All articles by Patrick Brusnahan

Data readiness is the biggest AI challenge for global life insurers

Australia was top in terms of data readiness with 38% of carriers being “Optimal”, which in Latin America, 82% of carriers were “Progressive”.

Transamerica rebrands and pledges to increase insurance access

Sapiens enters Microsoft Azure marketplace

The marketplace provides applications and services and Sapiens’ customers can now take advantage of the Azure cloud platform.

AXA announces support for Louvre Museum department

This will be the ninth conservation department of the Louvre Museum and it will open its doors to the public in 2027.

Utmost Life and Pensions ventures into bulk purchase annuity

Utmost, building on its existing annuity business, has built a team of over 20 people focused on bulk purchase annuity.

PIC finalises second buy-in with Clarks Footwear pension fund

PIC has now insured all £820m of the Clarks’ fund’s defined benefit liabilities.

South Korea life insurance sector to hit $157.9bn by 2029

The life insurance industry in South Korea will regain momentum in 2024 and 2025 after declining by 9.2% in 2023.

bolttech launches Series C funding round for expansion

WTW adds AI to its financial modelling and reporting

RiskAgility FM is WTW’s financial modelling and reporting software technology for life and health insurers.

Lockton launches global parametric insurance team

Parametric insurance policies provide payouts based on specific event triggers, such as storm magnitude, rainfall levels, or earthquake intensity.