Find the latest for Canada Life Reinsurance company news
The use of the artificial intelligence model DeepSeek among mainland China insurance companies has the potential to help small to medium-sized carriers improve operational efficiencies. Overall, according to its new commentary,
A new artificial intelligence-driven parametric insurer has launched in Bermuda and Texas, aiming to transform how natural catastrophe risks are underwritten and managed. Mythen, founded by
Canadian organizations considering DeepSeek's AI tools should be following the outcome of these investigations and the company's cooperation with data authorities closely. DeepSeek's non-compliance with the GDPR - viewed as the gold standard for protecting consumer information - will affect public confidence and complicate its adoption in Canada.
Outmarket AI, an intelligence platform transforming commercial insurance with cutting-edge AI, has officially launched with $4.7 million in seed funding. The round, led by Fika Ventures with participation from TTV and Dash Fund,
Parametric insurance products can help to address the increasing protection gap arising in respect of climate-related physical risk. As AI
A lack of regulation of AI usage in insurance is one of the biggest challenges facing the insurance industry today, says Cover Genius' CRO.
CCC Intelligent Solutions had another record year in 2024, and this year will continue its focus on growing artificial intelligence-powered products for the insurance and collision repair
The emergence of open-source AI presents opportunities for life insurers to reduce costs, improve accuracy, and maintain control over sensitive data. DeepSeek's advances suggest that AI innovation is shifting toward open ecosystems, providing insurers with greater flexibility in model deployment and customization.