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Insurance insights: Experts foresee 2025 as the year of the modern insurer

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Emerging technologies and trust predicted to crown carriers amid sector uncertainty, predict industry experts from SAS

CARY, N.C., Dec. 4, 2024 /PRNewswire/ — As carriers continue to step back from markets at the mercy of climate change, the next generation of insurance professionals will step up to lead the industry forward. 2025 will be the year of the modern insurer, forecast experts from SAS, representing a defining moment when innovation-focused carriers will decisively confront the industry’s greatest challenges – and reap the benefits with improved speed, productivity and trustworthy results.

“2025 will be the year of the modern insurer, forecast experts from SAS.”

But what defines the modern insurer? While SAS’ thought leaders offer differing visions for the year ahead in the wake of the company’s recent future of insurance study, #Insurance2040 with Economist Impact, they agreed on one thing. The modern insurer will implement rising technologies to enact an industry disruption: a revival of trust for consumers and regulators alike in an era fraught with risk.

All hail omni policies and the trust comeback
“Insurers need a disruptive, trust-centric rebrand to weather current reputational risk and invest in the continuation of the industry. I predict that, by the end of 2025, a major global carrier will announce plans to introduce ‘omni policies.’ By purchasing an omni policy, the customer will pay one premium, on one AI-powered policy, that provides coverage in every applicable insurable domain, no matter the risk that individual presents. An all-encompassing blanket of protection, always on tap.”

Franklin Manchester, Principal Global Insurance Advisor, SAS

Insurers and customers put a price on data privacy
“In 2025, insurers will offer a bold new model: ‘Data for discounts.’ Customers who opt in will share personal information like health metrics, driving habits and spending patterns with carriers, who will fine-tune risk profiles to offer hyper-personalized pricing. For consumers who consent, lower costs await – but costs could climb for the privacy-conscientious. When the choice between data sharing or protecting private data directly impacts coverage affordability, consumers, carriers and regulators will have to decide: can you put a price on privacy?”

Alena Tsishchanka, EMEA and AP Senior Insurance Practice Leader, SAS

Wearable, shareable health data
“With features like real-time ECG monitoring, stress tracking and sleep analysis, wearable technology can give insurers deeper insights into the health of policyholders, allowing for more accurate predictions. This individualized approach represents a significant departure from traditional methods that rely on static actuarial models and historical data to estimate mortality risk.

“European insurers are already rewarding users of health-focused wearables, and insurers worldwide will follow suit. However, the integration of wearable data will put security and data ethics in focus. The transformative potential of personal data will only be realized if insurers build consumer trust and ensure secure and ethical usage of this most sensitive data.”

Amanda Wise, Principal Product Marketing Manager, SAS

Ecosystem-enabled insurance drives growth
“Insurers will embrace partnering with non-traditional stakeholders to offer tech ecosystem-enabled insurance. For example, carriers will offer homeowners insurance in tandem with smart home companies to offer bundled services. While the industry has historically been resistant to such partnerships, a renewed focus on market penetration and customer retention will make ecosystem enablement a new focus for carriers in the year ahead.”

Andrew Pollard, Insurance Specialist, SAS UK and Ireland

The ‘silver tsunami’ comes for insurance
“Based on age demographics, the industry can anticipate that roughly half of insurance professionals will retire over the next five years – and an astonishing amount of industry expertise lost. Industry leaders will step up recruitment of their next-generation successors and start looking at how AI and emerging technologies can help bridge the talent gap. These up-and-comers will sharpen their tech skillsets by investing in data fluency and other technical training to differentiate themselves and put their careers on the fast-track.”

James Ruotolo, Senior Director of Financial Services, SAS

Natural disasters advance insurance scarcity
“I foresee that insurers will respond to 2024’s catastrophic losses by further limiting availability of homeowner and commercial property products in multiple geographies. They will face reputational risk as the public reacts. Residential and commercial real estate transactions will be sharply depressed due to insurance scarcity.”

– Michael “Fitz” Fitzgerald, Insurance Industry Advisor, SAS

Public-private partnerships target the protection gap
“As climate risk becomes more pronounced, we’ll see insurance C-suites pursue public-private partnerships for climate adaptation and resilience. Insurers and governments must provide climate coverage for vulnerable communities facing floods, droughts and other natural disasters. Such partnerships will help narrow the global protection gap – currently valued at $1.8 trillion – and ensure that affordable insurance options remain available.”

