insuranceNEWS.com.au - InsurtechGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auINsight feature: in-depth podcast focuses on insurtechhttps://www.insurancenews.com.au/insurtech/insight-feature-in-depth-podcast-focuses-on-insurtechhttps://www.insurancenews.com.au/insurtech/insight-feature-in-depth-podcast-focuses-on-insurtech<p>A special feature Insurance News podcast delves into key trends, opportunities and challenges in insurtech...</p>Mon, 03 Mar 2025 03:47:51 GMT‘Easier and faster’: bots deliver for IAGhttps://www.insurancenews.com.au/insurtech/easier-and-faster-bots-deliver-for-iaghttps://www.insurancenews.com.au/insurtech/easier-and-faster-bots-deliver-for-iag<p>The bots have arrived at IAG &ndash; and they are here to stay. The insurer now has more than 160 automated processes and a spokesman says the role of artificial intelligence and generative AI is growing daily...</p>Mon, 03 Mar 2025 03:32:05 GMTFusion powers up with agency-tailored softwarehttps://www.insurancenews.com.au/insurtech/fusion-powers-up-with-agency-tailored-softwarehttps://www.insurancenews.com.au/insurtech/fusion-powers-up-with-agency-tailored-software<p>Underwriting agency Fusion Specialty is introducing Insly insurance software across its global operations...</p>Mon, 03 Mar 2025 03:31:26 GMTEXL to host AI deep-divehttps://www.insurancenews.com.au/insurtech/exl-to-host-ai-deep-divehttps://www.insurancenews.com.au/insurtech/exl-to-host-ai-deep-dive<p>An EXL webinar will feature industry experts discussing lessons learnt scaling data and artificial intelligence solutions...</p>Mon, 03 Mar 2025 03:31:13 GMTIAG Firemark invests in weather-watching start-upshttps://www.insurancenews.com.au/insurtech/iag-firemark-invests-in-weather-watching-start-upshttps://www.insurancenews.com.au/insurtech/iag-firemark-invests-in-weather-watching-start-ups<p>IAG Firemark Ventures has invested in two insurtechs aiming to build more resilient communities...</p>Mon, 03 Mar 2025 03:30:59 GMTChange accelerating but more needed, InsurtechLIVE headliners sayhttps://www.insurancenews.com.au/insurtech/change-accelerating-but-more-needed-insurtech-live-headliners-sayhttps://www.insurancenews.com.au/insurtech/change-accelerating-but-more-needed-insurtech-live-headliners-say<p>Adapting to rapid change was a common theme for experts at this year&rsquo;s InsurtechLIVE in Sydney...</p>Mon, 24 Feb 2025 03:06:11 GMTUS expert urges industry to ‘reject hubris’ and innovatehttps://www.insurancenews.com.au/insurtech/us-expert-urges-industry-to-reject-hubris-and-innovatehttps://www.insurancenews.com.au/insurtech/us-expert-urges-industry-to-reject-hubris-and-innovate<p>A recent &ldquo;shift in the norm&rdquo; means greater innovation in insurance products is now essential, a US insurance expert says...</p>Mon, 24 Feb 2025 03:05:56 GMTPathway program to ease UK-Australian insurtech tradehttps://www.insurancenews.com.au/insurtech/pathway-program-to-ease-uk-australian-insurtech-tradehttps://www.insurancenews.com.au/insurtech/pathway-program-to-ease-uk-australian-insurtech-trade<p>A new UK-Australia pathway collaboration aims to remove the barriers insurance start-ups face when entering and expanding in each market...</p>Mon, 24 Feb 2025 03:05:26 GMTNew Steadfast tech chief tasked with building ‘world-class’ systemshttps://www.insurancenews.com.au/insurtech/new-steadfast-tech-chief-tasked-with-building-world-class-systemshttps://www.insurancenews.com.au/insurtech/new-steadfast-tech-chief-tasked-with-building-world-class-systems<p>Steadfast says its new CTO will &ldquo;spearhead a visionary technology strategy&rdquo; and drive the company&rsquo;s digital transformation...</p>Mon, 24 Feb 2025 03:05:11 GMTInsurtech funding slumps in ‘year of two halves’https://www.insurancenews.com.au/insurtech/insurtech-funding-slumps-in-year-of-two-halveshttps://www.insurancenews.com.au/insurtech/insurtech-funding-slumps-in-year-of-two-halves<p>Funds raised globally by insurtechs halved to $US688.24 million ($1.09 billion) in the fourth quarter compared with the preceding three months, and annual levels hit a seven-year low...