2026-03-06 · Source: Reinsurance News
Summary in 3 Points • Evident reports an 87% increase in artificial intelligence deployments in the global insurance sector year-on-year • The expansion is driven by GenAI and agentic systems, according to Evident's AI Use Case Tracker for Insurance • London-based Evident provides intelligence and analytics, highlighting the growing role of AI in insurance --- The global insurance sector has experienced a significant 87% increase in **artificial intelligence** deployments over the past year, as reported by Evident, a London-based provider of AI intelligence and analytics. This surge is attributed to the expansion of GenAI and agentic systems, which are becoming increasingly integrated into insurance operations. Evident's AI Use Case Tracker for Insurance, a comprehensive database that monitors AI initiatives in the sector, was instrumental in gathering this data, underscoring the rapid adoption and integration of AI technologies within the industry. For the **London Insurance Market**, this trend highlights the transformative impact of **artificial intelligence** on traditional insurance practices. The substantial increase in AI deployments suggests a shift towards more data-driven decision-making processes and enhanced operational efficiencies. Evident's findings emphasize the importance of staying abreast of technological advancements to maintain a competitive edge in the market. As AI continues to evolve, London Market professionals must consider how these technologies can be leveraged to improve underwriting accuracy, claims processing, and customer service. **Underwriters**, **brokers**, and **risk managers** should focus on understanding the capabilities and limitations of GenAI and agentic systems to effectively incorporate them into their workflows. Evaluating the potential risks and benefits of AI adoption will be crucial in shaping future strategies. Additionally, professionals should consider investing in training and development to enhance their skills in managing AI-driven processes, ensuring they can navigate the complexities of an increasingly digital insurance landscape.
For the London Insurance Market, this trend highlights the transformative impact of artificial intelligence on traditional insurance practices. The substantial increase in AI deployments suggests a shift towards more data-driven decision-making processes and enhanced operational efficiencies. Evident's findings emphasize the importance of staying abreast of technological advancements to maintain a competitive edge in the market.