Fidelity Life
Westpac sells NZ life insurance unit to Fidelity Life
Westpac Life NZ and Fidelity Life will also enter into a 15-year distribution agreement.
Westpac sells NZ life insurance unit to Fidelity Life
Westpac Life NZ and Fidelity Life will also enter into a 15-year distribution agreement.
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1. bolttech secures $50m venture debt from HSBC, expands market 2. Life insurance premiums forecast to grow by 3% yearly until 2026 3. Prudential launches AI lab in Singapore 4. Asia leads in embedded insurance, set to reach $170b by 2030 5. Manulife enters into $5.4b reinsurance agreement with Reinsurance Group of AmericaResource Center
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Humans need to be in insurance’s genAI loop
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Insurance
Employees still need to interpret AI-generated data and make decisions to minimise risks.
Employees still need to interpret AI-generated data and make decisions to minimise risks.
