Insurtech New England: AI's Impact in 2025 and Beyond

Exploring AI's Future in Insurance: Insights from Foley Hoag

Foley Hoag LLP recently shared the latest insights on the evolving role of artificial intelligence (AI) within the insurance sector during their Insurtech New England event. This gathering brought together some of the brightest legal minds in the industry to discuss trends and forecasts for 2025 and beyond.

Key Themes and Discussions

During the event, trusted attorneys emphasized several critical points about AI’s growing influence on the insurance landscape. They explored how AI can enhance risk assessment, streamline underwriting processes, and improve claims handling.

Experts noted that while AI offers significant advantages, it also presents challenges, particularly regarding compliance and data privacy. The discussion highlighted the importance of navigating these complexities to ensure that technological advancements align with legal regulations.

Who Should Pay Attention?

Insurance professionals, from underwriters to claims adjusters, should take a keen interest in these developments. Understanding how AI can enhance operational efficiency will be crucial for remaining competitive in a rapidly evolving market.

Additionally, legal experts highlighted the necessity for insurers to engage with legal counsel to stay updated on regulatory requirements as technology continues to advance. This legal insight can help companies avoid compliance pitfalls as they adopt new tools.

What’s Next?

The discussion provided a balanced view of AI’s potential and the precautions that must be taken as the technology further penetrates the insurance sector. As organizations plan for the future, they will need to consider both the capabilities and the legal implications of incorporating AI into their operations.

For those looking to stay informed about these ongoing developments, the event offered a valuable opportunity to gain insights directly from professionals at the forefront of legal expertise in the insurance industry.

Original Source: https://foleyhoag.com/news-and-insights/events/2025/december/insurtech-new-england-ai-s-impact-in-2025-and-beyond/