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Australian Stories

Insurance stories

UpCover raises $19 million to disrupt insurance market
Digital Transformation

UpCover raises $19 million to disrupt insurance market

UpCover has raised $19 million to expand its digital commercial insurance brokerage, aiming to disrupt Australia's $20 billion market.

By Catherine Knowles • 3 min read • Fri, 14th Feb 2025
Businesses urged to prioritise AI data security measures
Physical Security

Businesses urged to prioritise AI data security measures

CMTG has advised Australian businesses to assess privacy and data risks before integrating AI tools like Microsoft Copilot, as data protection becomes essential.

By Shannon Williams • 3 min read • Fri, 31st Jan 2025

Global Stories

Insurance stories

Infosys highlights AI's growing impact on global industries
Unified Communications

Infosys highlights AI's growing impact on global industries

A new survey by Infosys Knowledge Institute reveals a significant shift towards scaled AI deployment across industries, driven by reduced costs and improved success rates.

By Sean Mitchell • 3 min read • Thu, 13th Mar 2025
WTW launches AI tool to enhance insurer performance
Data Analytics

WTW launches AI tool to enhance insurer performance

WTW has launched Radar Vision, an AI-driven monitoring tool for insurers, aimed at enhancing business performance and growth in the insurance sector.

By Kaleah Salmon • 2 min read • Tue, 11th Mar 2025
Organisations question CISO liability policy effectiveness
Financial Systems

Organisations question CISO liability policy effectiveness

A Fastly study reveals 93% of organisations have updated policies to protect CISOs from personal liability, though effectiveness remains unclear.

By Catherine Knowles • 3 min read • Thu, 6th Mar 2025
Celonis launches new apps to optimise industry processes
Supply Chain

Celonis launches new apps to optimise industry processes

Celonis has launched four new Process Intelligence Apps in collaboration with partners, aimed at optimising industrial processes and reducing claims leakage.

By Sean Mitchell • 2 min read • Thu, 27th Feb 2025
Insurance executives see opportunity in $1.8 trillion gap
Artificial Intelligence

Insurance executives see opportunity in $1.8 trillion gap

A recent survey reveals that 79% of insurance executives feel a moral duty to address the USD $1.8 trillion global protection gap, viewing it as a key business opportunity.

By Sean Mitchell • 3 min read • Wed, 26th Feb 2025
Data analysts see AI as career growth, not a threat
EduTech

Data analysts see AI as career growth, not a threat

Research from Alteryx reveals that while 94% of data analysts see their roles becoming more strategic, 76% still rely on spreadsheets for data tasks.

By Shannon Williams • 2 min read • Thu, 20th Feb 2025
Ásgeir Óskarsson appointed as BSV Association chief
EduTech

Ásgeir Óskarsson appointed as BSV Association chief

The BSV Association has appointed Ásgeir Óskarsson as its new Managing Director, bringing over ten years of expertise in finance, insurance, and blockchain.

By Imee Dequito • 2 min read • Sat, 1st Feb 2025
Cyber threats surging for finance & insurance sectors
Malware

Cyber threats surging for finance & insurance sectors

ReliaQuest's latest report reveals a staggering 32% rise in ransomware cases targeting finance and insurance firms, with attackers moving significantly faster in 2024.

By Melania Watson • 3 min read • Fri, 31st Jan 2025
KnowBe4 report links cyber insurance to security needs
EduTech

KnowBe4 report links cyber insurance to security needs

KnowBe4 research reveals the average cost of a data breach rose to USD $4.88 million, underscoring the urgent need for enhanced cybersecurity strategies.

By Shannon Williams • 3 min read • Thu, 23rd Jan 2025
Qlik named 2024 Customers' Choice for analytics platform
Data Analytics

Qlik named 2024 Customers' Choice for analytics platform

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

By Kaleah Salmon • 3 min read • Wed, 15th Jan 2025

Stories from Other Regions

Insurance stories

QBE Asia appoints Ronak Shah as CEO of Wholesale Markets
Physical Security

QBE Asia appoints Ronak Shah as CEO of Wholesale Markets

QBE Asia has appointed Ronak Shah as Chief Executive Officer of Wholesale Markets Asia, effective 1 March 2025, to strengthen its reinsurance operations across the region.

By Moritz Florian • 3 min read • Thu, 27th Feb 2025
Regit & DBS Data unite to transform automotive marketing
Cartech

Regit & DBS Data unite to transform automotive marketing

Regit and DBS Data have joined forces to revolutionise automotive marketing, leveraging extensive vehicle insights to deliver personalised campaigns and support EV adoption.

By Melania Watson • 3 min read • Wed, 19th Feb 2025
DAS unveils new tool for real-time bushfire tracking
Disaster Recovery

DAS unveils new tool for real-time bushfire tracking

DAS has launched a tool for near real-time bushfire monitoring, helping organisations quickly identify affected customers and properties during disasters.

By Catherine Knowles • 3 min read • Fri, 14th Feb 2025
UK faces critical AI skills gap as firms struggle to adapt
Digital Transformation

UK faces critical AI skills gap as firms struggle to adapt

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.

By Catherine Knowles • 4 min read • Thu, 13th Feb 2025
Trakm8's eco-friendly insurance drives reduce fuel costs
Fleet Management

Trakm8's eco-friendly insurance drives reduce fuel costs

Trakm8 reveals that connected insurance solutions can boost eco-friendly driving, cutting fuel costs and potentially lowering insurance premiums for drivers.

By Shannon Williams • 2 min read • Fri, 3rd Jan 2025