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Insurtech

Trust in AI-driven car repair, claims soars

02 May 2022

Insurance customers are ready for digital options and industry decision makers are optimistic toward AI objectives, though more needs to be done to realise the value of tech for stakeholders and customers, industry heavyweight Solera says...

US agencies embrace Australian aerial imaging firm Nearmap

02 May 2022

ASX-listed Nearmap says its aerial imaging solution is being embraced by many US government organisations, including urban planning, transportation, emergency management, law enforcement and water resource management...

BizCover finds gap between SME risk awareness, cover

26 April 2022

Nearly a third of small business owners rank cyber crime, data breaches and fraud as a most concerning risk, particularly after covid disruption forced many to shift to digital, yet just 7% have cyber insurance, according to BizCover’s 2022 Small Business Bravery Report...

Wearable health data platform joins Hannover Re hub

11 April 2022

WeFitter , an aggregator platform that stores data from popular fitness apps and wearable technology in a unified format for use by life and health insurers, has been added to Hannover Re’s Equarium innovation platform...

Insurtech AuditCover 'evens playing field' with high-tech ATO

28 March 2022

HDI-backed insurtech AuditCover has closed a $1.7 million seed round and says its platform evens the playing field between the average tax payer and the tax office, which has edged far ahead in data and technology capability...

Overlooking loss ratio behind insurtech underperformers

28 March 2022

Loss ratio performance can give the best insight into how successful an insurtech may be and is an increasingly accurate metric as insurance products become personalised, Insurtech Gateway Australia CEO Simon O’Dell says...