insuranceNEWS.com.au - Insurtech

Honey seals deal with Bank Australia

Mon, 22 Apr 2024 04:49:06 GMT

Honey Insurance has agreed a six-year partnership with Bank Australia to provide a digital insurance offer...

Qikio secures motor underwriting deal with Adica

Mon, 22 Apr 2024 04:46:21 GMT

Qikio Insurance has agreed a car cover underwriting partnership with Aioi Nissay Dowa Insurance Company Australia...

Allianz home cover tool wins innovation award

Mon, 22 Apr 2024 04:46:04 GMT

Allianz Australia’s “one click” home insurance price estimate system has won an innovation excellence award from Canstar...

Tasmania’s Sumday raises $5 million

Mon, 22 Apr 2024 04:45:50 GMT

Carbon accounting innovator Sumday has closed a $5.3 million funding round led by Planeteer Capital and returning investors Blackbird, Wedgetail and Possible Ventures...

Honey out to break 'oligopoly' after $108 million funding injection

Mon, 15 Apr 2024 04:33:14 GMT

Honey Insurance says it is well placed to take on Australia's home cover giants following a $108 million funding round...

Haast wins local leg of Zurich innovation contest

Mon, 15 Apr 2024 04:28:50 GMT

Regtech Haast has won the Australian round of this year’s Zurich Innovation Championship and will present to executives in Switzerland against other winners from across the world...

Butter adds ‘simple, customisable’ travel cover

Mon, 15 Apr 2024 04:28:00 GMT

Insurtech Butter has started offering travel insurance, the business announced in a brief LinkedIn post...

HCF travellers to access Allianz Partners chatbot

Mon, 15 Apr 2024 04:27:18 GMT

Allianz Partners Australia has launched a chatbot for customers of its travel insurance partner HCF...

‘Do your homework’: Munich Re urges caution on AI

Mon, 08 Apr 2024 04:49:56 GMT

Insurers should implement artificial intelligence in their operations slowly and carefully, with full research and oversight, Munich Re says...

New venture to cover watches, handbags at point of sale

Mon, 08 Apr 2024 04:40:58 GMT

A start-up is offering insurance for so-called lifestyle purchases such as high-end handbags, custom skis, watches and fishing rods...

Building assessment firm joins Guidewire advocacy scheme

Mon, 08 Apr 2024 04:38:58 GMT

Sync Technologies Australia, which seeks to streamline building assessment processes and claims handling, has joined the Guidewire Insurtech Vanguards innovation program...

Wilbur shines in run-down of claims management systems

Thu, 04 Apr 2024 23:39:34 GMT

Insurance technology provider Wilbur’s property and casualty claims management platform has been recognised in a report by tech research and advisory group Celent...

Open acquires UK’s So-Sure

Mon, 25 Mar 2024 02:29:09 GMT

Sydney-based insurtech Open is acquiring So-Sure to strengthen its foothold in the UK and provide a range of new mobile and contents products via its embedded insurance platform...

Delayed Zurich travel customers gain lounge access

Mon, 25 Mar 2024 02:27:25 GMT

Zurich Singapore has launched a new service with insurtech Blink Parametric and travel e-commerce platform Klook offering complimentary airport lounge access globally when flights are delayed more than two hours...

Cytora board adds former PartnerRe CEO

Mon, 25 Mar 2024 02:26:41 GMT

UK insurtech Cytora has appointed Emmanuel Clarke to its advisory board...

Covertech rolls out automation tool for brokers

Mon, 18 Mar 2024 03:17:20 GMT

Covertech has unveiled Proceso, an automation tool designed for general insurance brokers...

Lloyd’s collaborates with Bermuda on innovation, education

Mon, 18 Mar 2024 03:17:05 GMT

Lloyd’s and the Bermuda Monetary Authority have outlined plans for closer collaboration between the two insurance industry hubs to foster innovation and education...

Reask, Axa Climate team up on parametric cyclone cover

Mon, 18 Mar 2024 03:16:48 GMT

Risk modelling company Reask has formed a partnership with Axa Climate, using the former’s Metryc product to select, price, underwrite and trigger parametric insurance policies for tropical cyclone winds...

High interest rates dampen fintech investment outlook

Mon, 18 Mar 2024 03:16:20 GMT

Consultancy KPMG predicts fintech investment in Australia will remain soft as high interest rates and economic uncertainties caused by global conflicts continue to weigh on investor appetite...

Aon unveils US digital risk platform

Mon, 18 Mar 2024 03:14:45 GMT

Aon has launched Partner Risk Insights, a digital platform aimed at helping US organisations manage insurance-related third-party risks...