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1 month ago | 
datos-insights.com | Mitch Wein |Robin LoGiudice
The specialty insurance market continues its rapid evolution as insurers adapt to changing regulations, emerging risks, and technological advances. Despite pockets of hard markets in areas like coastal property and cyber insurance, rates in many lines of business continue to moderate, putting pressure on insurers to find efficiencies. Specialty insurers are operating in a market with increasing underwriting capacity and moderating rate increases for many lines.
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2 months ago | 
datos-insights.com | William Trout |Mitch Wein |Deb Zawisza |Robin LoGiudice
Contract disputes over data licensing and usage rights are a significant issue in the financial services industry. A case in Canada recently covered in Ignites involving BNY Mellon highlights patterns in how enterprise data contracts can be mishandled, particularly in large organizations with multiple divisions and subsidiaries.
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2 months ago | 
datos-insights.com | Deb Zawisza |Mitch Wein |Robin LoGiudice
The insurance industry is facing a high-stakes showdown. In one corner stands private equity, armed with billions in funding and an appetite for litigation returns. In the other, insurers are deploying artificial intelligence and predictive analytics in an increasingly sophisticated defense. When private equity (PE) firms enter insurance litigation, they bring Wall Street expectations—typically targeting 20%+ returns on their investments.
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2 months ago | 
datos-insights.com | Gabrielle Inhofe |Mitch Wein |Deb Zawisza |Robin LoGiudice
As financial crime tactics become increasingly sophisticated, financial institutions (FIs) are gradually turning to artificial intelligence (AI) for solutions to detect potentially fraudulent activities and transactions. Integrating AI can support higher predictive accuracy, but AI models are often opaque—“black boxes” lacking transparency into how the models arrive at their fraud risk predictions. This lack of interpretability is particularly concerning for fraud detection use cases.
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2 months ago | 
datos-insights.com | Jane Ginn |Mitch Wein |Deb Zawisza |Robin LoGiudice
The financial services industry faces significant uncertainty following the announcement on February 3, 2025, of an immediate stop work order affecting all Consumer Financial Protection Bureau (CFPB) regulatory and enforcement activities. This development has particular implications for the implementation of Section 1033’s final rule on consumer data access rights, which was scheduled to begin taking effect for large institutions in April 2026.
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2 months ago | 
datos-insights.com | Mitch Wein |Deb Zawisza |Robin LoGiudice
I had the pleasure to chair the TINtech session in London on February 4 covering “Data Excellence: Driving Competitive Advantage in Specialty Insurance.” Our panel consisted of Bent Isachsen, Chief Operating Officer, Hamilton, and Ben Ormerod, CDO, Hampden Risk Partners. The session explored the findings of Datos’ data maturity study conducted in the UK insurance market, focusing on how organisations are leveraging data to drive competitive advantage.
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2 months ago | 
datos-insights.com | Gilles Ubaghs |Mitch Wein |Deb Zawisza |Robin LoGiudice
After decades of slow but steady progress, the pace of advancement in artificial intelligence (AI) technologies continues to astound everyone—from technologists themselves to the organizations, end users, and regulators who use and monitor these technologies. In early 2025, the AI landscape is seemingly undergoing yet another dramatic shock with the launch of China’s RI large language model (LLM) from DeepSeek.
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Jun 10, 2024 | 
datos-insights.com | Robin LoGiudice |Harry Huberty |Tim Baum |Neill Campbell
Adversarial artificial intelligence (AI) will likely drive a shift in attack patterns away from your current defenses. Are you ready, or are you reinforcing your organization’s Maginot Line? Recently, Datos Insights held two insightful Cybersecurity Executive Council meetings, one for insurers and a second for financial institutions.
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Jun 4, 2024 | 
datos-insights.com | Harry Huberty |William Trout |Tim Baum |Robin LoGiudice
2024 has been the year of AI. The emergence of generative AI capabilities (GenAI) at scale last year caught insurers’ attention in a big way, and a huge portion of industry discussion since then has centered on AI: understanding what it does, speculating on how insurers might apply it, and (sometimes) piloting programs to see if those ideas prove out. As we near the halfway mark of 2024, most insurers feel they’re behind in their preparedness for GenAI. But they’re very, very eager to experiment.
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Jun 3, 2024 | 
datos-insights.com | Robin LoGiudice |Alijah Poindexter |William Trout |John Horn
The countdown is on for a seismic shift in the world of wire transfers. On March 10, 2025, over 4,700 Fedwire participants will sunset the proprietary FAIM (Fedwire Application Interface Manual) format and migrate to the ISO 20022 messaging standard. This transition, mandated by the Federal Reserve, is poised to have a profound impact on domestic and international wire processing ecosystems.
