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Lockton, the world’s largest independent insurance broker, has appointed Mark Jones as its new International Chief Financial Officer (CFO), effective immediately.  Lockton appoints Mark Jones as International Chief Financial Officer

Preparing for the New Aged Care Act: Key changes for registered providers

Explore the key changes introduced by the new Aged Care Act, effective 1 July 2025. This article summarises the significant updates and their impact on aged care service providers, including new regulatory models, strengthened quality standards, and enhanced worker screening. Stay informed about the latest developments in aged care governance and compliance.Explore the key changes introduced by the new Aged Care Act, effective 1 July 2025. This article summarises the significant updates and their impact on aged care service providers, including new regulatory models, strengthened quality standards, and enhanced worker screening. Stay informed about the latest developments in aged care governance and compliance.

AI Adoption for Professional Services: Rewards vs. Risks

•	Whilst artificial intelligence (AI) is undeniably a useful tool, the velocity in which AI has continued to develop and the varying platform options available, could leave firms exposed.
•	Misinformation and disinformation pose serious business and ethical risks to companies, especially those utilising AI technology for consulting and advisory services. 
•	The input of mass data, including confidential and sensitive personal information will need to be carefully considered as AI can be manipulated by threat actors. Firms can also be vulnerable to the security controls AI platforms have in place. Heavy fines and regulatory action are possible, and, in some scenarios, prosecution could occur. 
•	Following the Privacy Act reforms, firms will need to revisit their existing policies and procedures to ensure privacy data obligations are being considered and met when using AI.
•	Whilst artificial intelligence (AI) is undeniably a useful tool, the velocity in which AI has continued to develop and the varying platform options available, could leave firms exposed.
•	Misinformation and disinformation pose serious business and ethical risks to companies, especially those utilising AI technology for consulting and advisory services. 
•	The input of mass data, including confidential and sensitive personal information will need to be carefully considered as AI can be manipulated by threat actors. Firms can also be vulnerable to the security controls AI platforms have in place. Heavy fines and regulatory action are possible, and, in some scenarios, prosecution could occur. 
•	Following the Privacy Act reforms, firms will need to revisit their existing policies and procedures to ensure privacy data obligations are being considered and met when using AI.

Preparing for the New Aged Care Act: Risk and insurance implications for aged care service providers

The new Aged Care Act, effective July 1, 2025, introduces significant changes for aged care service providers. These changes bring new governance, risk, and insurance implications. This article explores key risk and insurance impacts for aged care providers and offers actionable strategies to mitigate these risks.The new Aged Care Act, effective July 1, 2025, introduces significant changes for aged care service providers. These changes bring new governance, risk, and insurance implications. This article explores key risk and insurance impacts for aged care providers and offers actionable strategies to mitigate these risks.
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