One-in-10 specialty insurers expect to scale AI use in 2025

Digital hand set location on map with two pins. AI technology in GPs, innovation delivery, map location, future transport logistic, route path concept. GPs point. New office location, change address
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Oxbow Partners has predicted that 2024 will be a year of divergence for the use of generative artificial intelligence in the specialty insurance and reinsurance markets.

Research by the insurance-specialist management consultancy into the maturity of generative AI (GenAI) in the industry found a small number of carriers are planning to push on with using the

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Diary of an Insurer: Hamilton’s Jacqui Spencer-Sim

Jacqui Spencer-Sim, divisional director of cyber underwriting at Hamilton and and deputy chair of the Lloyd’s Market Association’s Cyber Business Panel, uses the CrowdStrike outage to explain the insurance implications of a cyber event to students and plans a ‘cyber whodunnit’ event.

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