Sat, 21st Mar 2026 episode artwork

EPISODE · Mar 20, 2026

Sat, 21st Mar 2026

from Insurance News Wrap · host Paige Estritori

In this week's episode of the Financial Services Online podcast, Paige Estritori discusses the challenges and developments in Australia's insurance industry in 2026. Rising premiums, intensified cybersecurity risks, inflation, climate-related claims and new regulations have significantly influenced the industry. However, AI and machine learning are enhancing underwriting and claims management, while insurers, regulators and consumers are jointly ensuring market transparency, affordability, and security. News includes TALs Backd, a digital-only solution by Cover Genius aimed at casual and contract workers and Zurichs Home Loan Protection plan for mortgage holders. Finally, with GlobalData projecting general insurance industry growth, direct written premiums are expected to surpass $144 billion by 2029 due to natural disasters and growing climate change awareness, notably in personal accident and health insurance sectors.

In this week's episode of the Financial Services Online podcast, Paige Estritori discusses the challenges and developments in Australia's insurance industry in 2026. Rising premiums, intensified cybersecurity risks, inflation, climate-related claims and new regulations have significantly influenced the industry. However, AI and machine learning are enhancing underwriting and claims management, while insurers, regulators and consumers are jointly ensuring market transparency, affordability, and security. News includes TALs Backd, a digital-only solution by Cover Genius aimed at casual and contract workers and Zurichs Home Loan Protection plan for mortgage holders. Finally, with GlobalData projecting general insurance industry growth, direct written premiums are expected to surpass $144 billion by 2029 due to natural disasters and growing climate change awareness, notably in personal accident and health insurance sectors.

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Sat, 21st Mar 2026

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This episode was published on March 20, 2026.

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In this week's episode of the Financial Services Online podcast, Paige Estritori discusses the challenges and developments in Australia's insurance industry in 2026. Rising premiums, intensified cybersecurity risks, inflation, climate-related claims...

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