insuranceNEWS.com.au - Insurtech

Fake IDs on rise as fraudsters plan ahead

Mon, 30 Mar 2026 03:14:32 GMT

The use of “synthetic identities” is the fastest-growing fraud type globally, accounting for more than one in 10 cases, LexisNexis Risk Solutions says...

Seminar to examine ‘zero-delay’ insurance transactions

Mon, 30 Mar 2026 03:14:25 GMT

A free seminar discussing the need for communications networks to deliver AI at scale will be held on April 16...

Cover Genius appoints revenue, marketing chiefs

Mon, 30 Mar 2026 03:14:10 GMT

Jennifer Aubert Parker has been appointed chief revenue officer at Cover Genius, and Nidhi Daga joins as global senior VP of marketing...

Xceedance brings senior exec to Australia

Mon, 30 Mar 2026 03:14:00 GMT

Vijaylaxmi Tarafdar has been promoted to associate VP client partner for Australia and New Zealand at Xceedance...

EXL event tackles AI adoption barriers

Mon, 23 Mar 2026 02:04:25 GMT

Global data company EXL says a virtual event in Australia and New Zealand tomorrow aims to help businesses move beyond AI experimentation and gain greater value from the technology...

AIG and McGill collaborate on artificial intelligence solution

Mon, 23 Mar 2026 02:03:37 GMT

AIG and international specialty broker McGill and Partners will collaborate on offerings for the subscription market, using agentic AI capabilities...

NSW firefighters use tech to spot, tackle blazes

Mon, 23 Mar 2026 02:03:16 GMT

Firefighters in rural NSW are being supported by AI-powered camera systems, thermal-imaging drones and satellite connectivity...

Bermudan regulator lines up parametric insurer class

Mon, 23 Mar 2026 02:03:07 GMT

The Bermuda Monetary Authority plans to introduce a parametric special purpose insurance class to help address uninsured losses...

Upcover warns brokers to act on AI

Mon, 16 Mar 2026 03:16:26 GMT

Upcover founder Anish Sinha says last month’s AI-related sharemarket sell-off should not be treated as a blip, but as a signal...

Aon clients pay premiums with cryptocurrency

Mon, 16 Mar 2026 03:16:13 GMT

Aon says it is the first business to let clients to pay insurance premiums using US dollar-backed stablecoin...

Kayna closes seed funding round

Mon, 16 Mar 2026 03:16:02 GMT

Irish embedded insurance infrastructure platform Kayna has closed a €1.5 million ($2.45 million) seed funding round as it moves ahead with major expansion plans in the UK and US...

Fortescue’s Elysia enters Lloyd’s Lab

Mon, 09 Mar 2026 03:51:54 GMT

Twelve start-ups have been selected for the 16th cohort of the Lloyd’s Lab following a pitch day, including software group Elysia, owned by Australian mining giant Fortescue...

Codafication heads abroad as claims tech ‘in vogue’

Mon, 09 Mar 2026 02:56:23 GMT

Brisbane insurtech Codafication plans to expand overseas amid stricter regulation of claims handling...

Insiders drive growth in cyber breaches

Mon, 09 Mar 2026 02:26:43 GMT

Organisations face increased risk from malicious insiders and need to consider how data is flowing between their systems if they are to thwart cybercriminals, according to digital security specialist Mimecast...

‘Scales tip towards defenders’ in ransomware battle

Mon, 09 Mar 2026 02:26:11 GMT

A small minority of businesses agreed to pay up as ransomware demands surged last year, according to the latest Cyber Claims Report from US insurer Coalition...

Policy wordings written for ‘pre-AI world’

Mon, 02 Mar 2026 03:55:45 GMT

A survey by Gallagher has found one in five insurance industry professionals say a client experienced loss or claims due to AI-related risks in the past year, yet most policies do not explicitly address such threats...

Manual fraud controls ‘missing scams, slowing payouts’

Mon, 02 Mar 2026 03:55:37 GMT

Outdated payment systems and manual processes limit insurers’ detection of fraud, which features in up to 24% of claims, Dutch payment group Adyen warns...

Study reveals gap in defence against sophisticated cybercriminals

Mon, 02 Mar 2026 03:55:26 GMT

Only one in five chief information officers say they are highly effective at defending against cyberattackers using AI, a survey has found...

Insurtechs ‘pose biggest threat’ to incumbents

Mon, 02 Mar 2026 03:55:17 GMT

Amazon and Tesla are considered less of a threat to insurance providers than insurtechs, a GlobalData survey has found...

Curium warns on regulatory change ‘blind spot’

Mon, 02 Mar 2026 03:55:01 GMT

Recent regulatory changes signal heightened attention on conflicts of interest and remuneration, according to Curium...