News
You can't govern data you don't know you have, Navacord's Bourk warns
15+ hour, 22+ min ago (545+ words) Governance has become the defining buzzword of corporate AI strategy, but Patrick Bourk (pictured) says the conversation is skipping the most basic step. The vice president of cyber and professional lines at Navacord argues that companies cannot govern data they…...
Earnix launches AIOS " insurance-native AI for high-stakes business decisions
1+ day, 15+ hour ago (508+ words) New vertical AI orchestration system brings intelligence, agents, models, workflows, governance, and human oversight into a single decisioning engine to improve insurer profitability, efficiency, and growth Earnix launches AIOS " insurance-native AI for high-stakes business decisions New vertical AI orchestration system…...
The espionage threat just got faster, cheaper, and harder to stop
1+ day, 19+ hour ago (507+ words) Agentic artificial intelligence is compressing the time it takes to carry out commercial espionage and fraud. A new report by QBE North America and risk consultancy Control Risks examines how agentic AI is reshaping the threat environment for businesses. Earlier…...
Cyber insurance gets cheaper as attacks on family offices grow more sophisticated " report
3+ day, 5+ hour ago (481+ words) The cyber insurance market is softening at precisely the moment the threats driving demand for it are becoming more dangerous. That contradiction sat at the center of last week's Family Office Cybersecurity Forum in New York, where insurers, brokers and…...
Hacker drops Needlework Tours customer data on underground forum
3+ day, 15+ hour ago (809+ words) Insurance Business Hacker drops Needlework Tours customer data on underground forum The dataset went further than names and emails " and was free for the taking A threat actor handed over the personal records of more than 16, 000 customers of an Australian…...
The fragmentation tax: why insurance's AI revolution is stumbling on the human problem
2+ week, 2+ day ago (940+ words) The promises arrived first. Underwriting decisions in seconds. Claims settled without human touch. Fraud detected before it happened. For insurance executives who spent the better part of the last three years approving nine-figure technology budgets, the return on those promises…...
Warnings hold as heavy rain and wind sweep New Zealand
2+ week, 3+ day ago (680+ words) Insurance Business Warnings hold as heavy rain and wind sweep New Zealand One weather system, two extremes " and insurers are watching both The opening day of meteorological winter delivered widespread disruption across New Zealand on Monday, as a slow-moving weather…...
Catch-up or pay up: New Zealand's cyber resilience gap falls to brokers
4+ week, 1+ day ago (523+ words) "Our regulators are nowhere near as punitive as the likes of Australia," said Duncan Morrison (pictured), cyber practice leader at Aon New Zealand. The numbers are hard to argue with. The critical infrastructure paper reveals New Zealand ranks 49th on the…...
What happens when submission volume breaks your workflow? Feathery has an answer
4+ week, 1+ day ago (285+ words) Something is cracking inside commercial insurance right now, and most teams can feel it even if they haven't named it yet. Submission volume is climbing fast - faster than the workflows built to handle it - and the gap between the two…...
UC geotechnical researcher wins NHC's 20th earthquake engineering award
1+ mon, 3+ day ago (749+ words) Insurance Business UC geotechnical researcher wins NHC's 20th earthquake engineering award Two key building standards carry the imprint of his seismic research A University of Canterbury researcher who studies why earthquake shaking varies by location has received the Natural Hazards Commission…...