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Insurance news stories - Page 2

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Fintech
Insurtech a win-win for insurers and customers, expert says
“The insurance sector is also testing new technologies to better assess or manage their risks," comments InsurTech chair Jason Roberts.
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Blockchain
ANZ and IBM developing blockchain solution for insurance industry
“As a ‘single source of truth’, it will provide greater visibility throughout the process, remove uncertainty and help make response times faster."
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Chatbots
Lifebroker and Jade Software launch Facebook chatbot for life insurance quote comparisons
Alfred is currently live in-market following a three-month development period and customer pilot process.
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SaaS
System integrator Equisoft attains Oracle Insurance Policy specialisation
Equisoft is currently working with 20 insurers on Oracle Insurance Policy Administration integration projects.
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SD-WAN
Dimension Data helps insurance company upgrade data center
“Our previous network constantly suffered from severe downtime despite us spending a significant sum on maintenance costs."
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Cybersecurity insurance
Chubb includes cyber insurance as part of new SME offering for Australians
"Not only will it cover all the typical exposures small business owners face in their day-to-day operations but it will also cover emerging risks."
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Artificial Intelligence
Health insurer nib trials AI customer service agent Frankie
Frankie will be able to provide instant responses to a variety of common enquiries to nib’s new product range including benefits available.
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Disaster Recovery
Business interruption - now a costly claims business for insurance companies
Business interruption is now being claimed by organisations as part of revenue lost due to natural disasters.
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Cybersecurity insurance
Delta Insurance takes tech & cyber liability insurance to South Island firms
the company has concentrated heavily on its cyber and tech liability offerings, which Samson says is a good fit for South Island tech companies.
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Cloud
Blockchain disruption: Insurance companies must smarten up to keep up
Car manufacturers that build sensors into their vehicles could identify damage resulting from a collision and trigger a claim payment.
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DDoS
TPB urges cybersecurity savviness for tax practitioners
Acting Chair Greg Lewis believes that practitioners should consider professional indemnity (PI) insurance cover to deal with first-party losses.
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Cloud
Chch tech company iViis helps to reinvigorate insurance process after Kaikoura quakes
A Christchurch-based tech company has been working with insurance companies to make life a lot easier for those affected by the Kaikoura quakes.
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Cyber Criminal
​Should insurance cover cyber crime theft? Another Kiwi duped
New Zealand’s insurance industry doesn’t cover claims of theft via cyber crime – should it?
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Insurance
IAG launches hub in Singapore to drive InsurTech innovation
"The real opportunity is in combining our experience and knowledge with the fresh thinking of new partners in Singapore."
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Drones
Flying a drone at work? Now there's insurance specially made for commercial UAVs
If you’re in charge of operating UAVs or drones for your employer (or your own business), drone insurance is about to get much simpler.
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Internet of Things
2017 will be a 'watershed year' for the insurance industry thanks to IoT
"All the Internet of Things in the world will not stop a hurricane, flood, or people just plain breaking things."
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Insurance
Equinix on data: Insuring a bright future
Many insurers have robust customer facing platforms and technology can help them to address their customer needs.
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Insurance
The future: How technology will disrupt the insurance sector
“Any organisation that is not a big data house now, or is unable to become one soon, is already a legacy company.”
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Infrastructure
The bane of all data center environments: How it can all go wrong
As data centers evolve in size and complexity, multiple areas of potential risk continue to arise - here's some of the most common to be aware of.
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Cybersecurity insurance
The rise of cyber security threats is a good thing... for insurance providers
The rising demand for cyber insurance is creating significant opportunities for insurers around the world, according to a new IDC report.
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Internet of Things
Latest industry to be fundamentally disrupted by tech? Insurance
“While already experiencing digital disruption, the insurance industry needs to brace itself for the massive, inevitable disruption."
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Trade Me
Trade Me gets into the online insurance biz
“This seemed like a natural extension for us into an area where we could do something to change things up.”
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Insurance
Neighbourly and AMI team up to store contents info
sponsored by AMI, Kiwi community website Neighbourly has launched the Home Contents Locker enabling members to store crucial contents information.
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Cybersecurity
Kiwi SMEs, insure against cyber attacks or pay the price
Kiwi companies are underestimating the risks of cyber attacks, even though there's a growing number of incidents as threats become more sophisticated.