Travelers acquires Suncorp-backed insurtech Trov
28 February 2022
NYSE-listed The Travelers Companies has acquired insurtech Trōv, the creator of Suncorp’s telematic-backed Bingle Go motor cover...
Insurtech
Insurtech glitterati to gather in London in March
28 February 2022
The founders of local insurtechs Cover Genius and Coverhero, as well as top executives at Munich Re, Zurich, Swiss Re and Axa will speak at next month’s Insurtech Insights Europe 2022 conference, to be held in London on March 15-16...
Insurtech Australia seeks regulatory and compliance group nominations
21 February 2022
Insurtech Australia has named insurance compliance specialist Paul Muir as Chair of its newly created Regulatory and Compliance Working Group and is seeking nominations for more appointments from its members and business partners to the initiative...
Local AI crop insurance platform Hillridge attracts global interest
21 February 2022
Award winning Hillridge Technology, a Sydney-based AI crop insurance platform for farmers, has a new seed funding round underway as it fields international interest...
Cloud storage the silver lining for insurers
21 February 2022
Adopting cloud storage frees insurers to focus on customer needs and expectations and core value creation for policyholders, Frazer Walker Partner Ian Chisholm says...
NYSE-listed Genpact partners with Claim Genius
21 February 2022
Professional services firm Genpact says its platform is now integrated with Claim Genius’ AI-based claims solution for auto insurance to create a smoother process and deploy analytics...
IAG invests further in Carbar
21 February 2022
IAG has stepped up its backing for Carbar, demonstrating the insurer’s confidence in the vehicle subscription start-up’s business model...
High insurtech valuations favour alliances over M&A
14 February 2022
Insurance carriers focused on building alliances with insurtechs last year as they explored emerging technologies and capabilities, rather than making outright acquisitions...
Insurer reliance on brand loyalty, heritage "under threat": Fitch
14 February 2022
Partnerships between traditional insurance firms and insurtechs are set to rise and will play an important role in the future market position of insurers, ratings agency Fitch says...
Cyber insurtechs set to outperform peers
14 February 2022
Cyber insurtechs are well positioned to shrug off any slowdown in fundraising in the global insurtech sector after a record-setting year, a report from S&P Global says...
FinTech Australia appoints Andrew Porter as CEO
14 February 2022
Andrew Porter has been appointed CEO of FinTech Australia after the departure of Rebecca Schot-Guppy in August...
Matterport says new Axis 3D imaging to speed claims
14 February 2022
Spatial data firm Matterport says its new Axis motorised mount easily “turns buildings into data” and can be deployed in the field by insurance adjusters to accurately scan and share detailed 3D images from a smartphone...
FloodMapp targets new markets after $8.5 million raise
07 February 2022
Startup FloodMapp has completed a $US6 million fundraising round and will use the capital injection to scale the company and expand into new markets...
Exhibitors, pitches teed up for InsurtechLIVE next week
07 February 2022
Insurtech Australia says it has a lineup of 15 speakers, 10 exhibitors and 6 pitches – with more to come – ahead of its inaugural InsurtechLIVE half day conference in Sydney next week...
Honey 'embeds' insurance into mortgage applications with Finsure
07 February 2022
Insurtech Honey Insurance and mortgage aggregator Finsure Group have partnered to design a digitalised process that they say embeds home insurance into mortgage applications...
Insuret, Loopit partner to offer car subscription cover
07 February 2022
Queensland-based underwriting agency Insuret has partnered with car subscription software provider Loopit to offer integrated car insurance and claims management for subscription fleet operators...
Insurtech Australia welcomes three new partners
07 February 2022
Insurtech Australia has announced new partnerships with Finity Consulting, 4impact Group and RegTech Association...
Kanopi to host March roundtable
07 February 2022
Hollard-backed Melbourne insurtech Kanopi Cover is to host a roundtable panel in March moderated by QBE Ventures Global Head of Strategy and Partnerships Lynn Thompson...
Innovation is key, insurers told
31 January 2022
Consultancy Accenture has urged the Australian insurance industry to make innovation an “obsession” this year, as competition from insurtechs and other rivals is set to intensify...
Insurtech Australia February conference lineup unveiled
31 January 2022
Senior executives from QBE, Hollard, Honey, Munich Re and other insurance experts will share their insights on February 15 at Insurtech Australia’s first InsurtechLIVE Conference...