Out-of-season bushfires tearing through NSW and Queensland reveal the “inescapable truth” of the impact of climate change, IAG says. Hundreds of fires have been reported and the Insurance Council of Australia (ICA) declared a catastrophe with losses already at $13.5 million. Conditions eased today, however dozens of fires are still burning across the two states. […]
Quite Interesting!
Lakes of methane on Saturn’s moon Titan may be the craters of giant explosions, a new study shows A new study suggests that the liquid methane lakes that dot Titan’s surface may have formed when pockets of warming nitrogen exploded below the moon’s surface. This idea would solve a mystery that emerged when NASA’s Cassini […]
Insurance council recommends travellers check insurance for ...
The Insurance Council of New Zealand (ICNZ) has advised travellers to check with their insurers in order to find out what they’re actually covered for so they would better understand their options. The NZ Herald brought the topic to light after a Jetstar passenger was surprised to learn that their travel insurance covers hijack and […]
Your future customers: How to crack the gen Z code
For too long, marketers have centred their practices around appealing to a millennial market. Unfortunately, this has left the advertising community deeply unprepared for the rise of the generation Z customer base. While some marketing principles may apply to both groups, what entices a 35-year-old to purchase a product or service will be quite different […]
Experts concerned about increasing frequency of deepfake att...
Fraudsters are increasingly using technology to doctor their voices and faces in a con technique called “deepfake” – and cyber security experts and insurers are warning companies to make sure that they have the necessary safeguards in place. Deepfake attacks involve criminals using artificial intelligence (AI), machine learning, and other technologies to impersonate a company’s […]
6 carmakers that are betting electric scooters and bikes — n
Carmakers are increasingly looking towards new ways to move people around, including tapping into the rising trends of e-bikes and e-scooters. Audi announced on Monday the development of its e-tron Scooters, almost a year after announcing its fully electric e-tron SUV. Other carmakers, like BMW and Ford, have already been exploring the electric personal micro-mobility […]
Water damage claims topping fire, burglary
The size of household internal water damage claims has risen 72% in the last five years and the issue is now a more common and costly risk for properties than burglary or fire, Chubb says. The average claim size received by Chubb Australia jumped to $30,361 last year from $17,627 in 2014 as changing home […]
A Driverless world
A new set of wheels hit the streets of Armidale, New South Wales, in February this year, marking a huge leap forward for Australian vehicle technology and a valuable test case for the insurance industry. Developed through the New South Wales Government’s Smart Innovation Centre, the Armidale Regional Driverless Initiative (ARDi) travels a 5 km […]
How digital transformation saw the Melbourne Cricket Ground ...
Based on a study of 230 customer projects over the past five years, digital transformation and automation specialist Schneider Electric has found digital transformation can be instrumental in cutting energy costs for businesses. The company has released its inaugural Global Digitalisation Report 2019, investigating how buildings, data centres, industries and infrastructure can be impacted by […]
Is that actually your boss? Vigilance urged as ‘deep fake’ u
Aussie businesses are being warned to treat audio messages with caution after a series of ‘deep fake’ recordings were used to scam senior financial managers overseas earlier this month. First reported by the BBC, cyber security firm Symantec has tracked at least three successful attacks on private companies where chief executives were impersonated to convince […]
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