Insurtech Australia welcomes Insurbot, Westfund
07 November 2022
Insurtech Australia has welcomed new member Insurebot and new partner Westfund...
Insurtech
Algorithms accurately rate cyber resilience: Marsh McLennan
31 October 2022
A study by Marsh McLennan has found measuring cyber resilience with algorithms is accurate and helps insurers make better informed decisions...
CFC warns of 'grey areas' in fintech exposures
31 October 2022
Cyber specialist CFC warns fintechs are unlikely to find all of their exposures covered in a single policy as traditional cover often does not address failure of technology, sub-contractor liability or intellectual property infringement...
Builder LP StratiCo transforms claim repairs with 3D insights
31 October 2022
Sydney-based builder LP StratiCo says it has drastically cut the number of days spent on insurance claim repair management with the use of advanced technology...
Hannover Re adds Melbourne's Invuite to innovation hub
31 October 2022
Melbourne-based Invuite has been added to Hannover Re’s Equarium innovation platform...
icare virtual reality training wins award
31 October 2022
icare's Working Safely at Heights training program, which uses virtual reality to improve the safety of young construction staff when working around ladders and scaffolding, has won an international Good Design Award...
BodyGuide, E5 Workflow win DXC Invitational
24 October 2022
The winners of the 2022 DXC Invitational insurtech competition in Asia Pacific have been announced...
Honey, Koba win Finder innovation awards
24 October 2022
Honey Insurance has won comparison website Finder’s 2022 Best Insurance Innovation award, while car insurer Koba was crowned Best Insurtech Innovation...
Amazon launches UK insurance comparison service; Allianz signs up
24 October 2022
Retail giant Amazon is offering British shoppers an insurance comparison service and has signed on Allianz’s LV= General Insurance, as well as Ageas UK and Co-op, with more to be added in the next few months...
US insurtech builds blockchain-powered parametric cargo platform
24 October 2022
Brooklyn-based insurtech Otonomi has successfully raised $US3.4 million, backing its parametric cargo-delay insurance offer...
QBE makes first early-stage Australian tech investment
17 October 2022
QBE Ventures has made its first investment in an early-stage Australian-based tech firm, leading a funding round of over $4.2 million in local start-up Iluminr, which uses gamification to train for crises such as cyber-attacks, supply chain disruptions, natural disasters, and pandemics...
Nearmap offers 'health check' for roofs
17 October 2022
Nearmap has announced an expansion of its aerial capture program and says the first product available to customers will be automated ‘health check’ roof condition assessments, with fire and flood risk assessments to be available to customers over the next year...
Skiers hot for Flip's single-day injury cover
17 October 2022
Insurtech Flip, a wholly owned subsidiary of HCF Life, has extended partnerships with Thredbo Resort and Mt Buller as demand grows for its single-day injury cover...
SecondSight says its AI platform unearths true cyber risk
17 October 2022
SecondSight says its new AI-driven platform continuously gathers digital risk intelligence for underwriters and makes “being uninsurable for cyber a thing of the past” for businesses...
Optus breach triggers spike in cyber cover enquiries
10 October 2022
Sydney-based insurtech Upcover says weekly website traffic to its cyber pages jumped 184% after it was revealed a hacker stole the personal data of millions of Optus customers...
Local entries sought for DXC Invitational
10 October 2022
DXC Technology is inviting insurtech community members to enter its Asia Pacific 2022 DXC Invitational...
Save the date: IA to host 2023 InsurtechLIVE in February
10 October 2022
Insurtech Australia will host its annual InsurtechLIVE event in Sydney on February 15...
Credit Clear share price jumps on insurer demand
10 October 2022
Shares in ASX-listed Credit Clear spiked 18% last week after it revealed it signed four contracts with car insurance clients...
RAC Insurance adopts new data analysis technology
10 October 2022
Perth-based RAC Insurance has installed a solution from UK insurtech Earnix that allows it to better manage data analysis to serve its 1.2 million members...
Claim Central’s Wilbur agrees exclusive US licensing
03 October 2022
Global claims solutions provider Claim Central Consolidated says its new technology brand Wilbur has agreed exclusive licensing with US property claims adjuster Eberl Claims Service...