Insurtech
‘Sense of urgency’: industry steps up digital focus post-pandemic
28 August 2023
The insurance industry’s approach to technology has been significantly influenced by the covid pandemic, AM Best says in a special report...
Start-ups ‘set to lead growth’
28 August 2023
Six out of 10 industry leaders predict insurtech start-ups will lead growth...
DB Results announces ‘game-changer’ product
28 August 2023
Technology and consulting firm DB Results has launched its newly developed cloud-native Policy Administration System software...
Clara chosen for Amazon’s corporate workers’ comp solution
28 August 2023
Clara Analytics has announced a partnership with Amazon for a new program to deliver improved solutions for the tech giant's corporate workers’ compensation claims...
AI to offer underwriting, claims handling benefits: QBE
21 August 2023
Artificial intelligence has the potential to offer “meaningful contributions” across underwriting and claims management, QBE Group CEO Andrew Horton says...
Embracing AI ‘a crucial step’ for industry
21 August 2023
Technology plays a pivotal role in shaping the future of the insurance sector, Xceedance CEO Arun Balakrishnan says...
‘Intelligent’ claims process can help insurers gain upper hand
21 August 2023
Future-proofing the claims management process is critical for insurers as the industry must manage cost carefully to remain profitable, according to Appian, a US software company that provides enterprise automation solutions...
Clara announces new AI product for claims professionals
21 August 2023
Clara Analytics has launched a new AI-based product aimed at refining and extracting key findings from lengthy legal and medical documents for insurers...
Finity presents technology software solutions suite
21 August 2023
Consulting firm Finity has hosted a showcase event at Stone and Chalk in Sydney providing details of a technology software solutions product suite that has evolved as a result of client demand...
Finder extends innovation award deadline
21 August 2023
Finder has extended the deadline for entries to its innovation awards to August 31...
Diminished insurtech appetite lowers insurance M&A
14 August 2023
Diminishing appetite in some regions for insurtechs has been a factor in an overall drop in insurance industry mergers and acquisitions activity in the first half of the year, Clyde & Co says...
LifeBid raises $700,000, kicks off crowdfunding
14 August 2023
Sydney-based insurtech LifeBid has raised $700,000 and launched an equity crowdfunding campaign with investor Stride Equity...
Tech Trailblazers Awards open, panel adds Melbourne-based judge
14 August 2023
The 13th annual Tech Trailblazers Awards are now open for entries as Melbourne-based PivotNine Founder Justin Warren joins the global judging panel...
Cover Genius pairs with Uber in Brazil
14 August 2023
Uber has agreed to use the Cover Genius distribution platform, XCover, to offer income protection insurance to its drivers in Brazil...
Quarterly insurtech funding below $US1 billion for first time in years
07 August 2023
Global investment in insurtechs was $US916.71 million in the three months to June 30, down 34% from January-March and the first quarter to come in below $US1 billion in three years, Gallagher Re says...
Austrade invites insurtechs for Singapore delegation
07 August 2023
Austrade is inviting local tech startups to submit expressions of interest to join a delegation and exhibit as part of the Australia Pavilion at Singapore Fintech Festival, which runs from November 14-17...
IA welcomes six new members and partners
07 August 2023
Insurtech Australia has welcomed new members Simfuni, Covertech Australia, Red Planet Software and Thesl, as well as new partners Pacific International Insurance and the Actuaries Institute...
Reask recognised on global insurtechs list
07 August 2023
Sydney-based natural catastrophe modelling firm Reask has been named one of the 50 most promising insurtechs worldwide by New York’s CB Insights’ research team, which selected from a pool of over 2000 startups...
‘AI is a unique beast’: IA submission urges case-by-case regulation
31 July 2023
Artificial Intelligence regulation needs a decentralised approach that addresses the risks of particular AI use cases in different sectors, Insurtech Australia and law firm DLA Piper say in a submission to the Federal Department of Industry, Science and Resources...
Covertech lures Ausure, Steadfast executives
31 July 2023
Brisbane-based insurtech Covertech Australia has appointed Steve Sloan as MD, effective December, while Steadfast EGM Technology Chris Rouse and Ausure MD Troy Brown are on the board. ..