Insurance stories - Page 10

Monoova partners with Guidewire to modernise Australian insurance payments, introducing new methods like PayTo to replace direct debits by 2030 and enhance client satisfaction.

GoCardless and ICE InsureTech collaborate to streamline bank payment collections for insurance firms in Australia and New Zealand, enhancing efficiency and reducing costs.

Brands worldwide prepare to leverage the 2024 Summer Olympics' extensive visibility, with 41% of US adults poised to follow closely.

Outsized has announced its expansion into the Australian and New Zealand markets, addressing the rising demand for skilled independent talent in key sectors.

Creatio secures USD $200 million in funding, reaching a USD $1.2 billion valuation. Led by Sapphire Ventures, this investment will bolster global expansion and AI innovation.

OutSystems secures SOC 2 attestation for its Developer Cloud, ensuring heightened security for mission-critical applications across highly regulated industries.

Affinda Group secures USD $10 million in latest funding round, raising total to USD $22.9 million over 18 months, and now valued at USD $120 million.

NP Digital is set to acquire SearchGuru, boosting its APAC presence and enhancing service offerings. This move adds 120 marketers to NP's 270-strong team.

Endava restructures leadership and strategy post-acquisition of Mudbath and DEK Technologies, enhancing its Australian capabilities for significant digital transformation growth.

Australia's fintech sector, powered by innovation, technology, and government backing, has surged from AUD $250 million in 2015 to AUD $45 billion in 2023.

Ansvar teams up with Interactive to modernise their tech stack and bolster security measures, driving enhanced risk management and regulatory compliance.

Zurich and UTS have developed AI models to streamline life insurance underwriting, significantly cutting the time for decisions on mental health disclosures from 22 days to instant approvals.

New Accenture research suggests responsible AI adoption could boost APAC's economy by $4.5 trillion in 15 years, elevating GDP growth by 0.7 percentage points annually.

New research by Accenture shows generative AI could boost Australia's economy by USD $269 billion by 2038, adding 0.75% to annual GDP growth.

A MYOB survey reveals that three in five mid-sized Australian businesses have faced cyber attacks, with the highest rates in finance and insurance sectors.

Dragos partners with top insurance, brokerage, and legal firms to bolster OT cybersecurity, creating a unified incident response framework against cyber hazards.

Australia's AI innovation surpasses Asia Pacific, buoyed by strong tech infrastructure and initiatives like the brain-scale supercomputer DeepSouth.

New research reveals the global unified communications market will soar from USD $48.1B in 2021 to USD $187.6B by 2031, driven by digital transformation and remote work trends.

Endava's new Agentic AI Industry Accelerator, Morpheus, aims to bring transparency and greater control to AI use in tightly regulated sectors.

Being strategic about the way you consolidate and integrate your respective tech stacks is critical.