insuranceNEWS.com.au - InsurtechGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auMotor insurers take lead on AI, study showshttps://www.insurancenews.com.au/insurtech/motor-insurers-take-lead-on-ai-study-showshttps://www.insurancenews.com.au/insurtech/motor-insurers-take-lead-on-ai-study-shows<p>Artificial intelligence is widely used in motor operations by insurers in Asia-Pacific countries, a Moody&rsquo;s survey has found...</p>Mon, 27 Oct 2025 02:57:36 GMTData system ‘you can talk to’ launcheshttps://www.insurancenews.com.au/insurtech/data-system-you-can-talk-to-launcheshttps://www.insurancenews.com.au/insurtech/data-system-you-can-talk-to-launches<p>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 &ldquo;bring data to life&rdquo;...</p>Mon, 27 Oct 2025 02:57:29 GMTIAG teams with Adobe on ‘seamless’ customer servicehttps://www.insurancenews.com.au/insurtech/iag-teams-with-adobe-on-seamless-customer-servicehttps://www.insurancenews.com.au/insurtech/iag-teams-with-adobe-on-seamless-customer-service<p>IAG has partnered with software group Adobe to integrate a personalised cloud system into the operations of its retail brands...</p>Mon, 27 Oct 2025 02:57:07 GMTUpcover features on prestigious global listhttps://www.insurancenews.com.au/insurtech/upcover-features-on-prestigious-global-listhttps://www.insurancenews.com.au/insurtech/upcover-features-on-prestigious-global-list<p>Upcover is the only Australian company named on this year&rsquo;s CB Insights Insurtech 50 list...</p>Mon, 27 Oct 2025 02:56:58 GMTCover-More offers AI travel plannerhttps://www.insurancenews.com.au/insurtech/cover-more-offers-ai-travel-plannerhttps://www.insurancenews.com.au/insurtech/cover-more-offers-ai-travel-planner<p>Cover-More Travel Insurance has launched an AI-powered itinerary planner in its app...</p>Mon, 27 Oct 2025 02:56:48 GMTEntsia joins InsurTechNZhttps://www.insurancenews.com.au/insurtech/entsia-joins-insur-tech-nzhttps://www.insurancenews.com.au/insurtech/entsia-joins-insur-tech-nz<p>Entsia has become a member of InsurTechNZ and says the move reflects its long-term commitment to customers in New Zealand...</p>Mon, 27 Oct 2025 02:56:39 GMT‘Start yesterday’: call to secure data as quantum threat loomshttps://www.insurancenews.com.au/insurtech/start-yesterday-call-to-secure-data-as-quantum-threat-loomshttps://www.insurancenews.com.au/insurtech/start-yesterday-call-to-secure-data-as-quantum-threat-looms<p>Cybercriminals are taking a &ldquo;store now, decrypt later&rdquo; approach to data theft because they anticipate advancements in quantum computing, according to risk experts...</p>Mon, 20 Oct 2025 01:03:31 GMTIAG eyes broker-focused agency after underwriter tie-uphttps://www.insurancenews.com.au/insurtech/iag-eyes-broker-focused-agency-after-underwriter-tie-uphttps://www.insurancenews.com.au/insurtech/iag-eyes-broker-focused-agency-after-underwriter-tie-up<p>IAG New Zealand has acquired an ownership stake in NZ insurtech Initio &ndash; a move it says advances its bid to create a broker-focused personal lines agency...</p>Mon, 20 Oct 2025 01:03:10 GMTEx-Suncorp tech manager joins Zurichhttps://www.insurancenews.com.au/insurtech/ex-suncorp-tech-manager-joins-zurichhttps://www.insurancenews.com.au/insurtech/ex-suncorp-tech-manager-joins-zurich<p>Zurich has appointed Terry Powell as group chief technology officer...</p>Mon, 20 Oct 2025 01:03:02 GMTNew investor takes Xceedance capital raise to $154 millionhttps://www.insurancenews.com.au/insurtech/new-investor-takes-xceedance-capital-raise-to-154-millionhttps://www.insurancenews.com.au/insurtech/new-investor-takes-xceedance-capital-raise-to-154-million<p>Fintech investor Portage Capital Solutions has taken a minority stake in insurance solutions group Xceedance</p>Mon, 20 Oct 2025 01:03:01 GMTInstanda receives $30 million injectionhttps://www.insurancenews.com.au/insurtech/instanda-receives-30-million-injectionhttps://www.insurancenews.com.au/insurtech/instanda-receives-30-million-injection<p>Policy administration and distribution platform Instanda has secured $30 million in its latest funding round, allowing the business to accelerate global expansion plans...