline Fraud Detection for P&C Insurers Users of Sapiens IDITSuite for P&C insurers will soon be able to have alerts generated from Shift Claims Fraud Detection delivered directly into their claims management environment. ↗
Shift partners with Sapiens to deliver fraud alerts into Sapiens IDITSuite claims environments.
Shift Technology Taps into Legentic Data to Help Insurers Make Better Decisions About Suspicious Claims Shift and Legentic have entered a technology partnership. ↗
Shift partners with Legentic data to help insurers assess suspicious claims.
The full wire, every subject: The wire →