insuranceNEWS.com.au - InsurtechGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auStandards body produces AI supervision guidehttps://www.insurancenews.com.au/insurtech/standards-body-produces-ai-supervision-guidehttps://www.insurancenews.com.au/insurtech/standards-body-produces-ai-supervision-guide<p>The International Association of Insurance Supervisors has released a guide on artificial intelligence, focusing on consumer protection and prudential soundness...</p>Mon, 07 Jul 2025 02:56:29 GMTXceedance predicts human-machine workload splithttps://www.insurancenews.com.au/insurtech/xceedance-predicts-human-machine-workload-splithttps://www.insurancenews.com.au/insurtech/xceedance-predicts-human-machine-workload-split<p>The balance between human and machine roles in insurance will reach 50/50 in coming years as AI capabilities are unlocked, according to Xceedance...</p>Mon, 07 Jul 2025 02:56:15 GMTZurich buys global cyber insurer BOXXhttps://www.insurancenews.com.au/insurtech/zurich-buys-global-cyber-insurer-boxxhttps://www.insurancenews.com.au/insurtech/zurich-buys-global-cyber-insurer-boxx<p>Zurich has acquired cyber and risk management insurtech BOXX to provide retail and SME insurance and services worldwide...</p>Mon, 07 Jul 2025 02:54:21 GMTPublic ‘ready to see what AI can do’ https://www.insurancenews.com.au/insurtech/public-ready-to-see-what-ai-can-dohttps://www.insurancenews.com.au/insurtech/public-ready-to-see-what-ai-can-do<p>Australian consumers have &ldquo;overcome AI hesitation&rdquo;, with about half happy to take insurance plan suggestions from the technology...</p>Mon, 07 Jul 2025 02:54:09 GMTDAS, Upcover among Finnies winnershttps://www.insurancenews.com.au/insurtech/das-upcover-among-finnies-winnershttps://www.insurancenews.com.au/insurtech/das-upcover-among-finnies-winners<p>Digital Agriculture Services won the excellence in insurtech category at the ninth annual Finnie Awards...</p>Mon, 30 Jun 2025 04:04:56 GMTPlatform creates base for Hannover Re innovation awardhttps://www.insurancenews.com.au/insurtech/platform-creates-base-for-hannover-re-innovation-awardhttps://www.insurancenews.com.au/insurtech/platform-creates-base-for-hannover-re-innovation-award<p>Konnect NET says its technology has helped Hannover Life Re Australasia win an award...</p>Mon, 30 Jun 2025 04:04:31 GMTAirline ‘flying high’ with Zurich partnershiphttps://www.insurancenews.com.au/insurtech/airline-flying-high-with-zurich-partnershiphttps://www.insurancenews.com.au/insurtech/airline-flying-high-with-zurich-partnership<p>Insurer Zurich and Hong Kong Airlines will host a series of social media campaigns later this year celebrating a &ldquo;joyful partnership&rdquo; by offering flight tickets as prizes...</p>Mon, 30 Jun 2025 04:04:05 GMTEntsia earns glowing report cardhttps://www.insurancenews.com.au/insurtech/entsia-earns-glowing-report-cardhttps://www.insurancenews.com.au/insurtech/entsia-earns-glowing-report-card<p>Entsia has been recognised as a technology standout among insurance policy administration systems and commended for its reliability, security and fast, configurable, seamless product distribution...</p>Mon, 30 Jun 2025 04:03:42 GMTCompany denied cyber payout for future data recoveryhttps://www.insurancenews.com.au/insurtech/company-denied-cyber-payout-for-future-data-recoveryhttps://www.insurancenews.com.au/insurtech/company-denied-cyber-payout-for-future-data-recovery<p>A business that sought an additional payout on a cyberattack claim has lost its bid before the complaints authority and been told it must show it has incurred further losses...</p>Mon, 23 Jun 2025 04:42:11 GMTAustralian businesses among ‘least prepared’ for AIhttps://www.insurancenews.com.au/insurtech/australian-businesses-among-least-prepared-for-aihttps://www.insurancenews.com.au/insurtech/australian-businesses-among-least-prepared-for-ai<p>Only 24% of surveyed Australian businesses feel &ldquo;very prepared&rdquo; to implement AI into an array of functions &ndash; a lack of confidence topped only by Hong Kong in the Asia-Pacific region...