Most adults understand that insurance is a necessary part of life, however, most don’t want to jump through all the hoops that come with finding the right policy. It was that issue that led Fabrizia Roberto to decide that there had to be a better way. After a career in marketing for an insurance company,… Read more »
The founders of rival BNPL companies Zip and Afterpay have piled into a record $15.5 million seed round for a 10-month insurance company designed for the smart home era. The seed investment for Honey Insurance was led by an impressive list of institutional investors: RACQ, which is underwriting the challenger brand; property settlement platform PEXA,… Read more »
The insurtech conversation in Australia has moved on from “if” to “how”. Leading insurance firms of the future will be those who successfully partner with insurtechs to realise their digital transformation strategy. After all, 67 percent of insurtechs exist solely to aid digital transformation. As we know, there are high barriers to entry to the… Read more »
Australian insurtech startup Edmund has launched to provide cyber insurance to small to medium enterprises (SMEs) with up to $20 million in annual revenue.
With consumers time-poor, the aim is for Cove to deliver “the most intuitive mobile experience of any insurer in the world”.
InsurTech has been pinned as a growing industry thanks to claim and drone startups, although it is faced with fundamental challenges, according to a report.
Airtaskers can set aside part of their earnings to put towards insurance providing continuity of income in case of injury resulting in loss of work.
Unions NSW has today announced it has come to a “groundbreaking agreement” with Airtasker to deliver workers on the platform a number of conditions.
California-based on-demand insurance startup Trov has raised US$45 million ($59.44 million) in a Series D round led by Munich Re / HSB Ventures, with participation from all its Series C investors, including Australia’s Suncorp Group.
HelloCars is offering an online car marketplace focused on selling quality used cars that are delivered to a buyer’s door anywhere in Australia.
Australian-founded, California-based cybersecurity startup UpGuard has today announced the closing of a US$17 million (approximately $22 million) Series B round co-led by new investor Pelion Venture Partners and existing investor Square Peg Capital.
Health insurance providers nib, Bupa, and HBF have announced they are banding together to expand Whitecoat, a platform allowing consumers to search for and review healthcare providers.
Californian insurance startup Trov has today announced the closing of a US$25.5 million Series C round led by Oak HC/FT, with participation from Australia’s Suncorp Group, Guidewire, and Anthemis Group, as well as the launch of its new on-demand insurance app into Australia next month.
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