Fri, 16th Jan 2026

On this episode of the Daily Financial Services News Wrap, Paige Estritori discusses a range of topics including a PricewaterhouseCoopers study which reveals Australian insurers are lagging behind global peers in preparedness for emerging risks like cybersecurity and AI advancements. The increasing role of AI in the sector and the urgent need of readiness are emphasized. The upcoming Insurance News conference in Sydney is highlighted. Climate change-related increases in home insurance premiums due to severe weather events and the need for collaborative government and insurer response are examined. Finally, Estritori mentions Wisr's new product - secured loans for motorbike purchases, indicating potential lower interest rates for borrowers. Throughout, she advises small businesses to engage with prepared insurers and assess their policies amid these dynamic circumstances.