Sun, 5th Apr 2026
from Insurance News Wrap Hosted by Paige Estritori
This Week in Insurance podcast discusses the significant changes unfolding in the Australian insurance sector, mainly driven by AI and automation. Many established insurers are facing difficulties due to these technological disruptions, while others, like Suncorp and AUB's BizCover, are making strategic use of digital advancements to improve operations and services. The episode also highlights the pressure of rising premiums and increased claims costs because of rising climate-related losses and inflation. The segment further discusses cybersecurity insurance issues and the recent collaborative effort by Zurich and US-based Cowbell to provide AI-driven cyber insurance products for local SMEs. Lastly, the show sheds light on a proposal to ban commissions for strata managers in New South Wales, aiming for transparent dealings and potentially resulting in significant savings for apartment owners.
Embed this episode
No transcript yet.