</p>Mon, 17 Feb 2025 04:02:53 GMTFinity clients target gains in underwriting, claimshttps://www.insurancenews.com.au/insurtech/finity-clients-target-gains-in-underwriting-claimshttps://www.insurancenews.com.au/insurtech/finity-clients-target-gains-in-underwriting-claims<p>Finding new ways to improve underwriting and insurance claims management has become a priority for consultant Finity&rsquo;s clients...</p>Mon, 17 Feb 2025 04:02:41 GMTExperts examine electric cars’ slow progresshttps://www.insurancenews.com.au/insurtech/experts-examine-electric-cars-slow-progresshttps://www.insurancenews.com.au/insurtech/experts-examine-electric-cars-slow-progress<p>An expert panel at InsurtechLIVE will examine why the adoption of electric, connected and automated cars in Australia lags global trends...</p>Mon, 17 Feb 2025 04:02:29 GMTCIO panel to shed light on a ‘black art’https://www.insurancenews.com.au/insurtech/cio-panel-to-shed-light-on-a-black-arthttps://www.insurancenews.com.au/insurtech/cio-panel-to-shed-light-on-a-black-art<p>A &ldquo;CIO insights&rdquo; panel at InsurtechLIVE will feature experts from QBE, Hollard and Envest...</p>Mon, 17 Feb 2025 04:02:15 GMTUpcover raises $19 million from high-profile investorshttps://www.insurancenews.com.au/insurtech/upcover-raises-19-million-from-high-profile-investorshttps://www.insurancenews.com.au/insurtech/upcover-raises-19-million-from-high-profile-investors<p>Upcover says it is poised to &ldquo;challenge the status quo&rdquo; after completing a $19 million funding round...</p>Mon, 10 Feb 2025 02:52:03 GMTIndustry ‘needs to copy healthcare’ on tech normshttps://www.insurancenews.com.au/insurtech/industry-needs-to-copy-healthcare-on-tech-normshttps://www.insurancenews.com.au/insurtech/industry-needs-to-copy-healthcare-on-tech-norms<p>The insurance industry must define common standards for securely connecting workplace systems to support future artificial intelligence workflows, JAVLN CEO David Leach says...</p>Mon, 10 Feb 2025 02:00:25 GMTLeading founders to share start-up tipshttps://www.insurancenews.com.au/insurtech/leading-founders-to-share-start-up-tipshttps://www.insurancenews.com.au/insurtech/leading-founders-to-share-start-up-tips<p>Three Australian insurance start-up founders will explore the highs and lows of building a business from scratch at InsurtechLIVE...</p>Mon, 10 Feb 2025 02:00:04 GMTFive Sigma plugs in AI tool to assess vehicle claimshttps://www.insurancenews.com.au/insurtech/five-sigma-plugs-in-ai-tool-to-assess-vehicle-claimshttps://www.insurancenews.com.au/insurtech/five-sigma-plugs-in-ai-tool-to-assess-vehicle-claims<p>Five Sigma&rsquo;s claims management platform and digital adjuster Clive now features artificial intelligence vehicle assessor DeepDetect, under a partnership with insurtech Ravin AI...</p>Mon, 10 Feb 2025 01:59:51 GMTDAS fire monitor aims to fast-track damage reportshttps://www.insurancenews.com.au/insurtech/das-fire-monitor-aims-to-fast-track-damage-reportshttps://www.insurancenews.com.au/insurtech/das-fire-monitor-aims-to-fast-track-damage-reports<p>Digital Agricultural Services has launched a fire monitor to help insurers quickly identify which buildings have been damaged in affected areas...</p>Mon, 10 Feb 2025 01:57:10 GMTFive start-ups to pitch at InsurtechLIVEhttps://www.insurancenews.com.au/insurtech/five-start-ups-to-pitch-at-insurtech-livehttps://www.insurancenews.com.au/insurtech/five-start-ups-to-pitch-at-insurtech-live<p>Insurtech Australia has named the five start-ups competing in a pitch competition at this year&rsquo;s InsurtechLIVE...</p>Mon, 03 Feb 2025 03:04:18 GMTDon’t expect too much from AI, industry toldhttps://www.insurancenews.com.au/insurtech/don-t-expect-too-much-from-ai-industry-toldhttps://www.insurancenews.com.au/insurtech/don-t-expect-too-much-from-ai-industry-told<p>The insurance industry has been warned over the limitations of artificial intelligence as it continues its digital transformation...</p>Mon, 03 Feb 2025 03:04:04 GMT