insuranceNEWS.com.au - InsurtechGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-au‘Phishing, smishing, vishing’: Cowbell shares claims datahttps://www.insurancenews.com.au/insurtech/phishing-smishing-vishing-cowbell-shares-claims-datahttps://www.insurancenews.com.au/insurtech/phishing-smishing-vishing-cowbell-shares-claims-data<p>Ransom payments are falling even as AI accelerates cyberattacks and claims activity rises, specialist insurer Cowbell says...</p>Mon, 20 Apr 2026 05:21:03 GMTS&P flags ‘huge growth opportunity’ in data centreshttps://www.insurancenews.com.au/insurtech/s-and-p-flags-huge-growth-opportunity-in-data-centreshttps://www.insurancenews.com.au/insurtech/s-and-p-flags-huge-growth-opportunity-in-data-centres<p>Data centres could generate $US10 billion ($15 billion) in new premium this year, S&amp;P says...</p>Mon, 20 Apr 2026 05:07:04 GMTZurich names new Asia-Pacific digital chiefhttps://www.insurancenews.com.au/insurtech/zurich-names-new-asia-pacific-digital-chiefhttps://www.insurancenews.com.au/insurtech/zurich-names-new-asia-pacific-digital-chief<p>Digbijoy Shukla has been appointed Zurich head of digital for Asia-Pacific, replacing Roopa Malhotra, who has moved to the insurer&rsquo;s Japanese division...</p>Mon, 20 Apr 2026 05:06:58 GMTInsurtech creates single ‘source of truth’ for property insurershttps://www.insurancenews.com.au/insurtech/insurtech-creates-single-source-of-truth-for-property-insurershttps://www.insurancenews.com.au/insurtech/insurtech-creates-single-source-of-truth-for-property-insurers<p>Nearmap is combining geospatial data, AI analytics and building materials information to aid property insurer decisions...</p>Mon, 20 Apr 2026 05:06:51 GMTSteadfast unites platforms for ‘next phase of evolution’https://www.insurancenews.com.au/insurtech/steadfast-unites-platforms-for-next-phase-of-evolutionhttps://www.insurancenews.com.au/insurtech/steadfast-unites-platforms-for-next-phase-of-evolution<p>Steadfast is combining its Steadfast Client Trading Platform and policy management platform Insight into one system...</p>Mon, 13 Apr 2026 04:25:45 GMTNew system promises faster underwritinghttps://www.insurancenews.com.au/insurtech/new-system-promises-faster-underwritinghttps://www.insurancenews.com.au/insurtech/new-system-promises-faster-underwriting<p>Instanda has released an AI system for commercial underwriters that it says overcomes a long-standing &ldquo;compromise between time and accuracy&rdquo;...</p>Mon, 13 Apr 2026 04:25:36 GMTUS hack shows security basics ‘overlooked’ in AI rushhttps://www.insurancenews.com.au/insurtech/us-hack-show-security-basics-overlooked-in-ai-rushhttps://www.insurancenews.com.au/insurtech/us-hack-show-security-basics-overlooked-in-ai-rush<p>A breach at California&rsquo;s LiteLLM has implications for insurers and represents a new class of cyber risk, IT consultancy TransUnion warns...</p>Mon, 13 Apr 2026 04:25:28 GMTWorkforce vulnerabilities open door to ransomware, CTOs warnhttps://www.insurancenews.com.au/insurtech/workforce-vulnerabilities-open-door-to-ransomware-ctos-warnhttps://www.insurancenews.com.au/insurtech/workforce-vulnerabilities-open-door-to-ransomware-ctos-warn<p>A survey of 1500 senior executives has found more than half expect a ransomware attack at their organisation in the next year...</p>Mon, 13 Apr 2026 04:24:56 GMTLift-off for more ICEYE satelliteshttps://www.insurancenews.com.au/insurtech/lift-off-for-more-iceye-satelliteshttps://www.insurancenews.com.au/insurtech/lift-off-for-more-iceye-satellites<p>ICEYE has launched six synthetic aperture radar satellites into orbit with mission manager Exolaunch...</p>Mon, 13 Apr 2026 04:24:01 GMTFake IDs on rise as fraudsters plan aheadhttps://www.insurancenews.com.au/insurtech/fake-ids-on-rise-as-fraudsters-plan-aheadhttps://www.insurancenews.com.au/insurtech/fake-ids-on-rise-as-fraudsters-plan-ahead<p>The use of &ldquo;synthetic identities&rdquo; is the fastest-growing fraud type globally, accounting for more than one in 10 cases, LexisNexis Risk Solutions says...