insuranceNEWS.com.au - Insurtech

Institute to host AI panel discussion

Mon, 07 Oct 2024 01:47:33 GMT

The Australian and New Zealand Institute of Insurance and Finance’s general insurance breakfast will explore the benefits and limitations of artificial intelligence in the industry...

Governments to use FloodMapp intelligence

Mon, 07 Oct 2024 01:47:16 GMT

Geoscience Australia will offer FloodMapp tools to state and federal government agencies...

Cover-More teams with BOXX on cyber protection

Mon, 07 Oct 2024 01:46:56 GMT

Zurich-owned travel insurer Cover-More has engaged Canada’s BOXX to provide its policyholders with cybersecurity support and insurance...

Popular apps expose insurers to malware

Mon, 07 Oct 2024 01:46:11 GMT

The top three apps being abused to deliver malware in the insurance industry are GitHub, OneDrive and SharePoint, according to Netskope Threat Labs...

First bitcoin-denominated cover launches

Mon, 07 Oct 2024 01:45:45 GMT

Relm Insurance has launched business interruption cover for bitcoin miners, in what it says is the first bitcoin-denominated insurance product...

AI-driven claims process advances set to accelerate

Mon, 30 Sep 2024 04:56:41 GMT

Artificial intelligence implementation to improve the claims process is likely to become significant in the local insurance industry within the next five years, IAG executive manager analytics and AI Willem Paling says...

Covertech offers manual quoting tool

Mon, 30 Sep 2024 04:56:26 GMT

Covertech Australia has launched a new version of its Proceso platform and an AI-assisted library called Coverdata...

Honey’s Joffe joins DroneShield board

Mon, 30 Sep 2024 04:56:14 GMT

Honey founder Richard Joffe is one of two new independent non-executive directors on DroneShield’s board...

Clover wins fast growth award

Mon, 30 Sep 2024 04:56:03 GMT

Technology-led underwriting agency Clover Insurance Australia has won the award for fastest growing financial services company at the Pemba Summit Awards...

Suncorp welcomes new NZ tech chief

Mon, 23 Sep 2024 03:22:36 GMT

Suncorp New Zealand has appointed Debbie Mills as national EGM technology, effective from November...

Officetech brought under Javln brand banner

Mon, 23 Sep 2024 03:22:16 GMT

Javln’s Officetech product will undergo a brand refresh to help integrate it into the main business’ operations...

New funding injection for actuarial platform

Mon, 23 Sep 2024 03:21:51 GMT

Insurance pricing platform Akur8 has raised $US120 million ($176 million), including further backing from previous investor Guidewire Software...

NSW invests in back-up communications links for disasters

Mon, 23 Sep 2024 03:21:13 GMT

The NSW government has committed $5 million to ensure residents remain connected to internet and telecommunication services during bushfires...

Ex-Suncorp duo start insurtech private equity firm

Mon, 16 Sep 2024 04:30:24 GMT

Two former Suncorp executives have founded RS Insurance Ventures, a private equity investment firm focused on innovative companies in Australia...

FMA to host AI roundtable as it ‘shapes framework’

Mon, 16 Sep 2024 04:30:09 GMT

New Zealand’s Financial Markets Authority will hold a roundtable to explore how artificial intelligence is used in the financial services industry and how insurers and lenders are managing risks...

HDI’s international arm to use genAI

Mon, 16 Sep 2024 04:29:39 GMT

HDI Global is rolling out a proprietary generative AI tool across its international programs division...

Compass IOT makes finals of US pitch contest

Mon, 16 Sep 2024 04:29:14 GMT

Sydney-based Compass IOT has been selected to compete at ITC Vegas in the annual State Farm start-up pitch competition...

Public-private action urged to ‘close cyber gap’

Mon, 09 Sep 2024 04:33:53 GMT

The insurance industry and public sector should join forces to build resilience to catastrophic cyber events, according to a report from Zurich and Marsh McLennan...

NIBA conference to host AI pitch battle

Mon, 09 Sep 2024 04:33:34 GMT

Insurtech Australia CEO Simone Dossetor will moderate a “thrilling Shark Tank-style session” at the National Insurance Brokers Association Convention next month...

Car tech advances ‘complicate claims landscape’

Mon, 09 Sep 2024 04:33:09 GMT

Uptake of autonomous vehicles may require more robust reserving strategies by reinsurers to manage claims, Howden Re says...