Insurance stories

Qlik has been named a 2024 Gartner Peer Insights Customers' Choice for Analytics and Business Intelligence Platforms, highlighting its strong user satisfaction.

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.

Allianz has launched a Virtual Reality therapy programme to help drivers overcome phobias following accidents, in partnership with the Sydney Phobia Clinic.

Orbus Software has acquired Sydney-based Capsifi to enhance its OrbusInfinity platform, aiming for a more robust enterprise transformation solution.

New APRA regulations demand Australian financial firms enhance cybersecurity measures or face hefty penalties, after rising data breaches affect millions.

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.

Publicis Sapient has partnered with Google Cloud to boost generative AI adoption, creating a dedicated unit to assist enterprises in leveraging AI technologies.

Business Next has launched AGENTNEXT, India's first AI agent platform, to modernise banking and financial services, aiming for 60-70% task automation.

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.

InsuredHQ has joined forces with GoCardless to enhance payment processing for insurance firms in the Asia-Pacific, aiming for greater efficiency and reliability.

Attestiv has unveiled a new deepfake detection platform to help individuals and businesses tackle the rise of fake videos amid growing digital deception concerns.

EXL has unveiled its new Insurance LLM, enhancing claims accuracy by 30% for the insurance sector, leveraging NVIDIA partnerships and advanced AI techniques.

A recent study by Sinch reveals over 70% of brands view Rich Communication Services as a key channel for customer communication in five years.

WTW has unveiled ResQ Machine-led Reserving, a technology that promises insurers enhanced accuracy and efficiency in property and casualty reserving.

Newgen Software has been named a niche player in the 2024 Gartner Magic Quadrant for Enterprise Low-Code Application Platforms for the fifth year running.

Newgen Software has been named a Niche player in the 2024 Gartner Magic Quadrant for Enterprise Low-Code Application Platforms for the fifth consecutive year.