Technology

iag-pays-au37m-in-worker-back-pay-due-to-inadequate-systems

IAG targets A$25bn GWP by 2030, ROE above 15% in new five-year strategy

May 12 2026

The insurer said these priorities will be delivered through its retail and intermediated insurance brands and distribution channels.

Zurich appoints Amit Kalra to lead new Global Capability Center in India

Zurich taps Amit Kalra to lead new Global Capability Centre in India

April 29 2026

The new appointment aligns with the rollout of the company's AI-focused centre in the country.

APRA proposes final shift of life insurer data reporting to APRA Connect

April 24 2026

The proposed changes will update three reporting standards and set a single data submission platform for all life insurers and friendly societies.

US insurance firm The Standard opens global capability centre in India

April 23 2026

The US-based insurer’s new global capability centre in India will underpin a shift from vendor-led technology delivery to in-house engineering.

CFC launches agentic underwriting within cyber business

April 22 2026

The agentic underwriting pilot has been rolled out on a limited basis, with all recommendations reviewed and approved by human underwriters.

zurich-names-digbijoy-shukla-to-head-apac-digital-business-as-roopa-malhotra-takes-on-japan-executive-role

Zurich names Digbijoy Shukla to head APAC digital business as Roopa Malhotra takes Japan executive role

April 15 2026

Shukla steps in to lead Zurich Edge as the insurer looks to continue expansion of its digital and embedded insurance footprint across Asia-Pacific.

policystreet-secures-us21m-in-series-c-first-close-led-by-japans-sovereign-wealth-fund

PolicyStreet secures US$21m in Series C led by Japan's sovereign wealth fund

April 1 2026

Insurtech plans to use the new funds to expand in Asia and strengthen its technology platform.

qbe-aurora-unveil-industry-first-lead-algorithmic-underwriting-for-marine-risks

QBE, Aurora unveil 'industry-first' lead algorithmic underwriting for specialty risks

March 30 2026

The AI-driven automation reduces quote-to-bind timelines to under 10 minutes and has debuted with QBE’s British Marine Yacht Protection & Indemnity (P&I) product.

plum-raises-1-93bn-rupees-in-series-b-round-led-by-peak-xv-partners

Indian insurtech Plum raises US$20m in Series B round led by Peak XV Partners

March 26 2026

Employee benefits startup gets funding support as it looks to accelerate expansion into preventive care and AI-driven operations.

MSIG Asia takes equity stake in Ancileo to scale embedded travel cover across APAC

March 26 2026

The partnership aims to help airlines and online travel agencies roll out embedded cover across multiple markets with less structural complexity.

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