Earlier this month, Chubb CEO Evan Greenberg blew up social media channels when he announced that the insurance giant will be rolling out AI at scale, following extensive experimentation of the technology. 

The specialty insurance market is gaining popularity globally, and is predicted to grow at a CAGR of 10.6% from 2022 to 2031 with top players like Allianz, AXA, Chubb, and Zurich leading the expansion.

Cyber insurance provider Cowbell has released its Cyber Round-Up: Q2 2023 report, revealing that 90% of small and medium-sized enterprise (SME) leaders underestimate the costs of a cyber incident.