QBE Ventures chief relocates to UK
17 April 2023
QBE Ventures CEO James Orchard has announced he is relocating from Sydney to the UK...
Insurtech
IAG’s CGU, NRMA Insurance brands may embed Planck technology
17 April 2023
IAG says there is potential the cutting-edge technology of US insurtech Planck will be embedded in its CGU and NRMA Insurance brands...
Insurtech Qikio to distribute Chubb contents insurance
17 April 2023
Chubb has entered its first insurtech collaboration in Australia under an agreement with Qikio...
11eight partners with expert to help insurers manage CDR
17 April 2023
Advisory firm 11eight has partnered with Quill Peak Consulting to help insurers prepare for the upcoming Customer Data Right...
Climate change pushes parametric policies to the fore
17 April 2023
More Australian insureds are considering parametric insurance options to help address the increasing cost of traditional policies and hazards brought about by climate change, industry consulting firm Xceedance says...
Kanopi wins Zurich Innovation Champion award
03 April 2023
Hollard-backed Kanopi has won the Australian round of Zurich’s global Innovation Championship...
QBE invites nominations for city-based innovations challenge
03 April 2023
QBE has opened submissions for this year’s AcceliCITY Resilience Challenge, which rewards start-up and entrepreneurial ventures that address risk, equity and sustainability in urban environments...
Zurich eyes GPT 'co-pilot' opportunity
03 April 2023
The release by OpenAI of its Generative Pre-trained Transformer creates new opportunities for insurers to boost efficiency and enhance the customer experience, Zurich’s Chief Information and Digital Officer Ericson Chan says...
Insurtechs selected for latest Lloyd's Lab
03 April 2023
Lloyd’s has revealed 13 insurtechs selected to join the 10th Lloyd’s Lab, which gets underway on April 24...
Local carrier adopts FreightInsure offer
03 April 2023
Award-winning Pickering Transport Group has partnered with Sydney-based FreightInsure, which offers goods-in-transit insurance that is integrated into the freight booking process of Australia’s carriers..
Ensurance invests in Koba, CEO joins the board
27 March 2023
ASX-listed underwriting agency Ensurance is investing up to $1.5 million in local telematics insurtech Koba, and its CEO Tom Kent has joined the Koba board as non-executive Director...
Digital brokerage Koverd kicks off capital raise
27 March 2023
Koverd is undertaking a $750,000 funding round after launching its digital brokerage service in October...
Grant awarded to ProofTec
27 March 2023
Insurtech ProofTec has been awarded a Federal Government Accelerating Commercialisation grant under a program aimed at helping novel products, services and processes get to market...
Brian Duperreault joins board at US insurtech Joyn
27 March 2023
Brian Duperreault, formerly AIG CEO and Executive Chairman, has joined the board of Delaware-based insurtech Joyn Insurance as an independent director...
Cover Genius acquires warranty provider
20 March 2023
Cover Genius has announced the purchase of US-based warranty provider Clyde Technologies in a move it says will provide consumers with “end-to-end” protection on their purchases...
Downsizer receives further seed capital
20 March 2023
Sydney-based startup venture Downsizer says it has secured $3.75 million in investment from venture capital firm Correlation, and surety bond specialist, Lombard Australia...
VR project aims to boost knowledge of water damage risks
20 March 2023
The Victorian Building Authority has supported an investment into the development of a Virtual Reality app for practitioners to use to identify potential water damage risks...
Fintech inks two-year contract with IAG
20 March 2023
Technology solutions provider Credit Clear says its revenue from the insurance sector is set to increase sharply this financial year after signing a two-year contract with IAG...
BizCover using intelligent automation to put repetitive tasks on cruise control
13 March 2023
Business insurance service BizCover says it has harnessed intelligent automation to better support customers while putting repetitive tasks on “cruise control”...
US emergency management to use FloodMapp nationwide
13 March 2023
Local insurtech FloodMapp says US emergency management is to make use of its dynamic flood inundation analytics to create a common operational picture for its National Flood Insurance Program...