insuranceNEWS.com.au - Insurtech

AI trial provides blueprint for future, Allianz says

Mon, 24 Nov 2025 04:13:10 GMT

Allianz has used agentic AI for the first time to better manage Australian food spoilage claims and is now looking to roll out the tech to other countries and product lines...

Nation’s start-ups advance from ‘hustle to confidence’

Mon, 24 Nov 2025 04:13:02 GMT

Insurtech Australia’s annual survey of more than 100 members has found many start-ups have increased revenue, added capital from private investors and entered new markets...

ID security crucial for cyber insurers

Mon, 24 Nov 2025 04:12:53 GMT

Cloud platform Delinea says insurers are placing greater importance on businesses’ ability to manage user identity and security...

Customers keen but cautious on GenAI, research finds

Mon, 24 Nov 2025 02:21:53 GMT

About 80% of insurance customers approve or are neutral about insurers using generative AI in their interactions, according to a Geneva Association study...

CPA calls for cybersecurity investments to follow AI boom

Mon, 17 Nov 2025 03:50:36 GMT

Accounting body CPA Australia has warned that increased adoption of artificial intelligence will bring a wave of heightened risk if financial businesses fail to provide matching cybersecurity support...

Cryptographic security keys ‘lock out human weakness’

Mon, 17 Nov 2025 03:50:28 GMT

Insurers are being urged to ditch legacy authentication methods such as passwords and SMS two-factor authentication that can be intercepted, phished or stolen...

SSP Asia-Pacific MD takes wider role

Mon, 17 Nov 2025 03:50:13 GMT

Stuart Redfearn has been promoted to the global role of MD – insurer at software group SSP, based in the UK...

DAS rural property data on Guidewire interface

Mon, 17 Nov 2025 03:50:03 GMT

Rural insurers can now integrate Digital Agriculture Services’ satellite-derived data sets directly within Guidewire’s PolicyCenter platform...

Investors shy away from ‘high-risk’ mega-rounds

Mon, 10 Nov 2025 03:34:47 GMT

Global insurtech funding totalled $US1.01 billion ($1.57 billion) in the third quarter, down 8% from the second quarter...

Claims automation can be ‘risk multiplier’

Mon, 10 Nov 2025 03:34:39 GMT

Automation designed to streamline claims handling can inadvertently introduce risks such as communication failures and lack of alignment between teams, the Australian Financial Complaints Authority warns...

Contest offers chance to pitch in with DXC

Mon, 10 Nov 2025 03:34:25 GMT

DXC Technology is inviting insurtech start-ups to enter its Invitational competition, involving a series of online workshops and a pitch contest...

‘Guaranteed’ cybersecurity wins Lloyd’s backing

Mon, 10 Nov 2025 03:34:12 GMT

Sydney-based Tide Foundation has partnered with Lloyd’s-backed underwriter Becco to insure companies adopting its “guaranteed cybersecurity” system...

‘Bittersweet’ for Butter boss as buyout completed

Mon, 10 Nov 2025 03:33:57 GMT

An undisclosed buyer has acquired Sydney-based insurtech Butter, which provides single-item subscription cover for possessions such as phones, ear pods, watches and laptops...

Guidewire buys Canadian incubator graduate

Mon, 10 Nov 2025 03:33:39 GMT

Guidewire will acquire ProNavigator, a Canadian insurance start-up that participated in the software group’s Insurtech Vanguards incubator program...

Ransom payers marked as ‘profitable targets’

Mon, 03 Nov 2025 01:19:28 GMT

CrowdStrike says paying a cyberattack ransom does not guarantee crooks will not leak data or strike again – casting doubt on complying with such criminal demands...

How ‘fabric’ patches together old data

Mon, 03 Nov 2025 01:19:18 GMT

New data fabric technology allows insurers to gradually modernise their legacy system “patchworks” without a complete overhaul, Appian says...

Kanopi to host roundtable on agentic AI

Mon, 03 Nov 2025 01:19:00 GMT

Insurtech Kanopi and software group Endava will host a webinar examining how AI systems capable of autonomous decision-making are poised to reshape insurance...

Guidewire launches pricing system

Mon, 03 Nov 2025 01:18:49 GMT

Guidewire says its new PricingCenter tool enables general insurers to make price changes quickly and with greater precision...

Motor insurers take lead on AI, study shows

Mon, 27 Oct 2025 02:57:36 GMT

Artificial intelligence is widely used in motor operations by insurers in Asia-Pacific countries, a Moody’s survey has found...

Data system ‘you can talk to’ launches

Mon, 27 Oct 2025 02:57:29 GMT

Insurance technology group BAIS says its iBAIS 3.0 tool, featuring advanced speech and AI capability, is available now and makes it easier for brokers and underwriting agencies to “bring data to life”...