This week's financial services podcast, hosted by Paige Estritori, highlights significant developments in the insurance sector. A new business interruption insurance offered by Marsh and Tokio Marine Kiln addresses global shipping challenges, providing a financial safety net against trade disruptions. The emergence of AI in the marine insurance landscape was a key topic at the IUMI conference, with potential benefits including improved risk management and operational efficiency. The Australian insurance market reacts to a proposed takeover of AUB Group by Swedish firm EQT, indicating potential shifts in market dynamics and premium rates. Finally, the podcast discusses the burden of rising insurance costs for Australian small businesses due to state and territory taxes, urging businesses to advocate for reforms and explore cost-effective insurance strategies.

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