In 2032, the (re)insurance brokerage industry has been transformed by AI technologies.

Two large brokerages shuttered and three others merged to form an AI-driven dark pool called 'The BrokerAIge™'.

The adoption of AI simplified underwriting processes and improved risk assessment.

Key events included the adoption of generative AI tools in 2024, automation and hiring of Chief Algorithmic Underwriting Officers in 2026, attainment of Full Agency status by EchoGen's Oppy model in 2028, and introduction of brokerless systems in 2029.

The D&O insurance line experienced losses while property catastrophe underwriting saw a resurgence due to AI weather models.

The 2030 global 'MataLeão' cyber attack rendered current cyber underwriting untenable.

By 2032, AI advanced to a point of making human intervention largely unnecessary in the (re)insurance brokerage process.

The shift created new opportunities in AI development, data analysis, and cybersecurity but also displaced jobs, raising questions about future employment and the need for upskilling.