</p>Mon, 20 Oct 2025 01:02:53 GMTROLLiN’ rolls out Ravin AI damage assessmentshttps://www.insurancenews.com.au/insurtech/rol-li-n-rolls-out-ravin-ai-damage-assessmentshttps://www.insurancenews.com.au/insurtech/rol-li-n-rolls-out-ravin-ai-damage-assessments<p>Digital motor insurer ROLLiN&rsquo; is teaming with Ravin AI to offer automated vehicle inspections after crashes...</p>Mon, 20 Oct 2025 01:02:41 GMTNo ‘regulatory void’ around AI harms, watchdog sayshttps://www.insurancenews.com.au/insurtech/no-regulatory-void-around-ai-harms-watchdog-sayshttps://www.insurancenews.com.au/insurtech/no-regulatory-void-around-ai-harms-watchdog-says<p>The Australian Securities and Investments Commission will use current laws to address harm caused by artificial intelligence, as debate continues over whether specific rules for the technology are needed...</p>Mon, 13 Oct 2025 03:20:22 GMTInsurance experts to feature at CyberConhttps://www.insurancenews.com.au/insurtech/insurance-experts-to-feature-at-cyberconhttps://www.insurancenews.com.au/insurtech/insurance-experts-to-feature-at-cybercon<p>Executives from WTW will be among speakers at the Australian Cyber Conference, or CyberCon, in Melbourne...</p>Mon, 13 Oct 2025 03:16:44 GMTCrooks target industry with ‘highly effective’ fake bank emailshttps://www.insurancenews.com.au/insurtech/crooks-target-industry-with-highly-effective-fake-bank-emailshttps://www.insurancenews.com.au/insurtech/crooks-target-industry-with-highly-effective-fake-bank-emails<p>Insurance is among the three most targeted industries in a scam involving criminals expertly impersonating Australia&rsquo;s large banks...</p>Mon, 13 Oct 2025 03:16:32 GMTFeedback sought on digital asset ruleshttps://www.insurancenews.com.au/insurtech/feedback-sought-on-digital-asset-ruleshttps://www.insurancenews.com.au/insurtech/feedback-sought-on-digital-asset-rules<p>The federal government has begun consultation on draft legislation regulating operators of platforms that hold digital assets on behalf of customers...</p>Mon, 13 Oct 2025 03:16:08 GMTUS investors pump $38 million into FurtherAIhttps://www.insurancenews.com.au/insurtech/us-investors-pump-38-million-into-further-aihttps://www.insurancenews.com.au/insurtech/us-investors-pump-38-million-into-further-ai<p>Silicon Valley venture capital group Andreessen Horowitz has invested $US25 million ($38.58 million) in Californian insurtech FurtherAI...</p>Mon, 13 Oct 2025 03:15:43 GMTBosses, boards ‘will be held to account’ on robo-hallucinationshttps://www.insurancenews.com.au/insurtech/bosses-boards-will-be-held-to-account-on-robo-hallucinationshttps://www.insurancenews.com.au/insurtech/bosses-boards-will-be-held-to-account-on-robo-hallucinations<p>Businesses enjoying the benefits of artificial intelligence should know they will be accountable for errors and instances of &ldquo;AI gone wrong&rdquo;, a legal expert says...</p>Mon, 06 Oct 2025 03:17:15 GMTIndustry grapples with GenAI cover as demand growshttps://www.insurancenews.com.au/insurtech/industry-grapples-with-gen-ai-cover-as-demand-growshttps://www.insurancenews.com.au/insurtech/industry-grapples-with-gen-ai-cover-as-demand-grows<p>As businesses embed generative AI into products, services and internal operations, demand is growing for insurance against risks such as defective outputs, copyright infringement and cyber breaches, according to a Geneva Association report...</p>Mon, 06 Oct 2025 03:17:04 GMTInsurtech Australia begins conference run-inhttps://www.insurancenews.com.au/insurtech/insurtech-australia-begins-conference-run-inhttps://www.insurancenews.com.au/insurtech/insurtech-australia-begins-conference-run-in<p>Early bird registration has opened for the InsurtechLIVE26 conference in Sydney...</p>Mon, 06 Oct 2025 03:16:46 GMT