Your Daily InsurTech Briefing – 2024-09-24

September 24, 2024
1 min read

Let’s see what’s in the news today.

Insurers grapple with AI ethics and regulation

USAA, MMG Insurance and Munich Re executives spoke about these insurers’ efforts to model risk and use data proactively to serve policyholders and prevent bias.

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LinkGevity Awarded Deep-Tech EU Grant

Sisters Leading the Charge in AI-Driven Drug Discovery: Transforming the Future of Age-Related Disease Treatment…

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Launch of “Automobile Insurance for Mobility Service Providers”, addressing ridesharing in Japan

Tokyo Marine & Nichido Fire Insurance will begin selling “Automobile Insurance for Mobility Service Providers” that addresses the Japanese…

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Japan Insurers Group Tells Members to Cut Cross-Shareholdings

Japan’s industry body for non-life insurers told its member companies to cut their cross-shareholdings, following government pressure to abandon the long-standing practice.

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UK insurance fraud spikes as customers use AI to falsify claims

Claims handlers believe advancements in technology and economic pressures are driving fraudulent activity, with up to one in four claims generated by AI or altered data

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