04 April 2022
Insurers are increasingly turning to insurtech providers in order to bridge the gap between internal processes and suppliers, Stelvio Australia’s GM Yannick Giguère says...
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...
28 March 2022
Insurtech Kanopi is calling on the government and industry to establish a working group tasked with seeing Consumer Data Right services are rolled out this year...
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...
28 March 2022
Hannover Re has opened its HR Equarium innovation platform to all interested parties to give more insurers direct access to worldwide insurtechs and a large pool of innovations...
28 March 2022
CFC Underwriting has revised its wordings for media company cover to reflect new exposures presented by changes in technology...
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...