Lloyd’s postpones Blueprint Two shift amid testing ‘setbacks’
24 June 2024
Lloyd’s has delayed indefinitely its phase one shift to digital services, which was planned for October under its Blueprint Two initiative...
Insurtech
PSC teams up for blockchain, NFT project
17 June 2024
PSC Insurance Group is developing a system that uses blockchain-driven smart contracts and allocates non-fungible token certificates to policyholders...
Workers’ comp tool mines data sets for fraud
17 June 2024
US-based Clara Analytics has launched an AI fraud detection system that helps identify suspicious claims using large workers’ compensation data sets...
Swiss Re’s underwriting workbench rolls into Asia-Pacific
17 June 2024
Swiss Re will bring its Connected Underwriting Life Workbench to the Asia-Pacific region after a successful trial in the US last year...
UK’s ChainThat links up with Tego
17 June 2024
London-based ChainThat has added another customer in Australia, with Sydney medical malpractice underwriter Tego Insurance selecting its Beyond Policy Administration platform...
Lloyd's Lab opens doors again
03 June 2024
Applications are open for the 13th cohort of the Lloyd’s Lab, which this year focuses on new products, data, models and processes, and building resilience in the rapidly changing Middle East and African markets...
Duck Creek appoints Asia-Pacific chief
03 June 2024
Duck Creek Technologies has appointed Christian Erickson as GM Asia-Pacific, overseeing a new phase of investment in the region...
Ex-Hollard CIO takes transformation MD role at Accenture
03 June 2024
Jamie Smith has been appointed insurance transformation lead MD at Accenture...
AI claims platform comes to Australia
03 June 2024
Five Sigma is installing its AI-driven claims management platform for Sydney specialist medical malpractice underwriter Tego Insurance...
Celebrity-backed Indian insurtech completes IPO
03 June 2024
Go Digit, which counts former Indian cricket captain Virat Kohli among its investors, has listed on the National Stock Exchange of India...
APRA ‘has the tools’ to act on AI concerns
27 May 2024
Financial services regulation is adequate to handle the growing use of generative artificial intelligence and the prudential watchdog is “not adding to our rule book at the moment”, according to board member Therese McCarthy Hockey...
Insurtechs opening doors for incumbents: Cover Genius
27 May 2024
Partnering with insurtechs can offer traditional insurers a new range of clientele, Cover Genius VP of product Ehsan Azizi says...
Codafication wins Guidewire contest
27 May 2024
Codafication won cloud platform Guidewire’s Insurtech Vanguards Pitch Day in Sydney on Thursday – the first time the competition has been held in Australia...
Delegation heads to Singapore tech conference
27 May 2024
An Insurtech Australia member delegation is heading to a regional conference in Singapore next month, where the peak body will host a networking event on the last day...
AI heightens fraud risk but brings consumer benefits, ICA tells MPs
20 May 2024
Generative AI may be used to augment photographs to fraudulently inflate insurance claims and help criminals with phishing, voice spoofing and identity fraud, the Insurance Council of Australia warns...
‘Category leader’ Cover Genius raises $120 million
20 May 2024
Cover Genius has completed an $US80 million ($121 million) funding round led by US-based venture capital firm Spark Capital...
Johns Lyng buys into builder ‘marketplace’ Handdii
20 May 2024
Building services provider Johns Lyng Group has acquired a stake in insurtech Handdii Holdings to help grow operations in the competitive US market...
Swiss Re looks to offload insurtech arm iptiQ
20 May 2024
Swiss Re plans to withdraw from its digital white-label platform iptiQ after almost a decade and will “look around to see who is interested in these assets”...
Adyen, Cover Genius partner on payment fraud
13 May 2024
Adyen has signed up as a payment processing partner for Cover Genius, to help the embedded insurance heavyweight with pay methods for customers worldwide...
Honey thanks departing VP for ‘blood, sweat and tears’
13 May 2024
Honey Insurance VP of partnerships Eoghan Trehy has left the business after three years...