Australia

By Martin Werth, CEO, UnderwriteMe. Life Insurance needs to go digital. Digital is more than technology, it’s about strategy and a new way of thinking. Digital is rewriting the ...

ANZ, IBM, and Suncorp New Zealand have developed a blockchain based solution designed to reconcile transactions between brokers and insurers.

This particular distribut...

View Session Recordings Watch InsurTech Innovation Awards Watch Ecosystems in China webinar    Watch Insurer Innovation Awards    Congratulations to Winners Event Statistics ...

  To spearhead the development of insurance industry, Clariden Global is proud to host the 3rd InsurTech, Big Data Analytics & Disruptive Innovation Forum in Sydney and ...

Executive summary : Around the world, restrictions that were put in place to contain the spread of coronavirus (COVID-19) have started to relax. For many businesses, including ...

Article Synopsis : The insurance industry value chain is undergoing profound and rapid change, driven by new customer expectations, emerging technologies and sustained downward ...

Executive summary : Key findings New consumer protection laws resulted in 8.3 million fewer covers Covers in force this year reduced by 20% compared to 2018–19 (down from 40.9 ...

Australian insurance giants Suncorp and IAG have both warned of impending losses from the severe flooding that has affected the Auckland area of New

Major insurers operating in New Zealand including Insurance Australia Group and Suncorp Group have cumulatively received over 9,000 claims so far

Natural disasters, many driven by climate change, caused global economic losses of $313 billion in 2022, insurance broker Aon estimated on Wednesday, of

This edition of International People Moves details appointments at Everest Insurance International and Swiss Re Corporate Solutions. A summary of these

Insurance broker WTW announced the combination of its Asia and Australasia operations into one Asia Pacific region, effective Jan. 1, 2023. As part of the

The insurtech's software streamlines small property claims.

Brit Ltd.'s managing general underwriter, Ambridge Group, will be acquired by Amynta Group for $400 million. In addition, a multi-year strategic

BMS Group, the London-based independent specialty insurance and reinsurance broker, announced it has signed an agreement with private equity firm Eurazeo

VIEW THE INFOGRAPHICThe insurance world has been pushed into uncharted territory in recent years, and 2023 will be no different. Advancements in

Fusion and io.insure operate in the space of specialty insurance.

AI models can be complex and have thousands of variables − each of which may introduce bias in imperceptible ways − so checks and balances are vital.

Butter is based in Australia.

Australian insurance intermediary Honan Insurance Group (Honan) has announced the acquisition of Rehab Life for an undisclosed sum.

Insurtech Australia, a not-for-profit organisation that aims to make Australia one of the world's leading markets for insurtech and insurance innovation, has welcomed…

Travel assistance and risk management provider Healix International highlighted political extremism and climate change as key risks to businesses in 2023

Public data on natural disaster risks for homeowners and businesses will be crucial for making Australia's economy more resilient to climate change,

Zurich Insurance Group has concluded the sale of its life and pensions back book back to Portuguese insurer GamaLife.

Howden, the London-based insurance broker, announced it has increased its shareholding to 100% in AlphaXO Risk Partners, an Australian specialty insurance

As the professional services sector has continued to grow, so, too, have the risks that small business owners face.

Investment firms British Columbia Investment Management and Preservation Capital Partners are reportedly weighing a sale of BMS Group.

A blueprint for a shared ledger for digital money would include central bank digital currencies, bank deposits and e-money from companies like PayPal — but not unsupervised cryp...

Young people in particular are more likely to buy travel insurance now than in 2019

A good cyber insurance policy should cover ransomware incidents.

People are on the move again, spending more and visiting new places

Canopius Group, the London-based global specialty re/insurer, announced the launch of the "Canopius Tech & Data Hub" in Manchester, UK. The Hub, which

7 hours ago ... CGU Insurance has finalised a long-term distribution agreement with ANZ, to become the ... CGU's continual focus and investment in strengthening our digital ...

CUG Insurance has formed a long-term distribution partnership with ANZ to provide insurance solutions to the bank’s customers.

The investment amount wasn't disclosed.

The "oversubscribed round" represents a "significant valuation uplift" from Cover Genius’ Series C in 2021.

8 hours ago ... The agency is expected to show another increase when it publishes 2022 figures in the coming weeks. Australian cybersecurity insurance premiums rose by an ...

Lockton has announced the acquisition of Australian specialist insurance intermediary Zenith Insurance Services for an undisclosed sum.

Socotra’s platform will assist KOBA in offering its usage-based insurance internationally and expand its portfolio to other products such as insurance for boats and motorcycles.

Socotra gives the Australian UBI product innovator a platform for international scalability and the ability to introduce new products and innovations quickly as KOBA evolves its...

The company will offer exclusive travel insurance and safe travel education to WorldPride visitors, and fund a scholarship programme for the event

A sub-60-day execution was achieved through an innovative Australian SME template built by the Duck Creek APAC regional product development team.

For Swiss Re, global natural catastrophe and severe weather events have been a significant driver of a net loss of $285 million for the first nine-months

Australia’s Medibank has revealed a cyber incident wherein a criminal has claimed to have possession of 200GB of the firm’s data.

The attack saw around 200GB of medical records stolen by hackers, who have already begun leaking some documents online

3 hours ago ... Flaine introduces community-powered machine learning directly within the insurance lifecycle. Anonymized data contributed on an opt-in basis by Guidewire ...

New platform, application, and content updates in Flaine increase speed and improve agility for P&C insurers across the complete insurance lifecycle.

The subsidiary of HCF Life has ongoing partnerships with Thredbo Resort and Mt Buller

Greenlight Re Innovations has confirmed an investment in startup SafelyStay to tap the short-term rental space.

Embedded insurer has linked up with Australian leisure travel tech start-up to offer coverage as part of the Awai Travel booking process

The latest addition to the suite of Vitae calculators will allow underwriters new insights into mental health risks.

Iluminr was formerly known as Catalyst Technologies and was established in 2019 by Joshua and Marcus.

Press release spotlights FINEOS case study with New York Life Group Benefits Solution in article published on Business Reporter. Read about what we achieved!

In 2015, The Carlyle Group acquired Innovation Group for about £500 million. 

Ardea Investment Management, a fixed income specialist, has launched a new tool developed specifically for optimising insurance portfolios and which

Howden RE, the reinsurance broking arm of the broader Howden broking group, has announced the hire of non-marine retrocession broking expert Doreen Tan

Policyholders’ protection will be reinforced and private health insurers will become more financially resilient