Hiscox enhances underwriting with AI
18 December 2023
Hiscox has collaborated with Google Cloud to create what it describes as the first AI-enhanced lead underwriting model in the London Market insurance industry...
Insurtech
IA adds four partners, new member
11 December 2023
Insurtech Australia has added new gold partners Cover-More and ClearView, and ecosystem partners Howden Tiger and Austbrokers Countrywide, while Recipero has signed up as a member...
Cloud technologies and AI to ‘redefine’ insurer operations
11 December 2023
Consultancy firm Sollers says the impacts of high reinsurance costs and claims inflation will see many insurers “redefine” their business models with the adoption of new technologies...
Lloyd’s Lab hosts cohort 11 Demo Day
11 December 2023
Over 500 insurtechs and key industry figures came together on Wednesday to hear teams from the 11th Lloyd’s Lab cohort talk about their innovative insurance solutions...
Nearmap buys US firm Betterview
11 December 2023
ASX-listed aerial survey firm Nearmap has bought San Francisco-based Betterview in a deal aimed at boosting insurer access to premium imagery and tech-driven property intelligence solutions...
Floodbase, Oneglobal to deploy parametric cover across Asia
11 December 2023
Floodbase and London-based commercial insurance and reinsurance broker Oneglobal plan to develop and distribute parametric flood insurance solutions across Asia...
Axa XL offers insurtech ‘ecosystem’ deals to more clients
11 December 2023
Axa XL is offering its Axa Ecosystem suite of new technology solutions to clients across its Property & Casualty and Specialty insurance lines...
Insurtech Australia enters UK partnership
04 December 2023
Insurtech Australia and Insurtech UK have signed a Memorandum of Understanding to jointly advocate for startups and technology to transform the insurance industry...
Xceedance seeks Generative AI insurtech collaborators
04 December 2023
Consulting and technology firm Xceedance is canvassing ideas from insurance industry participants to find use cases to explore in a new Generative AI Centre of Excellence...
Financial services startups look beyond Australia
04 December 2023
Limited local capital and complex regulatory hurdles are increasingly tempting local financial services startups to focus their efforts offshore...
Moodflx, Airdocs win DXC Invitational
04 December 2023
This year’s DXC Invitational insurtech competition has been won by Moodflx and Airdocs...
Amelio Health selected for Global Insurance Accelerator program
04 December 2023
Sydney-based Amelio Health says it is the only Australian company selected for the 2024 Global Insurance Accelerator program, which provides seed funding, mentoring and office services in Des Moines Iowa, with 100-days of on-site support...
ZestyAI, Cytora partner on property risk assessment
04 December 2023
Insurtech ZestyAI has agreed a new partnership with digital risk processing platform Cytora to support commercial property underwriting with its severe weather event data...
Tech-shunning insurers ‘face extinction’
27 November 2023
An ability to adopt a coming wave of insurtech will be key to survival for insurance industry firms, Frazer Walker Partners Ian Chisholm and Nick Careless say, while insurers that don’t embrace technology “face extinction”...
Insurtech Australia welcomes new board members
27 November 2023
The board of Insurtech Australia has elected three new members...
DXC Invitational pitch night to be held tomorrow
27 November 2023
A pitch night for finalists in DXC Technology’s 2023 DXC Invitational will be held in Sydney tomorrow evening, and live streamed...
Marsh staff save eight hours a week with new LenAI tool
27 November 2023
Marsh McLennan has launched a new Generative AI tool called LenAI for its 85,000 global workforce, and says staff are reporting savings of eight work hours a week on average, and 20% less time spent on simple and repetitive tasks...
Cover Genius partners with Scandinavian airline SAS
27 November 2023
Cover Genius has added airline SAS to the growing list of firms deploying its XCover embedded insurance platform...
InsurtechLIVE24 early bird registration opens
20 November 2023
Insurtech Australia is offering early bird discounts to its annual InsurtechLIVE event, to be held in Sydney on February 13...
Cara Morton appointed Zurich Global Ventures CEO
20 November 2023
Cover-More Group is to recruit a new Group CEO after the appointment of Cara Morton as Zurich Global Ventures Chief, effective February...