Instabase, ARPC join Insurtech Australia
11 July 2022
Insurtech Australia has welcomed new member Instabase and new ecosystem partner the Australian Reinsurance Pool Corporation...
Insurtech
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...
High tech data use to expand viable insurance product lines
04 July 2022
Better data analysis powered by machine learning and artificial intelligence will open up new revenue opportunities for insurers, Google Cloud APAC Director of Financial Services Stuart Houston says...
Syndicate, insurtech and reinsurer seal digital wallet cover
04 July 2022
International digital trading specialist Amber Group has secured insurance cover for clients holding digital assets using its wallet infrastructure...
Investors back carbon removal insurer Kita
04 July 2022
Insurtech Kita, which is part of Lloyd's Lab cohort 8, has raised £350,000 in a pre-seed funding round led by Insurtech Gateway...
Blair Nicholls leads tech underwriting agency Clover
27 June 2022
Blair Nicholls has taken a new role as CEO at startup Clover Insurance Australia, a technology-led insurance underwriting agency focused on simplifying the placement of insurance for brokers which is set to go live late next month...
Research examines robotics help for older drivers
27 June 2022
Emerging vehicle assistive technologies and the experience of older drivers is being investigated as part of a project that could help improve safety...
Koba takes out 2022 Finnie award
27 June 2022
Pay-per-kilometre car insurer Koba has won this year’s Excellence in Insurtech category, which is sponsored by IAG Firemark Ventures, at the FinTech Australia Finnie Awards...
Howden creates springboard for insurance start-ups
27 June 2022
UK-based Howden Group is creating an end-to-end platform to accelerate the launch and growth of insurance start-ups by bringing funding, capacity, expertise, governance and distribution together in one place...
Salesforce unveils new financial services innovations
27 June 2022
Salesforce has announced expanded digital offerings designed specifically for the financial services industry including insurance providers...
Insurtech Australia hails Singapore ITC trip a 'huge success'
20 June 2022
Insurtech Australia says its entourage of eight local startups to the Insurtech Connect Asia in Singapore was a great success and showcased Australia’s premier expertise...
Honey launches partnership with WA homebuilder
20 June 2022
Honey Insurance has agreed a deal with WA’s largest homebuilder, BGC Housing Group, as it opens its coverage to the WA market...
Cover Genius launches XCover Go for smaller retailers
20 June 2022
Insurtech Cover Genius, founded in Sydney in 2014, has launched a new XCover Go app for small-to-medium-sized businesses...
Insurtech Australia to host ESG event in August
20 June 2022
Insurtech Australia is hosting an environmental, social and governance event on August 24 for the sector...
AI-backed ClaimShare tackles duplicate claims fraud
20 June 2022
Dutch insurtech ClaimShare has announced it is the first application that allows for the detection and prevention of potential duplicate claims fraud...
Early mover advantage: insurers advised to proactively prep for CDR shake up
06 June 2022
Insurers should seize upon the Consumer Data Right regime to innovate as it will force refinement of product offerings, pricing models and service delivery in order to remain competitive, EY says...
AI wearable monitors to cut workers' comp claims
06 June 2022
Injury prevention will in future take a data-driven approach and incorporate smart wearable technology, machine learning and predictive analytics, UK-based firm Soter Analytics says...
io.insure expands into US after Australian launch
06 June 2022
io.insure, a specialty insurance online marketplace for small and medium-sized mergers and acquisitions, has expanded into the US after a successful launch in Australia earlier this year...