insuranceNEWS.com.au - Insurtech

Ransom payers marked as ‘profitable targets’

Mon, 03 Nov 2025 01:19:28 GMT

CrowdStrike says paying a cyberattack ransom does not guarantee crooks will not leak data or strike again – casting doubt on complying with such criminal demands...

How ‘fabric’ patches together old data

Mon, 03 Nov 2025 01:19:18 GMT

New data fabric technology allows insurers to gradually modernise their legacy system “patchworks” without a complete overhaul, Appian says...

Kanopi to host roundtable on agentic AI

Mon, 03 Nov 2025 01:19:00 GMT

Insurtech Kanopi and software group Endava will host a webinar examining how AI systems capable of autonomous decision-making are poised to reshape insurance...

Guidewire launches pricing system

Mon, 03 Nov 2025 01:18:49 GMT

Guidewire says its new PricingCenter tool enables general insurers to make price changes quickly and with greater precision...

Motor insurers take lead on AI, study shows

Mon, 27 Oct 2025 02:57:36 GMT

Artificial intelligence is widely used in motor operations by insurers in Asia-Pacific countries, a Moody’s survey has found...

Data system ‘you can talk to’ launches

Mon, 27 Oct 2025 02:57:29 GMT

Insurance technology group BAIS says its iBAIS 3.0 tool, featuring advanced speech and AI capability, is available now and makes it easier for brokers and underwriting agencies to “bring data to life”...

IAG teams with Adobe on ‘seamless’ customer service

Mon, 27 Oct 2025 02:57:07 GMT

IAG has partnered with software group Adobe to integrate a personalised cloud system into the operations of its retail brands...

Upcover features on prestigious global list

Mon, 27 Oct 2025 02:56:58 GMT

Upcover is the only Australian company named on this year’s CB Insights Insurtech 50 list...

Cover-More offers AI travel planner

Mon, 27 Oct 2025 02:56:48 GMT

Cover-More Travel Insurance has launched an AI-powered itinerary planner in its app...

Entsia joins InsurTechNZ

Mon, 27 Oct 2025 02:56:39 GMT

Entsia has become a member of InsurTechNZ and says the move reflects its long-term commitment to customers in New Zealand...

‘Start yesterday’: call to secure data as quantum threat looms

Mon, 20 Oct 2025 01:03:31 GMT

Cybercriminals are taking a “store now, decrypt later” approach to data theft because they anticipate advancements in quantum computing, according to risk experts...

IAG eyes broker-focused agency after underwriter tie-up

Mon, 20 Oct 2025 01:03:10 GMT

IAG New Zealand has acquired an ownership stake in NZ insurtech Initio – a move it says advances its bid to create a broker-focused personal lines agency...

Ex-Suncorp tech manager joins Zurich

Mon, 20 Oct 2025 01:03:02 GMT

Zurich has appointed Terry Powell as group chief technology officer...

New investor takes Xceedance capital raise to $154 million

Mon, 20 Oct 2025 01:03:01 GMT

Fintech investor Portage Capital Solutions has taken a minority stake in insurance solutions group Xceedance

Instanda receives $30 million injection

Mon, 20 Oct 2025 01:02:53 GMT

Policy administration and distribution platform Instanda has secured $30 million in its latest funding round, allowing the business to accelerate global expansion plans...

ROLLiN’ rolls out Ravin AI damage assessments

Mon, 20 Oct 2025 01:02:41 GMT

Digital motor insurer ROLLiN’ is teaming with Ravin AI to offer automated vehicle inspections after crashes...

No ‘regulatory void’ around AI harms, watchdog says

Mon, 13 Oct 2025 03:20:22 GMT

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...

Insurance experts to feature at CyberCon

Mon, 13 Oct 2025 03:16:44 GMT

Executives from WTW will be among speakers at the Australian Cyber Conference, or CyberCon, in Melbourne...

Crooks target industry with ‘highly effective’ fake bank emails

Mon, 13 Oct 2025 03:16:32 GMT

Insurance is among the three most targeted industries in a scam involving criminals expertly impersonating Australia’s large banks...

Feedback sought on digital asset rules

Mon, 13 Oct 2025 03:16:08 GMT

The federal government has begun consultation on draft legislation regulating operators of platforms that hold digital assets on behalf of customers...