</p>Mon, 30 Mar 2026 03:14:32 GMTSeminar to examine ‘zero-delay’ insurance transactionshttps://www.insurancenews.com.au/insurtech/seminar-to-examine-zero-delay-insurance-transactionshttps://www.insurancenews.com.au/insurtech/seminar-to-examine-zero-delay-insurance-transactions<p>A free seminar discussing the need for communications networks to deliver AI at scale will be held on April 16...</p>Mon, 30 Mar 2026 03:14:25 GMTCover Genius appoints revenue, marketing chiefshttps://www.insurancenews.com.au/insurtech/cover-genius-appoints-revenue-marketing-chiefshttps://www.insurancenews.com.au/insurtech/cover-genius-appoints-revenue-marketing-chiefs<p>Jennifer Aubert Parker has been appointed chief revenue officer at Cover Genius, and Nidhi Daga joins as global senior VP of marketing...</p>Mon, 30 Mar 2026 03:14:10 GMTXceedance brings senior exec to Australiahttps://www.insurancenews.com.au/insurtech/xceedance-brings-senior-exec-to-australiahttps://www.insurancenews.com.au/insurtech/xceedance-brings-senior-exec-to-australia<p>Vijaylaxmi Tarafdar has been promoted to associate VP client partner for Australia and New Zealand at Xceedance...</p>Mon, 30 Mar 2026 03:14:00 GMTEXL event tackles AI adoption barriershttps://www.insurancenews.com.au/insurtech/exl-event-tackles-ai-adoption-barriershttps://www.insurancenews.com.au/insurtech/exl-event-tackles-ai-adoption-barriers<p>Global data company EXL says a virtual event in Australia and New Zealand tomorrow aims to help businesses move beyond AI experimentation and gain greater value from the technology...</p>Mon, 23 Mar 2026 02:04:25 GMTAIG and McGill collaborate on artificial intelligence solutionhttps://www.insurancenews.com.au/insurtech/aig-and-mc-gill-collaborate-on-artificial-intelligence-solutionhttps://www.insurancenews.com.au/insurtech/aig-and-mc-gill-collaborate-on-artificial-intelligence-solution<p>AIG and international specialty broker McGill and Partners will collaborate on offerings for the subscription market, using agentic AI capabilities...</p>Mon, 23 Mar 2026 02:03:37 GMTNSW firefighters use tech to spot, tackle blazeshttps://www.insurancenews.com.au/insurtech/nsw-firefighters-use-tech-to-spot-tackle-blazeshttps://www.insurancenews.com.au/insurtech/nsw-firefighters-use-tech-to-spot-tackle-blazes<p>Firefighters in rural NSW are being supported by AI-powered camera systems, thermal-imaging drones and satellite connectivity...</p>Mon, 23 Mar 2026 02:03:16 GMTBermudan regulator lines up parametric insurer classhttps://www.insurancenews.com.au/insurtech/bermudan-regulator-lines-up-parametric-insurer-classhttps://www.insurancenews.com.au/insurtech/bermudan-regulator-lines-up-parametric-insurer-class<p>The Bermuda Monetary Authority plans to introduce a parametric special purpose insurance class to help address uninsured losses...</p>Mon, 23 Mar 2026 02:03:07 GMTUpcover warns brokers to act on AIhttps://www.insurancenews.com.au/insurtech/upcover-warns-brokers-to-act-on-aihttps://www.insurancenews.com.au/insurtech/upcover-warns-brokers-to-act-on-ai<p>Upcover founder Anish Sinha says last month&rsquo;s AI-related sharemarket sell-off should not be treated as a blip, but as a signal...</p>Mon, 16 Mar 2026 03:16:26 GMTAon clients pay premiums with cryptocurrencyhttps://www.insurancenews.com.au/insurtech/aon-clients-pay-premiums-with-cryptocurrencyhttps://www.insurancenews.com.au/insurtech/aon-clients-pay-premiums-with-cryptocurrency<p>Aon says it is the first business to let clients to pay insurance premiums using US dollar-backed stablecoin...</p>Mon, 16 Mar 2026 03:16:13 GMTKayna closes seed funding roundhttps://www.insurancenews.com.au/insurtech/kayna-closes-seed-funding-roundhttps://www.insurancenews.com.au/insurtech/kayna-closes-seed-funding-round<p>Irish embedded insurance infrastructure platform Kayna has closed a &euro;1.5 million ($2.45 million) seed funding round as it moves ahead with major expansion plans in the UK and US...</p>Mon, 16 Mar 2026 03:16:02 GMT