by AIP Online Bureau | Oct 29, 2026 | Banking & Bancassurance, Eco/Invest/Demography, International News, Risk Management, Technology
The findings underscore concerns that increasingly capable AI models lower the technical barriers to sophisticated cyberattacks. This is particularly the case with many Chinese AI models like GLM-5.3 that are open-weight, meaning they are available for users to...
by AIP Online Bureau | Oct 29, 2026 | Workplace/Employee Benefits
Several US banks have blocked or restricted unauthorized outside AI agents from accessing customer accounts or moving money. Earlier this month, Charles Schwab Corp. Chief Executive Officer Rick Wurster said his company is actively blocking unauthorized AI agents...
by AIP Online Bureau | Oct 29, 2026 | International News, Non-Life, Reinsurance, Technology
Known internally as Wordy Bot, the tool analyses reinsurance contracts against MS Amlin’s underwriting standards, identifying missing clauses, wording differences and potential inconsistencies for review by its underwriters and Wordings team. London: MS Amlin, the...
by AIP Online Bureau | Oct 28, 2026 | Eco/Invest/Demography, International News, Policy, Technology
While private companies have already announced waves of AI-driven job cuts since the launch of ChatGPT in 2022, governments are some way behind. Their AI use “trails the private sector” and initiatives “often remain in pilot phases,” according to a September 2025 OECD...
by AIP Online Bureau | Oct 28, 2026 | International News, Non-Life, Risk Management, Technology
“Insurance is a distinctly complex industry, where the quality of risk decisions has an immense impact on business outcomes. Guidewire and hyperexponential are uniquely positioned to deliver industry-specific AI solutions that will transform commercial underwriting....