Insurance stories - Page 2
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Zurich & UTS AI partnership transforms underwriting process
Mon, 27th May 2024
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ai
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mental health
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insurance
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.
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Generative AI could boost Asia-Pacific economy by $4.5 trillion
Fri, 24th May 2024
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ai
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accenture
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insurance
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.
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Generative AI could boost Australia's economy by USD $269 billion
Thu, 23rd May 2024
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ai
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accenture
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insurance
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.
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Discovermarket partners with Globe to launch cyber insurance in Philippines
Thu, 23rd May 2024
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insurance
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cybercrime
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insurtech
Discovermarket partners with Globe to launch CyberInsurance in the Philippines, offering protection against online identity theft and fraud as cybercrime surges.
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Cyber attacks impact 60% of mid-sized Australian businesses
Wed, 22nd May 2024
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fintechs
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financial systems
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ai
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.
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Dragos forges key partnerships to enhance OT cybersecurity
Wed, 22nd May 2024
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dr
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advanced persistent threat protection
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risk & compliance
Dragos partners with top insurance, brokerage, and legal firms to bolster OT cybersecurity, creating a unified incident response framework against cyber hazards.
![Story image](../../../../../uploads/story/2024/05/21/preview_img-EYPgyzcInaQEbNeA2Yd0kssu.webp)
Australia leads Asia Pacific in AI innovation & growth
Tue, 21st May 2024
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datacentre infrastructure
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ai
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intel
Australia’s AI innovation surpasses Asia Pacific, buoyed by strong tech infrastructure and initiatives like the brain-scale supercomputer DeepSouth.
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Unified communications market to expand to USD $187.6 billion by 2031
Tue, 21st May 2024
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uc
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digital transformation
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cybersecurity
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.
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NormCyber earns Microsoft specialisation for threat protection
Fri, 17th May 2024
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advanced persistent threat protection
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cloud security
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soc
NormCyber earns prestigious Microsoft Threat Protection specialisation, demonstrating its expertise in deploying advanced cyber security solutions and solidifying its status as a top-tier Microsoft Security Solutions Partner.
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Guidewire study reveals customer attitudes to AI in insurance
Wed, 15th May 2024
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ai
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digital transformation
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insurance
Guidewire's latest study reveals varied customer opinions on the insurance industry, highlighting the impact of personal experiences, tech advances, and diversity.
![Story image](../../../../../uploads/story/2024/05/07/preview_img-3BZTtD5KHH2wqHx4O7K5FdOI.webp)
Singapore's manufacturing sector most prone to cyber attacks
Thu, 9th May 2024
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ransomware
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ai
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singapore
Singapore's manufacturing industry outpaces financial services as the most targeted sector in cyber attacks, according to a 2024 Ensign InfoSecurity report.
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Wakam launches UK subsidiary with FCA & PRA approval
Thu, 2nd May 2024
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insurance
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insurtech
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fca
Insurer Wakam launches its UK subsidiary, Wakam UK Limited, signalling a major expansion feat in the heavily regulated market.
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Endava introduces Agentic AI accelerator for regulated sectors
Wed, 1st May 2024
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digital transformation
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rpa
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insurance
Endava's new Agentic AI Industry Accelerator, Morpheus, aims to bring transparency and greater control to AI use in tightly regulated sectors.
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How blending ICT environments can elevate or impede your financial services merger
Mon, 29th Apr 2024
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fintechs
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cx
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martech
Being strategic about the way you consolidate and integrate your respective tech stacks is critical.
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Hyland pioneers AI updates for increased efficiency & automation
Fri, 26th Apr 2024
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edutech
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ecm
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martech
Hyland, global content solutions leader, introduces Hyland Experience Automate (Hx Automate), a pioneering service from its next-gen Hyland Experience (Hx) platform, aiming to revolutionise AI application in business management.
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Exclusive: How SAS is tackling risk management and compliance
Tue, 23rd Apr 2024
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risk & compliance
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ai
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customer service
Innovative analytics and AI company, SAS, led by Chris Schaub, is revolutionising risk management and compliance practices in Australia and New Zealand.
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SentinelOne implements AI security tech at Australian insurer EML
Tue, 23rd Apr 2024
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data protection
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advanced persistent threat protection
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cybersecurity
SentinelOne extends its reach to Australia through the successful deployment of threat detection solution Singularity at insurance specialist Employers Mutual Limited.
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FPT unveils strategic vision embracing AI & green transformation
Thu, 18th Apr 2024
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devops
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digital transformation
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apm
FPT Corporation lays out a new strategy targeting AI, Automotive, Semiconductors, Digital and Green Transformation, positioning Vietnam as a leading global hub for business and innovation.
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Cybersecurity services market to hit $445.3 billion by 2032
Wed, 10th Apr 2024
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devops
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malware
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casb
Rapid rise in cybercrimes forces urgent global reappraisal of security strategies in government, defence, and IT sectors amid projections of cybersecurity services market growing to $445.3bn by 2032.
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Nobl9 & Evolutio team up to enhance Cisco's Observability Platform
Mon, 1st Apr 2024
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fintechs
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digital transformation
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insurance
Nobl9 and Evolutio partner to amplify the functionality of Cisco's full-stack Observability Platform, leveraging advanced software reliability and observability solutions to enhance user experience.