insuranceNEWS.com.au - InsurtechGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auCryptographers urged to be ‘quantum-ready’https://www.insurancenews.com.au/insurtech/cryptographers-urged-to-be-quantum-readyhttps://www.insurancenews.com.au/insurtech/cryptographers-urged-to-be-quantum-ready<p>Experts in &ldquo;classical&rdquo; cybersecurity will need to quickly pivot to tackling threats posed by quantum computing, academics at Monash University say...</p>Mon, 01 Jun 2026 04:10:13 GMTIndustry body adds partnerships leadhttps://www.insurancenews.com.au/insurtech/industry-body-adds-partnerships-leadhttps://www.insurancenews.com.au/insurtech/industry-body-adds-partnerships-lead<p>Lasya Rao has been appointed program and tech partnerships lead at Insurtech Australia...</p>Mon, 01 Jun 2026 04:10:05 GMTSSP unveils product creation toolhttps://www.insurancenews.com.au/insurtech/ssp-unveils-product-creation-toolhttps://www.insurancenews.com.au/insurtech/ssp-unveils-product-creation-tool<p>Software group SSP has launched a platform for underwriters, product managers and claims teams that it says cuts product creation cycles from months to days...</p>Mon, 01 Jun 2026 04:09:54 GMTTravel platform ‘monetises post-sale behaviour’https://www.insurancenews.com.au/insurtech/travel-platform-monetises-post-sale-behaviourhttps://www.insurancenews.com.au/insurtech/travel-platform-monetises-post-sale-behaviour<p>A new group travel medical cover platform has been launched by US-based Core Travel Insurance...</p>Mon, 01 Jun 2026 04:08:46 GMTWatchdog to avoid ‘prescriptive approach’ on tech advanceshttps://www.insurancenews.com.au/insurtech/watchdog-to-avoid-prescriptive-approach-on-tech-advanceshttps://www.insurancenews.com.au/insurtech/watchdog-to-avoid-prescriptive-approach-on-tech-advances<p>Australian Securities and Investments Commission chair Joe Longo says &ldquo;good regulation&rdquo; is vital as technology drives financial services innovation...</p>Mon, 25 May 2026 04:21:26 GMTSimfuni unveils claims management toolhttps://www.insurancenews.com.au/insurtech/simfuni-unveils-claims-management-toolhttps://www.insurancenews.com.au/insurtech/simfuni-unveils-claims-management-tool<p>Life insurance technology provider Simfuni has launched a claims management automation platform, completing its end-to-end digital offering...</p>Mon, 25 May 2026 04:20:11 GMTEpsilon eyes parametric flood option for stratahttps://www.insurancenews.com.au/insurtech/epsilon-eyes-parametric-flood-option-for-stratahttps://www.insurancenews.com.au/insurtech/epsilon-eyes-parametric-flood-option-for-strata<p>Parametric flood cover is taking off among Australian businesses such as manufacturers and may become available for residential strata properties, according to Epsilon Underwriting...</p>Mon, 25 May 2026 04:19:57 GMTAI conversation ‘replaces menus, wizards’https://www.insurancenews.com.au/insurtech/ai-conversation-replaces-menus-wizardshttps://www.insurancenews.com.au/insurtech/ai-conversation-replaces-menus-wizards<p>A new AI agent from Melbourne company Affinda allows a conversation to replace menus and multi-step set-up wizards during document automation workflow...</p>Mon, 25 May 2026 04:19:45 GMTCowbell names local managerhttps://www.insurancenews.com.au/insurtech/cowbell-names-local-managerhttps://www.insurancenews.com.au/insurtech/cowbell-names-local-manager<p>Gerry Power has been appointed GM of Australia at Cowbell, working alongside local head of underwriting Anthony Wall...</p>Mon, 18 May 2026 04:39:14 GMTPwC reveals 2030 vision for ‘immersive’ insurancehttps://www.insurancenews.com.au/insurtech/pw-c-reveals-2030-vision-for-immersive-insurancehttps://www.insurancenews.com.au/insurtech/pw-c-reveals-2030-vision-for-immersive-insurance<p>A report from PwC has outlined a &ldquo;radical reinvention&rdquo; for the industry and how to achieve seamless insurance service in the coming decade...