insuranceNEWS.com.au - Insurtech

Raindrop tool rolls out in bid to be ‘indispensable worldwide’

Mon, 02 Jun 2025 03:34:29 GMT

Darwin insurtech Raindrop has officially launched its AI-powered platform that translates complex insurance policies into simple language...

Instanda’s agility ‘a clear differentiator’

Mon, 02 Jun 2025 03:34:20 GMT

Policy administration and distribution platform Instanda has been praised for its architecture and ability to help insurers launch quickly without overhauling core systems...

Qikio partners with comparison site on car cover

Mon, 02 Jun 2025 03:33:58 GMT

Qikio car insurance will be available on the Compare Club platform under a new partnership...

Crypto expert Qubit teams with Canopius

Mon, 02 Jun 2025 03:03:00 GMT

Qubit Underwriting has been approved as a Lloyd’s coverholder by Canopius to offer digital asset insurance in the Asia-Pacific region...

Regulatory ‘blame culture’ damages innovation: IA

Mon, 26 May 2025 04:05:07 GMT

Insurtech Australia warns the corporate regulator’s plan to publish dashboards containing company-level breach and complaints data could discourage start-ups from seeking to innovate with products, technologies and business models...

Machine analysis ‘speeds up fraud detection’

Mon, 26 May 2025 04:03:27 GMT

Advanced machine analysis accurately identifies fraud indicators just two weeks after a claim is filed, much earlier than traditional approaches, insurtech Clara Analytics says...

Nearmap buys US claims data group

Mon, 26 May 2025 04:03:11 GMT

Aerial survey insurtech Nearmap will acquire Florida’s Itel, which provides data and analysis during claims, including building material pricing and repair-or-replace advice...

Lloyd’s Lab seeks next batch of innovators

Mon, 26 May 2025 04:02:54 GMT

Lloyd’s Lab is accepting applications to join its 15th cohort, which will focus on three themes: adapting to a changing world, traditional lines for today, and data intelligence and process transformation...

WTW names new Pacific tech risk leader

Mon, 19 May 2025 03:39:24 GMT

WTW has appointed Leah Mooney as Willis technology, cyber and privacy risk Pacific consulting leader...

Simfuni appoints product chief

Mon, 19 May 2025 02:37:10 GMT

New Zealand insurtech Simfuni has appointed Tim von Dadelszen as chief product officer to lead innovation...

SSP fills ‘critical management role’

Mon, 19 May 2025 02:36:59 GMT

Lisa Cameron has been promoted to head of pure product for Asia-Pacific at insurance software group SSP...

Bolttech, Sumitomo partner on smartphone cover

Mon, 19 May 2025 02:36:43 GMT

Sumitomo Corporation has taken a stake in Singapore insurtech Bolttech and will help launch a new service in Asia to meet growing smartphone insurance and subscription demand...

American life insurtech raises $187 million

Mon, 19 May 2025 02:36:21 GMT

US start-up Bestow has raised $US120 million ($187 million) in a funding round led by Goldman Sachs and Smith Point Capital...

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...