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Insurers challenge 'wait and see' image and take action on technology

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Insurers have seed funds to encourage digital start-ups

Insurers are increasingly looking to invest in or acquire digital start-ups to provide the expertise they need to pursue their ambitions in this sector, according to market insiders.

A recent survey by Accenture found that the majority of insurance firms expect a surge in start-up acquisitions over the next three years, with 69% saying they expected their peers to acquire

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Mills Review means AI governance is now a boardroom issue

As insurers accelerate artificial intelligence adoption, Michael Sicsic, managing partner at Sicsic Advisory, argues success will depend not on moving fastest, but on balancing innovation with robust governance, accountability and continuous oversight of evolving risks.

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