Compliance platform Curium has been crowned the winner of the Insurance News insurtech seminar pitch competition, held in Sydney last week.

CEO and founder Tetiana George told almost 150 seminar attendees Curium has “reimagined” insurance compliance.

She founded the business four years ago after 17 years working in the insurance industry.

“It helps to have been in your shoes,” Ms George told attendees. 

“Our goal is to give you insurance professional superpowers ... give you time, knowledge and the confidence to do what you do best. We are insurance practitioners – we understand insurance really well, we understand compliance really well. If you don’t, we talk to the regulators on your behalf.”

Ms George says regulation is constantly and rapidly changing, giving as examples industry codes of conduct, information security Prudential Standard CPS 234 and new regulatory guide RG271.

“We know how to deal with it. We make it simple and we automate major time-wasters. 

“Our unique selling proposition is we really understand the client. When we schedule a webinar, we have at least 420 people attending for hardcore compliance issues. We provide a whole range of know-how. So we use technology more as a channel and our know-how more as a product.”

The conference, Insurtech – Moving Forward Faster, was made possible by Insurtech Australia and sponsors AAMC, SSP and JAVLN, and supporting sponsor HDI.

In the pitch contest, votes from the audience and judges were tallied. Curium’s prize package includes a feature by insuranceNEWS.com.au.

Below are the other five insurtechs that pitched: 

• Kanopi, which last year won the Australian round of Zurich’s Innovation Championship, is based in Melbourne. Its data-driven platform uses modular, low-code software to help insurers create, manage, distribute, embed and scale new products to customers.  
• Regtech Haast, which won the Australian round of this year’s Zurich Innovation Championship, uses artificial intelligence to automate marketing compliance processes.  
• HumanableCX, based in Sydney, says its product leads customers through onerous online tasks with an interactive video experience that offers "the care of a real human concierge”.  
• Sydney-based Airdocs automates welcome packs, statements, schedules, renewals, claims updates, servicing letters, call centre inquiries, notifications and reminders. It won the DXC Invitational insurtech competition in December.  
• Coverfreight, part of Steadfast’s Coverforce, offers innovative delivery of all types of cargo insurance.

See Analysis.