insuranceNEWS.com.au - Insurtech

Fortescue’s Elysia enters Lloyd’s Lab

Mon, 09 Mar 2026 03:51:54 GMT

Twelve start-ups have been selected for the 16th cohort of the Lloyd’s Lab following a pitch day, including software group Elysia, owned by Australian mining giant Fortescue...

Codafication heads abroad as claims tech ‘in vogue’

Mon, 09 Mar 2026 02:56:23 GMT

Brisbane insurtech Codafication plans to expand overseas amid stricter regulation of claims handling...

Insiders drive growth in cyber breaches

Mon, 09 Mar 2026 02:26:43 GMT

Organisations face increased risk from malicious insiders and need to consider how data is flowing between their systems if they are to thwart cybercriminals, according to digital security specialist Mimecast...

‘Scales tip towards defenders’ in ransomware battle

Mon, 09 Mar 2026 02:26:11 GMT

A small minority of businesses agreed to pay up as ransomware demands surged last year, according to the latest Cyber Claims Report from US insurer Coalition...

Policy wordings written for ‘pre-AI world’

Mon, 02 Mar 2026 03:55:45 GMT

A survey by Gallagher has found one in five insurance industry professionals say a client experienced loss or claims due to AI-related risks in the past year, yet most policies do not explicitly address such threats...

Manual fraud controls ‘missing scams, slowing payouts’

Mon, 02 Mar 2026 03:55:37 GMT

Outdated payment systems and manual processes limit insurers’ detection of fraud, which features in up to 24% of claims, Dutch payment group Adyen warns...

Study reveals gap in defence against sophisticated cybercriminals

Mon, 02 Mar 2026 03:55:26 GMT

Only one in five chief information officers say they are highly effective at defending against cyberattackers using AI, a survey has found...

Insurtechs ‘pose biggest threat’ to incumbents

Mon, 02 Mar 2026 03:55:17 GMT

Amazon and Tesla are considered less of a threat to insurance providers than insurtechs, a GlobalData survey has found...

Curium warns on regulatory change ‘blind spot’

Mon, 02 Mar 2026 03:55:01 GMT

Recent regulatory changes signal heightened attention on conflicts of interest and remuneration, according to Curium...

Conference hears ‘pro-compliance case for deploying AI’

Mon, 23 Feb 2026 03:48:09 GMT

Artificial intelligence should be viewed as a tool to improve regulatory compliance and not be positioned solely as a risk, insurtech founder Steve Hind says...

InsurAI wins pitch comp with ‘clunky dashboard’ alternative

Mon, 23 Feb 2026 03:47:59 GMT

Hobart start-up InsurAI has been crowned winner of this year’s InsurtechLIVE pitch contest...

Local tech powers Smart solutions

Mon, 23 Feb 2026 03:47:50 GMT

Australia is “leading the way in a number of areas” when it comes to improving conversations with customers in heavily regulated industries such as insurance, the CEO of Smart Communications says...

Tracker steers coverage through pirate-infested waters

Mon, 23 Feb 2026 03:47:37 GMT

CFC has launched a smart tracking feature for cargo ships to protect against the growing risk of piracy...

Tech funding ‘rebounds’ as AI interest grows

Mon, 16 Feb 2026 02:44:49 GMT

Investors pumped about $US5.08 billion ($7.17 billion) into insurance start-ups worldwide last year, up 19.5% on 2024, according to Gallagher Re...

InsurtechLIVE reveals pitch contest finalists

Mon, 16 Feb 2026 02:44:29 GMT

Four insurance start-ups have been selected for a pitch competition at InsurtechLIVE26 this week...

Emergence strengthens SME cyber policy wording

Mon, 16 Feb 2026 02:44:14 GMT

Emergence Insurance has released new cyber event protection policy wording...

Policy pass puts support ‘in travellers’ pockets’

Mon, 16 Feb 2026 02:43:57 GMT

Travel insurer 1Cover has launched a digital pass that helps policyholders access essential documentation while on the road...

Zurich brings Cowbell cyber offer to Australia

Mon, 09 Feb 2026 03:35:28 GMT

Zurich has launched a cyber insurance product for Australian businesses in collaboration with US specialist Cowbell...

ASIC’s insurance innovation initiatives ‘ineffective’

Mon, 09 Feb 2026 03:35:14 GMT

The corporate regulator’s attempts to encourage innovation have “not made an impact” on the insurance industry, Insurtech Australia says...

Coalition’s deepfake response added to Upcover

Mon, 09 Feb 2026 03:35:06 GMT

Commercial insurance platform Upcover has added a Coalition service designed for clients hit by AI-generated deepfakes that lead to fraud or brand damage...