Insurtech
Company denied cyber payout for future data recovery
23 June 2025
A business that sought an additional payout on a cyberattack claim has lost its bid before the complaints authority and been told it must show it has incurred further losses...
Australian businesses among ‘least prepared’ for AI
23 June 2025
Only 24% of surveyed Australian businesses feel “very prepared” to implement AI into an array of functions – a lack of confidence topped only by Hong Kong in the Asia-Pacific region...
AI assistant ‘tailor-made for brokers’
23 June 2025
Hobart broker Dylan Rodricks has launched a tool called InsurAI and is seeking to partner with insurers and intermediary networks...
Tego offers first product via BPA platform
23 June 2025
Sydney underwriter Tego Insurance has launched healthcare entity malpractice cover via ChainThat’s Beyond Policy Administration platform...
DAS climate data ‘bridges gap’ in farm risk
16 June 2025
Digital Agricultural Services has launched a climate data set to help insurers evaluate rural property risk from rainfall variability, temperature and drought...
Markel launches one-stop insurtech protection
16 June 2025
Markel Insurance has launched cover for insurtechs to manage cyber threats, crime and financial liability...
Upcover combines insurance, legal access
16 June 2025
Insurtech Upcover has partnered with legal platform Lawpath to offer bundled insurance and legal services for small businesses and start-ups...
Growing Alpha steps onto SSP platform
16 June 2025
Alpha Insurance has joined SSP’s Pure administration platform after acquiring QBE’s insurance businesses in Papua New Guinea and Vanuatu...
Raindrop tool rolls out in bid to be ‘indispensable worldwide’
02 June 2025
Darwin insurtech Raindrop has officially launched its AI-powered platform that translates complex insurance policies into simple language...
Instanda’s agility ‘a clear differentiator’
02 June 2025
Policy administration and distribution platform Instanda has been praised for its architecture and ability to help insurers launch quickly without overhauling core systems...
Qikio partners with comparison site on car cover
02 June 2025
Qikio car insurance will be available on the Compare Club platform under a new partnership...
Crypto expert Qubit teams with Canopius
02 June 2025
Qubit Underwriting has been approved as a Lloyd’s coverholder by Canopius to offer digital asset insurance in the Asia-Pacific region...
Regulatory ‘blame culture’ damages innovation: IA
26 May 2025
Insurtech Australia warns the corporate regulator’s plan to publish dashboards containing company-level breach and complaints data could discourage start-ups from seeking to innovate with products, technologies and business models...
Machine analysis ‘speeds up fraud detection’
26 May 2025
Advanced machine analysis accurately identifies fraud indicators just two weeks after a claim is filed, much earlier than traditional approaches, insurtech Clara Analytics says...
Nearmap buys US claims data group
26 May 2025
Aerial survey insurtech Nearmap will acquire Florida’s Itel, which provides data and analysis during claims, including building material pricing and repair-or-replace advice...
Lloyd’s Lab seeks next batch of innovators
26 May 2025
Lloyd’s Lab is accepting applications to join its 15th cohort, which will focus on three themes: adapting to a changing world, traditional lines for today, and data intelligence and process transformation...
WTW names new Pacific tech risk leader
19 May 2025
WTW has appointed Leah Mooney as Willis technology, cyber and privacy risk Pacific consulting leader...
Simfuni appoints product chief
19 May 2025
New Zealand insurtech Simfuni has appointed Tim von Dadelszen as chief product officer to lead innovation...
SSP fills ‘critical management role’
19 May 2025
Lisa Cameron has been promoted to head of pure product for Asia-Pacific at insurance software group SSP...
Bolttech, Sumitomo partner on smartphone cover
19 May 2025
Sumitomo Corporation has taken a stake in Singapore insurtech Bolttech and will help launch a new service in Asia to meet growing smartphone insurance and subscription demand...