Ensurance invests in Koba, CEO joins the board
27 March 2023
ASX-listed underwriting agency Ensurance is investing up to $1.5 million in local telematics insurtech Koba, and its CEO Tom Kent has joined the Koba board as non-executive Director...
Insurtech
Digital brokerage Koverd kicks off capital raise
27 March 2023
Koverd is undertaking a $750,000 funding round after launching its digital brokerage service in October...
Grant awarded to ProofTec
27 March 2023
Insurtech ProofTec has been awarded a Federal Government Accelerating Commercialisation grant under a program aimed at helping novel products, services and processes get to market...
Brian Duperreault joins board at US insurtech Joyn
27 March 2023
Brian Duperreault, formerly AIG CEO and Executive Chairman, has joined the board of Delaware-based insurtech Joyn Insurance as an independent director...
Cover Genius acquires warranty provider
20 March 2023
Cover Genius has announced the purchase of US-based warranty provider Clyde Technologies in a move it says will provide consumers with “end-to-end” protection on their purchases...
Downsizer receives further seed capital
20 March 2023
Sydney-based startup venture Downsizer says it has secured $3.75 million in investment from venture capital firm Correlation, and surety bond specialist, Lombard Australia...
VR project aims to boost knowledge of water damage risks
20 March 2023
The Victorian Building Authority has supported an investment into the development of a Virtual Reality app for practitioners to use to identify potential water damage risks...
Fintech inks two-year contract with IAG
20 March 2023
Technology solutions provider Credit Clear says its revenue from the insurance sector is set to increase sharply this financial year after signing a two-year contract with IAG...
BizCover using intelligent automation to put repetitive tasks on cruise control
13 March 2023
Business insurance service BizCover says it has harnessed intelligent automation to better support customers while putting repetitive tasks on “cruise control”...
US emergency management to use FloodMapp nationwide
13 March 2023
Local insurtech FloodMapp says US emergency management is to make use of its dynamic flood inundation analytics to create a common operational picture for its National Flood Insurance Program...
RegTech Association to host April webinar, Sydney event
13 March 2023
Industry organisation the RegTech Association will host its annual ACCELERATERegTech2023 next month, featuring a global virtual session on April 26 and an in-person event in Sydney the next day...
Outstanding flood claims a tech wake up call, Sync Technologies says
13 March 2023
Sydney-based construction data insurtech Sync Technologies says a need for the insurance industry to explore and adopt more technological solutions is highlighted by the unresolved status of a fifth of claims a year on from record 2022 floods...
Suncorp hosts Queensland technology roundtable
06 March 2023
Suncorp recently hosted a roundtable of 18 leaders at its Heritage Lanes building in Brisbane to discuss how Queensland’s technology capabilities can compete on the world stage and drive growth...
IA adds four members, partner Adviser Connect
06 March 2023
Insurtech Australia has added new members Autoreviewa, Coverit Insurance Services, AutoGrab and Unqork, while Adviser Connect has signed up as an IA partner...
PWC Partner shares advice to pave way for women in tech
06 March 2023
Look for allies, back yourself and “be the leader you wish you had,” Sydney-based PwC Partner Jacqui Visch advises Australians working in the tech sector ahead of International Women’s Day on Wednesday...
Floodmapp to host March webinar
06 March 2023
Brisbane-based startup Floodmapp will host a webinar showcasing how timely intelligence is changing the way emergency crews manage flood events...
Steadfast to reveal SCTP update by December
27 February 2023
Steadfast MD and CEO Robert Kelly says the group expects to reveal future plans for the Steadfast Client Trading Platform, which could include an international expansion, by the end of the year...
Lemonade says losses have peaked
27 February 2023
US insurtech Lemonade reported a smaller net loss for October-December and says it had been a quarter of “good news across the board,” with strong growth, improved loss ratios and “peak losses expected to be behind us”...
D&O risk insurtech joins Hannover Re pool
27 February 2023
PredicDO, which says it offers the first AI-based prediction of Directors and Officers risk, has been added to insurtech innovation pool Hannover Re Equarium...
Assetinsure partners with fleet underwriter Mercurien
27 February 2023
Fleet underwriter Mercurien has agreed a new underwriting partnership with Assetinsure and a promise of investment from its holding company Lombard Australia Holdings...