Insurtech Australia adds five members and partners, three directors
05 December 2022
Expande and FRISS have become members of Insurtech Australia, while SureInsure, Silver Wolf Projects, and Geoscape have signed up as IA partners...
Insurtech
'Rigorous protections essential': AI bias threatens human rights
05 December 2022
Without adequate safeguards, algorithmic bias in use of artificial intelligence might cause discrimination due to age, race, disability, gender and other characteristics, the Actuaries Institute and the Australian Human Rights Commission say...
Open IT overhauled to manage demand peaks
05 December 2022
Information technology at Open Insurance has been redesigned by CMD Solutions in a detailed network overhaul...
Delivery rider insurer Igloo raises $68 million
05 December 2022
Singapore-based Igloo, which insures delivery riders in Thailand, Singapore the Philippines and Vietnam, has raised $US46 million and plans to hire more experts as it "addresses the traditional insurance gaps”...
'We want to find those niches': Hutch says strata just the start
28 November 2022
Sydney-based Hutch Underwriting plans to build a suite of products on Sunrise Exchange, with construction to be added after its residential strata offer was launched last week...
Tower trials parametric cyclone cover in two Fiji villages
28 November 2022
New Zealand’s Tower Insurance is piloting a cyclone parametric insurance product in Fiji, with a plan to expand the offer to Tonga, Vanuatu and other pacific countries...
Insurtech Australia to host webinar on India opportunity
28 November 2022
A webinar “The Changing Face of Insurance in India” will be held on Tuesday detailing the “immense opportunity” for Australia’s insurtechs in the Indian insurance market...
Javln makes Deloitte Fast 50 list
28 November 2022
New Zealand insurtech Javln was named in the latest Deloitte Fast 50, which recognises and celebrates the country’s fastest growing businesses...
'Simply takes too long': insurer operations don’t match tech aspirations
21 November 2022
A survey of almost 300 insurance executives in Australia, the US and Europe has found nearly 90% of insurers don’t have full operation modernisation strategies and many depend too heavily on legacy and multiple third-party systems, creating significant bottlenecks, errors, inefficiencies and cumbersome workarounds...
EY sponsors InsurtechLIVE 23
21 November 2022
Early bird tickets are now on sale for InsurtechLIVE 23, to be hosted by Insurtech Australia (IA) early next year, as principal sponsor EY says insurance startups will increasingly add value to the industry...
Data governance key to cyber security: PBT Group
21 November 2022
As the spotlight focuses on cyber security in light of recent high-profile data breaches of Optus and Medibank, industry specialists say it’s essential to also shift data protection “beyond the wild west”...
Unicorn Cover Genius credits 25-year-old disruption theory
21 November 2022
One of the founders of Australian insurtech leader Cover Genius has credited a renowned disruption theory from a US academic as underscoring its successful strategy...
Suncorp's aerial imagery solution wins award
14 November 2022
Suncorp has won “Best use of technology to revolutionise CX” at Ashton Media’s fifth The CX Awards...
Honey rolls out offer at McGrath property agencies
14 November 2022
Honey Insurance is now available across the real estate network of ASX-listed McGrath Limited, which has more than 100 offices...
Zurich 'serious about digital business' with new API exchange
14 November 2022
Zurich has launched Zurich eXchange, a global Application Programming Interface marketplace it says allows customers, distributors and partners to connect digitally with the insurer from a single, all in one platform...
Kofax targets insurers, Aviva adopts claims fraud solution
14 November 2022
Tech expert Kofax says its solutions are being rapidly adopted in the Asia Pacific region to transform processes and drive efficiency...
Stella CEO to deliver insurtechLIVE keynote address
07 November 2022
UK-based Stella Insurance CEO Sam White is the keynote speaker at insurtechLIVE 2023...
'Hubristic' disruption rhetoric gives way to teaming with incumbents
07 November 2022
Genuine disruption of incumbent insurers by insurtechs has been “extremely limited” despite almost $US50 billion of global insurtech investment, Gallagher Re says...
Cover Genius Raises over $100 million
07 November 2022
Cover Genius has raised $US70 million, allowing it to further expand its insurance distribution platform XCover...
Freely launches in Australia, US; eyes Canada, New Zealand
07 November 2022
Zurich-backed insurtech Freely has launched what it says is the world’s first end-to-end travel insurance and safety app...