Insurtech co-founder joins start-up's board
11 April 2022
Rita Yates, the co-founder of Insurtech Australia, has joined the board of advice of start-up company LifeBid...
Insurtech
Honey to offer home cover to BOQ customers in latest partnership
04 April 2022
Honey Insurance has won the rights to distribute its home and contents cover to Bank of Queensland’s 400,000 customers...
Tapanda trims car hire, third party claim costs for insurers
04 April 2022
Melbourne-based Tapanda says it keeps a lid on the cost of third-party claims and car hire costs for insurers via 15 bespoke services offered to the insurance and fleet sectors...
Insurtech Australia seeks Partnership Manager as member numbers grow
04 April 2022
Insurtech Australia welcomed four new members last month and is growing its team, undergoing a search for a new Partnership Manager...
Tech bridges gap between internal processes and insurer suppliers: Stelvio
04 April 2022
Insurers are increasingly turning to insurtech providers in order to bridge the gap between internal processes and suppliers, Stelvio Australia’s GM Yannick Giguère says...
Insurtech AuditCover 'evens playing field' with high-tech ATO
28 March 2022
HDI-backed insurtech AuditCover has closed a $1.7 million seed round and says its platform evens the playing field between the average tax payer and the tax office, which has edged far ahead in data and technology capability...
Kanopi calls for working group to speed CDR rollout
28 March 2022
Insurtech Kanopi is calling on the government and industry to establish a working group tasked with seeing Consumer Data Right services are rolled out this year...
Overlooking loss ratio behind insurtech underperformers
28 March 2022
Loss ratio performance can give the best insight into how successful an insurtech may be and is an increasingly accurate metric as insurance products become personalised, Insurtech Gateway Australia CEO Simon O’Dell says...
Hannover Re opens its global insurtech innovation platform to all
28 March 2022
Hannover Re has opened its HR Equarium innovation platform to all interested parties to give more insurers direct access to worldwide insurtechs and a large pool of innovations...
CFC revamps tech and media company cover
28 March 2022
CFC Underwriting has revised its wordings for media company cover to reflect new exposures presented by changes in technology...
Sanctions check solution created for insurers as Ukraine situation worsens
21 March 2022
Sydney-based Ben Webster, the co-founder of insurtech Agile Underwriting Services, has designed a cost-effective way to manage sanctions checks especially for the insurance industry...
Resolution Life, io.insure join Insurtech Australia
21 March 2022
Insurtech Australia says Resolution Life Australasia and io.insure have joined the organisation as ecosystem partner...
'Potential inaccuracy': Choice says insurtech AI is leap of faith
21 March 2022
Consumer group Choice is warning Australians to consider the data privacy risks of data-driven insurance offered by insurtechs before switching policies...
Appian says new process mining technology can unify legacy systems
21 March 2022
Insurers can take advantage of “process mining” to improve claims handling and uncover claims leakage, bottlenecks and inefficiencies by using artificial intelligence to gather millions of data points from existing systems, US software company Appian says...
Freight insurtech Loadsure secures funding
21 March 2022
Loadsure, an international insurtech Managing General Agent and Lloyd’s coverholder, has closed an $US11 million Series A funding round, backed by Insurtech Gateway, MMC Ventures and US-based maritime, energy and logistics firm Crowley...
Minimising harm critical in big data era: actuaries
14 March 2022
Minimising harm and providing safety nets will be critical as the digital transformation of Australia’s economy shifts risks, the Actuaries Institute says...
Codafication, FloodMapp combine on disaster claims
14 March 2022
Codafication says its Crunchwork platform in combination with FloodMapp technology is offering insurers and flood crews real-time automation, mapping and claim triaging to speed response times during the Queensland and NSW catastrophe...
Hollard calls in LastPass to beef up cyber security
14 March 2022
Hollard has introduced online security manager LastPass’s centralised password management system to bolster its cyber protection and help employees maintain complex passwords across multiple systems...
'100 years in hands of claims managers'
14 March 2022
NYSE-listed Genpact says its partnership with Claim Genius is providing a crucial “claims triage” and optimising decision-making with the backing of a century of claims data as insurers battle over 100,000 claims from this month’s flood catastrophe, eclipsing bushfire claims from the 2019-20 summer...
Swiss Re partners tech company to offer clients smart health coach services
14 March 2022
Swiss Re says it has entered into a partnership with dacadoo, a Zurich-based health and technology business...