insuranceNEWS.com.au - InsurtechGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auInvestment for insurtechs ‘rebounds’https://www.insurancenews.com.au/insurtech/investment-for-insurtechs-reboundshttps://www.insurancenews.com.au/insurtech/investment-for-insurtechs-rebounds<p>Insurtech funding surged to a four-year high of $US2.44 billion ($3.47 billion) in April-June, driven by large venture capital and private equity-backed rounds...</p>Mon, 10 Aug 2026 04:38:16 GMTEV transition a ‘rare chance to grab business’https://www.insurancenews.com.au/insurtech/ev-transition-a-rare-chance-to-grab-businesshttps://www.insurancenews.com.au/insurtech/ev-transition-a-rare-chance-to-grab-business<p>Although electric vehicles make up only 2% of the Australian passenger fleet, Taylor Fry actuary Tom Moulder says they present a &ldquo;massive opportunity&rdquo; for insurers...</p>Mon, 10 Aug 2026 04:36:07 GMTGuidewire gives insurers build-your-own AI agentshttps://www.insurancenews.com.au/insurtech/guidewire-gives-insurers-build-your-own-ai-agentshttps://www.insurancenews.com.au/insurtech/guidewire-gives-insurers-build-your-own-ai-agents<p>Guidewire has launched an agentic framework in its new Qusar release, enabling insurers to build and manage AI agents on the Guidewire Cloud Platform...</p>Mon, 10 Aug 2026 04:35:54 GMTCover Genius founder creates new start-uphttps://www.insurancenews.com.au/insurtech/cover-genius-founder-creates-new-start-uphttps://www.insurancenews.com.au/insurtech/cover-genius-founder-creates-new-start-up<p>Chris Bayley has established Sydney-based Cove, an AI platform that provides application programming interface infrastructure for travel aggregators...</p>Mon, 10 Aug 2026 04:35:44 GMTAgentic-to-agentic is ‘next problem to solve’https://www.insurancenews.com.au/insurtech/agentic-to-agentic-is-next-problem-to-solvehttps://www.insurancenews.com.au/insurtech/agentic-to-agentic-is-next-problem-to-solve<p>AI agents interacting and agreeing premium settings and other underwriting choices is the next tech challenge facing the insurance industry, BizCover CIO Dino Tius says...</p>Mon, 03 Aug 2026 04:16:22 GMTFuture of claims ‘needs tech and people alike’https://www.insurancenews.com.au/insurtech/future-of-claims-needs-tech-and-people-alikehttps://www.insurancenews.com.au/insurtech/future-of-claims-needs-tech-and-people-alike<p>&ldquo;Local presence&rdquo; will be more important than ever as insurers invest in AI, according to a white paper from claims manager Crawford &amp; Company...</p>Mon, 03 Aug 2026 04:16:10 GMTRelm names APAC chief in Sydneyhttps://www.insurancenews.com.au/insurtech/relm-names-apac-chief-in-sydneyhttps://www.insurancenews.com.au/insurtech/relm-names-apac-chief-in-sydney<p>Timothy Powell has been appointed head of Asia-Pacific and global head of underwriting performance at emerging industry specialist Relm Insurance...</p>Mon, 03 Aug 2026 04:16:01 GMTFriendsurance joins Cover Genius in Euro banking pushhttps://www.insurancenews.com.au/insurtech/friendsurance-joins-cover-genius-in-euro-banking-pushhttps://www.insurancenews.com.au/insurtech/friendsurance-joins-cover-genius-in-euro-banking-push<p>Cover Genius has acquired Friendsurance to combine the pair&rsquo;s infrastructure for embedded cover and banking and insurance platforms to serve financial institutions in the German, Austrian and Swiss markets...</p>Mon, 03 Aug 2026 04:15:54 GMTMunich Re unveils Japanese parametric quake coverhttps://www.insurancenews.com.au/insurtech/munich-re-unveils-japanese-parametric-quake-coverhttps://www.insurancenews.com.au/insurtech/munich-re-unveils-japanese-parametric-quake-cover<p>Munich Re Specialty has launched parametric earthquake insurance for corporate clients in Japan...</p>Mon, 03 Aug 2026 04:15:40 GMTSoftware group arrives on ASXhttps://www.insurancenews.com.au/insurtech/software-group-arrives-on-asxhttps://www.insurancenews.com.au/insurtech/software-group-arrives-on-asx<p>Life insurance software provider Monvia has debuted on the Australian Securities Exchange after raising $17.5 million from investors in its initial public offering...