Fri, 14th Mar 2025

This week's Financial Services Online's podcast, hosted by Paige Estritori, discusses Australia's surging insurtech sector, backed by strategic investments and leading-edge tech, which has drawn $1.6 billion over the past 12 years. The episode also touches on a cautionary case about a firm falling victim to a $66,000 cybercrime, emphasizing the need for companies to comprehend insurance policy terms around digital threats, and insurers to adapt policies to protect against such risks. Australia Underwriting's successes in managing high-risk insurance needs are highlighted, demonstrating its standing as a trusted sector partner. Finally, a case from the Australian Financial Complaints Authority ordering higher settlements over a persistent mould issue underlines the vital role insurers have in achieving client satisfaction and complying with resolutions.n