insuranceNEWS.com.au - InsurtechGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-au‘Unharnessed’ data holding back industry: Xceedancehttps://www.insurancenews.com.au/insurtech/unharnessed-data-holding-back-industry-xceedancehttps://www.insurancenews.com.au/insurtech/unharnessed-data-holding-back-industry-xceedance<p>Vast amounts of data collected by insurers is scattered ineffectively across different platforms, turning it into a liability rather than an asset, Xceedance says...</p>Mon, 04 May 2026 04:15:25 GMTOutdated insurance comms ‘leave customers disconnected’https://www.insurancenews.com.au/insurtech/outdated-insurance-comms-leave-customers-disconnectedhttps://www.insurancenews.com.au/insurtech/outdated-insurance-comms-leave-customers-disconnected<p>Years of investment in mobile apps, online portals and AI agents has done little to improve insurance interactions that still &ldquo;feel disjointed&rdquo;, Smart Communications says...</p>Mon, 04 May 2026 04:15:18 GMTEXL adds data expert in Sydneyhttps://www.insurancenews.com.au/insurtech/exl-adds-data-expert-in-sydneyhttps://www.insurancenews.com.au/insurtech/exl-adds-data-expert-in-sydney<p>Sharon White has been appointed Asia-Pacific VP of data management at tech group EXL...</p>Mon, 04 May 2026 04:15:03 GMTKanopi roundtable weighs ‘new era of algorithmic visibility’https://www.insurancenews.com.au/insurtech/kanopi-roundtable-weighs-new-era-of-algorithmic-visibilityhttps://www.insurancenews.com.au/insurtech/kanopi-roundtable-weighs-new-era-of-algorithmic-visibility<p>Insurtech Kanopi and actuarial consultant Finity will host a webinar examining how autonomous AI agents are reshaping insurance...</p>Mon, 04 May 2026 04:14:54 GMTDon’t repeat Australian data rights errors, NZ warnedhttps://www.insurancenews.com.au/insurtech/don-t-repeat-australian-data-rights-errors-nz-warnedhttps://www.insurancenews.com.au/insurtech/don-t-repeat-australian-data-rights-errors-nz-warned<p>New Zealand should follow Singapore&rsquo;s model for open insurance and avoid the mistakes of Australia&rsquo;s Consumer Data Right, Deloitte says...</p>Mon, 27 Apr 2026 03:57:07 GMTInsurtechs unite to fill ‘clear gap’ in gadget coverhttps://www.insurancenews.com.au/insurtech/insurtechs-unite-to-fill-clear-gap-in-gadget-coverhttps://www.insurancenews.com.au/insurtech/insurtechs-unite-to-fill-clear-gap-in-gadget-cover<p>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...</p>Mon, 27 Apr 2026 03:56:59 GMTVet payment platform allows gap-only bills for pet ownershttps://www.insurancenews.com.au/insurtech/vet-payment-platform-allows-gap-only-bills-for-pet-ownershttps://www.insurancenews.com.au/insurtech/vet-payment-platform-allows-gap-only-bills-for-pet-owners<p>RSPCA Pet Insurance has introduced a payment system that lets policyholders pay only the portion of their veterinary bill not covered...</p>Mon, 27 Apr 2026 03:56:37 GMTAllianz ‘deepens commitment’ to Openlyhttps://www.insurancenews.com.au/insurtech/allianz-deepens-commitment-to-openlyhttps://www.insurancenews.com.au/insurtech/allianz-deepens-commitment-to-openly<p>Allianz has invested more in Boston-based homeowners insurance platform Openly and expanded a reinsurance partnership...</p>Mon, 27 Apr 2026 03:56:21 GMT‘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 GMT