insuranceNEWS.com.au - InsurtechGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auNo ‘regulatory void’ around AI harms, watchdog sayshttps://www.insurancenews.com.au/insurtech/no-regulatory-void-around-ai-harms-watchdog-sayshttps://www.insurancenews.com.au/insurtech/no-regulatory-void-around-ai-harms-watchdog-says<p>The Australian Securities and Investments Commission will use current laws to address harm caused by artificial intelligence, as debate continues over whether specific rules for the technology are needed...</p>Mon, 13 Oct 2025 03:20:22 GMTInsurance experts to feature at CyberConhttps://www.insurancenews.com.au/insurtech/insurance-experts-to-feature-at-cyberconhttps://www.insurancenews.com.au/insurtech/insurance-experts-to-feature-at-cybercon<p>Executives from WTW will be among speakers at the Australian Cyber Conference, or CyberCon, in Melbourne...</p>Mon, 13 Oct 2025 03:16:44 GMTCrooks target industry with ‘highly effective’ fake bank emailshttps://www.insurancenews.com.au/insurtech/crooks-target-industry-with-highly-effective-fake-bank-emailshttps://www.insurancenews.com.au/insurtech/crooks-target-industry-with-highly-effective-fake-bank-emails<p>Insurance is among the three most targeted industries in a scam involving criminals expertly impersonating Australia&rsquo;s large banks...</p>Mon, 13 Oct 2025 03:16:32 GMTFeedback sought on digital asset ruleshttps://www.insurancenews.com.au/insurtech/feedback-sought-on-digital-asset-ruleshttps://www.insurancenews.com.au/insurtech/feedback-sought-on-digital-asset-rules<p>The federal government has begun consultation on draft legislation regulating operators of platforms that hold digital assets on behalf of customers...</p>Mon, 13 Oct 2025 03:16:08 GMTUS investors pump $38 million into FurtherAIhttps://www.insurancenews.com.au/insurtech/us-investors-pump-38-million-into-further-aihttps://www.insurancenews.com.au/insurtech/us-investors-pump-38-million-into-further-ai<p>Silicon Valley venture capital group Andreessen Horowitz has invested $US25 million ($38.58 million) in Californian insurtech FurtherAI...</p>Mon, 13 Oct 2025 03:15:43 GMTBosses, boards ‘will be held to account’ on robo-hallucinationshttps://www.insurancenews.com.au/insurtech/bosses-boards-will-be-held-to-account-on-robo-hallucinationshttps://www.insurancenews.com.au/insurtech/bosses-boards-will-be-held-to-account-on-robo-hallucinations<p>Businesses enjoying the benefits of artificial intelligence should know they will be accountable for errors and instances of &ldquo;AI gone wrong&rdquo;, a legal expert says...</p>Mon, 06 Oct 2025 03:17:15 GMTIndustry grapples with GenAI cover as demand growshttps://www.insurancenews.com.au/insurtech/industry-grapples-with-gen-ai-cover-as-demand-growshttps://www.insurancenews.com.au/insurtech/industry-grapples-with-gen-ai-cover-as-demand-grows<p>As businesses embed generative AI into products, services and internal operations, demand is growing for insurance against risks such as defective outputs, copyright infringement and cyber breaches, according to a Geneva Association report...</p>Mon, 06 Oct 2025 03:17:04 GMTInsurtech Australia begins conference run-inhttps://www.insurancenews.com.au/insurtech/insurtech-australia-begins-conference-run-inhttps://www.insurancenews.com.au/insurtech/insurtech-australia-begins-conference-run-in<p>Early bird registration has opened for the InsurtechLIVE26 conference in Sydney...</p>Mon, 06 Oct 2025 03:16:46 GMTMachines falling short of ‘transformational’ impacthttps://www.insurancenews.com.au/insurtech/machines-falling-short-of-transformational-impacthttps://www.insurancenews.com.au/insurtech/machines-falling-short-of-transformational-impact<p>The benefits of AI in insurance are coming gradually and the technology has not yet &ldquo;transformed the industry&rdquo;, new research finds...</p>Mon, 06 Oct 2025 03:16:37 GMTSuncorp targets multilingual customer support through AIhttps://www.insurancenews.com.au/insurtech/suncorp-targets-multilingual-customer-support-through-aihttps://www.insurancenews.com.au/insurtech/suncorp-targets-multilingual-customer-support-through-ai<p>Suncorp says it will soon be able to communicate with customers in any language, as technology improves...