25 October 2021
IAG has sponsored a new Australian Responsible AI Index, launched by the Ethical AI Advisory and Gradient Institute, which finds fewer than one in 10 Australia-based organisations have a mature approach to deploying responsible and ethical artificial intelligence...
25 October 2021
Jewellery and niche insurance claims expert Independent Validation Advisory Australia says its proprietary cloud-based software Loupe helped it diversify into insurance categories outside its jewellery portfolio as it developed digital tools with service providers to help insurers manage claims...
18 October 2021
Australian firms have a backlog of digital transformation projects which unsustainably dwarf IT budgets, new research finds...
18 October 2021
Insurtechs Blue Zebra and Precision Autonomy have joined forces to provide commercial drone insurance through the broking channel, in response to growing demand as usage of the remotely piloted devices soars...
18 October 2021
Hollard-backed Open Insurance has won this year’s Excellence in Insurtech category, which is sponsored by IAG Firemark Ventures, at the FinTech Australia Finnie Awards...
18 October 2021
Melbourne-based FrankieOne, a regtech platform that connects insurers and banks to hundreds of global identity and fraud-monitoring providers, has successfully closed an oversubscribed $20 million round to fund its offshore expansion...
11 October 2021
Extending the Consumer Data Right regime to insurers could help address the industry’s “major image problem with consumers” and tackle the challenge of underinsurance with greater transparency, clarity of options and understanding of what is being covered, Insurtech Australia says...
11 October 2021
New aerial and virtual inspection capabilities will speed response times and compress the insurance claim lifecycle as Australia braces for more tropical cyclones than average this season, Crunchwork Co-founder and CEO Daniel Sandaver says...
11 October 2021
The insurance sector can reap substantial results right away from new business process management technologies which streamline systems and improve accuracy and customer service, Stelvio Australia says...
11 October 2021
The convergence of location intelligence, artificial intelligence and improved satellite technology, known collectively as “space tech”, is opening new opportunities in insurance and other industries such as logistics and agriculture...
11 October 2021
Insurtech Australia has welcomed KPMG as a new ecosystem partner while insurtech Coverpay is a new member after a recent capital raise ahead of launching its “buy now, pay later” insurance proposition to market...
04 October 2021
Insurtechs are now focused on “collaboration instead of attacking,” though lofty valuations and easy funding may result in a trend toward “reverse takeovers” of insurance market incumbents by newer entrants, experts at McKinsey say...
04 October 2021
Australia-based insurtech Cover Genius is aiming to further expand its global presence after raising $100 million from investors, including Japan’s insurance group Sompo Holdings...
04 October 2021
Coverpay is rolling out a “buy now, pay later” option for general insurance from this month, extending the concept from the retail sector...
04 October 2021
Leaders and companies have emerged from the COVID pandemic recognising that reaping the benefits of a strong economy requires embracing innovation, Aon says...
04 October 2021
Equisoft is holding a LinkedIn Live event this week for those unable to attend this year’s Insurtech Connect Vegas conference in person...
27 September 2021
Artificial Intelligence can cut through bias and create “true democracy” for insurers sifting through candidates when hiring new team members, attendees at a Dive In festival event hosted by AIG, Marsh & DXC Technology heard...
27 September 2021
IAG Firemark Ventures, the insurer’s venture capital fund, has invested in Propper, a local “proptech” start-up using technology to provide property management and maintenance services at a lower cost...
27 September 2021
Insurance consulting firm Xceedance has launched a new digital claims third-party administrator featuring advanced and intelligent automation...
27 September 2021
Insurtech Honey Insurance will provide new customers with smart home sensors under an agreement with technology firm Notion...