Industries across a variety of sectors are embracing artificial intelligence (AI) for improved services, efficiency and costs. In insurance, AI is reshaping business processes, from underwriting to claims management and customer engagement. AI also has the potential to enhance the value of insurance to society by enabling protection and mitigation services.  

What advantages do decentralised finance and blockchain technology in insurance offer over traditional insurance? Our report Assessing the Potential of Decentralised Finance and Blockchain Technology in Insurance lays out the potential value to society.

Abstract submissions are invited for papers dealing with the legal and economic implications of the use of digital technology by the re/insurance industry. Accepted abstracts will be presented at the 20th Joint Seminar of The Geneva Association and the European Association of Law and Economics (EALE), hosted by the Jagiellonian University in Kraków on 13–14 June 2024.

Deadline for abstracts: 10 February 2024

Issue summary

Insurance plays an important role in enhancing resilience to cyber threats, which are rising as a result of digitalisation and growing hacker capabilities. The market for standalone cyber insurance has expanded sharply in the last few years, but the dynamic nature of cyber risk requires insurers, businesses and governments to constantly evaluate and update their approaches to cybersecurity.  

The Geneva Association joins the global insurance community in mourning the passing of Denis Kessler, Chairman of SCOR and longtime Geneva Association board member.