Thought LeadershipHow AI regulation in insurance is taking shape

It's not new that insurance regulators are grappling with how (and how much) to regulate artificial intelligence's use in the business of insurance. This year is no different, but some of the big ideas on which regulators previously focused are beginning to inform more practical and detailed efforts to provide concrete guidance or, in some cases, actual regulatory requirements. Two developments in 2023 especially will inform the approaches that regulators will take in the years ahead.

StrategyAcrisure announces European expansion

US-headquartered brokerage Acrisure has forayed into Central and Eastern Europe (CEE) by acquiring the region’s biggest insurance distribution platform, Unilink Group, for an undisclosed sum.