{"id":479988,"date":"2026-03-17T07:29:13","date_gmt":"2026-03-17T07:29:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/479988\/"},"modified":"2026-03-17T07:29:13","modified_gmt":"2026-03-17T07:29:13","slug":"mcgill-and-aig-collaborate-to-transform-subscription-market-with-ai-driven-underwriting","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/479988\/","title":{"rendered":"McGill and AIG collaborate to transform subscription market with AI-driven underwriting"},"content":{"rendered":"

McGill and Partners and AIG have teamed up in the subscription market to give clients seamless access to high-quality insurance solutions, supported by long-term capacity and managed with agentic AI.<\/p>\n

\"\"As part of the collaboration, AIG conducted a detailed review of McGill and Partners\u2019 specialty portfolio, reportedly confirming its strength and quality.<\/p>\n

Based on this analysis, made possible by McGill and Partners\u2019 digital-first approach since its 2019 launch, AIG developed underwriting criteria to enable real-time underwriting through the broker\u2019s digital platform.<\/p>\n

AIG reportedly expects to deploy meaningful capacity of 25% across up to $1.6 billion of McGill and Partners\u2019 Gross Premiums Written specialty portfolio.<\/p>\n

McGill and Partners noted that its tech-enabled platform provided high-quality data and insights, enabling AIG to underwrite the portfolio and apply an agentic AI approach to manage its future performance.<\/p>\n

McGill and Partners observed that by leveraging it digital broking platform in addition to Palantir\u2019s Foundry platform, AIG will develop \u201ccomprehensive insights\u201d on business underwritten, including near real-time exposure, limit deployment, modelled risk outputs and loss information.<\/p>\n

The broker explained that this access to near real-time data analysis will allow AIG to manage the performance and deployment of AIG\u2019s capacity to its clients on an ongoing basis.<\/p>\n

\u201cThis strategic collaboration sets a new industry benchmark and significantly evolves the model for pre-secured capacity across a diverse specialty portfolio of risk,\u201d McGill and Partners added.<\/p>\n

Steve McGill, CEO, McGill and Partners, commented, \u201cThis collaboration has the potential to disrupt the dynamics of the subscription market.<\/p>\n

\u201cIt strengthens the value proposition of leading underwriters in the market and redefines the way capacity is positioned in the best interests of our clients. This moves beyond incremental change and repositions the way the market operates in the future.\u201d<\/p>\n

Peter Zaffino, Chairman & Chief Executive Officer, AIG, said, \u201cThe rapid evolution of AI and large language models is reshaping risk analytics, giving us the ability to continuously learn from McGill and Partners\u2019 portfolio and deploy capacity with greater insight, discipline and speed.<\/p>\n

\u201cBy using McGill and Partners\u2019 robust data ingestion capabilities along with Palantir\u2019s Foundry platform, we are able to evaluate their portfolio to align with our risk appetite, and over time, we see significant opportunity to deliver greater efficiency to the subscription market while giving clients easier access to high-quality insurance solutions.\u201d<\/p>\n


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