INSURANCE INDUSTRY NEWS

Stop Mistaking Finance AI Deployment For Value Creation: Gartner To CFOs
Finance functions are rapidly moving AI from experimentation into production, but many CFOs are still struggling to convert AI deployment into significant business value, according to Gartner. Read more.

A.I., Geopolitical Risks Among Top Concerns For Directors & Officers Worldwide: Willis
The majority of directors and officers now consider geopolitical risks to be very or extremely important to their organization, according to the latest Directors and officers liability insurance survey by Willis. Artificial intelligence has seen a significant increase in the proportion of respondents ranking it as a very or extremely important risk. Read more.

Navacord Selects Modular Solutions As Its MGA Policy Administration Platform
Modular Solutions, a leading SaaS provider of enterprise policy administration technology, is pleased to announce that Navacord Underwriting Solutions has selected Modular Solutions as its MGA policy administration system. Read more.

Accenture, AlphaSense Partner On Agentic Workflows For Market Intelligence
Accenture and AlphaSense are pleased to announce an investment by Accenture Ventures in AlphaSense, the AI platform transforming market intelligence for the business and financial world. The two companies are also partnering to help organizations embed market intelligence into core agentic workflows, enabling more proactive, data-driven decision-making. Read more.

Deloitte, Google Cloud, Wiz Partner On AI-Powered Cyber Defense
Deloitte is pleased to announce an expansion of its strategic alliance with Google Cloud and Wiz. By integrating Google Cloud's AI Threat Defense solution with its Continuous Threat Exposure Management platform, Deloitte is delivering a consolidated solution for broad visibility and streamlined governance. Read more.

Aon Clients Recover Billions In Transaction Liability Insurance As Claims Activity Evolves
Aon has released its 2026 Global M&A and Transaction Solutions Claims Study, which highlights the continued evolution of the global M&A insurance landscape across Representations and Warranties, Warranty and Indemnity, Tax and Contingent Risk insurance. Read more.

Applied Releases Canadian Commercial Lines Premium Rate Index Findings For Q1 2026
pplied Systems® is pleased to announce the first quarter 2026 results of the Applied Commercial Index™, the Canadian insurance industry's premium rate index. Overall, the magnitude of rate increases was down across all lines relative to average premium renewals in the same quarter last year. Read more.

How Climate Change May Affect Your Homeowners Insurance: KRGInsure
Rising temperatures. Severe flooding. More intense hurricanes. Bitterly cold winters. Droughts and destructive wildfires. Many factors can affect your homeowners insurance rates, including weather patterns where you live. Your insurer considers the odds of your property sustaining damage when calculating your premium. Climate change means those odds are getting worse. Read more.

Stand Launches Florida Hurricane Insurance Program
Stand has launched its first open market hurricane insurance offering in Florida, a program built on a straightforward idea: understand what makes a home more vulnerable to hurricanes, connect homeowners with the improvements that matter most, and reduce their premiums based on those changes. Read more.

Lemonade Brings Autonomous Car Insurance To Indiana
Lemonade, the technology-driven insurance company, is pleased to announce that its Autonomous Car insurance is now available in Indiana. Read more.

WTW Launches AI Workforce Transformation Solution
WTW is pleased to announce the launch of its AI Workforce Transformation solution which helps companies focus AI where it is expected to deliver productivity and growth gains through redesigned work, jobs and strong employee adoption. Read more.

New Brunswick Launches Enhanced Wildfire Dashboard, Fire Watch Page
The government of New Brunswick has launched an enhanced wildfire dashboard and Fire Watch website as part of its ongoing investments in wildfire preparedness and public safety. Read more.

IBM Launches Global AI Builders Challenge
IBM is pleased to announce the AI Builders Challenge, a global challenge with IBM Bob – IBM's new AI-powered development partner – to help university students build practical AI and software development skills for the future of work. Read more.

In the InsurTech Spotlight this week:

Segic
Segic's mission consists of helping organizations use a comprehensive set of technology and services that support every aspect of their benefit programs, from plan design to employee engagement. The platform's cloud-based design and accessibility as Software as a Service (SaaS) make it the perfect solution you can take full advantage of through savings in terms of the costs and effort usually associated with IT infrastructure and software development. Learn more.

Calling all InsurTechs! Click here to participate.

Featured job opportunities:

Insurance & Risk Management Analyst
City of Brantford
Brantford, ON

Client Service Broker (Commercial)
Ward & Uptigrove HR Solutions
Kitchener, ON

From Doug Autonomous Trucking In The U.S. (Cont'd) Autonomous trucking companies are transitioning from closed-course pilots to active commercial freight operations, hauling goods for retail and logistics giants. Examples: Aurora Innovation: Operates revenue-generating, fully driverless freight services with about 5 active driverless trucks completing trips on two bidirectional routes in Texas. Kodiak Robotics: Has logged over 3 million autonomous miles and thousands of hours of paid driverless service using 20 driverless trucks in Texas providing commercial deliveries for IKEA and Tyson Foods. Gatik: Middle-mile autonomous logistics for retailers including Walmart and PepsiCo, operating 10 fully driverless trucks (with observers) across Texas and Arkansas. Waymo Via: Deploys dozens of autonomous heavy-duty trucks for middle-mile and long-haul freight operations in Texas and New Mexico for partners like Uber Freight. Torc Robotics (Daimler Truck): Public highway testing with dozens of driver-supervised vehicles in Virginia, New Mexico, Texas, and Michigan, planning fully autonomous commercial fleet rollout by 2027. Meanwhile, Congress is advancing the BUILD America 250 Act and the America Drives Act – bipartisan bills establishing the first federal framework for autonomous commercial motor vehicles in interstate commerce. The legislation aims to unify existing state-by-state regulations under a single national standard. Doug Grant, CIP Partner Insurance-Canada.ca