insuranceNEWS.com.au - Insurtech

Rules, training lag as workers’ AI use grows

Mon, 15 Jun 2026 04:39:53 GMT

Recruiter Hays says 60% of employees use AI regularly at work but only 22% have received any training or support from their employer...

IAG to roll out wellness app among customers

Mon, 15 Jun 2026 04:39:37 GMT

IAG’s Firemark Ventures has invested in Sydney people risk platform Sonder, which delivers mental health, medical and safety support via an app...

Peak body brings UK training program to Sydney

Mon, 15 Jun 2026 04:39:26 GMT

Up to 25 delegates from insurers, brokers and insurtechs will attend a Digital Minds Evolve leadership program in August...

Instanda builds AI underwriting workbench

Mon, 15 Jun 2026 04:39:15 GMT

A new underwriting workbench called Instanda Clear has been launched to aid “judgment-led” work that cannot be fully automated...

Mind the AI ‘stack gap’, Tego CEO warns

Mon, 15 Jun 2026 04:39:06 GMT

A host of insurance policies could have grounds to deny liability following an AI-related healthcare incident, medical indemnity underwriter Tego warns...

Descartes offers extreme wind cover for solar plants

Mon, 15 Jun 2026 04:38:38 GMT

Descartes Underwriting has introduced a parametric product for solar power plants based on wind data from meteorological stations owned by green tech group Nextpower...

ICEYE raises $800 million

Mon, 15 Jun 2026 04:38:27 GMT

Finland’s ICEYE has raised €450 million ($797 million) in a funding round led by General Atlantic...

Cryptographers urged to be ‘quantum-ready’

Mon, 01 Jun 2026 04:10:13 GMT

Experts in “classical” cybersecurity will need to quickly pivot to tackling threats posed by quantum computing, academics at Monash University say...

Industry body adds partnerships lead

Mon, 01 Jun 2026 04:10:05 GMT

Lasya Rao has been appointed program and tech partnerships lead at Insurtech Australia...

SSP unveils product creation tool

Mon, 01 Jun 2026 04:09:54 GMT

Software group SSP has launched a platform for underwriters, product managers and claims teams that it says cuts product creation cycles from months to days...

Travel platform ‘monetises post-sale behaviour’

Mon, 01 Jun 2026 04:08:46 GMT

A new group travel medical cover platform has been launched by US-based Core Travel Insurance...

Watchdog to avoid ‘prescriptive approach’ on tech advances

Mon, 25 May 2026 04:21:26 GMT

Australian Securities and Investments Commission chair Joe Longo says “good regulation” is vital as technology drives financial services innovation...

Simfuni unveils claims management tool

Mon, 25 May 2026 04:20:11 GMT

Life insurance technology provider Simfuni has launched a claims management automation platform, completing its end-to-end digital offering...

Epsilon eyes parametric flood option for strata

Mon, 25 May 2026 04:19:57 GMT

Parametric flood cover is taking off among Australian businesses such as manufacturers and may become available for residential strata properties, according to Epsilon Underwriting...

AI conversation ‘replaces menus, wizards’

Mon, 25 May 2026 04:19:45 GMT

A new AI agent from Melbourne company Affinda allows a conversation to replace menus and multi-step set-up wizards during document automation workflow...

Cowbell names local manager

Mon, 18 May 2026 04:39:14 GMT

Gerry Power has been appointed GM of Australia at Cowbell, working alongside local head of underwriting Anthony Wall...

PwC reveals 2030 vision for ‘immersive’ insurance

Mon, 18 May 2026 04:39:08 GMT

A report from PwC has outlined a “radical reinvention” for the industry and how to achieve seamless insurance service in the coming decade...

AI ‘amplifies’ failures found at claim time

Mon, 18 May 2026 04:39:00 GMT

Artificial intelligence changes not only how insurance is bought but “decision authority and governance”, former Hollard tech chief Jamie Smith warns...

Aon head of cyber takes reins

Mon, 18 May 2026 04:38:53 GMT

Quinton Kotze has begun working as head of cyber solutions for Aon in Australia, reporting to local head of specialty Alistair Clarke...

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...