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Insurtech

Australian insurers on brink of new modern payment era

12 July 2021

The COVID pandemic has driven significant digital transformation in the insurance industry and most Australian insurers are looking to modernise by investing in digital payment technology in the next 12 months, a new survey found...

Remote engineering here to stay: FM Global

12 July 2021

Australian businesses will continue to use remote engineering virtual site visits to manage risk exposure even once the acute risk of COVID passes, FM Global says...

PetSure rolls out GapOnly; ditches exclusions

12 July 2021

Hollard-owned PetSure is progressively rolling out its financial technology solution GapOnly Australia-wide and has also dropped many exclusions on comprehensive cover...

IAG commercialises its flexible workforce app

12 July 2021

IAG says its bespoke shift management app, Attune, will earn it a new revenue stream under a joint venture with Terem Technologies which plans to roll the technology out globally...

…and develops its own risk management tool

05 July 2021

Steadfast has provided its brokers in Australia and New Zealand with a free data-driven management tool to identify risk hazards and natural catastrophe exposures by geographic locations and operational activities...

FloodMapp introduces live mapping tool

05 July 2021

FloodMapp is rolling out a live mapping feed called NowCast under a new partnership with Esri Australia, a supplier of geographic information system software...

Motorcyclists back GPS tracking to combat theft

28 June 2021

A new survey of motorcyclists sends a “clear message” to manufacturers of the need for improved security features to be embedded in motorbikes or available at point of sale, the National Motor Vehicle Theft Reduction Council says...

Claims communications platform CAL gets set to launch

28 June 2021

Insurtech Australia member CAL is on track to roll out its insurance communications platform to clients later this year, allowing parties involved in claim resolution to liaise online and share information in real time...

Digicall Assist develops roadside assist app

28 June 2021

Roadside assistance provider Digicall Assist has created a new app called ‘InQ-IQ’ which begins support for a motorist even while still in a call queue and integrates geolocation and auto photo uploads with its contact centre...

Funding rounds point to pandemic bounce back

21 June 2021

Funding rounds raising millions of dollars are pointing to a bounce back in insurtech investment this year after a slump in the international market during the pandemic, GlobalData says...

Insurtech Honey launches with RACQ backing

21 June 2021

Australia’s latest insurtech launched last week, aiming to shake up the home and contents market with $15.5 million in financial backing from its underwriting partner RACQ and other institutional investors...

UpGuard raises additional $25 million

21 June 2021

Cybersecurity platform UpGuard has raised an additional $US19 million with support from investors including IAG’s Firemark Ventures...

Survey reveals cyber dangers

21 June 2021

Only 23% of businesses in Australia and New Zealand have complete knowledge of where their data is stored and 64% have suffered some form of  breach, according to a report  from Thales, a French technology group...