Oana Avramescu, Insurance Advisory Industry Consultant, SAS

Compliance clarifies AI priorities
“Insurers operating in or interacting with the EU market will need to adapt to the EU AI Act’s risk-based classification system in 2025, particularly for high-risk AI systems (like underwriting and claims processing). This will lead to increased investment in AI governance frameworks.

“In the coming year especially, insurers will implement regular AI audits to ensure models are compliant with evolving regulations, focusing on bias reduction, explainability and data governance. Carriers will particularly prioritize explainable AI models for underwriting and claims processing to ensure compliance with transparency mandates.

“This may lead to a slowdown in adopting highly complex models like deep learning for critical decisions, with carriers favoring simpler, interpretable alternatives.”

Prathiba Krishna, AI and Ethics Lead, SAS UK and Ireland

Synthetic data levels up the actuarial pricing process
“Advanced insurers will gain a competitive advantage by leveling up the actuarial pricing process. They’ll no longer rely solely on internal data, some of which may contain outdated information. Instead, these insurers’ actuaries will increasingly generate synthetic data to augment their existing data sets and integrate external market data. The result? Synthetic data-forward firms will be equipped to deploy faster, more accurate pricing that’s more aligned with market sensitivities. They’ll increase their profitability – and pull ahead of those further behind in their GenAI journeys.”

Thorsten Hein, Insurance Lead in Risk, Fraud and Compliance Solutions, SAS

Insurers springboard from regulation to revitalization
“Overcoming the fatigue of investing in regulatory solutions, insurance companies of all stripes will shift focus to AI-powered business solutions to help them better serve their customers. Using AI and, by extension, generative AI in insurance will help the industry improve customer engagement and make better decisions in underwriting, policy pricing and fraud detection, just to name a few. AI will also prove the edge property and casualty insurers in particular need to better manage their balance sheets and survive growing impacts of forces like climate change.”

Stu Bradley, Senior Vice President of Risk, Fraud and Compliance Solutions, SAS

Explore the future of AI across industries
Wondering what 2025 will bring in insurance and adjacent industries like banking, the public sector and more? Curious where you fall on the AI optimism spectrum? Visit SAS’ technology and AI predictions homepage to take our “predictions barometer” quiz and explore more forecasts and trends.

About SAS
SAS is a global leader in data and AI. With SAS software and industry-specific solutions, organizations transform data into trusted decisions. SAS gives you THE POWER TO KNOW®.

SAS and all other SAS Institute Inc. product or service names are registered trademarks or trademarks of SAS Institute Inc. in the USA and other countries. ® indicates USA registration. Other brand and product names are trademarks of their respective companies. Copyright © 2024 SAS Institute Inc. All rights reserved.

Editorial Contact:

Julia Norton

Danielle Bates

julia.norton@sas.com

danielle.bates@sas.com 

919-531-4661

919-531-1959

www.sas.com/news

 

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11:11 Systems Announces Strategic Partnership with Cato Networks to Deliver SASE Solution for Distributed Enterprises

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New Managed Secure Access Service Edge (SASE) solution combines SD-WAN, cloud-native networking and security capabilities with 11:11’s connectivity, cyber resilience and cloud expertise

SYDNEY, July 22, 2026 /PRNewswire/ — 11:11 Systems, a leading managed infrastructure solutions provider, today announced the global availability of its 11:11 Managed Secure Access Service Edge (SASE) solution and a new strategic partnership with Cato Networks.

11:11 Managed SASE is a fully managed secure connectivity solution leveraging Cato Networks AI-native network security platform. This solution brings together intelligent SD-WAN, cloud-delivered security and global connectivity into a single offering. It enables organisations to simplify and secure access across branch offices, data centres, users and cloud environments, reducing complexity without sacrificing performance or control.

Built on the Cato Networks cloud-native SASE platform, 11:11 Managed SASE combines zero trust network access (ZTNA), firewall as a service (FWaaS), secure web gateway (SWG), cloud access security broker (CASB), advanced threat protection and centralised visibility into a unified managed experience. 11:11 also delivers 24x7x365 monitoring and support, incident management integration and operational accountability to help customers limit vendor sprawl, increase agility and free internal teams to focus on higher-value priorities.

The offering is backed by 11:11’s broader networking, cloud and cyber resilience capabilities. Through its global backbone, carrier-agnostic connectivity options and integrated portfolio spanning cloud, backup, disaster recovery and security services, 11:11 gives customers a practical path to modernise network and security architecture while strengthening resilience across the business.

