insuranceNEWS.com.au - Insurtech

Deal flurry spurs talk of ‘insurtech spring’

Mon, 12 May 2025 04:29:44 GMT

Global funding of insurance start-ups surged to $US1.31 billion ($2.04 billion) in January-March, up 90% on the previous quarter, Gallagher Re says...

Haast to ‘accelerate growth’ after funding injection

Mon, 12 May 2025 04:29:29 GMT

Start-up Haast has raised $6 million in a funding round led by venture capital group Airtree...

Claims platform adds subrogation ID tool

Mon, 12 May 2025 04:29:21 GMT

US claims insurtech Clara Analytics has enhanced its Triage platform to automatically identify subrogation opportunities...

Guidewire adds MyVal to innovation program

Mon, 12 May 2025 04:29:04 GMT

Sydney insurtech MyVal has been chosen to join Guidewire’s Insurtech Vanguards program...

AI tipped to trigger bot revolution

Mon, 05 May 2025 03:47:26 GMT

Large language model breakthroughs have unlocked opportunities to enhance claims processing and personalised recommendations, Cover Genius CTO Peter Phillips says...

Liberty, Marsh experts headline IA start-up session

Mon, 05 May 2025 03:46:59 GMT

Risk experts from Liberty Specialty Markets, Marsh and DLA Piper will feature at an Insurtech Australia “special event” in Sydney tomorrow...

Automation tool promises to ‘supercharge productivity’

Mon, 05 May 2025 03:46:43 GMT

Software company TCG Process has launched a product designed to eliminate inefficiencies by automating tasks such as claims processing, onboarding and email triage...

SXSW Sydney opens pitch contest

Mon, 05 May 2025 03:46:26 GMT

Insurtechs are invited to apply for a pitch competition at SXSW Sydney in October...

AI inaccuracy a ticking claim bomb, lawyer warns

Mon, 28 Apr 2025 03:49:42 GMT

Mistakes made by artificial intelligence may take years to be discovered and may cost insurers dearly due to unintended cover, Clyde & Co partner Darryl Smith says...

IA calls for ‘game-changing’ R&D framework

Mon, 28 Apr 2025 03:49:23 GMT

An increase in long-term funding is essential for research and development in Australia to match global competitors, the insurtech peak body says...

‘Save eight hours a week’:1Fort attracts $11 million

Mon, 28 Apr 2025 03:37:31 GMT

US insurtech 1Fort has raised $US7.5 million ($11.72 million) for its artificial intelligence platform, which it says saves brokers up to two hours per submission and increases their bind rate by up to a fifth on average...

Cover Genius deal gives Secutix clients automated refunds

Mon, 28 Apr 2025 02:02:14 GMT

Events ticketing firm Secutix has agreed a refund partnership with Cover Genius...

Broker website Advisr changes hands

Mon, 14 Apr 2025 04:30:41 GMT

Advisr founder Andy Jamieson says the website, designed to connect brokers with clients, has been acquired...

Emergence unveils IT company cover

Mon, 14 Apr 2025 04:30:15 GMT

Cyber specialist Emergence Insurance has launched a product designed for IT service providers...

NT minister salutes ‘local answer to global problem’

Mon, 14 Apr 2025 04:30:02 GMT

Insurtech Raindrop has been hailed as an NT success story and key to the territory’s economic future...

Travel group to offer Cover Genius cancellation cover

Mon, 14 Apr 2025 04:29:48 GMT

Insurtech Cover Genius has expanded its longstanding partnership with travel company Luxury Escapes to include cancellation protection...

Super hacks reveal ‘threat to entire system’

Mon, 07 Apr 2025 04:27:48 GMT

Cyberattacks on Australian superannuation funds have exposed leaking of member credentials as a critical vulnerability in the sector, consultancy Software@Scale warns...

In-house cyber responses ‘creating competency gaps’

Mon, 07 Apr 2025 04:25:03 GMT

An adaptive, modular response model offers the best way to recover from cyberattacks, Crawford & Company says...

Lloyd’s Lab welcomes latest cohort

Mon, 07 Apr 2025 04:21:07 GMT

Eleven start-ups have been chosen for the 14th cohort of the Lloyd’s Lab following a pitch day...

Ando, SSP extend decade-long platform tie-up

Mon, 07 Apr 2025 04:20:51 GMT

Ando Insurance New Zealand has extended its technology partnership with SSP...