All articles by Patrick Brusnahan

Patrick Brusnahan

Editor of Private Banker International.

Simplifai launches world-first generative AI solution for insurance

Simplifai, an AI automation solutions firm, has launched Simplifai InsuranceGPT, a custom-built, world-first GPT tool fuelled by the company’s no-code AI-powered platform.

Absa Life chooses Sapiens to modernise life insurance systems

Absa Life has selected software provider Sapiens as its partner to lead its non-underwritten products system transformation.

More than half of UK and US insurers utilising generative AI

Data from Sprout.ai has found that 59% of insurers with over 100 employees are already using generative AI in their organisation.

Atidot launches AI platform for life insurance analysis

Insurtech Atidot has announced the launch of its AI-based platform which can personalise for and target customers.

Legal & General pays out record in retail protection in 2022

Legal & General paid out £883m ($1,092m), an average of over £2.4m a day, in retail protection claims in 2022, a record.

Modern Life expands insurance offering with Prudential

Life insurance brokerage Modern Life has announced a distribution agreement with Prudential Financial to provide an expanded range of products.

Insly launches BrokerFlow software for brokers

Software provider Insly has launched BrokerFlow, a tool enabling brokers to digitise their sales workflow.

Sproutt utilises generative AI with its SmartLife platform

Life insurer Sproutt has introduced an AI engine to its SmartLife platform to modernise insurance for agencies, agents, and their customers.