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Category: Insurance

RACV ADVISES TRAVELLERS TO UNDERSTAND THEIR INSURANCE COVER AS FLIGHT CANCELLATION RATES CLIMB ABOVE AVERAGE

By API User

Australian travellers face ongoing flight disruptions with cancellation rates climbing above long-term averages, according to the latest Bureau of Infrastructure, Transport and Regional Economics (BITRE) data. RACV is advising passengers to understand their rights and prepare contingency plans when travelling. February 2025 data reveals the national flight cancellation rate reached 2.6 per cent (or over … Continued

Vencora Expands Presence in Australia with Acquisition of Data Action

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TORONTO, May 05, 2025 (GLOBE NEWSWIRE) — Vencora, a long-term acquirer of financial services technology companies, today announced that it has acquired Data Action (“DA”), a leading Australian provider of core and digital banking solutions and technology services. Today’s announcement marks Vencora’s first acquisition of an Australian-based banking technology company, and together with Vencora’s insurance … Continued

Entrepreneur and Renowned Poet Sekou Andrews to be the Keynote Speaker at Duck Creek Formation ’25

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Sekou, Creator of “Poetic Voice” will highlight the power of innovating, adapting and leading to tackle industry challenges BOSTON, April 24, 2025 (GLOBE NEWSWIRE) — Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, welcomes Sekou Andrews as its Formation ’25 keynote speaker. Andrews is a thought … Continued

Duck Creek Technologies Appoints General Daniel Hokanson, USA, Ret. to Board of Directors

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Decorated general brings extensive leadership and policy development expertise to board role BOSTON, April 15, 2025 (GLOBE NEWSWIRE) — Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, has announced the appointment of General Daniel Hokanson, USA, Ret. to the company’s board of directors. He … Continued

How AI and Data Are Revolutionising Natural Catastrophe Risk Assessment

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INSIGHTS AND INNOVATIONS IN NATURAL CATASTROPHE RISK ASSESSMENT  Natural catastrophe (Nat Cat) events pose significant risks to lives, property, and economies. With climate change accelerating the frequency and intensity of these events, effective risk assessment is more crucial than ever. Historically, catastrophe modelling relied on statistical analysis, but technological advancements have revolutionised the field.   Xceedance … Continued

Cyber specialist Emergence launches Tech Event Protection

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AUSTRALIA – Emergence Insurance, a dedicated cyber specialist, is proud to announce the launch of Tech Event Protection, a tailored insurance solution designed exclusively for IT service providers. This comprehensive IT liability policy addresses the unique risks faced by technology businesses, providing financial protection and peace of mind against a range of potential events and … Continued

Flu shot concerns ahead of worrying flu season

By API User

Doctors are voicing concerns about the declining flu vaccination rate and say Australia faces the perfect storm this winter with an early start to what is expected to be a bad flu season.   Flu vaccinations among high-risk groups have been declining in recent years. Last year, only 61% of adults aged more than 65 … Continued