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Insurtech

CFC appoints cyber underwriting leader

13 February 2023

CFC has appointed Scott Bailey to the newly-created role of Cyber Underwriting Leader, responsible for the strategic underwriting management of the whole cyber portfolio...

Motor solutions insurtech Tapanda expands team

06 February 2023

Melbourne-based Tapanda has welcomed a number of new team members as the motor solutions insurtech "challenges the status quo of traditional technology and service models”...

Igloo appoints new CTO

06 February 2023

Singapore-based Igloo, which insures delivery riders in Thailand, Singapore, The Philippines and Vietnam, has appointed LiLiang Zhu as Chief Technology Officer...

IA unveils InsurtechLIVE lineup 

30 January 2023

Insurtech Australia has published the program for InsurtechLIVE 23, to be held on February 15 in Sydney at the at the Museum of Contemporary Art Australia...

Lloyd's Lab 10th cohort applications open 

30 January 2023

Applications are open until February 12 for the 10th cohort of the Lloyd’s Lab, this year concentrated on the themes New Products, Data & Models, and European Cyber & Climate Solutions...

IAIS weighs up good and bad of blockchain 

30 January 2023

Distributed ledger technologies such as blockchain have potential to lower costs and boost efficiency at insurers yet also pose new risks, industry regulators warn...

Butter targets gen Z with smooth insurance  

12 December 2022

Insurtech Butter has raised $1.3 million as it prepares to launch subscription cover for nominated possessions like smart phones, ear pods, watches, laptops and "whatever you're into”...

Sydney's Appsure wins US travel insurer client 

12 December 2022

Insurtech Appsure’s automated high-tech travel claims system has been implemented at US insurer Trawick International, in what it expects will be the start of an international expansion...

Insurtech marketplace unveils SME-focused M&A product 

12 December 2022

Underwriting agency Fusion Specialty and insurtech marketplace io.insure have launched a merger and acquisition insurance product aimed at SMEs in Australia and key markets including the US and the UK...

Cyber attitude changing as online threats grow 

12 December 2022

BizCover for Brokers says it has seen a sharp jump in enquiries for cyber risk protection solutions, signalling a shift in attitudes after recent attacks on big name Australian companies.

Annual GWP at Australia's agencies passes $7 billion 

05 December 2022

The Underwriting Agencies Council says annual gross written premium at Australian agencies is now around $7.5 billion, and technology-enabled firms are leading the way as the sector expands dramatically...

'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...