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INSURANCE INDUSTRY NEWS
AI Is Everywhere In Insurance, But The Real Race Has Just Begun: Earnix
Earnix has released its fourth annual Insurance Trends Report, which reveals that AI integration in insurance is now near-universal. Yet much of this progress is still happening through targeted, function-specific improvements rather than fully connected, enterprise-wide decisioning. That gap between adoption and operational impact is now the defining challenge of 2026.
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Canada's Next Phase Of Growth To Be Driven By AI, Digital Technologies: BDC
Canadian small- and medium-sized enterprises could unlock billions in economic growth if more firms reached the digital and AI maturity of the country's top-performing SMEs, according to a new study from the Business Development Bank of Canada. The challenge is no longer awareness—it's execution. Moving from adoption to results now separates leading economies.
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Tips For Using AI In Financial Planning: Manulife
Artificial intelligence is everywhere, yet some of us just use it for basic internet searches. But it can do so much more, especially when it comes to financial planning. Manulife is sharing tips to help you use AI safely and smartly when it comes to your money.
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CFOs Risk Falling Behind Without A Scalable AI Strategy: Gartner
CFOs must stop treating AI as a collection of tools and use cases as they develop systems that allow AI to be productive at scale, according to Gartner. Finance leaders risk falling behind “breakaway firms” that are already generating outsized gains from AI by changing how they invest, govern, organize data and enable their teams.
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Employers Must Address Fear Of Obsolescence As AI Reshapes Work
Employers face a growing challenge as artificial intelligence reshapes how work is done, with new research from WTW highlighting a rise in the 'fear of becoming obsolete' among employees.
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Consumers Want AI Shopping Help, But Not AI Purchase Decisions: Survey
As brands race to invest in agentic commerce, consumer willingness to let AI make purchase decisions topped out at 11% across lower-stakes categories, such as personal care and household supplies, according to Gartner. The findings suggest consumers are more receptive to AI shopping tools that support discovery and research than those that make purchase decisions on their behalf.
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Modernization Critical For Retirement & Pension Adminsitration, Pension Risk Transfer
Majesco is pleased to announce the release of a new thought leadership report highlighting how member demographic shifts, regulatory pressure, cyber threats, and converging pension–insurance–PRT ecosystems are turning modernization into a strategic and operational mandate for public-sector, private, and multi-employer retirement organizations.
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Cyber Incidents In Construction Lead To Significant Downtime: QBE
Ransomware is considered the most significant cyber threat to the construction industry, as increased adoption of digital tools and AI-driven systems expands the cyber-attack surface across the sector, warns a new report by global business insurer QBE.
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Lessons From Data Center Claims: Zurich Podcast
As data centers grow in scale, speed and complexity, the risks driving claims are evolving just as quickly. Zurich North America has released the second episode of its Future of Risk podcast, “Lessons from data center claims.”
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Understanding Claims Closed Without Payment: III
Insurance claims may be closed without payment for a variety of legitimate reasons. But claims closed without payment are not synonymous with denied claims, and neither should be automatically interpreted as evidence of improper claims handling or an unwillingness to pay covered losses.
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WTW Acquires Redefind To Strengthen Digital Asset Protection Offering
WTW has announced its acquisition of Redefind, an end-to-end web-based platform, designed to facilitate access to insurance products for crypto and digital assets.This investment reflects WTW's long-term strategy to expand into next-generation protection solutions for clients exposed to digital finance, crypto ecosystems and tokenised asset environments.
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Tips To Prepare For Wildfire Smoke At Home
With wildfire smoke becoming a national health issue, the Intact Centre on Climate Adaptation has released a new, easy-to-follow guide to help Canadians reduce smoke exposure in their homes.
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Ontario Auto Insurance Overhaul Leaves Vulnerable Injured Patients Exposed
Ontario's auto insurance overhaul takes effect July 1st and represents one of the most significant restructurings of the accident benefits system in years. Those least able to absorb the impact are injured Ontarians who will face real financial strain and hard choices.
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IBM Commits Billions To Quantum Computing
IBM has announced a substantial investment in quantum computing over the next five years to accelerate its quantum roadmap beyond delivering the world's first large-scale, fault-tolerant quantum computer in 2029.
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More Canadians With Previous Health Conditions Can Now Qualify For No-Medical Life Insurance
Foresters Financial is pleased to announce it has expanded its simplified issue underwriting to help Canadians who are living with conditions such as cancer in remission, managed diabetes or a past cardiac event to access meaningful life insurance coverage.
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