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Insurtech

IAG eyes more IoT investments

06 September 2021

IAG has made its first investment in Internet of Things technology through its corporate venture arm Firemark Ventures and is keen for more if the right opportunities come along...

Agile works with brokers on three niche products

06 September 2021

Agile has worked closely with three local brokers to create niche liability products for courier drivers, transport contractors and short-term accommodation providers which are available on its online platform, Powered by Agile...

Koba partners with Eric for October launch

30 August 2021

Melbourne-based Eric Insurance will underwrite local start-up Koba’s pay-per-kilometre car insurance product, to be launched to market in October...

Lloyd's perils claims to be 'powered by space'

30 August 2021

Lloyd’s has agreed a two-year partnership with geospatial insurtech McKenzie Intelligence Services which promises to deliver faster claims decisions and payments for customers after perils...

Industry urged to step up data protection

30 August 2021

Insurance software solutions provider Stelvio has urged the industry and its third party suppliers to consider using system and organisational controls reporting to protect the vast amounts of private data handled by their businesses...

Traditional insurers turn to technology experts

23 August 2021

Insurers are embracing robotic process automation and artificial intelligence to boost productivity and efficiency and lower costs, while use of the cloud allows testing and implementation of new business models and technologies to grow market share...

Workers' comp mental health costs next 'sleeping giant'

23 August 2021

Using artificial intelligence to “triage” workers’ compensation claims early can help address escalating costs and identify optimal pathways for insurers, employers and the statutory bodies operating Australia’s nine workers’ compensation schemes...

Honey says many partnerships to follow AGL deal

23 August 2021

Honey Insurance founder and CEO Richard Joffe says a new distribution deal with power company AGL offers the insurtech “incredible scale” and is just the first of many such partnerships...

Delivery rider, travel alert cover win Finder awards

23 August 2021

Upcover’s delivery rider insurance offer has taken out Finder’s 2021 Best Insurtech Innovation award while Fast Cover Travel Insurance took honours for Best Insurance Innovation with its alert status innovation...

Marsh backs Amazon digital insurance network

16 August 2021

Marsh is supporting Amazon Insurance Accelerator, the digital insurance network set up by the e-commerce giant to help its third-party sellers acquire product liability protection...