Insurtech Australia aims for '100' milestone
09 August 2021
Australia’s insurtech scene continues to grow and thrive despite the challenges of operating in a COVID-interrupted economy, according to Insurtech Australia...
Insurtech
Seventh Lloyd's Lab cohort to focus on cryptocurrencies
09 August 2021
Lloyd’s has selected the next eleven insurtechs for its Lloyd’s Lab and says the new cohort, the seventh to experience the innovation accelerator program, will focus on creating simpler solutions related to cryptocurrencies...
University of Auckland, Tower to lay data-driven future groundwork
09 August 2021
New Zealand’s Tower Insurance is partnering with the University of Auckland to streamline the insurer’s processes and also lay the groundwork for a data-driven industry future...
SSP says Honey launch demonstrates power of its concept
09 August 2021
Systems provider SSP says its implementation team worked tirelessly for six months with its RACQ Insurance counterpart to launch insurtech disruptor Honey Insurance in June...
Dive In session to explore use of AI in workplace diversity
09 August 2021
AIG, Marsh and NYSE-listed DXC Technology will present a session next month exploring whether artificial intelligence can help drive the push towards more diverse and inclusive workforces...
Mega-rounds boost Q2 fund-raisings to record levels
02 August 2021
Insurtech fund raisings rose to a record $US4.8 billion in the June quarter, boosted by mega-rounds that raised at least $US100 million, Willis Towers Watson says...
Banks uniquely placed to add value with embedded insurance
02 August 2021
Australian banking customers want embedded insurance offers from banks and other lenders, a new survey from insurtech Cover Genius reveals...
AI risks increase as cover struggles to keep up
02 August 2021
The insurance industry is in the early stages of understanding artificial intelligence algorithmic risks but there are widespread repercussions from technology failures, a white paper produced by Zurich and Microsoft says...
Finder names insurtech, insurance innovation finalists
02 August 2021
Comparator Finder has named the insurtech and insurer contenders in the running for top honours in its annual Innovation Awards contest...
Australia's insurers make 'great strides' in customer advocacy
02 August 2021
Joint research by Bain & Company and Salesforce reveals the majority of insurance consumers are open to having their personal data used by cover providers for a more tailored experience...
Global funding rounds 'rain money' as insurance plays catch up
26 July 2021
Insurtech Gateway Australia says global investment activity in the first half has seen records broken as funders see attractive insurance opportunities, and has called for more local activity...
Texas-based Solera acquires Brisbane's ENData
26 July 2021
Texas-based Solera Holdings has agreed to buy Brisbane-based insurance technology company ENData, providing claims and supply chain management solutions to the top five general insurers operating in Australia...
Preventure's wearable sensors automate risk-prevention training
26 July 2021
Insurers are being invited to take advantage of data collected by wearable sensors across workforces revealing where musculoskeletal injury risks are hidden across sites and occupations...
Claim Central's Insurx secures licence under new ASIC regime
26 July 2021
Global claims solutions provider Claim Central Consolidated’s third-party administration division Insurx has been granted an Australian Financial Services Licence to provide claims handling and settling services...
Digicall Assist expands leadership team
26 July 2021
Duncan Hardie has been appointed to the newly-created role of COO at Digicall Assist...
Envest buys Evari's cover portfolio, licenses platform
19 July 2021
Insurtech Evari’s underwriting portfolio has been bought by Envest, which will also license Evari’s tech platform as part of the deal...
Digital retooling optimises in-person insurance sales
19 July 2021
Technology is equipping insurance brokers with data-driven tools to identify risk hazards, enabling more robust risk conversations with customers and optimising face-to-face sales, Capgemini says...
Driverless cars to 'significantly change' motor business model
19 July 2021
Consumer insurance brands, particularly for motor vehicle coverage, face disruption as tech-led changing market dynamics continue to play a key role in shaping the future of the industry, according to insurance consulting firm Xceedance...
Agile Underwriting adds new A&H products to online platform
19 July 2021
Agile Underwriting Services has expanded its online trading platform’s offerings with the launch of two Accident & Health products...
SSP platform facilitates Gallagher digital products
19 July 2021
Systems provider SSP says Gallagher Australia has expanded a digital-first product offering that’s provided through the technology group’s insurance platform...