insuranceNEWS.com.au - Insurtech

Investors shy away from ‘high-risk’ mega-rounds

Mon, 10 Nov 2025 03:34:47 GMT

Global insurtech funding totalled $US1.01 billion ($1.57 billion) in the third quarter, down 8% from the second quarter...

Claims automation can be ‘risk multiplier’

Mon, 10 Nov 2025 03:34:39 GMT

Automation designed to streamline claims handling can inadvertently introduce risks such as communication failures and lack of alignment between teams, the Australian Financial Complaints Authority warns...

Contest offers chance to pitch in with DXC

Mon, 10 Nov 2025 03:34:25 GMT

DXC Technology is inviting insurtech start-ups to enter its Invitational competition, involving a series of online workshops and a pitch contest...

‘Guaranteed’ cybersecurity wins Lloyd’s backing

Mon, 10 Nov 2025 03:34:12 GMT

Sydney-based Tide Foundation has partnered with Lloyd’s-backed underwriter Becco to insure companies adopting its “guaranteed cybersecurity” system...

‘Bittersweet’ for Butter boss as buyout completed

Mon, 10 Nov 2025 03:33:57 GMT

An undisclosed buyer has acquired Sydney-based insurtech Butter, which provides single-item subscription cover for possessions such as phones, ear pods, watches and laptops...

Guidewire buys Canadian incubator graduate

Mon, 10 Nov 2025 03:33:39 GMT

Guidewire will acquire ProNavigator, a Canadian insurance start-up that participated in the software group’s Insurtech Vanguards incubator program...

Ransom payers marked as ‘profitable targets’

Mon, 03 Nov 2025 01:19:28 GMT

CrowdStrike says paying a cyberattack ransom does not guarantee crooks will not leak data or strike again – casting doubt on complying with such criminal demands...

How ‘fabric’ patches together old data

Mon, 03 Nov 2025 01:19:18 GMT

New data fabric technology allows insurers to gradually modernise their legacy system “patchworks” without a complete overhaul, Appian says...

Kanopi to host roundtable on agentic AI

Mon, 03 Nov 2025 01:19:00 GMT

Insurtech Kanopi and software group Endava will host a webinar examining how AI systems capable of autonomous decision-making are poised to reshape insurance...

Guidewire launches pricing system

Mon, 03 Nov 2025 01:18:49 GMT

Guidewire says its new PricingCenter tool enables general insurers to make price changes quickly and with greater precision...

Motor insurers take lead on AI, study shows

Mon, 27 Oct 2025 02:57:36 GMT

Artificial intelligence is widely used in motor operations by insurers in Asia-Pacific countries, a Moody’s survey has found...

Data system ‘you can talk to’ launches

Mon, 27 Oct 2025 02:57:29 GMT

Insurance technology group BAIS says its iBAIS 3.0 tool, featuring advanced speech and AI capability, is available now and makes it easier for brokers and underwriting agencies to “bring data to life”...

IAG teams with Adobe on ‘seamless’ customer service

Mon, 27 Oct 2025 02:57:07 GMT

IAG has partnered with software group Adobe to integrate a personalised cloud system into the operations of its retail brands...

Upcover features on prestigious global list

Mon, 27 Oct 2025 02:56:58 GMT

Upcover is the only Australian company named on this year’s CB Insights Insurtech 50 list...

Cover-More offers AI travel planner

Mon, 27 Oct 2025 02:56:48 GMT

Cover-More Travel Insurance has launched an AI-powered itinerary planner in its app...

Entsia joins InsurTechNZ

Mon, 27 Oct 2025 02:56:39 GMT

Entsia has become a member of InsurTechNZ and says the move reflects its long-term commitment to customers in New Zealand...

‘Start yesterday’: call to secure data as quantum threat looms

Mon, 20 Oct 2025 01:03:31 GMT

Cybercriminals are taking a “store now, decrypt later” approach to data theft because they anticipate advancements in quantum computing, according to risk experts...

IAG eyes broker-focused agency after underwriter tie-up

Mon, 20 Oct 2025 01:03:10 GMT

IAG New Zealand has acquired an ownership stake in NZ insurtech Initio – a move it says advances its bid to create a broker-focused personal lines agency...

Ex-Suncorp tech manager joins Zurich

Mon, 20 Oct 2025 01:03:02 GMT

Zurich has appointed Terry Powell as group chief technology officer...

New investor takes Xceedance capital raise to $154 million

Mon, 20 Oct 2025 01:03:01 GMT

Fintech investor Portage Capital Solutions has taken a minority stake in insurance solutions group Xceedance