insuranceNEWS.com.au - Insurtech

Insurtech Australia enters UK partnership

Mon, 04 Dec 2023 02:22:58 GMT

Insurtech Australia and Insurtech UK have signed a Memorandum of Understanding to jointly advocate for startups and technology to transform the insurance industry...

Xceedance seeks Generative AI insurtech collaborators

Mon, 04 Dec 2023 02:22:29 GMT

Consulting and technology firm Xceedance is canvassing ideas from insurance industry participants to find use cases to explore in a new Generative AI Centre of Excellence...

Financial services startups look beyond Australia

Mon, 04 Dec 2023 02:21:45 GMT

Limited local capital and complex regulatory hurdles are increasingly tempting local financial services startups to focus their efforts offshore...

Moodflx, Airdocs win DXC Invitational

Mon, 04 Dec 2023 02:21:17 GMT

This year’s DXC Invitational insurtech competition has been won by Moodflx and Airdocs...

Amelio Health selected for Global Insurance Accelerator program

Mon, 04 Dec 2023 02:20:46 GMT

Sydney-based Amelio Health says it is the only Australian company selected for the 2024 Global Insurance Accelerator program, which provides seed funding, mentoring and office services in Des Moines Iowa, with 100-days of on-site support...

ZestyAI, Cytora partner on property risk assessment

Mon, 04 Dec 2023 02:20:13 GMT

Insurtech ZestyAI has agreed a new partnership with digital risk processing platform Cytora to support commercial property underwriting with its severe weather event data...

Tech-shunning insurers ‘face extinction’

Mon, 27 Nov 2023 02:07:34 GMT

An ability to adopt a coming wave of insurtech will be key to survival for insurance industry firms, Frazer Walker Partners Ian Chisholm and Nick Careless say, while insurers that don’t embrace technology “face extinction”...

Insurtech Australia welcomes new board members

Mon, 27 Nov 2023 02:06:43 GMT

The board of Insurtech Australia has elected three new members...

DXC Invitational pitch night to be held tomorrow

Mon, 27 Nov 2023 02:06:12 GMT

A pitch night for finalists in DXC Technology’s 2023 DXC Invitational will be held in Sydney tomorrow evening, and live streamed...

Marsh staff save eight hours a week with new LenAI tool

Mon, 27 Nov 2023 02:05:13 GMT

Marsh McLennan has launched a new Generative AI tool called LenAI for its 85,000 global workforce, and says staff are reporting savings of eight work hours a week on average, and 20% less time spent on simple and repetitive tasks...

Cover Genius partners with Scandinavian airline SAS

Mon, 27 Nov 2023 02:04:32 GMT

Cover Genius has added airline SAS to the growing list of firms deploying its XCover embedded insurance platform...

InsurtechLIVE24 early bird registration opens

Mon, 20 Nov 2023 02:38:05 GMT

Insurtech Australia is offering early bird discounts to its annual InsurtechLIVE event, to be held in Sydney on February 13...

Cara Morton appointed Zurich Global Ventures CEO

Mon, 20 Nov 2023 02:37:12 GMT

Cover-More Group is to recruit a new Group CEO after the appointment of Cara Morton as Zurich Global Ventures Chief, effective February...

Former local Swiss Re head joins insurtech RETJA

Mon, 20 Nov 2023 02:36:40 GMT

Swiss Re’s former Australia and New Zealand operations head Mark Senkevics has taken a role on the advisory board at insurtech RETJA after departing the reinsurer on June 30 after two decades...

Chubb creates portal for Chubb Studio client IT teams

Mon, 20 Nov 2023 02:36:08 GMT

Chubb has launched a new developer portal to make it easier for technology teams at clients of its embedded insurance division, Chubb Studio...

Insurtechs ignore insurance fundamentals at their peril: Gallagher Re

Mon, 13 Nov 2023 03:11:02 GMT

To be successful, insurtechs must understand that insurance is unique and fundamentally different to industries such as manufacturing where fixed costs “vastly outweigh” variable marginal costs, Gallagher Re says...

BAIS hires Head of Commercial and Product

Mon, 13 Nov 2023 03:10:26 GMT

BAIS insurance technology has appointed Christopher Hatzidis to the newly created position of Head of Commercial and Product...

Insurtech Australia welcomes new members Mrty, RETJA

Mon, 13 Nov 2023 03:08:43 GMT

Insurance startups Mrty and RETJA are the latest Insurtech Australia members...

Allianz invests in US insurtech NEXT

Mon, 13 Nov 2023 03:07:53 GMT

Allianz’s digital investments arm Allianz X has invested in California-based insurtech NEXT Insurance alongside US insurer Allstate, with combined funding of $US265 million..

Mapizy joins WA Indonesia Connect Roadshow

Mon, 13 Nov 2023 03:07:18 GMT

Insurtech Mapizy was part of this year’s WA Government Indonesia Connect Roadshow 2023 delegation, attending under the "creative industry and digital economy” stream...