Insurance stories
UpCover has raised $19 million to expand its digital commercial insurance brokerage, aiming to disrupt Australia's $20 billion market.
CMTG has advised Australian businesses to assess privacy and data risks before integrating AI tools like Microsoft Copilot, as data protection becomes essential.
Allianz has launched a Virtual Reality therapy programme to help drivers overcome phobias following accidents, in partnership with the Sydney Phobia Clinic.
New APRA regulations demand Australian financial firms enhance cybersecurity measures or face hefty penalties, after rising data breaches affect millions.
Publicis Sapient has partnered with Google Cloud to boost generative AI adoption, creating a dedicated unit to assist enterprises in leveraging AI technologies.
The BSV Association has appointed Ásgeir Óskarsson as its new Managing Director, bringing over ten years of expertise in finance, insurance, and blockchain.
ReliaQuest's latest report reveals a staggering 32% rise in ransomware cases targeting finance and insurance firms, with attackers moving significantly faster in 2024.
KnowBe4 research reveals the average cost of a data breach rose to USD $4.88 million, underscoring the urgent need for enhanced cybersecurity strategies.
Qlik has been named a 2024 Gartner Peer Insights Customers' Choice for Analytics and Business Intelligence Platforms, highlighting its strong user satisfaction.
Orbus Software has acquired Sydney-based Capsifi to enhance its OrbusInfinity platform, aiming for a more robust enterprise transformation solution.
Appian announced its 2024 Asia-Pacific and Japan Partner Awards, celebrating partners for their notable customer engagement and innovation across the region.
A new analysis reveals that job postings mentioning Generative AI have tripled in Australia, highlighting varied adoption trends across sectors.
Matthew Winter has been appointed Head of Engineering at Prophet, enhancing its data ingestion capabilities as the company experiences significant growth.
IoT technology is emerging as a key solution to combat the UK's water leakage crisis, which saw over 1 trillion litres lost last year.
Guidewire has unveiled AI-enhanced underwriting and claims applications, aiming to boost insurance productivity with features like Claims Intel and Las Leñas.
DAS has launched a tool for near real-time bushfire monitoring, helping organisations quickly identify affected customers and properties during disasters.
A recent study by Gigged.AI reveals a critical AI skills gap in the UK, warning that government policies hinder recruitment essential for future growth.
Trakm8 reveals that connected insurance solutions can boost eco-friendly driving, cutting fuel costs and potentially lowering insurance premiums for drivers.
The Digital Operational Resilience Act will come into force on 17 January 2025, impacting ICT providers linked to the financial services sector.
Business Next has launched AGENTNEXT, India's first AI agent platform, to modernise banking and financial services, aiming for 60-70% task automation.