By @iTnews_au
Publication Date: 2026-02-18 08:02:00
Suncorp hopes its investment in AI and a new insurance platform will help it develop more affordable products, including some that appeal to consumers who find buying insurance too expensive.
CEO and managing director Steve Johnston said at the company’s half-year results press conference that around two to four percent of the population in Australia and New Zealand “cannot obtain affordable insurance.”
He said the broader insurance industry is working with the federal government on “how we might find an industry-wide solution to this problem.”
Johnston noticed that…
