Insurtech
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...
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.
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...
05 December 2022
QBE Ventures has invested in California-based geospatial data aggregator Geosite, saying the platform does the “heavy lifting” to extract insurance-relevant information...
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...
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...
05 December 2022
Information technology at Open Insurance has been redesigned by CMD Solutions in a detailed network overhaul...
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”...
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...
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...
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...
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...
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...
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...
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”...
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...
14 November 2022
Suncorp has won “Best use of technology to revolutionise CX” at Ashton Media’s fifth The CX Awards...
14 November 2022
Honey Insurance is now available across the real estate network of ASX-listed McGrath Limited, which has more than 100 offices...
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...
14 November 2022
Tech expert Kofax says its solutions are being rapidly adopted in the Asia Pacific region to transform processes and drive efficiency...