Many insurers aim to embed AI into their operations, but poor data quality and legacy systems pose significant barriers, risking project failures and slower decision-making. In insurance, the signs of poor data readiness are rarely dramatic. More often, they appear in the routine: a report that changes depending on who runs it, a pricing adjustment that triggers another round of checks, or a simple request from leadership that turns into a manual reconciliation exercise. The result is less a technology failure than a drag on everyday decision-making. That pressure is becoming more visible as insurers race to apply artificial intelligence.…
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Space-enabled finance shifts focus to precise, automated risk tools for climate and maritime sectors
Transforming from broad environmental narratives, space-based data now underpins practical financial tools for underwriting, insurance, and compliance across climate, maritime, and renewable energy sectors, emphasising measurable signals and automated payout triggers. Space-enabled finance is moving from a broad idea about climate data into a set of practical tools used in…
Advancements in predictive analytics are reshaping workers’ compensation claims handling by enabling earlier risk detection, improved decision-making, and enhanced outcomes for injured workers, despite uneven adoption across the industry. Workers’ compensation claims are still too often managed with incomplete information, even as the industry pushes for faster decisions and better…
US Treasury Secretary Scott Bessent has issued a stark warning about the growing dangers of AI-driven cyberattacks targeting the US financial system, amid increasing industry preparedness and international competition. US Treasury Secretary Scott Bessent has warned that artificial intelligence could sharpen the threat of bank-account hacking and wider attacks on…
The US Department of Justice has unveiled a comprehensive corporate enforcement policy, introducing streamlined pathways for companies to disclose misconduct and receive possible declinations or non-prosecution agreements, signalling a shift towards transparency and cooperation. The US Department of Justice has introduced a department-wide corporate enforcement policy that is set to…
As global PPA volumes experience fluctuating growth, a new wave of virtual and flexible contract structures are redefining how companies secure clean energy, driven by targets for net-zero emissions and evolving market demands. Power purchase agreements have moved well beyond their old role as a specialist financing tool. What was…
Strategy temporarily halts its weekly Bitcoin buying spree ahead of upcoming earnings, signalling a potential shift in its crypto-centric strategy as investor scrutiny increases and market conditions evolve. Strategy has paused its weekly Bitcoin buying spree ahead of its first-quarter results on Tuesday, a brief break that comes after another…
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Artists, writers, and actors rally in California to support AB 412, a bill promoting transparency and consent in AI training datasets, amid industry opposition and technological debates. Stanford’s Paul Brest Hall was so packed I had to find a spot to sit on the floor, the lead reporter wrote after…
Dr Lewis Z. Liu’s pragmatic 2026 AI assumptions highlight the importance of privacy, responsible development, and economic sustainability amid rapid technological and geopolitical shifts, offering a strategic blueprint for industry and policymakers. ‘Tis the season for 2026 predictions, a ritual many dread, but Dr Lewis Z. Liu’s piece laying out…
OpenAI has introduced the OpenAI Academy for News Organizations, a global initiative offering practical AI training and resources to help newsrooms adopt artificial intelligence ethically and effectively amid rising industry demand and collaboration efforts. OpenAI has launched the OpenAI Academy for News Organizations, a global learning hub aimed at helping…
Amazon extends its Alexa AI upgrade to the web, enabling seamless multi-device conversations and introducing a subscription-based premium experience, challenging existing chatbot giants while highlighting privacy and integration. Amazon has made its generative-AI upgrade to Alexa available on the web, allowing users to reach the assistant through alexa.com and pick…
India’s appeal as a top destination for foreign direct investment is strengthening through targeted reforms, expanded trade agreements, and regulatory modernisation, positioning the country for significant growth in 2026 and beyond. India’s position as a leading destination for foreign direct investment is strengthening as it heads into 2026, driven by…
As AI-produced tracks top charts and flood streaming platforms, industry leaders and creators demand stronger regulation, clearer labelling, and safeguards to protect human musicians in this rapidly evolving soundscape. AI-generated music is rapidly reshaping the soundscape of streaming services, provoking a mix of fascination, frustration and urgent calls for regulation…
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