AI is rapidly transforming risk management, underwriting, claims, and cyber defense, but adoption is outpacing governance frameworks. Willis Towers Watson highlights challenges in accountability, liability, and insurability as AI becomes embedded in business operations. The insurance market is split between traditional policies and new AI-specific coverage, reflecting growing governance and liability concerns. Leaders must enhance oversight and transparency to manage AI risks effectively and maintain resilience and competitiveness amid rising cybercrime costs projected to reach $10.5 trillion annually by 2025.
The global high-end lighting market, valued at $16.06 billion in 2025, is projected to grow to $30.5 billion by 2035 at a CAGR of 6.64%. Growth is fueled by rising investments in luxury renovations, smart home integrations, and premium commercial pro...
Fixico, a leading European digital platform for vehicle damage repair, has partnered with Caliber, the largest US auto body and glass repair company, to transform the American fleet damage repair market. This collaboration integrates Fixico's AI-powe...
Fixico, a leading European digital car repair platform, has partnered with Caliber, the largest U.S. auto collision repair provider, to offer a connected, AI-powered fleet repair management solution. This collaboration aims to simplify complex fleet ...
Shares of Genius Group surged 83.72% in after-hours trading following the announcement of its new AGI Infinity Portfolio, targeting up to $100 million in investments in AI, robotics, and space companies. The portfolio includes stakes in notable pre-I...
Futu Holdings reported a 24.7% revenue increase to HK$5.86 billion in Q1 2026, driven by growth in funded accounts, client assets, and trading volume. However, net income fell 61.2% to HK$831 million, mainly due to a RMB1.85 billion regulatory penalt...
