Koba undertakes new funding round
01 August 2022
Melbourne-based insurtech Koba Insurance is undertaking a new funding round after successfully reaching a targeted $1 million during an earlier crowdsourcing round in September...
Insurtech
Rules engines help insurers weather staff turnover
01 August 2022
Insurers should capture their business practices in a standardised rules engine system, minimising the risk of losing key corporate knowledge if employees resign, PBT Group local GM of data and analytics Will Erskine says...
Dubai's Proton to launch in Australia/New Zealand
01 August 2022
New telematics car insurtech Proton has plans to launch in Australia and New Zealand after success in the United Arab Emirates since it began operating there in January...
Cover Genius makes event and ticketing refund protection acquisition
01 August 2022
Cover Genius has expanded further into the $US72 billion event and ticketing industry, which it says is a "huge addressable market,” buying UK insurtech Booking Protect...
Insurtech Gateway ready to fund 20 startup teams
25 July 2022
Insurtech Gateway has secured Seed Fund II financing which it says will support 20 startup teams over the next four years, from pre-seed to Series A...
Credit Clear develops digital claims system with insurer
25 July 2022
ASX-listed Credit Clear has developed a digital third-party claims system in collaboration with a large Australian insurer...
ACCC launches CDR sandbox
25 July 2022
The competition regulator has made available a Consumer Data Right sandbox, a free tool to help design, build and test CDR solutions...
Daisee helps auto insurers analyse customer calls
25 July 2022
Insurtech Daisee is adding further innovations to its platform to help insurers analyse calls with customers in order to improve future interactions...
Kanopi to host embedded insurance roundtable
25 July 2022
Insurtech Kanopi will host a virtual roundtable discussion on the future of embedded insurance on August 22...
Kiwi insurtech JAVLN raises $6.7m, eyes ASX listing
18 July 2022
New Zealand insurtech JAVLN has raised $6.7 million, backed by Australian fund manager Bombora as it aims to list on the Australian Stock Exchange...
Uber partners with Koba on car sharing cover
18 July 2022
Car Next Door, which Uber bought in January, has partnered with Melbourne-based insurtech Koba to offer its members comprehensive insurance uniquely designed for car sharing...
Cover Genius invests in Indian insurtech
18 July 2022
Cover Genius has led a $US4.2 million pre-series A funding round for India-based insurtech Ensuredit...
ITC Vegas launches startup pitch competition
18 July 2022
Insurtech Connect Vegas is seeking applicants for its first Startup Pitch Competition, to be held on September 20...
Munich Re, Sompo back new cover for blockchain contracts
18 July 2022
Bermuda-based Chainproof has launched this month and says it is the world's first regulated “smart contract” insurer, backed by investment from Sompo Insurance and reinsurance backing from Munich Re...
Big insurer executives back startup Upcover
11 July 2022
Insurtech Upcover has raised $2.7 million in seed funding and $2 million in debt in a round backed by QBE LMI GM Patricia Priest, as well as former Zurich Insurance Global Life CEO for APAC Colin Morgan...
Cover Genius in holiday park cover partnership
11 July 2022
Cover Genius has partnered with park and campground property manager RMS Cloud to offer new damage and liability cover for holiday park residents...
Instabase, ARPC join Insurtech Australia
11 July 2022
Insurtech Australia has welcomed new member Instabase and new ecosystem partner the Australian Reinsurance Pool Corporation...
US insurtechs undertake layoffs
11 July 2022
Insurtechs in the US are reducing staff numbers, citing a worsening macroeconomic environment which is affecting access to capital and the financial strength of customers...
KPMG optimistic on insurtech outlook
04 July 2022
KPMG says a bounce in collective investment in Australian fintechs to $3.6 billion last year was back near pre-covid levels and provides “optimism for 2022 and beyond”...
Insurers' data collection methods 'need to be regulated'
04 July 2022
A Sydney academic says regulators must take action to prevent discrimination, exclusion and unaffordability of insurance for some consumers, saying insurers stand to benefit from technological advances in artificial intelligence and Big Data...