</p>Mon, 23 Jun 2025 04:41:57 GMTAI assistant ‘tailor-made for brokers’https://www.insurancenews.com.au/insurtech/ai-assistant-tailor-made-for-brokershttps://www.insurancenews.com.au/insurtech/ai-assistant-tailor-made-for-brokers<p>Hobart broker Dylan Rodricks has launched a tool called InsurAI and is seeking to partner with insurers and intermediary networks...</p>Mon, 23 Jun 2025 04:41:44 GMTTego offers first product via BPA platformhttps://www.insurancenews.com.au/insurtech/tego-offers-first-product-via-bpa-platformhttps://www.insurancenews.com.au/insurtech/tego-offers-first-product-via-bpa-platform<p>Sydney underwriter Tego Insurance has launched healthcare entity malpractice cover via ChainThat&rsquo;s Beyond Policy Administration platform...</p>Mon, 23 Jun 2025 04:41:25 GMTDAS climate data ‘bridges gap’ in farm riskhttps://www.insurancenews.com.au/insurtech/das-climate-data-bridges-gap-in-farm-riskhttps://www.insurancenews.com.au/insurtech/das-climate-data-bridges-gap-in-farm-risk<p>Digital Agricultural Services has launched a climate data set to help insurers evaluate rural property risk from rainfall variability, temperature and drought...</p>Mon, 16 Jun 2025 04:24:42 GMTMarkel launches one-stop insurtech protectionhttps://www.insurancenews.com.au/insurtech/markel-launches-one-stop-insurtech-protectionhttps://www.insurancenews.com.au/insurtech/markel-launches-one-stop-insurtech-protection<p>Markel Insurance has launched cover for insurtechs to manage cyber threats, crime and financial liability...</p>Mon, 16 Jun 2025 04:23:56 GMTUpcover combines insurance, legal accesshttps://www.insurancenews.com.au/insurtech/upcover-combines-insurance-legal-accesshttps://www.insurancenews.com.au/insurtech/upcover-combines-insurance-legal-access<p>Insurtech Upcover has partnered with legal platform Lawpath to offer bundled insurance and legal services for small businesses and start-ups...</p>Mon, 16 Jun 2025 04:23:33 GMTGrowing Alpha steps onto SSP platformhttps://www.insurancenews.com.au/insurtech/growing-alpha-steps-onto-ssp-platformhttps://www.insurancenews.com.au/insurtech/growing-alpha-steps-onto-ssp-platform<p>Alpha Insurance has joined SSP&rsquo;s Pure administration platform after acquiring QBE&rsquo;s insurance businesses in Papua New Guinea and Vanuatu...</p>Mon, 16 Jun 2025 03:25:58 GMTRaindrop tool rolls out in bid to be ‘indispensable worldwide’https://www.insurancenews.com.au/insurtech/raindrop-tool-rolls-out-in-bid-to-be-indispensable-worldwidehttps://www.insurancenews.com.au/insurtech/raindrop-tool-rolls-out-in-bid-to-be-indispensable-worldwide<p>Darwin insurtech Raindrop has officially launched its AI-powered platform that translates complex insurance policies into simple language...</p>Mon, 02 Jun 2025 03:34:29 GMTInstanda’s agility ‘a clear differentiator’https://www.insurancenews.com.au/insurtech/instanda-s-agility-a-clear-differentiatorhttps://www.insurancenews.com.au/insurtech/instanda-s-agility-a-clear-differentiator<p>Policy administration and distribution platform Instanda has been praised for its architecture and ability to help insurers launch quickly without overhauling core systems...</p>Mon, 02 Jun 2025 03:34:20 GMTQikio partners with comparison site on car coverhttps://www.insurancenews.com.au/insurtech/qikio-partners-with-comparison-site-on-car-coverhttps://www.insurancenews.com.au/insurtech/qikio-partners-with-comparison-site-on-car-cover<p>Qikio car insurance will be available on the Compare Club platform under a new partnership...</p>Mon, 02 Jun 2025 03:33:58 GMTCrypto expert Qubit teams with Canopiushttps://www.insurancenews.com.au/insurtech/crypto-expert-qubit-teams-with-canopiushttps://www.insurancenews.com.au/insurtech/crypto-expert-qubit-teams-with-canopius<p>Qubit Underwriting has been approved as a Lloyd&rsquo;s coverholder by Canopius to offer digital asset insurance in the Asia-Pacific region...</p>Mon, 02 Jun 2025 03:03:00 GMT