QBE is set to explore the use of virtual reality (VR) in helping create safer roads and faster disaster responses with the launch of a first-ever, immersive 360-degree VR AFL fan experience on April 1 at the Sydney Cricket Ground (SCG). The VR technology, called Swans360⁰, will provide football fans with the fully immersive experience […]
MANDATORY BREACH NOTIFICATION: ONE MONTH ON
In the short time since the late February rollout of Australia’s mandatory breach notification scheme, the privacy commissioner has already been notified of 31 breaches, an Aon expert has said. Fergus Brooks, cyber risk practice leader at Aon Australia, said that statistics released by the privacy commissioner last week highlight the impact mandatory breach notification […]
CYBERSECURITY ENTERS THE BOARD ROOM AS THREAT EVOLVES
The rise in cyber attacks is forcing companies to rethink their approach to risk management, according to a new report from Marsh & McLennan Companies’ Global Risk Centre and education and development organization WomenCorporateDirectors (WCD). “With increasing threats of attack on their data and systems, boards are demanding much more information about their organizations’ risks […]
CREATING ‘BIONIC BROKERS’ WITH THE HELP OF CHATBOTS
Would you buy brokered insurance from a chatbot? And would you trust its advice on commercial insurance needs? We’d be interested to hear your thoughts – contact us now! Half-human, half-computer, the bionic broker uses virtual assistants to be ‘open’ to potential customers at all times of the day and build the right quote […]
AUSTRALIA AMONG REGIONAL LEADERS FOR CYBER PENALTIES
Can your business afford to be without insurance for Breach Notification costs? Arranging cover is not as daunting, or as expensive as it may seem. Contact us to discuss. Australia is one of the strictest countries in the Asia-Pacific region when it comes to data breach penalties, a new report has found. The Data Risk […]
WILL WE HIT THE BRAKES ON AUTONOMOUS CARS AFTER FATAL UBER C...
Driverless cars may be the way of the future – but as with anything involving cars, they are fraught with danger… Uber Technologies’ autonomous vehicle testing was brought to a halt this week after a crash involving one of its vehicles killed a woman in Arizona – thought to be the first pedestrian fatality involving […]
ARE PAYPAL CLAIM PAYMENTS THE WAY OF THE FUTURE?
Relying on old-fashioned payment methods, including cheques, is hindering the insurance industry when it comes to offering up-to-date customer service, and modernising the process could help them gain a competitive edge, according to one firm. “A lot of the problems that we see in the insurance industry are around inefficiencies in claims payouts, mainly around […]
RECALL ON TAKATA AIRBAGS
If you are concerned that this recall may effect you, please check here for additional information. The Australian Competition and Consumer Commission is urgently seeking information from the Department of Infrastructure and Regional Development (DIRD) and car manufacturers regarding Takata airbags at the centre of the largest vehicle recall in history. Since 2009, more than […]
‘ADD ON’ INSURANCE DOMINATES CONSUMER COMPLAINTS
… and it’s no surprise. Transparency in insurance add-ons is often difficult to find. What are you paying for, does it actually add any benefit to your policy, and are you covered for what you need to be covered for? Using a broker circumvents these issues – we can discuss your needs with you and […]
PERTH MAN ALLEGEDLY FAKES CAR-JACKING ORDEAL FOR INSURANCE P...
A Perth man has been charged with creating false belief and attempt to gain benefit by fraud, for allegedly fabricating a two-hour car-jacking incident for insurance payout. The 28-year-old told detectives that two men got in on his Ford Falcon on Howe Street in Osborne Park on Feb. 7, forced him to drive for roughly […]
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