Why AI decision accountability is a requirement in insurance

AI is no longer confined to pilot programmes. With at least three-quarters of financial firms now using AI in live environments, the technology actively shapes everything from regulatory compliance and product development to fraud detection and underwriting. As these systems hit full production, stakeholders, from leadership to regulators, are demanding absolute clarity and auditability. Accuracy alone is no longer enough. It must be accompanied by transparency in decision pathways and the behaviour of agentic systems.

Pricing governance: how much control is too much?

This is the final article in a short series on pricing in a softening market. In the first article we explored the gap between technical price and market price. In the second we looked at the role of judgement when those numbers diverge. The natural next question is how that judgement should be governed. Pricing governance can be a difficult balance. Too little oversight and pricing decisions drift gradually away from technical assumptions. Too much control and underwriting judgement becomes constrained, slowing decisions and potentially leading to missed opportunities.

Practical toolkit for AI adoption in the Lloyd’s Market

AI is now moving beyond experimentation into everyday use, with many organisations now adopting a structured deployment model, with appropriate governance, to bring AI into their products, services and solutions.It’s a significantly evolved landscape from two years ago, when we first partnered with Lloyd’s Market Association (LMA) to deliver an in-depth survey into AI in Risk Management. We’ve revisited this survey to capture today’s outlook on the accelerating adoption of AI in the Lloyd’s market.

Investment Insights Q2 2026

 

Lifestyle Actuary

Dalriada Trustees Limited (Dalriada), one of the largest providers of professional trustee services to pensions schemes in the UK, has today announced the appointment of Sarah Brough as a professional trustee.

Lights Camera Actuary

For the next few months Zoe Bolton will be talking to the senior actuaries in these firms, getting a brief insight into their career paths and visions for the future. This month Zoe interviews Shil Patel the UK Managing Director at Dynamo Analytics

Travelling Actuary

This month's Travelling Actuary takes us to the iconic Boston to experience New England at it’s very best.

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