AI-driven flood insurer to monitor homes with satellite imagery
16 May 2022
AI-backed US insurer Neptune Flood has partnered with satellite imagery firm ICEYE to monitor client properties in real-time for signs of flooding...
Insurtech
Insurtech Australia to host future of mobility event series
16 May 2022
Insurtech Australia will host a hybrid industry event on “Mobility in the cities of the future – what will it look like?” next month in part one of what is to be a series...
Prevent legacy data sources infecting new systems, specialist says
09 May 2022
Underestimating data migration leads to costly failures and threatens to “infect” new systems with legacy problems if not tackled thoroughly, PBT Group Australia GM Will Erskine says...
AI changes far reaching, metaverse gaining traction
09 May 2022
Artificial intelligence is likely to increasingly drive improved customer and employee experience after being “slow out the gate” in that area compared to other advantages it is delivering, Gradient Institute Director Catriona Wallace has told the Actuaries Institute summit...
Insiders share tips to help insurers tackle disruption
09 May 2022
Many insurers are introducing new IT systems and applications at a rapid pace, as well as going through mergers and acquisitions and divesting or acquiring divisions, and Frazer Walker Principal Consultants Mark Partridge and Glenn Vade are offering tips on how to achieve the best outcomes...
Insurtech Australia welcomes four new partners
09 May 2022
Global professional services firm Cognizant is the latest Gold Partner of Insurtech Australia, while Genworth, Synpulse and FINEOS have joined as Ecosystem Partners...
Insurtech Australia to host ESG event next week
09 May 2022
Insurtech Australia will host an industry event on Insurtech and ESG in Sydney on May 17, examining the role the insurance tech sector has to play in environmental, social and governance issues...
Actuaries, not software engineers, behind insurtech push
02 May 2022
The roles of insurer Information Technology teams and management are changing and merging, with insurtechs increasingly being founded by actuaries and other industry veterans rather than tech experts, says Capco APAC Insurance Lead Emma Yang...
Worldwide insurtech investment slows after bumper year
02 May 2022
Global investment in insurtechs slowed to $2.2 billion in the first quarter, less than half of the previous corresponding period, the inaugural Global InsurTech Report from Gallagher Re says...
Employment Hero has second largest insurtech Q1 raise globally
02 May 2022
Sydney-based Employment Hero’s major funding round of $183 million in February was one of just five global insurtech “mega rounds” in the first quarter...
Trust in AI-driven car repair, claims soars
02 May 2022
Insurance customers are ready for digital options and industry decision makers are optimistic toward AI objectives, though more needs to be done to realise the value of tech for stakeholders and customers, industry heavyweight Solera says...
US agencies embrace Australian aerial imaging firm Nearmap
02 May 2022
ASX-listed Nearmap says its aerial imaging solution is being embraced by many US government organisations, including urban planning, transportation, emergency management, law enforcement and water resource management...
SME marketplace io.insure launches in Australia
26 April 2022
io.insure, a specialty insurance online marketplace for small and medium-sized mergers and acquisitions (M&A), has launched in Australia...
BizCover finds gap between SME risk awareness, cover
26 April 2022
Nearly a third of small business owners rank cyber crime, data breaches and fraud as a most concerning risk, particularly after covid disruption forced many to shift to digital, yet just 7% have cyber insurance, according to BizCover’s 2022 Small Business Bravery Report...
New Lloyd's syndicate okayed as Greenlight Re grows insurtech portfolio
26 April 2022
Greenlight Capital Re has received Lloyd’s approval for a new innovation underwriting syndicate which will provide insurance capacity to insurtechs within its growing portfolio of insurance tech partnerships...
UK regulator rule change encourages insurtech investment
26 April 2022
A new investment vehicle has listed on the London Stock Exchange to raise £150 million to acquire insurtechs...
Assurely, Unboxed partner on sneaker collector cover
26 April 2022
Sneaker enthusiast app Unboxed has partnered with insurtech Assurely to launch a solution designed to insure the collections of its “sneakerhead” members...
PetSure's GapOnly wins innovation award
11 April 2022
Hollard-owned PetSure’s on-the-spot in-clinic claiming platform GapOnly has won a Canstar Innovation Excellence Award...
Howden, Chubb use insurtech for freight cover 'transformation'
11 April 2022
London-based broker Howden and insurer Chubb have partnered with US software firm Redkik with the aim to use insurtech solutions to improve European cargo insurance...
Wearable health data platform joins Hannover Re hub
11 April 2022
WeFitter , an aggregator platform that stores data from popular fitness apps and wearable technology in a unified format for use by life and health insurers, has been added to Hannover Re’s Equarium innovation platform...