InsurTech stories
Insurers face accumulating losses if the same AI platforms sit undetected across multiple policyholders, KYND has warned.
MSPs and MSSPs face rising pressure to prove security controls work, as cyber insurers and clients demand more evidence of resilience.
Enterprise users can now limit what AI voice agents access and do, as OpenAI seeks to move beyond pilot projects into production use.
The service targets a gap in corporate defences as hackers increasingly use executives' personal devices, homes and families to gain access.
Travellers buying selected Asia Pacific policies will get eSIM access and a 1GB starter pack for a limited period, cutting roaming costs.
Australia's repair sector could see faster parts sourcing as Partly uses fresh funding to add engineers and AI specialists locally.
The funding will help Feathery expand software used by more than 300 financial firms to automate workflows and data sharing.
Many organisations are still testing AI in pilots, as executives say trust, governance and measurable results now matter more than hype.
Demand for digital identity checks is rising as fraud and compliance risks mount, with the merged group spanning more than 50 countries.
The move aims to slash reconciliation delays and cash blind spots for insurers by automating payments across broker-led chains.
Rising temperatures are making generators more likely to face outages, replacement power costs and bigger balance sheet losses during peak demand.
Insurers risk costly errors if AI outputs are not checked for accuracy before they reach claims, pricing and underwriting decisions.
Veterinary clinics can now cut invoice delays as a new portal links real-time pet insurance claims with payments in one workflow.
The recognition highlights growing insurer demand for tools that curb building repair claim inflation, with users reporting 10% to 12% savings.
The insurer will use AI to speed reviews of adverts and website copy while keeping human sign-off under FCA Consumer Duty rules.
The insurer wants clearer online content to stay visible as customers increasingly rely on AI tools for comparisons and recommendations.
The move gives large US businesses up to USD $25 million in cover as insurers grapple with faster, costlier cyber attacks.
It will let staff spot complaints and vulnerability in real time, giving Vero earlier warning of customer distress across its New Zealand teams.
Tighter regulation and rising cyber threats are pushing insurers to bolster defences for customer data and operational systems.
Most fintech startups could miss out on planned tax relief unless Treasury rewrites rules to reflect the sector's long, costly path to scale.
