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Insurance Stories - Page 19

UK Stories

Insurance stories

Guidewire study reveals customer attitudes to AI in insurance
Digital Transformation

Guidewire study reveals customer attitudes to AI in insurance

Guidewire's latest study reveals varied customer opinions on the insurance industry, highlighting the impact of personal experiences, tech advances, and diversity.

By Sean Mitchell • 3 min read • Wed, 15th May 2024
Wakam launches UK subsidiary with FCA & PRA approval
Insurance

Wakam launches UK subsidiary with FCA & PRA approval

Insurer Wakam launches its UK subsidiary, Wakam UK Limited, signalling a major expansion feat in the heavily regulated market.

By Shannon Williams • 3 min read • Thu, 2nd May 2024

Global Stories

Insurance stories

Generative AI could boost Asia-Pacific economy by $4.5 trillion
EduTech

Generative AI could boost Asia-Pacific economy by $4.5 trillion

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.

By Catherine Knowles • 3 min read • Fri, 24th May 2024
Dragos forges key partnerships to enhance OT cybersecurity
Disaster Recovery

Dragos forges key partnerships to enhance OT cybersecurity

Dragos partners with top insurance, brokerage, and legal firms to bolster OT cybersecurity, creating a unified incident response framework against cyber hazards.

By Sean Mitchell • 2 min read • Wed, 22nd May 2024
Unified communications market to expand to USD $187.6 billion by 2031
Unified Communications

Unified communications market to expand to USD $187.6 billion by 2031

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.

By Kaleah Salmon • 3 min read • Tue, 21st May 2024
Endava introduces Agentic AI accelerator for regulated sectors
Digital Transformation

Endava introduces Agentic AI accelerator for regulated sectors

Endava's new Agentic AI Industry Accelerator, Morpheus, aims to bring transparency and greater control to AI use in tightly regulated sectors.

By Shannon Williams • 3 min read • Wed, 1st May 2024
How blending ICT environments can elevate or impede your financial services merger
Fintech

How blending ICT environments can elevate or impede your financial services merger

Being strategic about the way you consolidate and integrate your respective tech stacks is critical.

By Iman Ghodosi • 4 min read • Mon, 29th Apr 2024
Hyland pioneers AI updates for increased efficiency & automation
EduTech

Hyland pioneers AI updates for increased efficiency & automation

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.

By Catherine Knowles • 3 min read • Fri, 26th Apr 2024

Stories from Other Regions

Insurance stories

Momentum Life enhances quality assurance with AI bot QBOT
Digital Transformation

Momentum Life enhances quality assurance with AI bot QBOT

Momentum Life has launched QBOT, an AI-powered quality assurance bot by Quanton, to enhance compliance and customer service.

By Shannon Williams • 3 min read • Thu, 30th May 2024
The three trends supporting fintech growth in Australia
Data Analytics

The three trends supporting fintech growth in Australia

Australia's fintech sector, powered by innovation, technology, and government backing, has surged from AUD $250 million in 2015 to AUD $45 billion in 2023.

By Annexa • 5 min read • Thu, 30th May 2024
Ansvar partners with Interactive to modernise tech & boost security
Data Protection

Ansvar partners with Interactive to modernise tech & boost security

Ansvar teams up with Interactive to modernise their tech stack and bolster security measures, driving enhanced risk management and regulatory compliance.

By Kaleah Salmon • 3 min read • Thu, 30th May 2024
Zurich & UTS AI partnership transforms underwriting process
Unified Communications

Zurich & UTS AI partnership transforms underwriting process

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.

By Catherine Knowles • 3 min read • Mon, 27th May 2024
Generative AI could boost Australia's economy by USD $269 billion
Generative AI

Generative AI could boost Australia's economy by USD $269 billion

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.

By Sean Mitchell • 3 min read • Thu, 23rd May 2024
Discovermarket partners with Globe to launch cyber insurance in Philippines
Insurance

Discovermarket partners with Globe to launch cyber insurance in Philippines

Discovermarket partners with Globe to launch CyberInsurance in the Philippines, offering protection against online identity theft and fraud as cybercrime surges.

By Sean Mitchell • 3 min read • Thu, 23rd May 2024
Cyber attacks impact 60% of mid-sized Australian businesses
Fintech

Cyber attacks impact 60% of mid-sized Australian businesses

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.

By Shannon Williams • 3 min read • Wed, 22nd May 2024
Australia leads Asia Pacific in AI innovation & growth
DataCentre infrastructure

Australia leads Asia Pacific in AI innovation & growth

Australia's AI innovation surpasses Asia Pacific, buoyed by strong tech infrastructure and initiatives like the brain-scale supercomputer DeepSouth.

By Sean Mitchell • 3 min read • Tue, 21st May 2024
Singapore's manufacturing sector most prone to cyber attacks
Ransomware

Singapore's manufacturing sector most prone to cyber attacks

Singapore's manufacturing industry outpaces financial services as the most targeted sector in cyber attacks, according to a 2024 Ensign InfoSecurity report.

By Shannon Williams • 3 min read • Thu, 9th May 2024