New funding injection for actuarial platform
23 September 2024
Insurance pricing platform Akur8 has raised $US120 million ($176 million), including further backing from previous investor Guidewire Software...
Insurtech
NSW invests in back-up communications links for disasters
23 September 2024
The NSW government has committed $5 million to ensure residents remain connected to internet and telecommunication services during bushfires...
Ex-Suncorp duo start insurtech private equity firm
16 September 2024
Two former Suncorp executives have founded RS Insurance Ventures, a private equity investment firm focused on innovative companies in Australia...
FMA to host AI roundtable as it ‘shapes framework’
16 September 2024
New Zealand’s Financial Markets Authority will hold a roundtable to explore how artificial intelligence is used in the financial services industry and how insurers and lenders are managing risks...
HDI’s international arm to use genAI
16 September 2024
HDI Global is rolling out a proprietary generative AI tool across its international programs division...
Compass IOT makes finals of US pitch contest
16 September 2024
Sydney-based Compass IOT has been selected to compete at ITC Vegas in the annual State Farm start-up pitch competition...
Public-private action urged to ‘close cyber gap’
09 September 2024
The insurance industry and public sector should join forces to build resilience to catastrophic cyber events, according to a report from Zurich and Marsh McLennan...
NIBA conference to host AI pitch battle
09 September 2024
Insurtech Australia CEO Simone Dossetor will moderate a “thrilling Shark Tank-style session” at the National Insurance Brokers Association Convention next month...
Car tech advances ‘complicate claims landscape’
09 September 2024
Uptake of autonomous vehicles may require more robust reserving strategies by reinsurers to manage claims, Howden Re says...
AI-enhanced cybercrime a ‘major new trend’
09 September 2024
The cybercrime threat has intensified with artificial intelligence improving the success rate of attacks and offenders buying off-the-shelf hack software, law firm DLA Piper says...
Insurtech Australia announces Vegas delegation
02 September 2024
Four members and three corporate supporters will make up this year’s Insurtech Australia delegation at ITC Vegas...
Local insurtechs make global rankings
02 September 2024
Melbourne’s Kanopi and Sydney-founded Cover Genius have been listed among the world’s top 30 marketing, sales and distribution insurtechs...
Ando extends Qlik software to all operations
02 September 2024
New Zealand underwriting agency Ando Insurance says it is improving customer response times and decision-making using Qlik Cloud data analytics...
Growing Entsia hires HR chief at ‘pivotal time’
02 September 2024
Entsia has appointed Lisa Street as head of people and culture...
IAG steps up Enterprise platform rollout
26 August 2024
IAG says it is migrating about 5 million policies onto its Enterprise platform, with the aim of improving digital experiences for customers and fuelling growth across the group...
ITC Vegas promises to ‘showcase the future’
26 August 2024
ITC Vegas will be held on October 15-17, with more than 9000 attendees expected at the “largest gathering of insurance innovation”...
Simfuni wins ANZIIF accolade
26 August 2024
Simfuni has been named Australian and New Zealand Institute of Insurance and Finance insurtech start-up of the year...
Koverd closes as bid to ‘crack’ digital broking falls short
26 August 2024
Digital brokerage Koverd, which launched in October 2022, is to close, founder Fabrizia Roberto has announced...
NSW tests ‘vehicle-to-infrastructure tech’ in self-driving cars
19 August 2024
Self-driving vehicles will hit streets in Sydney in a trial designed to strengthen road safety and prepare NSW’s infrastructure for future automated car use...
Collaboration aims to bolster super fund cybersecurity
19 August 2024
Transmit Security and Wrkr have joined forces to enhance cyber defences at Australia’s superannuation funds, which are increasingly being targeted by fraudsters...