insuranceNEWS.com.au - Insurtech

Industry takes cautious approach to AI

Mon, 15 Sep 2025 03:53:45 GMT

Insurers are proceeding slowly and carefully with artificial intelligence adoption, according to Moody’s...

Automated analysis transforms GB call monitoring

Mon, 15 Sep 2025 03:53:38 GMT

Gallagher Bassett says it “immediately saw several improvements” after deploying insurtech Daisee’s AI sentiment analysis tool...

‘Incredibly proud’: Simfuni hails NZ award win

Mon, 15 Sep 2025 03:53:26 GMT

Auckland-based Simfuni has won the Financial Service Council of New Zealand’s innovation of the year award...

Lloyd’s Lab welcomes ‘bold thinkers’ to latest cohort

Mon, 15 Sep 2025 03:53:08 GMT

Twelve start-ups have been selected for the 15th cohort of the Lloyd’s Lab following a pitch day...

AI ‘firefighter’ takes aim at battery blazes

Mon, 15 Sep 2025 03:52:54 GMT

Australian start-up Autonomous Fire Systems has developed a guard against costly blazes at waste management hubs...

Finity helps gauge climate impact on investments

Mon, 15 Sep 2025 03:52:35 GMT

Finity says it can provide Australian insurers with advanced quantitative climate scenario analysis under a partnership with Ortec Finance...

EXL partners on ‘smarter, faster path to modernisation’

Mon, 15 Sep 2025 03:52:15 GMT

EXL and InsureMO say they will help insurers worldwide launch new products faster, cut costs and modernise core systems without disruption under a new partnership...

Lloyd’s ‘resets expectations’ amid fresh delay to tech overhaul

Mon, 08 Sep 2025 03:38:05 GMT

Lloyd’s has flagged further delays to its Blueprint Two digital transformation, warning of “cost implications” as the market keeps its old systems running until at least 2030...

QBE hunts for next data chief

Mon, 08 Sep 2025 03:37:40 GMT

QBE’s executive team has a shortlist of candidates to replace Sonya Crosby, who is returning to New Zealand after two years in Sydney as chief data and analytics officer...

Markel, Willis partner with racehorse medicine register

Mon, 08 Sep 2025 03:37:19 GMT

Clients of racehorse health group Equine MediRecord will be offered Markel equine mortality insurance under a new partnership...

ICEYE adds quake and fire detection

Mon, 08 Sep 2025 03:32:19 GMT

Satellite imagery group ICEYE says its multiperil change detection capabilities have expanded with the addition of earthquake and fire data insights...

Melbourne to host fintech conference

Mon, 01 Sep 2025 04:34:24 GMT

FinTech Australia’s Intersekt 2025 event will be held in Melbourne from September 17-18...

LM Re helps shake up quake cover

Mon, 01 Sep 2025 04:34:12 GMT

Capacity from Liberty Mutual Reinsurance is backing ShakeNet Parametric, a new earthquake cover available worldwide...

Las Vegas pitch contest unveils finalists

Mon, 01 Sep 2025 04:34:01 GMT

Ten insurance ventures will take the stage at ITC Vegas next month to present their tech solutions in the annual State Farm Startup Pitch Competition...

Parametric group raises $12 million

Mon, 01 Sep 2025 04:33:41 GMT

US-based Sola has raised $US8 million ($12 million) in a funding round led by Fintop Capital and Jam Fintop, with participation from 10vc and Georgia Tech...

AI requires ‘careful stewardship’: ICA

Mon, 25 Aug 2025 04:15:52 GMT

Artificial intelligence can address some of the most pressing issues facing the insurance sector, but safeguards must be in place, according to the Insurance Council of Australia...

‘Foundational work’ on new tech paying off, Suncorp says

Mon, 25 Aug 2025 04:15:41 GMT

Suncorp chief information officer Adam Bennett says tech modernisation over the past year has laid a foundation for providing better customer outcomes...

Fetch brings in funds, looks to expand team

Mon, 25 Aug 2025 04:15:27 GMT

Pet cover insurtech Fetch has raised more funding and is recruiting for various roles...

‘Fair amount of anxiety’: Hollard achieves complex data shift

Mon, 25 Aug 2025 04:14:53 GMT

Hollard has undertaken a large-scale data migration, involving IT systems and platforms of various ages...

Scottish AI broker raises $2 million

Mon, 25 Aug 2025 04:14:20 GMT

Insurtech broker Meshed has raised £950,000 ($1.98 million) in a funding round backed by Aviva, Haatch and other investors...