Insurance stories - Page 9

Research suggests nearly half of Asia Pacific firms plan to boost AI investments by over 20% in the next year, despite a skills gap hindering progress.

Newgen Software has announced robust Q2 results for fiscal 2025, with revenues up 23% to INR 361 crore and profits surging 47% to INR 70 crore.

Nearmap has launched Generation 6 of its AI model, featuring over 130 location-based detections to enhance decision-making across various sectors.

Customer experience drives sustainable financial growth, risking AUD $87 billion if ignored. Digital banks leverage automation for seamless service.

Cloudera launches new Private Link Network to enhance secure cloud connectivity, addressing data security and privacy for highly regulated industries like finance and healthcare.

Salesforce and IBM expand their AI collaboration, aiming to empower regulated industries with advanced AI agents while ensuring data security and compliance.

Kore.ai unveils GALE, a groundbreaking Generative AI and LLM platform designed to revolutionise enterprise productivity and innovation through rapid AI application development.

A survey by OutSystems and KPMG reveals that AI adoption has cut development time by up to 50% for 75% of software executives, reshaping their roles.

AI is reshaping software development, with 75% of firms reporting up to 50% faster project completion. OutSystems and KPMG reveal ongoing challenges but foresee a bright future.

Precisely's innovative solutions in data integrity have driven substantial growth, transforming customer experiences for 12,000 enterprises worldwide.

GoCardless has acquired Nuapay from EML Payments, aiming to enhance its payment capabilities and expand its services in new sectors and markets.

Hyperview partners with Novem Digital to enhance risk management for property owners and insurers, integrating cloud-based DCIM with digital expertise for better outcomes.

Australian companies are being urged to grasp the difference between private and public AI to leverage AI benefits while safeguarding sensitive data.

Australia's Senate has passed the Action Initiation Bill, empowering consumers to share data and initiate service actions through accredited providers, boosting competition.

Verint leverages its open AI platform to revolutionise customer experience, integrating real-time data and ensuring security while leading market innovation.

Fabric Cryptography raises USD $33 million in Series A funding co-led by Blockchain Capital and 1kx to develop Verifiable Processing Unit chips for cryptography.

Adatree launches 'Insights' product suite to boost fraud prevention and operational efficiency, leveraging Open Banking.

Malwarebytes launches a new cyber protection platform, featuring an all-in-one dashboard with real-time guidance, as consumer threats hit unprecedented highs.

Palo Alto Networks' '2024 Unit 42 Report' reveals rising cybersecurity threats driven by AI, with sectors like insurance and pharmaceuticals facing heightened vulnerabilities.

Arctic Wolf's Cyber JumpStart Portal is now available to businesses of all sizes. It offers free tools to manage cyber risk and enhance insurability.