Technology

IAG's Firemark Ventures invests in 7Analytics

February 11 2025

Investment in insurtech aligns with IAG’s plan to improve underwriting and streamline flood-related claims.

MSIG Singapore appoints Inova Care for health insurance claims management

January 15 2025

MSIG Singapore appoints Inova Care as health claims service provider in bid to help manage rising medical costs.

2025 outlook: Trump, India, and easing the insurance talent shortage

January 15 2025

The new US President is the biggest unknown this year for Asia Pac insurers but opportunities also exist in India and embedded insurance.

moodys-set-to-acquire-goespatial-real-estate-intelligence-firm-cape-analytics

Moody’s set to acquire geospatial data analysis firm, CAPE Analytics

January 14 2025

CAPE Analytics creates property intelligence analytics through computer vision, machine learning, and geospatial imagery for regions including Australia, The U.S., and Canada.

AI-driven startups building solutions to help APAC insurers manage nat cat risk

A.I. tech firms building solutions to help APAC insurers manage nat cat risk

January 8 2025

New ventures, technology offer enhanced geospatial mapping and modelling to support insurers' risk strategies.

India extends crop insurance schemes to 2025-26

January 7 2025

The government also announced new technology initiatives to improve crop insurance efficiency and weather forecasting for farmers nationwide.

Aon partners with Fathom to enhance flood risk analysis offering

December 20 2024

Aon's Climate Risk Monitor now provides flood risk evaluation at a resolution of 10 square metres for Japan, the U.S., and the UK.

Suncorp signs five-year Microsoft partnership to advance AI use

December 12 2024

Partnership includes deploying generative AI tools to streamline claims processing, enhance employee efficiency, and ensure ethical AI governance.

Insurers, insurtechs must lift the lid on AI black boxes, experts warn

December 5 2024

Industry must ensure AI models are transparent, explainable, and justifiable, say panellists.

Philippine Insurance Commission, Privacy Commission sign MOA on data privacy

December 5 2024

New agreement will guide the use of Privacy-Enhancing Technologies in the insurance industry.

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