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insurancebusinessmag. com > au > news > claims > silos-surging-complaints-and-deepfake-fraud-the-threefront-war-reshaping-claims-576263. aspx

Silos, surging complaints and deepfake fraud: The three-front war reshaping claims

10+ hour, 36+ min ago  (459+ words) Start with the silo problem, which can be the single biggest reason promising technology is stopped in its tracks from delivering on its business case. The issue is not the tech " it is the organisational chart. "Yes, definitely a big…...

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@Insurance Biz NZ
insurancebusinessmag. com > nz > news > breaking-news > fma-chief-executive-samantha-barrass-to-step-down-in-2027-576195. aspx

FMA chief executive Samantha Barrass to step down in 2027

3+ day, 10+ hour ago  (277+ words) Samantha Barrass will step down as chief executive of the Financial Markets Authority " Te Mana T'tai Hokohoko (FMA) when her five-year term ends in January 2027, with the regulator preparing to begin the search for her successor. Barrass will not seek…...

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@Insurance Biz AU
insurancebusinessmag. com > au > news > breaking-news > apra-flags-rising-ai-and-cyber-risks-576190. aspx

APRA flags rising AI and cyber risks

3+ day, 10+ hour ago  (500+ words) Strong capital, liquidity, and prudential safeguards mean our financial system is well-positioned to absorb shocks and continue providing critical services to households and businesses, even if economic conditions deteriorate," APRA chair John Lonsdale said. Sustaining that resilience, however, will require…...

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@Insurance Biz US
insurancebusinessmag. com > us > news > professional-liability > are-ai-exclusions-in-dando-becoming-inevitable-576116. aspx

Are AI exclusions in D&O becoming inevitable?

3+ day, 20+ hour ago  (836+ words) Insurers are taking a cautious wait-and-see approach to artificial intelligence risks as banks and corporate clients experiment with the technology but stop short of large-scale deployment, according to senior executives at Gallagher. The emerging consensus across the directors" and officers…...

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@Insurance Biz UK
insurancebusinessmag. com > uk > news > breaking-news > unum-uk-sees-rapid-uptake-of-digital-claims-platform-576075. aspx

Unum UK sees rapid uptake of digital claims platform

4+ day, 2+ hour ago  (435+ words) Employers are turning to digitally led tools to manage rising long-term sickness absence, with new figures from specialist employee benefits provider Unum UK pointing to faster take-up of platform-based claims submission and earlier intervention in the absence cycle. Digitally led…...

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@Insurance Biz UK
insurancebusinessmag. com > uk > news > breaking-news > orvia-continues-european-buildout-with-netherlands-launch-576053. aspx

Orvia continues European buildout with Netherlands launch

4+ day, 5+ hour ago  (662+ words) Orvia Underwriting has followed its London market entry with a move into the Netherlands, extending the MGA platform's operations across Europe at a time when insurers and MGAs are increasing their focus on specialist commercial risks, cyber exposure and cross-border…...

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@Insurance Biz US
insurancebusinessmag. com > us > news > technology > what-happens-when-submission-volume-breaks-your-workflow-feathery-has-an-answer-575966. aspx

What happens when submission volume breaks your workflow? Feathery has an answer

4+ day, 19+ hour ago  (285+ words) Something is cracking inside commercial insurance right now, and most teams can feel it even if they haven't named it yet. Submission volume is climbing fast - faster than the workflows built to handle it - and the gap between the two…...

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@Insurance Biz UK
insurancebusinessmag. com > uk > news > breaking-news > one-in-seven-uk-consumers-drop-cover-as-cost-pressures-bite--premium-credit-575850. aspx

One in seven UK consumers drop cover as cost pressures bite " Premium Credit

5+ day, 8+ hour ago  (410+ words) Around one in seven UK consumers have cancelled or decided against buying insurance in the past year, according to new research from Premium Credit." This compares with the 8% recorded in last year's Insurance Index who said they had been unable…...

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@Insurance Biz UK
insurancebusinessmag. com > uk > news > breaking-news > washingtons-40-billion-hormuz-insurance-fix-zero-takers-575508. aspx

Washington's $40 billion Hormuz insurance fix: zero takers

1+ week, 9+ hour ago  (579+ words) The US Development Finance Corporation's $40 billion maritime reinsurance program " backed by Chubb, AIG, Berkshire Hathaway, Travelers, Liberty Mutual and Starr, and announced by President Trump as the mechanism that would restore energy flows through the Strait of Hormuz " has written…...

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@Insurance Biz AU
insurancebusinessmag. com > au > news > breaking-news > steadfast-becomes-member-of-washington-dc-commercial-insurance-body-575428. aspx

Steadfast becomes member of Washington DC commercial insurance body

1+ week, 2+ day ago  (382+ words) Insurance Business Steadfast becomes member of Washington DC commercial insurance body The association chief cites a need for broader geographic voices at the table Steadfast Group has become a member of the Council of Insurance Agents & Brokers (CIAB), a Washington,…...

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