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Regulatory pressures and a heightened risk profile are prompting insurers to impose stricter cyber insurance requirements on businesses in Australia and New Zealand, Arctic Wolf’s 2025 Cyber Insurance Report shows. Comp...
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Rollout of Connect and Cyber Masterclass to make trading cyber easier for bro...
CFC, the specialist insurance provider, pioneer in emerging risk and market leader in cyber, announced the launch of its ground-breaking trading portal, Connect, and free on-demand Cyber Masterclass series in New Zealand to make trading...Feature
News that a financial ombudsman service had uncovered scams using its name and branding drew strong reader interest this week. Financial Ombudsman, Financial Services Complaints Limited (FSCL), says scams using its name and brandi...
News from Australia
Underwriters should be on alert for unwitting exposure to claims stemming from inaccuracies caused by artificial intelligence, an insurance lawyer says. AI could be “even more pervasive than cyber in terms of where it...
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Technology and artificial intelligence (AI) are reshaping insurance distribution, creating challenges and efficiencies for intermediaries, as insurers balance profitability with customer and agent satisfaction. Capgemini’s...
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Geopolitical uncertainty is the primary driver of emerging threats for banks and insurers, according to the 2025 ORX Horizon and Cyber Horizon reports. The reports, based on input from 47 global financial services firms, ranked...
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The swift development of AI has resulted in the increasing integration of AI technology in insurance claims management and insurance underwriting. In certain cases, AI has been used by insurers to streamline administrative work to...
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Willis Towers Watson (WTW) has released a new report exploring the potential for historic loss data to help financial institutions narrow gaps between perceived and actual operational risks. Part of the firm’s...
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Recent research from insurer AMI shows that 73% of small business owners are concerned about cyber security, and one in four say they’ve been affected within the last two years. Despite that concern, more than half of...
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Data privacy and security compliance were identified as the primary concerns of 75% of global insurers and 83% of their New Zealand and Australian counterparts, according to a Gallagher Bassett survey. The claims and risk...
