12 September 2022
A motor insurance claim process could be triggered automatically for drivers of connected cars as the Internet of Things transforms communication and service, an IAG expert says...
12 September 2022
Insurtech Hillridge has raised $2.3 million in seed funding as it plans to expand its weather insurance platform to southeast Asia, offering access to parametric cover for agriculture and other climate-exposed industries...
12 September 2022
Melbourne-based insurtech Behave & Save is meeting with motor insurers after adapting its telematics software platform to the consumer market...
12 September 2022
Sydney-based insurtech Upcover has launched a pay-by-the-month insurance option which it says offers instant affordable cover with no need for finance approvals, lengthy forms and redirections between parties...
05 September 2022
The insurance industry is yet to capitalise on innovation opportunities offered by technology, while the sector’s complexities also present hurdles to developing new platforms and systems, the Australasian Professional Indemnity Group conference has heard...
05 September 2022
Law firm Norton Rose Fulbright Australia has partnered with the UK Department for International Trade to create a guide for UK insurtechs encouraging them to bring their innovation to Australia...
05 September 2022
Insurtech Australia has selected eleven of its members to attend Insurtech Connect Vegas later this month...
05 September 2022
Melbourne-based insurtech Koba Insurance has raised half its $1 million target so far in its latest funding round...
05 September 2022
The London Market Group is working on an Intelligent Market Reform Contract, a digitised version of current insurance contracts underwritten in the London Insurance market which are created as Word documents, then saved as PDFs and often still printed...
29 August 2022
Suncorp has claimed an industry first by using artificial intelligence to crunch images of 9 million Australian homes, doing away with half the questions asked of prospective policyholders, such as whether their roof is tile or Colorbond or if they have a swimming pool...
29 August 2022
Insurers are lagging other industries in making use of Artificial Intelligence to meet the expectations of modern customers and keep them happy, Accenture says...
29 August 2022
India-based insurtech AccelTree Software says it has been invited to meet with insurers and broking firms in Sydney and Melbourne this week to showcase its point-of-sale solutions...
29 August 2022
Insurers will have access to combined risk data on floods, tropical cyclones and hurricanes with unprecedented detail under a new partnership between risk modellers Reask and Fathom...
29 August 2022
Uses for augmented reality in insurance are growing, with demand for the technology turbo charged by the need for remote inspections due to covid, GlobalData says...
29 August 2022
Satellite data analysis software firm Earth Blox is making use of data from Google Earth’s engine to offer environmental risk assessment...
22 August 2022
Investment in insurtechs plunged 80% last year to $US2.21 billion, GlobalData says, and funding growth is unlikely in 2022 as only about half last year’s total had been invested by the end of July...
22 August 2022
Google veteran Barney Pierce has been appointed Senior VP President of Partnerships Asia Pacific at Cover Genius...
22 August 2022
Nasdaq-listed data analytics firm EXL has been categorised as a local leader in business process outsourcing in both Property & Casualty and Life & Retirement insurance by ISG Provider Lens...
22 August 2022
NYSE-listed property and casualty insurance software provider Sapiens has partnered with marketplace Intellagents, allowing insurers access to hundreds of data and insurtech providers...
15 August 2022
More than a fifth of 352 global executives surveyed by GlobalData said blockchain was “all hype and no substance” and rated it less use to the insurance industry than augmented reality, internet of things, 5G, cloud computing, cybersecurity and artificial intelligence technologies...