</p>Mon, 27 Jul 2026 05:31:02 GMTKaibridge brings in CTOhttps://www.insurancenews.com.au/insurtech/kaibridge-brings-in-ctohttps://www.insurancenews.com.au/insurtech/kaibridge-brings-in-cto<p>Roneel Kumar has been appointed fractional chief technology officer at insurtech Kaibridge...</p>Mon, 27 Jul 2026 05:27:49 GMTAon powers up data centres facilityhttps://www.insurancenews.com.au/insurtech/aon-powers-up-data-centres-facilityhttps://www.insurancenews.com.au/insurtech/aon-powers-up-data-centres-facility<p>Aon has expanded the insurance capacity available through its Data Centre Lifecycle Insurance Program as investment in AI, cloud computing and hyperscale data hubs accelerates...</p>Mon, 27 Jul 2026 04:42:36 GMTMarket Lane turns to BirdsEyeView on fire riskhttps://www.insurancenews.com.au/insurtech/market-lane-turns-to-birds-eye-view-on-fire-riskhttps://www.insurancenews.com.au/insurtech/market-lane-turns-to-birds-eye-view-on-fire-risk<p>Insurtech BirdsEyeView has partnered with Market Lane Insurance Group to bolster the underwriting agency&rsquo;s approach to bushfire risk...</p>Mon, 27 Jul 2026 04:42:20 GMTIAG backs start-ups at ‘frontier of change’https://www.insurancenews.com.au/insurtech/iag-backs-start-ups-at-frontier-of-changehttps://www.insurancenews.com.au/insurtech/iag-backs-start-ups-at-frontier-of-change<p>Firemark Ventures says its investments in BlueQubit, DexMat, Gatik, Adaptive Insurance and Socotra &ldquo;reflect where we see the next evolution of insurance taking shape&rdquo;...</p>Mon, 20 Jul 2026 04:40:53 GMTInsurer, tech experts in IA event line-uphttps://www.insurancenews.com.au/insurtech/insurer-tech-experts-in-ia-event-line-uphttps://www.insurancenews.com.au/insurtech/insurer-tech-experts-in-ia-event-line-up<p>Leaders from Honey Insurance, Canopius and insurtech Raindrop will feature at Digital Minds Evolve, the first in a suite of sessions run by training group EDII...</p>Mon, 20 Jul 2026 04:40:42 GMTRaindrop brings in tech experthttps://www.insurancenews.com.au/insurtech/raindrop-brings-in-tech-experthttps://www.insurancenews.com.au/insurtech/raindrop-brings-in-tech-expert<p>Jamie Smith has been appointed chief information officer at Darwin insurtech Raindrop...</p>Mon, 20 Jul 2026 04:40:19 GMTAI tool promises faster crash repair quoteshttps://www.insurancenews.com.au/insurtech/ai-tool-promises-faster-crash-repair-quoteshttps://www.insurancenews.com.au/insurtech/ai-tool-promises-faster-crash-repair-quotes<p>Smash repair insurtech DingGo says its Crash Intelligence AI platform turns &ldquo;a handful of vehicle photos&rdquo; into an instant, accurate repair estimate...</p>Mon, 20 Jul 2026 04:40:05 GMTPeak body promotes ‘30-day AI-readiness challenge’https://www.insurancenews.com.au/insurtech/peak-body-promotes-30-day-ai-readiness-challengehttps://www.insurancenews.com.au/insurtech/peak-body-promotes-30-day-ai-readiness-challenge<p>Launching an insurance product routinely takes six to 18 months and 70%-80% of IT budgets are consumed by maintenance rather than innovation, a new paper from Insurtech Australia and Singapore business InsureMO says...</p>Mon, 13 Jul 2026 04:32:42 GMTAI agents to be ‘powerful gatekeepers’https://www.insurancenews.com.au/insurtech/ai-agents-to-be-powerful-gatekeepershttps://www.insurancenews.com.au/insurtech/ai-agents-to-be-powerful-gatekeepers<p>Agentic AI systems may be able to switch insurance providers and perform other transactions across retail financial services with delegated authority by 2030, according to a report from the UK industry regulator...</p>Mon, 13 Jul 2026 04:32:34 GMTInsurebot feature ‘removes pain point’ in quotinghttps://www.insurancenews.com.au/insurtech/insurebot-feature-removes-pain-point-in-quotinghttps://www.insurancenews.com.au/insurtech/insurebot-feature-removes-pain-point-in-quoting<p>Steadfast says its auto quote portal Insurebot has a new feature to help brokers pre-fill submission forms in as little as 15 seconds, rather than hours...</p>Mon, 13 Jul 2026 04:32:24 GMT