</p>Mon, 29 Sep 2025 05:00:23 GMTCareful cabbies to secure cover rewardshttps://www.insurancenews.com.au/insurtech/careful-cabbies-to-secure-cover-rewardshttps://www.insurancenews.com.au/insurtech/careful-cabbies-to-secure-cover-rewards<p>Zurich is introducing a program for Hong Kong taxi drivers in which the insurance offered will depend on their safety ratings...</p>Mon, 29 Sep 2025 04:27:09 GMTZurich puts travel, motor policy details ‘at customer’s fingertips’https://www.insurancenews.com.au/insurtech/zurich-puts-travel-motor-policy-details-at-customer-s-fingertipshttps://www.insurancenews.com.au/insurtech/zurich-puts-travel-motor-policy-details-at-customer-s-fingertips<p>Zurich has introduced digital policy cards and travel alerts for customers across Australia, Singapore and Malaysia...</p>Mon, 29 Sep 2025 04:27:01 GMTArgentinian insurtech wins MetLife backinghttps://www.insurancenews.com.au/insurtech/argentinian-insurtech-wins-met-life-backinghttps://www.insurancenews.com.au/insurtech/argentinian-insurtech-wins-met-life-backing<p>MetLife has taken a 20% stake in embedded insurance group Klimber...</p>Mon, 29 Sep 2025 04:26:49 GMTEthos plans Nasdaq debuthttps://www.insurancenews.com.au/insurtech/ethos-plans-nasdaq-debuthttps://www.insurancenews.com.au/insurtech/ethos-plans-nasdaq-debut<p>Life insurance group Ethos Technologies has filed for a US initial public offer, with plans to trade on the Nasdaq...</p>Mon, 29 Sep 2025 04:26:40 GMTMachines tipped to take strain on ‘soul-crushing’ taskshttps://www.insurancenews.com.au/insurtech/machines-tipped-to-take-strain-on-soul-crushing-taskshttps://www.insurancenews.com.au/insurtech/machines-tipped-to-take-strain-on-soul-crushing-tasks<p>The proportion of insurance tasks performed solely by humans will drop to 25% by 2030 from 41% today, an expert from Steadfast says...</p>Mon, 22 Sep 2025 04:34:47 GMTAutomation slashes motor claim data entry timeshttps://www.insurancenews.com.au/insurtech/automation-slashes-motor-claim-data-entry-timeshttps://www.insurancenews.com.au/insurtech/automation-slashes-motor-claim-data-entry-times<p>UK motor insurer ERS says technology from software company TCG Process has cut manual first notice of loss data entry time from up to 25 minutes per claim to four...</p>Mon, 22 Sep 2025 04:34:37 GMTCurium summit aims to challenge compliance modelshttps://www.insurancenews.com.au/insurtech/curium-summit-aims-to-challenge-compliance-modelshttps://www.insurancenews.com.au/insurtech/curium-summit-aims-to-challenge-compliance-models<p>The Curium Risk and Compliance Summit has welcomed Argyle Insurance as an official sponsor and says the event in Sydney will bring compliance, legal, risk and claims professionals together...</p>Mon, 22 Sep 2025 04:34:25 GMTQBE invests in ‘gold standard’ platformhttps://www.insurancenews.com.au/insurtech/qbe-invests-in-gold-standard-platformhttps://www.insurancenews.com.au/insurtech/qbe-invests-in-gold-standard-platform<p>QBE Ventures has led a $US16 million ($24 million) funding round for third-party administrator Reserv...</p>Mon, 22 Sep 2025 04:33:58 GMTIndustry takes cautious approach to AIhttps://www.insurancenews.com.au/insurtech/industry-takes-cautious-approach-to-aihttps://www.insurancenews.com.au/insurtech/industry-takes-cautious-approach-to-ai<p>Insurers are proceeding slowly and carefully with artificial intelligence adoption, according to Moody&rsquo;s...</p>Mon, 15 Sep 2025 03:53:45 GMTAutomated analysis transforms GB call monitoringhttps://www.insurancenews.com.au/insurtech/automated-analysis-transforms-gb-call-monitoringhttps://www.insurancenews.com.au/insurtech/automated-analysis-transforms-gb-call-monitoring<p>Gallagher Bassett says it &ldquo;immediately saw several improvements&rdquo; after deploying insurtech Daisee&rsquo;s AI sentiment analysis tool...</p>Mon, 15 Sep 2025 03:53:38 GMT