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Envest moves into drone orbit

11 November 2019

Insurtech investor Envest has taken a strategic 20% stake in Precision Autonomy, a Texas-based specialist in building real-time pricing platforms that set the premiums for underwriting drones and autonomous vehicles...

QBE teams with Red Cross, Save the Children

11 November 2019

QBE has entered into three-year partnerships with humanitarian agencies Red Cross and Save the Children to more efficiently provide disaster relief funds after catastrophes...

360Globalnet secures TIO digital project

11 November 2019

Allianz-owned Territory Insurance Office has launched a digital claims facility with the support of UK-based online platform developer 360Globalnet..

Cover Genius attracts UK, US investors

11 November 2019

Insurtech Cover Genius has successfully attracted support from US, UK and local investors, raising $US10 million in a Series B funding round as it expands to new countries...

Suncorp NZ increases social investments

11 November 2019

Suncorp New Zealand has upped its investment in “wellbeing bonds” by $NZ6 million, boosting its wellbeing investments to $NZ20 million...

Qantas eyes home cover after car insurance

04 November 2019

Qantas plans to expand into home and contents insurance next year in partnership with Auto & General after last week entering the motor market with policies underwritten by the insurer...

RACQ Insurance profit hit by Townsville floods

04 November 2019

RACQ Insurance reported earnings of $33.5 million in the year to June 30, down sharply from $64.3 million in the previous year as weather-related expenses more than doubled...

Genworth looks West as CEO search goes on

04 November 2019

Genworth Mortgage Insurance Australia has named non-executive director Duncan West as acting CEO when Georgette Nicholas vacates the role at the end of the year...

Rothbury buys Northland broker

04 November 2019

New Zealand broker Rothbury has acquired Ascot Insurance Brokers to become the third largest broking company in the country...

Tower on track to meet earnings target

28 October 2019

New Zealand general insurer Tower expects to achieve a full-year underlying net profit of about $NZ28 million as announced last month in an investor update...