insuranceNEWS.com.au - Insurtech

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...

QBE eyes AI gains in underwriting, claims

Mon, 18 Aug 2025 04:37:27 GMT

QBE is looking to reap more benefits from artificial intelligence after introducing it to assist underwriting on a limited scale, group CEO Andrew Horton says...

Tech central to operational change: Suncorp

Mon, 18 Aug 2025 04:37:20 GMT

Suncorp has more than 100 artificial intelligence and machine learning models in production as it increases its use of the technology...

‘Signal to the market’ as Simfuni attracts VC funding

Mon, 18 Aug 2025 04:37:09 GMT

New Zealand’s Simfuni has closed a $NZ3 million ($2.73 million) venture capital raise led by Icehouse Ventures...

Incubator adds London broking licence

Mon, 18 Aug 2025 04:36:58 GMT

Insurtech Gateway has acquired a Lloyd’s broker licence and is now authorised to trade in the market...

AI investment ‘points to innovation shortfall’

Mon, 11 Aug 2025 04:32:29 GMT

Gallagher Re says the $US15 billion ($26 billion) spent by insurance businesses on AI-related technologies since 2012 casts doubt on whether the industry is adequately investing in “once-in-a-generation technology that is ignored at our peril”...

Insurers too slow on artificial intelligence, KPMG says

Mon, 11 Aug 2025 04:32:18 GMT

KPMG has warned insurers to “pick up the pace” in adopting artificial intelligence...

Upcover adds cyber for those with ‘most to lose’

Mon, 11 Aug 2025 04:31:35 GMT

Commercial insurance broking insurtech Upcover has partnered with Coalition to launch a self-serve cyber product...

Entsia reveals new look

Mon, 11 Aug 2025 04:31:22 GMT

Insurtech Entsia has refreshed its branding and redesigned its website for easier navigation...

Jewellery claim assessor wins pitch battle

Mon, 04 Aug 2025 04:24:09 GMT

Brisbane-based IVAA Claims has been crowned winner of the Beyond the Buzzwords pitch contest...

Sedgwick tech speeds motorway mass damage claims

Mon, 04 Aug 2025 04:23:36 GMT

Almost all claims from a major cargo spill on the M1 Pacific Motorway in NSW have been closed within three months with the help of innovative technology...

FreightInsure ships product to NZ

Mon, 04 Aug 2025 04:23:23 GMT

Embedded goods-in-transit cover from FreightInsure is now available in New Zealand...