</p>Mon, 18 May 2026 04:39:08 GMTAI ‘amplifies’ failures found at claim timehttps://www.insurancenews.com.au/insurtech/ai-amplifies-failures-found-at-claim-timehttps://www.insurancenews.com.au/insurtech/ai-amplifies-failures-found-at-claim-time<p>Artificial intelligence changes not only how insurance is bought but &ldquo;decision authority and governance&rdquo;, former Hollard tech chief Jamie Smith warns...</p>Mon, 18 May 2026 04:39:00 GMTAon head of cyber takes reinshttps://www.insurancenews.com.au/insurtech/aon-head-of-cyber-takes-reinshttps://www.insurancenews.com.au/insurtech/aon-head-of-cyber-takes-reins<p>Quinton Kotze has begun working as head of cyber solutions for Aon in Australia, reporting to local head of specialty Alistair Clarke...</p>Mon, 18 May 2026 04:38:53 GMTFunding flows to ‘in vogue’ insurtechshttps://www.insurancenews.com.au/insurtech/funding-flows-to-in-vogue-insurtechshttps://www.insurancenews.com.au/insurtech/funding-flows-to-in-vogue-insurtechs<p>Global insurtech funding dipped to $US1.63 billion ($2.27 billion) in the first quarter, with 95% going to AI-focused companies...</p>Mon, 11 May 2026 04:05:19 GMTIt’s not the size of digital spend that counts: ACORDhttps://www.insurancenews.com.au/insurtech/it-s-not-the-size-of-digital-spend-that-counts-acordhttps://www.insurancenews.com.au/insurtech/it-s-not-the-size-of-digital-spend-that-counts-acord<p>The gap between digital leaders and laggards in insurance is widening because of how technology is executed, not &ldquo;simply the amount they spend&rdquo;...</p>Mon, 11 May 2026 04:05:13 GMTAI can beat cybercriminals at their own game, experts sayhttps://www.insurancenews.com.au/insurtech/ai-can-beat-cybercriminals-at-their-own-game-experts-sayhttps://www.insurancenews.com.au/insurtech/ai-can-beat-cybercriminals-at-their-own-game-experts-say<p>Businesses and other organisations are in a &ldquo;high-speed race&rdquo; against cybercriminals as AI accelerates both threats and defence methods, the World Economic Forum says...</p>Mon, 11 May 2026 04:05:04 GMTRisk assessments ‘backward‑looking, slow to adapt’https://www.insurancenews.com.au/insurtech/risk-assessments-backward-looking-slow-to-adapthttps://www.insurancenews.com.au/insurtech/risk-assessments-backward-looking-slow-to-adapt<p>Underwriters&rsquo; reliance on blanket models is contributing to underinsurance, Nearmap chief product officer Dave Tobias warns...</p>Mon, 11 May 2026 04:04:38 GMTTurkish delight for Cover Genius as airline renews dealhttps://www.insurancenews.com.au/insurtech/turkish-delight-for-cover-genius-as-airline-renews-dealhttps://www.insurancenews.com.au/insurtech/turkish-delight-for-cover-genius-as-airline-renews-deal<p>Turkish Airlines has renewed its partnership with embedded insurance insurtech Cover Genius and plans to expand its offer to Australia and Latin America...</p>Mon, 11 May 2026 04:03:38 GMT‘Unharnessed’ data holding back industry: Xceedancehttps://www.insurancenews.com.au/insurtech/unharnessed-data-holding-back-industry-xceedancehttps://www.insurancenews.com.au/insurtech/unharnessed-data-holding-back-industry-xceedance<p>Vast amounts of data collected by insurers is scattered ineffectively across different platforms, turning it into a liability rather than an asset, Xceedance says...</p>Mon, 04 May 2026 04:15:25 GMTOutdated insurance comms ‘leave customers disconnected’https://www.insurancenews.com.au/insurtech/outdated-insurance-comms-leave-customers-disconnectedhttps://www.insurancenews.com.au/insurtech/outdated-insurance-comms-leave-customers-disconnected<p>Years of investment in mobile apps, online portals and AI agents has done little to improve insurance interactions that still &ldquo;feel disjointed&rdquo;, Smart Communications says...</p>Mon, 04 May 2026 04:15:18 GMTEXL adds data expert in Sydneyhttps://www.insurancenews.com.au/insurtech/exl-adds-data-expert-in-sydneyhttps://www.insurancenews.com.au/insurtech/exl-adds-data-expert-in-sydney<p>Sharon White has been appointed Asia-Pacific VP of data management at tech group EXL...</p>Mon, 04 May 2026 04:15:03 GMT