insuranceNEWS.com.au - Insurtech

Funding flows to ‘in vogue’ insurtechs

Mon, 11 May 2026 04:05:19 GMT

Global insurtech funding dipped to $US1.63 billion ($2.27 billion) in the first quarter, with 95% going to AI-focused companies...

It’s not the size of digital spend that counts: ACORD

Mon, 11 May 2026 04:05:13 GMT

The gap between digital leaders and laggards in insurance is widening because of how technology is executed, not “simply the amount they spend”...

AI can beat cybercriminals at their own game, experts say

Mon, 11 May 2026 04:05:04 GMT

Businesses and other organisations are in a “high-speed race” against cybercriminals as AI accelerates both threats and defence methods, the World Economic Forum says...

Risk assessments ‘backward‑looking, slow to adapt’

Mon, 11 May 2026 04:04:38 GMT

Underwriters’ reliance on blanket models is contributing to underinsurance, Nearmap chief product officer Dave Tobias warns...

Turkish delight for Cover Genius as airline renews deal

Mon, 11 May 2026 04:03:38 GMT

Turkish Airlines has renewed its partnership with embedded insurance insurtech Cover Genius and plans to expand its offer to Australia and Latin America...

‘Unharnessed’ data holding back industry: Xceedance

Mon, 04 May 2026 04:15:25 GMT

Vast amounts of data collected by insurers is scattered ineffectively across different platforms, turning it into a liability rather than an asset, Xceedance says...

Outdated insurance comms ‘leave customers disconnected’

Mon, 04 May 2026 04:15:18 GMT

Years of investment in mobile apps, online portals and AI agents has done little to improve insurance interactions that still “feel disjointed”, Smart Communications says...

EXL adds data expert in Sydney

Mon, 04 May 2026 04:15:03 GMT

Sharon White has been appointed Asia-Pacific VP of data management at tech group EXL...

Kanopi roundtable weighs ‘new era of algorithmic visibility’

Mon, 04 May 2026 04:14:54 GMT

Insurtech Kanopi and actuarial consultant Finity will host a webinar examining how autonomous AI agents are reshaping insurance...

Don’t repeat Australian data rights errors, NZ warned

Mon, 27 Apr 2026 03:57:07 GMT

New Zealand should follow Singapore’s model for open insurance and avoid the mistakes of Australia’s Consumer Data Right, Deloitte says...

Insurtechs unite to fill ‘clear gap’ in gadget cover

Mon, 27 Apr 2026 03:56:59 GMT

Embedded insurance expert EIP and third-party administrator Nexacore have partnered in southeast Asia to launch electronic device protection and extended warranties through a single proposition...

Vet payment platform allows gap-only bills for pet owners

Mon, 27 Apr 2026 03:56:37 GMT

RSPCA Pet Insurance has introduced a payment system that lets policyholders pay only the portion of their veterinary bill not covered...

Allianz ‘deepens commitment’ to Openly

Mon, 27 Apr 2026 03:56:21 GMT

Allianz has invested more in Boston-based homeowners insurance platform Openly and expanded a reinsurance partnership...

‘Phishing, smishing, vishing’: Cowbell shares claims data

Mon, 20 Apr 2026 05:21:03 GMT

Ransom payments are falling even as AI accelerates cyberattacks and claims activity rises, specialist insurer Cowbell says...

S&P flags ‘huge growth opportunity’ in data centres

Mon, 20 Apr 2026 05:07:04 GMT

Data centres could generate $US10 billion ($15 billion) in new premium this year, S&P says...

Zurich names new Asia-Pacific digital chief

Mon, 20 Apr 2026 05:06:58 GMT

Digbijoy Shukla has been appointed Zurich head of digital for Asia-Pacific, replacing Roopa Malhotra, who has moved to the insurer’s Japanese division...

Insurtech creates single ‘source of truth’ for property insurers

Mon, 20 Apr 2026 05:06:51 GMT

Nearmap is combining geospatial data, AI analytics and building materials information to aid property insurer decisions...

Steadfast unites platforms for ‘next phase of evolution’

Mon, 13 Apr 2026 04:25:45 GMT

Steadfast is combining its Steadfast Client Trading Platform and policy management platform Insight into one system...

New system promises faster underwriting

Mon, 13 Apr 2026 04:25:36 GMT

Instanda has released an AI system for commercial underwriters that it says overcomes a long-standing “compromise between time and accuracy”...

US hack shows security basics ‘overlooked’ in AI rush

Mon, 13 Apr 2026 04:25:28 GMT

A breach at California’s LiteLLM has implications for insurers and represents a new class of cyber risk, IT consultancy TransUnion warns...