In this episode, Paige Estritori (Financial Services Online) discusses various financial developments. Major topics include the predicted disruption of the insurance industry due to autonomous vehicles, and the potential shift towards product liability instead of traditional motor insurance. The episode also highlights the increased threat of cybercrime, empowered by advanced AI, affecting even nations like Australia and resulting in a call for stringent regulations and risk assessments. The launch of Coalition Re, a new platform from cybersecurity firm ‘Coalition, aims to better understand cyber risks. Additionally, despite recent losses, AustralianSuper - a superannuation entity, persists in investing in private equity, promoting enhanced governance and diversified investment strategies to prevent future financial setbacks. Tune in for more insights on insurance, finance, superannuation and money management.
