Allianz plans to cut 1,500 to 1,800 jobs at its travel division Allianz Partners over the next 12 to 18 months, primarily in call centers, as automated AI systems take over customer service roles. The…
The Bank for International Settlements (BIS) warned in its annual economic report that the artificial intelligence investment boom could end in a prolonged crash, drawing parallels to the late-1990s d…
The AI boom may be entering its final stages as stock volatility surges and companies rush to raise cash, with analysts at Capital Economics warning of an equity bubble close to bursting. The Nasdaq h…
Goldman Sachs led a $110 million Series C investment in Taktile, a financial AI startup that provides decision infrastructure for banks and insurers, as the industry moves from AI pilots to autonomous…
Lloyd's-backed MGA K2 PI targets larger professional indemnity risks, focusing on higher-risk accounts and international business through its broker-neutral model. Managing director Richard Smart says…
Allianz has overtaken AXA to become Europe's top insurer in AI maturity, with an AI workforce 28% larger than its closest rival and 900 active AI use cases. The Evident AI Index reveals that while glo…
Germany’s IT job market in 2026 faces a paradox: a record 109,000 unfilled IT positions persist even as the country endures its worst industrial downturn since reunification, with GDP stagnant for thr…