“Enterprises are under pressure to support users, applications and locations that are more distributed than ever, while limiting complexity and improving security,” said Justin Giardina, CTO, 11:11 Systems. “Our Managed SASE solution provides customers with a unified approach to modernising networking and security, along with the visibility, support and flexibility they need to thrive in a rapidly changing environment.”

According to Karl Soderlund, global channel chief, Cato Networks, “As enterprises move beyond fragmented legacy networking and security stacks, they need a simpler way to gain visibility, context and control across hybrid work environments and reduce the operational burden on IT. Through our partnership, we can address these challenges head on and deliver end-to-end visibility and protection in a single service built for the reality of modern work.”

The joint offering is well suited for distributed enterprises, multi-site organisations, hybrid workforce initiatives, SD-WAN refreshes, security modernisation efforts and businesses with limited IT resources. 11:11 meets customers where they are by supporting existing environments, simplifying multi-vendor operations and serving as a single provider accountable for network, security, cloud and data integration.

This partnership expands 11:11’s Network as a Service portfolio and follows Forrester’s inclusion of 11:11 Systems in its report, “The Secure Access Service Edge Services Landscape, Q1 2026.”

About 11:11 Systems

11:11 Systems is a managed infrastructure solutions provider that empowers customers to modernise, protect and manage mission-critical applications and data, leveraging 11:11’s resilient cloud platform. Learn more at www.1111Systems.com and follow 11:11 on LinkedIn.

View original content:https://www.prnewswire.com/apac/news-releases/1111-systems-announces-strategic-partnership-with-cato-networks-to-deliver-sase-solution-for-distributed-enterprises-302830322.html

SOURCE 11:11 Systems

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Crowell & Moring Expands Financial Services Group with Former UBS Bank USA General Counsel Cristina Diaz

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NEW YORK, July 21, 2026 /PRNewswire/ — Crowell & Moring has added Cristina Diaz, former executive director and general counsel of UBS Bank USA, and most recently head of legal for UBS’s U.S. Remediation Management Office, to the firm’s Financial Services Group as senior counsel in New York. Diaz brings more than two decades of in-house counsel and law firm experience in bank regulation, compliance, and risk management.

At Crowell, Diaz will counsel banks, fintechs, and digital assets companies on a broad range of bank regulatory matters, including charters and licensing, permissible activities, capital requirements, regulatory enforcement, M&A, and corporate governance. She will also counsel clients navigating the intersection of traditional banking and emerging financial services, including digital assets companies seeking to acquire or establish national banks, and banks exploring partnerships with fintechs and digital assets firms.

At UBS, Diaz advised on the firm’s most pressing regulatory matters, including most recently UBS Bank USA’s charter conversion from a Utah industrial bank to an OCC national bank and key compliance remediations. This work gave Diaz extensive experience navigating relationships with state and federal financial regulators. Earlier in her career, Diaz spent eight years at Davis Polk & Wardwell advising U.S. and foreign banks on bank regulatory matters, M&A, and capital markets transactions.

“Cristina is a highly experienced, solution-oriented attorney who brings deep knowledge in the bank regulatory space. She will be an enormous asset to the firm’s growing regulatory and transactional offerings to banks, digital assets businesses, and fintechs,” said Carlton Greene, Co-Chair of Crowell’s Financial Services Group.

“I am delighted to join Crowell & Moring and integrate my bank regulatory experience with the firm’s nationally-recognized digital assets practice. As traditional banking and emerging financial technologies continue to evolve, clients need actionable and sophisticated legal counsel. Crowell offers the collaborative platform to help institutions successfully execute their growth and compliance strategies,” said Diaz.

Diaz received her J.D. from New York University School of Law, where she was a member of the New York University Law Review, and received her B.A., summa cum laude, from New York University. She is fluent in Spanish.

About Crowell & Moring LLP
Crowell & Moring is an international law firm with operations in the United States, Europe, and MENA. Drawing on significant government, business, industry, and legal experience, the firm helps clients capitalize on opportunities and provides creative solutions to complex regulatory and policy, litigation, transactional, and intellectual property issues. The firm is consistently recognized for its commitment to pro bono service, as well as its comprehensive programs and initiatives to advance the professional and personal development of all members of the Crowell community.

