29 May 2023
Insurtech Australia has welcomed Velit Solutions and Fat Zebra as its latest members and says the IA team and a delegation of nine are preparing to host a networking event in Singapore tonight at InsureTech Connect Asia, showcasing opportunities for collaboration...
22 May 2023
Mustard Underwriting, which specialises in providing insurance solutions to the sharing economy and digital marketplace, has partnered with Battleface as the insurtech launches its travel insurer platform in Australia...
22 May 2023
University of Southern Queensland’s Jenny Wang has been awarded a $431,000 Australian Research Council fellowship to help customise weather index insurance offerings...
22 May 2023
Honey Insurance has appointed Galia Durbach to the role of Chief Revenue Officer, responsible for partnering with businesses to bring innovative insurance solutions to customers...
22 May 2023
Cover Genius has added Mexican airline Volaris to the growing list of firms deploying its XCover embedded insurance platform...
22 May 2023
Helia Group is one of six global winners of the 2023 Appian Innovation Award, it was announced in San Diego...
22 May 2023
Investment group Liverpool Partners has taken a majority stake in Sydney-based Simplyai, an artificial intelligence (AI) consulting firm that says Australian insurance will be revolutionised by the technology...
15 May 2023
IAG has invested in Ravin AI, which uses Artificial Intelligence (AI) to inspect the condition of vehicles using mobile phone and CCTV footage...
15 May 2023
Insurers, brokers and underwriting agencies undertaking digital transformation should elect to only “do one monster project at a time” to increase the chance of success, Sydney-based consultancy Frazer Walker Partner Ian Chisholm says...
15 May 2023
Local digital underwriting agency Argyle Insurance, in partnership with Coforge, has been awarded the Duck Creek Technologies Standard of Excellence award at Formation ’23 in Orlando, Florida...
15 May 2023
Data and analytics specialist PBT Group says contributions from Artificial Intelligence (AI) and Machine Learning (ML) can help insurers better detect fraudulent claims...
08 May 2023
Global insurtech funding rose 38% to $US1.39 billion ($2.06 billion) in the first quarter from the previous three months, and trends suggest this year may mark a return to the gently rising insurtech funding seen before 2021, Gallagher Re says.
08 May 2023
IAG says its platform now hosts 145 specifically designed automation bots, eliminating around 150,000 hours of manual work a year, and it expects to save 500,000 work hours annually with bots by fiscal 2026.
08 May 2023
Insurers in Australia and New Zealand may be driving up the cost of their own ceded reinsurance with use of outdated spreadsheets, legacy systems and manual processes, Duck Creek Technologies says.
08 May 2023
QBE Ventures is investing in occupational health and safety provider YellowBird, which has created a marketplace for risk assessment and remediation services.
08 May 2023
Nasdaq-listed EXL has promoted Anand “Andy” Logani to the role of Chief Digital Officer, responsible for EXL’s digital business, which helps insurers achieve better business outcomes with data, analytics, AI and cloud.
08 May 2023
Artificial Intelligence (AI) could add up to $US1.1 trillion ($1.63 trillion) in annual value for the global insurance industry from service and operational gains, McKinsey estimates.
01 May 2023
Brisbane-based insurtech Upsure and Community Broker Network have partnered to support UK insurtechs and MGAs keen to launch in Australia...
01 May 2023
Chubb has been trialling use of Artificial Intelligence in underwriting, risk teams and claims, and says a “variety of use cases have proven themselves”...
01 May 2023
Insurtech Australia has named nine of its members attending Insuretech Connect Asia in Singapore later this month...