insuranceNEWS.com.au - Insurtech

Gulf widens between innovators, laggards

Mon, 08 Dec 2025 03:41:28 GMT

Corporate “cultural inertia” is a major barrier to innovation and migration to modern, modular technology, a report from Insurtech Australia and Ernst & Young says...

AI tools trigger ‘massive drop’ in customer disputes at BizCover

Mon, 08 Dec 2025 03:41:22 GMT

BizCover says artificial intelligence is improving its operational and customer outcomes, including a reduction in internal dispute resolution cases...

IAG acts to end claims ‘triangle of confusion’

Mon, 08 Dec 2025 03:41:04 GMT

Brisbane insurtech Codafication’s platform has been selected to manage IAG property claims...

Lloyd’s hauls cargo theft coverage into cyber era

Mon, 08 Dec 2025 03:39:48 GMT

Lloyd’s Market Association has introduced an endorsement that “ensures [physical] theft remains a covered peril under marine cargo policies” when related to a cyber breach, according to Salt Marine Risks...

Manilla base gives Xceedance clients ‘follow the sun’ support

Mon, 08 Dec 2025 03:39:15 GMT

Xceedance has opened a hub in Manila to provide 24-hour support to more than 350 clients worldwide...

Hackers, AI rate among leading threats to industry

Mon, 01 Dec 2025 04:01:44 GMT

Cyber, technology and AI risks are “accelerating at a speed we haven’t seen before in the insurance industry”, according to PwC...

DXC honours new wave of innovators

Mon, 01 Dec 2025 04:01:35 GMT

Three insurtechs won awards at this year’s DXC Invitational contest for late-stage start-ups and scale-ups...

PitchLIVE looks for next big thing

Mon, 01 Dec 2025 04:01:25 GMT

The InsurtechLIVE26 pitch competition is open for applications until January 21...

Folio wins start-up award

Mon, 01 Dec 2025 04:01:15 GMT

Broker-first software as a service start-up Folio won insurtech of the year at last week’s New Zealand Insurance Industry Awards...

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...