Mutual of Omaha

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How a Legacy Financial Institution Went All In on Gen AI

Why did Moody's—a legacy financial institution built on risk assessment—move aggressively to adopt generative AI, an unproven technology? Because leadership calculated that the risk of standing still outweighed the risk of moving fast.

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 7month
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 7month
GenAI Capabilities rolled out to 100% of Manulife's Workforce with 75% Engagement Rate

Manulife announced today that over 75 percent of its global workforce are engaged with GenAI through learning, immersive experiences and tools, including ChatMFC, its proprietary GenAI assistant introduced in 2024.

Chatbots 7month
Unique raises $30m to accelerate AI innovation for financial services

Its technology is already deployed by financial firms managing over $2.3tn in assets, including Pictet Group, UBP, LGT Private Banking, and SIX.

Blockchain 7month
Old Dominion University Launches Enterprise Chatbot

Specifically designed for faculty, MonarchMind gives users access to ChatGPT, Gemini and Llama on a secure, university-run system that does not share chat data with outside parties or use it to train AI models.

Chatbots 7month
Overland AI opens new factory in Seattle to manufacture off-road autonomous vehicles

Seattle startup Overland AI is bringing manufacturing operations close to home with the opening of a 22,000 square-foot facility that will help the 3-year-old company boost production of its autonomous ground systems.