Insurance Business America

3 days ago | insurancebusinessmag.com | Dexter Tilo

Business strategy By Jun 25, 2025 Share Artificial intelligence (AI) in workplaces has no significant negative effect on employee wellbeing, according to a new study. Researchers recently undertook a study on how workers in AI-exposed occupations have fared in contrast to workers in less-exposed roles.

1 week ago | insurancebusinessmag.com | Bryony Garlick

Catastrophe & Flood By Jun 20, 2025 Share The insurance sector has cautiously welcomed the government’s new UK Infrastructure Strategy, which pledges nearly £8 billion over the next decade to shore up flood defences across the country. Unveiled as part of a sweeping £725 billion infrastructure blueprint, the government’s long-term commitment includes a £7.9 billion pipeline of flood defence capital investment aimed at protecting approximately 840,000 properties by 2035.

1 week ago | insurancebusinessmag.com | Bryony Garlick

Technology By Jun 20, 2025 Share US insurers are racing to deploy artificial intelligence across underwriting, claims, and customer engagement – but without proper governance, they risk eroding trust faster than they gain efficiency. That’s the warning from Naveen Dhar (pictured), director of insurance strategy at Microsoft, who said that AI’s promise comes with real peril.   “My background has been insurance,” Dhar said.

1 week ago | insurancebusinessmag.com | Bryony Garlick

Insurance News By Jun 20, 2025 Share When conflict flares in key shipping arteries such as the Strait of Hormuz, insurers do more than watch from afar - they prepare. For Capt. Rahul Khanna, former master mariner and now global head of marine risk consulting at AGCS Allianz, the current threats in the Gulf are no abstract matter. They are part of his professional history. “I sailed for about 14 years, mostly on oil tankers through that region,” he said.

1 week ago | insurancebusinessmag.com | Kenneth Araullo

Insurance News By Jun 20, 2025 Share Insurance Premium Tax (IPT) receipts reached £1.48 billion in May 2025, according to new HMRC data, reflecting an increase of £50 million compared to the same month in 2024. Over the first two months of the 2025/26 financial year, total IPT receipts amounted to £2.13 billion, up from £2.05 billion during the equivalent period last year. The update follows a record £8.88 billion collected in IPT revenue during the 2024/25 financial year.