Blockchain technololgy could turn the insurance industry on its head and, due to its auditability and reliability, is making it easier for insurers to offer higher quality, more efficient services with lower overheads and greater accuracy, according to a new report.
Global adoption of blockchain technology is continuing slowly but chief information officers say the technology requires the most new skills of any technology area, with skills difficult to find to meet growth demands.
Online discount retailer Kogan is going into the pet insurance business in a partnership with PetSure in a move which follows its announcement just one week ago it is branching out into the health insurance market in a new partnership with Medibank.
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