Insurance Stories

Australian Stories

Insurance stories

Compare Club buys One Big Switch in household bills push

The deal gives the combined group access to about five million members as households look for simpler ways to cut energy and insurance bills.

By Raphael Veloso • 4 min read • Last week

Global Stories

Insurance stories

Data sovereignty

Connect finds smaller AI models beat bigger rivals

The findings could sway regulated firms seeking cheaper, more controllable AI, after orchestrated small models beat several larger systems on enterprise tasks.

By Mara Sugue • 4 min read • 2 days ago

Biometrics

Deepfake scams drive USD $40 billion fraud warning

Banks and insurers face rising losses as deepfake fraud is now estimated at USD $40 billion a year, with voice cloning fuelling most cases.

By Karen Joy Bacudo • 5 min read • Yesterday

Disaster Recovery

GFF AI appoints Meenakshi Arekar as chief risk officer

As AI moves into core operations, the hire is designed to strengthen governance and resilience for regulated customers in Australia.

By Mara Sugue • 4 min read • 2 days ago

Robotics

Thales expands Google Cloud tie-up to secure AI agents

The integration aims to curb prompt injection, data leakage and unauthorised actions as firms shift AI from pilots to critical systems.

By Sofiah Nichole Salivio • 4 min read • Yesterday

Fintech

Ecommpay adds Klarna to platform in single integration

Merchants can now offer Klarna's instalment and deferred-payment options through Ecommpay without extra technical work or separate systems.

By Sofiah Nichole Salivio • 3 min read • 3 days ago

Digital Transformation

LendWell signs biggest UK deal with SPF Private Clients

The rollout could free up advisers' time by cutting mortgage administration, while giving the software firm a stronger foothold in the UK market.

By Karen Joy Bacudo • 4 min read • 3 days ago

Data Protection

Xopero buys Vigil Guard to boost AI threat monitoring

The deal gives Xopero a foothold in AI governance as businesses race to stop prompt injection and data leaks from generative tools.

By Sofiah Nichole Salivio • 4 min read • 4 days ago

Digital Transformation

Qualcom appoints Fergal Flattery to grow AI practice

The Irish provider has committed €500,000 to the unit as demand grows for secure, practical AI adoption among businesses.

By Sofiah Nichole Salivio • 3 min read • 4 days ago

Quantum Computing

Gartner sees quantum spending reaching USD $1.1 billion

Global quantum computing revenue is set to top USD $1 billion by 2027 as governments and companies keep funding early-stage research.

By Karen Joy Bacudo • 3 min read • Last week

Document Management

Smart Communications boosts AI migration for enterprises

By cutting template rebuilds, the update could lower switching costs for insurers, banks and other regulated firms modernising customer communications.

By Joseph Gabriel Lagonsin • 4 min read • Last week

Risk & Compliance

Stakk completes USD $63 million ParaScript acquisition

The enlarged group now serves more than 300 enterprise customers and processes over 110 billion digital interactions a year across four regions.

By Joseph Gabriel Lagonsin • 3 min read • Last week

Data Analytics

Sapiens names Maroun Mourad North America Chief Executive

The hire comes as North American insurers face pressure to speed up underwriting and claims while improving compliance and customer service.

By Sofiah Nichole Salivio • 3 min read • Last week

Digital Transformation

Insurers race towards autonomous AI, Sapiens survey finds

Two thirds of senior insurance professionals expect AI to become fully autonomous within three years, despite patchy adoption and governance gaps.

By Karen Joy Bacudo • 4 min read • Last week

Digital Transformation

Sapiens launches AI foundation for insurance platforms

It is designed to curb hallucinations and model drift by grounding insurer workflows in decades of sector-specific data, code and documentation.

By Karen Joy Bacudo • 5 min read • Last week

Private Cloud

OutSystems opens Agent Experience to third-party AI agents

Large firms in regulated sectors can now use third-party AI coding agents inside OutSystems while retaining governance, auditability and deployment control.

By Joseph Gabriel Lagonsin • 4 min read • Last week