Media Contact:
Email: prteam@crowell.com

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Quantinuum and SoftBank Corp. Publish Joint White Paper on Scaling Practical Quantum Computing Use Cases Toward the Fault-Tolerant Era

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The companies have published a joint white paper mapping commercially relevant quantum computing use cases in quantum chemistry and graph analytics to Quantinuum’s hardware roadmap.The paper provides a framework for assessing how advances in quantum hardware and algorithms, could affect when practical industrial applications become feasible.SoftBank Corp. and Quantinuum will use the roadmap to inform their exploration of future quantum AI data center services and related business models.

TOKYO and BROOMFIELD, Colo., July 22, 2026 /PRNewswire/ — Quantinuum (NASDAQ: QNT) and SoftBank Corp. (“SoftBank”) today announced the publication of “Quantum Computing Frontiers,” a joint white paper that maps two commercially-relevant quantum computing application areas against Quantinuum’s hardware roadmap. The analysis examines how advances in quantum hardware and algorithms could affect when these applications become practical for industrial use.

The paper focuses on two representative application domains that SoftBank is actively using Quantinuum’s systems to research: quantum chemistry for new materials discovery and energy research, and topological data analysis for large-scale graph analytics, including for telecommunications fraud detection. The authors anchor their assessment of the scalability of these two application areas against Quantinuum’s published hardware roadmap, examining how projected advances in hardware capabilities and algorithms may enable the commercial readiness of future industrial applications.

Building on this use-case roadmap, the paper also examines how quantum computing, AI, and high-performance computing could be integrated into future computing infrastructure. It considers how progress across successive hardware generations could inform future quantum AI data center services and related business models, a key focus of the Quantinuum and SoftBank partnership announced last year.

“The key takeaway of this study is that organizations do not need to wait for large-scale, fault-tolerant systems to explore where quantum computing can begin creating value,” said Duncan Jones, General Manager, Applications Group at Quantinuum. “By using today’s systems to develop, benchmark and refine applications in areas such as quantum chemistry and graph analytics, enterprises can build the technical and operational readiness needed for the next era of quantum-enabled computing.”

“The question is no longer whether quantum computing may deliver value, but rather which problem classes become executable at which stage of hardware maturity,” said Ryuji Wakikawa, Senior Vice President & CTO at SoftBank Corp. “However, we believe progress in hardware must be complemented by equally strong developments in quantum algorithms and the integration of quantum systems with AI and high-performance computing.”

The white paper discusses illustrative scenarios describing how representative applications, technology maturity, and potential market opportunities may evolve over time under stated assumptions. The analysis provided in the paper is intended to provide a conceptual framework for understanding potential market evolution and does not represent financial guidance or forecasts. These analyses are intended to support discussion of future technology development and should not be interpreted as commitments regarding commercialization, infrastructure investment, products, services, or financial performance.

The full white paper is available to download on the SoftBank and Quantinuum websites.

About SoftBank Corp.

Guided by the SoftBank Group’s corporate philosophy, “Information Revolution – Happiness for everyone,” SoftBank Corp. (TOKYO: 9434) operates telecommunications and IT businesses in Japan and globally. Building on its strong business foundation, SoftBank Corp. is aiming to activate the potential of AI across its businesses and drive implementation in line with its “Activate AI for Society” growth strategy. While further growing its telecom business, SoftBank is expanding its AI computing infrastructure and AI and Cloud service businesses with the aim of becoming a provider of Next-generation Social Infrastructure. To learn more, please visit https://www.softbank.jp/en/corp/

About Quantinuum

Quantinuum (NASDAQ: QNT) is a leading quantum computing company offering a full-stack platform designed to make quantum computing deployable in real-world environments. The company has commercially deployed multiple generations of quantum systems built on the well-established QCCD architecture, which it has implemented with novel designs and capabilities to achieve the industry’s highest accuracy levels based on average two-qubit gate fidelity.[1] Quantinuum has active engagements with market leaders across pharmaceuticals, material science, financial services, and government and industrial markets. The company has a global workforce of approximately 700 employees, including top scientists and researchers. Over 70% of its technology team holds PhDs or Master’s degrees. Quantinuum’s headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, Qatar, and Singapore.

For more information, please visit www.quantinuum.com.

Cautionary Statement Concerning Forward-Looking Statements

This press release contains certain statements that may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts. The words “anticipate,” “assume,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “future,” “will,” “seek,” “foreseeable,” the negative version of these words, or similar terms and phrases are intended to identify forward-looking statements. Such statements are based on certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. New factors emerge from time to time, and it is not possible for Quantinuum to predict all such factors. Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, Quantinuum does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

 

[1] As of December 31, 2025.

SOURCE Quantinuum

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