Brought to you by:

Insurtech

Fraud-prevention regtech FrankieOne raises $20 million

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...

CDR to boost insurance image: Insurtech Australia

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...

Latest tech to speed storm season claims lifecycle

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...

Emerging technology crucial for insurers to compete

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...

LI, AI and satellite 'space tech' to help cap insurer exposure

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...

KPMG, Coverpay partner with Insurtech Australia

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...

Insurtechs switch from attack to collaboration

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...

AI can be valuable recruitment 'co-pilot'

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...

IAG invests in real estate start-up Propper

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...

Xceedance launches digital claims TPA

27 September 2021

Insurance consulting firm Xceedance has launched a new digital claims third-party administrator featuring advanced and intelligent automation...

AI to be top tool as captured data volume rockets

20 September 2021

Rapid advancement in Artificial Intelligence technologies over the next decade will allow insurers to capitalise on the capture of vast swathes of digitised data from diverse sources, Finity says...

Underwriting agencies adopt intelligent tech

20 September 2021

Insurtech underwriting agency Blue Zebra Insurance aims to migrate all its existing products to a new platform before year-end under a long-term partnership with Xceedance...