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Insurtech

‘Tide has turned’ as insurtech funding soars

12 August 2024

Global insurtech funding totalled $US1.27 billion ($1.93 billion) in the second quarter, up 40% on the previous period to the highest level since the first three months of last year...

Cover Genius hires senior trio 

12 August 2024

Cover Genius has appointed new executives in the US and Netherlands as it aims to grow from 600 employees to more than 1000...

QBE expands use of AI in underwriting

05 August 2024

QBE is using generative artificial intelligence across more of its operations after a trial cut by two thirds the time taken by cyber underwriters in North America to review broker submissions...

IAG NZ workers to receive Google AI training

05 August 2024

IAG New Zealand has extended its multi-year agreement with Google Cloud and its employees will be trained to use the tech giant’s data and artificial intelligence technology...

Nine in 10 SMEs would consider ransomware demands 

29 July 2024

Sixty per cent of Australian small businesses were targets of cyber breach attempts or security incidents in the past year, and 87% would consider paying in the event of a ransomware attack, according to a survey of more than 1400 IT professionals...

Six insurtechs to pitch at tech seminar

22 July 2024

Local insurtechs have signed up to pitch at a jointly hosted Insurance News and Insurtech Australia start-up competition as part of a technology seminar in Sydney next month...