insuranceNEWS.com.au - Insurtech

Standards body produces AI supervision guide

Mon, 07 Jul 2025 02:56:29 GMT

The International Association of Insurance Supervisors has released a guide on artificial intelligence, focusing on consumer protection and prudential soundness...

Xceedance predicts human-machine workload split

Mon, 07 Jul 2025 02:56:15 GMT

The balance between human and machine roles in insurance will reach 50/50 in coming years as AI capabilities are unlocked, according to Xceedance...

Zurich buys global cyber insurer BOXX

Mon, 07 Jul 2025 02:54:21 GMT

Zurich has acquired cyber and risk management insurtech BOXX to provide retail and SME insurance and services worldwide...

Public ‘ready to see what AI can do’

Mon, 07 Jul 2025 02:54:09 GMT

Australian consumers have “overcome AI hesitation”, with about half happy to take insurance plan suggestions from the technology...

DAS, Upcover among Finnies winners

Mon, 30 Jun 2025 04:04:56 GMT

Digital Agriculture Services won the excellence in insurtech category at the ninth annual Finnie Awards...

Platform creates base for Hannover Re innovation award

Mon, 30 Jun 2025 04:04:31 GMT

Konnect NET says its technology has helped Hannover Life Re Australasia win an award...

Airline ‘flying high’ with Zurich partnership

Mon, 30 Jun 2025 04:04:05 GMT

Insurer Zurich and Hong Kong Airlines will host a series of social media campaigns later this year celebrating a “joyful partnership” by offering flight tickets as prizes...

Entsia earns glowing report card

Mon, 30 Jun 2025 04:03:42 GMT

Entsia has been recognised as a technology standout among insurance policy administration systems and commended for its reliability, security and fast, configurable, seamless product distribution...

Company denied cyber payout for future data recovery

Mon, 23 Jun 2025 04:42:11 GMT

A business that sought an additional payout on a cyberattack claim has lost its bid before the complaints authority and been told it must show it has incurred further losses...

Australian businesses among ‘least prepared’ for AI

Mon, 23 Jun 2025 04:41:57 GMT

Only 24% of surveyed Australian businesses feel “very prepared” to implement AI into an array of functions – a lack of confidence topped only by Hong Kong in the Asia-Pacific region...

AI assistant ‘tailor-made for brokers’

Mon, 23 Jun 2025 04:41:44 GMT

Hobart broker Dylan Rodricks has launched a tool called InsurAI and is seeking to partner with insurers and intermediary networks...

Tego offers first product via BPA platform

Mon, 23 Jun 2025 04:41:25 GMT

Sydney underwriter Tego Insurance has launched healthcare entity malpractice cover via ChainThat’s Beyond Policy Administration platform...

DAS climate data ‘bridges gap’ in farm risk

Mon, 16 Jun 2025 04:24:42 GMT

Digital Agricultural Services has launched a climate data set to help insurers evaluate rural property risk from rainfall variability, temperature and drought...

Markel launches one-stop insurtech protection

Mon, 16 Jun 2025 04:23:56 GMT

Markel Insurance has launched cover for insurtechs to manage cyber threats, crime and financial liability...

Upcover combines insurance, legal access

Mon, 16 Jun 2025 04:23:33 GMT

Insurtech Upcover has partnered with legal platform Lawpath to offer bundled insurance and legal services for small businesses and start-ups...

Growing Alpha steps onto SSP platform

Mon, 16 Jun 2025 03:25:58 GMT

Alpha Insurance has joined SSP’s Pure administration platform after acquiring QBE’s insurance businesses in Papua New Guinea and Vanuatu...

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...