PNG and Fiji workshops follow MOU signed in Sep 2023 and will help support local development of parametric insurance for regional insurers, reinsurers, and central banks.
Sean Carmody acknowledged that reducing Australia's protection gap is a 'wicked problem', but he encouraged insurers to take ownership and find opportunities to make a difference.
Insurtech and telco partner to offer embedded device protection, while exploring opportunities to collaborate on home appliances, health electronics, and cyber asset protection.