Insurance stories - Page 3

Australia's Senate has passed the Action Initiation Bill, empowering consumers to share data and initiate service actions through accredited providers, boosting competition.

Verint leverages its open AI platform to revolutionise customer experience, integrating real-time data and ensuring security while leading market innovation.

Fabric Cryptography raises USD $33 million in Series A funding co-led by Blockchain Capital and 1kx to develop Verifiable Processing Unit chips for cryptography.

Prudential and Google Cloud expand their partnership to launch an AI Lab in Singapore, aiming to transform insurance with innovative AI-driven products and applications.

Adatree launches 'Insights' product suite to boost fraud prevention and operational efficiency, leveraging Open Banking.

Malwarebytes launches a new cyber protection platform, featuring an all-in-one dashboard with real-time guidance, as consumer threats hit unprecedented highs.

Palo Alto Networks' '2024 Unit 42 Report' reveals rising cybersecurity threats driven by AI, with sectors like insurance and pharmaceuticals facing heightened vulnerabilities.

The rapidly evolving ransomware threat poses a significant risk to business continuity, crucially impacting cyber insurance strategies. Companies must bolster cybersecurity to stay ahead.

Arctic Wolf's Cyber JumpStart Portal is now available to businesses of all sizes. It offers free tools to manage cyber risk and enhance insurability.

Zurich Australia partners with Tesla to provide exclusive insurance for EV customers via the InsureMyTesla product, integrated directly into the Tesla app.

Insurwave and Ambrey join forces to integrate advanced specialty insurance tech with maritime risk management, promising real-time threat alerts and enhanced security.

Sarah Kahlau, MD of Outsized ANZ, discusses the firm's strategic expansion, flexible talent solutions, and unique human-first approach in a high-growth region.

Australia ranks fourth globally in GenAI adoption, trailing only China, the UK, and the US, with 63% of local organisations embracing the technology.

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

A staggering 95% of UK and US firms struggle with data issues, as revealed by esynergy, with ineffective governance undermining business operations and decision-making.

A faulty update from Crowdstrike has triggered a global IT outage, disrupting healthcare, broadcasting, and more, raising urgent questions about security dependencies.

Fidelity Life teams with UnderwriteMe to launch E-App, transforming life insurance applications in New Zealand by streamlining the underwriting process.

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.

NormCyber crowned Fortinet's Security Operations Partner of the Year, solidifying its prowess in advanced cyber threat defence at the UK Partner Awards.