Insurance

Aug
28

Australian start-up to take world-first small business insurance technology global

Dynamic Australian insurtech, Evari Insure, has announced the establishment of a London office as it prepares to take its game-changing small business insurance product global. The international expansion into the world centre of insurance was announced on Monday by the Hon Julie Bishop MP as she officially opened Evari Insure’s national headquarters in Perth. It’s another significant milestone for the company that in under two years has gone from the three founders working around a kitchen table to a 20 plus workforce, premises in the heart of the Perth CBD, a partnership with RAC Insurance and acknowledgement as one of MYOB’s fastest growing partners for 2018. There’s also strong international […]

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Aug
27

ANZ’s OnePath lists OneCare on HUB24

ANZ’s OnePath has made its OneCare life insurance available through HUB24, providing advisers and their clients with a greater selection of insurance products. OneCare offers advisers a comprehensive range of insurance cover that can be tailored for clients’ needs throughout their different stages. For the past two years, OnePath has won The Consumer Choice Awards Best Turnaround Time Award and Claims Team of the Year, supporting its best in class commitment to claims service and support. According to ANZ’s Head of Life Insurance Gerard Kerr, OneCare’s flexible structure and easy accessibility provides advisers and their clients with a true lifetime insurance solution. “With OneCare now available on the HUB24 platform, […]

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Aug
12

How Fintech is making Insurance more affordable

Fintech is one of the most rapidly growing fields at the moment, not just in the technological sector but as a whole. And it makes a lot of sense when one considers the numerous implications it has in our everyday lives, especially when it comes to large-scale institutions’ operations and the way they are able to meet the demands of large numbers of people. Insurance companies are seeing some strong benefits from the growth of fintech and their connection to that industry, and it’s interesting to think about the future possibilities for the cheap insurance sector. Better Customer Segmentation Companies now have access to much more data about their customers, […]

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Jun
29

AstuteWheel launches new Astute Insurance Planner solution

AstuteWheel has today launched its latest fintech solution, Astute Insurance Planner, which enables advisers to provide better risk advice more efficiently. The solution, which reduces the time taken to prepare risk advice to about an hour integrates three FinTech software systems to provide one seamless solution. It includes an online mini fact-find and risk needs analysis calculator, created by AstuteWheel; a risk research and quoting tool, which is an integrated OmniLife App; and a Workflow, Statement of Advice wizard and CRM provided in Seido. Seido is an integration hub designed by YTML to solve the connectivity challenges advice businesses face when delivering advice. Hans Egger, Managing Director of AstuteWheel, said, […]

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May
16

FinTech Australia announce finalist for The Finnies 2018

FinTech Australia and Jobs for NSW have come together for the second year to host the national fintech awards, The Finnies. The Finnies will culminate in a Gala Awards Night Wednesday 13 June 2018 in Sydney. For more information go here. Here is the full list of finalists for the 2018 Finnies: Best Workplace Diversity ● BRICKX ● FirstStep Investments ● Link4 ● Valiant Finance Emerging FinTech Leader of the Year ● Brad Delamare – CEO, Tank Stream Labs ● Louis Edwards – Head of Renewable Energy Finance, RateSetter Australia ● Nick Molnar – Co-Founder & CEO, Afterpay ● Jack O’Reilly – Director, funding.com.au ● Rebecca Schot-Guppy – Community Manager, […]

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Mar
22

GROW Super begins group insurance innovation

GROW Super is partnering with one of the world’s largest reinsurers to explore the potential for blockchain technology within group insurance. Entering a joint venture with Hannover Life Re Australasia, GROW will use R3’s Corda blockchain infrastructure to deliver improved customer experiences. “Combining the scale, knowledge and brand of Hannover Re with GROW’s innovative technology and unique way of solving problems promises fantastic outcomes for customers,” GROW Super chief executive Josh Wilson said. “Using Corda allows us to be completely confident in the integrity of infrastructure of the distributed ledger. This will allow us to focus with Hannover Re on creating customer experiences that will eventually be seamless, immutable and […]

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Jan
19

Big opportunity for insurance fintech startups

DXC SpringBoard is looking to reward innovative companies that are developing systems for the insurance industry. IT services company DXC Technology, in collaboration with fintech accelerator Stone & Chalk, is running a national competition for late-stage startups developing systems that will benefit insurers. DXC SpringBoard has two categories, one for systems that work with DXC’s digital insurance as a service platform, and the second for standalone products. The expectation is that entrants will have a focus on prevention, remediation and customer engagement. Workshops – including technical tutorials, business guidance and sales coaching, led by DXC Technology and Stone & Chalk – will help entrants prepare for the final presentation and […]

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Jan
15

Compare Your Life’s iFace Technology is embraced by users

Melbourne based firm Save U has partnered with Cloud technology provider iFace (Compare Your Life) to start consolidating the need for multiple software applications. Save U’s CEO, Stephen Clarkson is impressed with the efficiencies the software has brought to his business.   ‘Our decision to purchase was made in the initial presentation, as the quality of the software and the utilisation of the most up to date technology made the choice incredibly easy to make. We had been searching for a solution for 3 years, and this ticked all the boxes that we were looking for.   The migration from our legacy product was seamless and after 15 minutes of […]

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