Insurance

Dec
02

Avoka wins coveted Amazon AWS status

Avoka, a leader in frictionless digital customer acquisition for financial services, announced today that it has achieved Amazon Web Services (AWS) Financial Services Competency status. This designation recognises the Avoka Transact platform for demonstrated financial services industry expertise, readily implemented solutions that align with AWS architectural best practices, and possessing staff with AWS-certifications. Avoka Transact, running in the AWS Cloud worldwide, is used for bank account opening, wealth management onboarding and insurance policy applications over digital channels worldwide. Achieving the AWS Financial Services Competency differentiates Avoka as an AWS Partner Network (APN) member that has demonstrated relevant technical proficiency and proven customer success, delivering solutions seamlessly in the AWS Cloud […]

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Nov
23

How digital automation can help offset Australia’s 492 per cent regulation boom

By Jacqui Henderson – Founder & CEO, Adviser Intelligence Damage control does not come cheap. Just ask Dongjin Koh, President of Mobile at Samsung Electronics. Koh told press in October this year that the total recall of the inflammable Galaxy Note 7 range – based on reports of just under 50 exploding units of the 2.5 million shipped products – would cost the Korean conglomerate a “heartbreaking amount”. Or to be more precise, more than $5 billion, Samsung later admitted. But, according to Chang Sea Jin, National University of Singapore business school professor, the multi-billion dollar Note 7 recall cost was worth it. “The potential damage to reputation is far […]

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Nov
16

Fintech Cover Genius expands to the US

Australian fintech Cover Genius, which enables ecommerce companies to sell insurance to their audiences, is expanding to the US with an office in Austin, Texas. Cover Genius, formed by former Google and Yahoo executives in 2014, already has offices in Sydney and London. “Being near the insurance hub of Dallas brings us closer to multiple underwriting partners, and our location in Austin puts us in the new epicentre of the tech industry in the US,” says Chris Bayley, Cover Genius co-founder and CEO. Cover Genius works with global underwriters to provide an end-to-end solution, using its BrightWrite platform, for companies selling insurance products via online platforms. The move to the […]

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Nov
15

Aon joins with York Butter Factory in search of fintech start-up opportunities

Global risk management consultancy and insurance broker Aon has partnered with Melbourne co-working space York Butter Factory, as part of a move from the industry incumbent to keep up with start-up disrupters. The partnership is one of about 10 corporate deals the York Butter Factory (YBF) has secured with major businesses such as ANZ, EY, IBM and Qantas. Aon Australia chief executive Lambros Lambrou said the company intends to tap into YBF’s ecosystem of entrepreneurs. “This partnership provides Aon with a unique opportunity to explore new opportunities with the insurance and tech markets in mind. We hope this partnership will encourage collaboration between the fintech start-up industry and Aon,” he […]

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Scott Walchek, founder of on-demand insurance app Trov

It took me three months, several meetings, a doctor’s evaluation and lots of paperwork to sort out my life insurance. My car, house, travel and health insurance were easier but nonetheless still complicated and they all felt like grudge payments. And at the end of the day, I’m still not quite sure what or how I am covered. The insurance company feels in control, not me. For my generation that orders food, does their banking and even finds love on their smartphones all within a matter of minutes, traditional insurance just doesn’t make sense or feel good. According to a World Insurance Report, only 36 per cent of Generation Y […]

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Nov
03

EY FinTech Australia Census 2016

FinTech Australia and EY Sweeney release the most comprehensive analysis of Australia’s fintech ecosystem to date, the EY FinTech Australia Census 2016 FinTech Australia and EY Sweeney are today releasing the inaugural EY FinTech Australia Census 2016, the most comprehensive and detailed report on the Australian fintech industry to date. The research was formally launched in Melbourne today by EY’s Anita Kimber at FinTech Australia’s national summit, Collab/Collide 2016 in partnership with LaunchVic. This significant piece of research was commissioned by FinTech Australia as part of their efforts to foster a thriving fintech ecosystem in Australia. The report identifies important characteristics of the Australian fintech industry, and establishes a set […]

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Trov continues to attract Silicon Valley’s most talented

Trov, the revolutionary on-demand insurance platform, continues to bolster its core team through the appointment in July 2016 of Neil Sands – previously Salesforce’s Ignite Chief Experience Officer (CXO) – as its Head of Global Partnerships.   In his role at Trōv, Sands will be responsible for the expansion of the company’s non-insurance partner eco-system: creating engagement with points of sale (POS), as well as developing other types of retail and brand partnerships. Throughout his years at Salesforce, Sands oversaw the expansion of Salesforce’s enterprise innovation team Ignite, during which time Salesforce won Forbes’ Most Innovative Company four years running, working exclusively with Fortune 500 companies.   Sands is the […]

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Jul
05

H2 Ventures Fintech Expo 2016

H2 Ventures Fintech Expo 2016 H2 Ventures are hosting its third annual Fintech Expo, an opportunity to hear from some of the most talked about and exciting Fintech companies in Australia. Tuesday 19th of July 2016 Get your tickets here: http://h2vfintechexpo.eventbrite.com.au/   Save Save

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