21 March 2022
Sydney-based Ben Webster, the co-founder of insurtech Agile Underwriting Services, has designed a cost-effective way to manage sanctions checks especially for the insurance industry...
21 March 2022
Insurtech Australia says Resolution Life Australasia and io.insure have joined the organisation as ecosystem partner...
21 March 2022
Consumer group Choice is warning Australians to consider the data privacy risks of data-driven insurance offered by insurtechs before switching policies...
21 March 2022
Insurers can take advantage of “process mining” to improve claims handling and uncover claims leakage, bottlenecks and inefficiencies by using artificial intelligence to gather millions of data points from existing systems, US software company Appian says...
21 March 2022
Loadsure, an international insurtech Managing General Agent and Lloyd’s coverholder, has closed an $US11 million Series A funding round, backed by Insurtech Gateway, MMC Ventures and US-based maritime, energy and logistics firm Crowley...
14 March 2022
Minimising harm and providing safety nets will be critical as the digital transformation of Australia’s economy shifts risks, the Actuaries Institute says...
14 March 2022
Codafication says its Crunchwork platform in combination with FloodMapp technology is offering insurers and flood crews real-time automation, mapping and claim triaging to speed response times during the Queensland and NSW catastrophe...
14 March 2022
Hollard has introduced online security manager LastPass’s centralised password management system to bolster its cyber protection and help employees maintain complex passwords across multiple systems...
14 March 2022
NYSE-listed Genpact says its partnership with Claim Genius is providing a crucial “claims triage” and optimising decision-making with the backing of a century of claims data as insurers battle over 100,000 claims from this month’s flood catastrophe, eclipsing bushfire claims from the 2019-20 summer...
14 March 2022
Swiss Re says it has entered into a partnership with dacadoo, a Zurich-based health and technology business...
07 March 2022
Brisbane-based startup FloodMapp has been supporting emergency services and insurers during this month’s flooding catastrophe in Queensland, co-founder and CEO Juliette Murphy tells insuranceNEWS.com.au.
07 March 2022
PSC Insurance Brokers has joined FinTech Australia’s ecosystem partnership program, which helps businesses collaborate with insurtechs and other members of the sector and foster relationships with its key players...
07 March 2022
IAG has launched a second $75 million venture capital fund and made its first investment, undertaking a pilot program using Texas-based insurtech Plnar for its property claims...
07 March 2022
Insurtech Portabl has won the Australian round of the 2022 Zurich Innovation Championship, beating 89 other entries...
07 March 2022
Automation does not have to come at the cost of jobs, can help with staff retention and help employees feel challenged, and that they are growing, contributing and learning new things, insurtech BizCover says...
28 February 2022
Many insurers struggle to interpret the “astronomical” levels of data available to them, and this creates a “decision gap” that prevents delivery of personalised services to customers, as well as accurate addressing of fraud, financial crime and other categories of risk, reveals analytics software company Quantexa...
28 February 2022
Insurtech Cover Genius reports a surge in insurance policy sales at its retail partners as an overwhelming number of consumers shop online and buy protection for their purchases...
28 February 2022
Digital insurance expert Entsia has listed key considerations when undertaking a tech transformation which it says will allow businesses to stay “agile and scalable” as competition escalates...
28 February 2022
NYSE-listed The Travelers Companies has acquired insurtech Trōv, the creator of Suncorp’s telematic-backed Bingle Go motor cover...
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...