Canada Life Reinsurance

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Best's Commentary: AI Model DeepSeek Could Improve Operating Efficiency Among China's Insurers, Albeit with Risks

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,

AI-powered parametric insurer Mythen launches in Bermuda and Texas

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

Blockchain 8month
DeepSeek's regulatory challenges make its AI a risky bet for Canadian organizations

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.

Cybersecurity 8month
Outmarket AI Secures $4.7M to Revolutionize Commercial Insurance with AI-Powered Intelligence

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,

Cybersecurity 8month
The changing climate of parametric insurance

Parametric insurance products can help to address the increasing protection gap arising in respect of climate-related physical risk. As AI

Cover Genius CRO: Lack of AI regs is insurtech's 'biggest challenge'

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: AI-driven products will continue to be the focus following 'record' 2024

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

DeepSeek's AI launch highlights re/insurers' need for transparent models - RGA

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.

Deep Learning 9month