In this episode, Paige Estritori discusses the future of autonomous vehicles and their influence on the insurance industry, according to a recent report by Howden Re. This shift to technological liability could reshape legal landscapes and increase claim costs. The next topic explores the rise in AI-driven cybercrime and Australia's targeted development as a leader in cybersecurity by 2030. State-backed cyberattacks on critical infrastructure have significantly impacted Australians, and a cybersecurity firm is pioneering methods to manage this risk. Lastly, AustralianSuper's $1.1 billion loss in its Pluralsight investment prompts renewed concerns about superannuation funds, governance, and valuation errors. Though impactful, AustralianSuper remains committed to private equity due to past successes. The episode elaborates on the complexities and intriguing overlaps of technology, finance, and regulation shaping Australia's local industry.
