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 Hi <<First Name>>,


This month we're pleased to welcome new member handdii, and new partners Accountancy Insurance and Assetinsure.  It's great to have you as part of the Insurtech Australia community! 

It's been a busy month. The third of RAA's Future of Mobility series was held on 17th August in Adelaide, resulting in some interesting dialogue around the topics of vehicle access and ownership. Our panel discussion on Insurtech and ESG (sponsored by Insurtech Gateway and Envest) was held in Sydney on 24th August, closely followed by another successful ANZIIF Australian Insurance Awards ceremony the night after.  Congratulations to everyone involved - whether you were a finalist, a category winner, sponsor or presenter.

Make sure you catch this month's podcast, with Vanessa Dobson discussing all things AuditCover with Founder and CEO Gil Snir.  

And finally, read about Insurtech Australia's delegation to this year's ITC Vegas, departing in the next couple of weeks. This is the biggest global insurtech event, and we're aiming to make the most of this opportunity to raise Australia's profile! Reach out to us with any questions. 

As per usual, please don't hesitate to contact us.  

The Insurtech Australia Team

NEW MEMBER

handdii connects insurance companies and their customers directly to a high quality network of local contractors, to fast track small property claims.

We extend a warm welcome to handii as they become part of our Insurtech Australia community.
NEW PARTNERS
Accountancy Insurance is the leader in protection for accounting professionals, with their flagship Audit Shield Tax Audit Insurance solution supported by their PI Shield and Cyber Shield offerings, assisting thousands of accounting firms in Australia, New Zealand, and Canada.  They are strongly focussed on insurance innovations for accounting professionals, and will never stand still in seeking out the best solutions available for business intelligence, security, compliance, process, tools, and more.
 
 
Assetinsure Pty Ltd is a specialist insurer and investor headquartered in Sydney and has operated in Australia since 2004.  Forming part of a global collection of diversified insurance holdings, Assetinsure operates across various credit lines of business and general insurance agency relationships.
 Assetinsure Risk Partners delivers both investment capital and a licence platform to like-minded insurance entrepreneurs committed to building businesses of tomorrow. 
MEMBER NEWS
ANZIIF Awards
The 18th Annual ANZIIF Awards last Thursday 25th August did not disappoint. Many of our partners and members were involved - whether it be through sponsoring, presenting (ie, Insurtech Australia's CEO and ANZIIF Board member Simone Dossetor), or as finalists. 
A stand-out for us at Insurtech Australia was having two members amongst the three finalists for the Insurtech Startup of the Year award, Advisr and Mitti. The gong ultimately went to Mitti - congratulations! 
For a full wrap up of the awards, follow this link
Agile launches 50th product on platform
Agile has launched Commercial Legal Fees on their Powered by Agile platform. This product is designed to cover policyholder legal costs and expenses. And that’s not all! Agile and HDI Global Specialty have partnered to relaunch Dream Wedding Insurance. Read more about it HERE.
Fathom and Reask partner to create combined wind and flood risk models
Climate risk analytics firm Reask has joined forces with Fathom, a leading flood risk modelling business, to build out comprehensive climate and catastrophe models for both flood and cyclones. Read all about this exciting collaboration!
Cover Genius partners with Zip
Cover Genius, leaders in embedded insurance, have partnered with global Buy Now Pay Later player Zip. Initially launching in Australia, this collaboration will offer customers tailored insurance protection embedded into the payment process.
Coverhero launches new API, eyes US
Sydney-based Coverhero has launched a new Application Programming Interface (API), and expects to break into the US market in 2023. Read founder Naby Mariyam’s interview on Coverhero’s new product HERE.
How effective are your company's compliance frameworks?
This month we highlight an upcoming InsurTech podcast featuring Clyde & Co’s Special Counsel Yvonne Lam and Tetiana George, CEO and Co-founder of Curium. They will be discussing whether current compliance frameworks are still effective post Covid-19 and the Financial Services Royal Commission, and what you need to know now.
For a brief teaser, click here - we'll include a link to the full podcast (due for release next week) in our October newsletter. 
5-star Insurance Innovators
Insurance Business Australia has just released their list of 5-star Insurance Innovators, and we celebrate our members and partners who have made an appearance! Click on the link to read more, including interviews from some of our insurtech industry leaders.
KOBA Insurance's equity crowdsource funding round is in full-swing!
Launched this week and with only another couple of weeks to run, KOBA is already over-funding and closing in quickly on their $1M target. For more information on this crowdfunding partnership with Birchal (and a real time progress check!), click on this link
INSURTECH AUSTRALIA PODCAST
Gil Snir, Founder & CEO of AuditCover, is our guest this month. Responding to a niche complaint from a tax accountant, Gil left behind his Digital Marketing & Advertising agency to pursue big goals in insurance. Building out a hyper-collaborative founding team, AuditCover is in high demand while building a solid following through their 'Audits Uncovered' webinar and podcast series. We talk trusted advisers, brilliant jerks and cultural alignment – enjoy!
PARTNER NEWS
Attention Students!
Blake Oliver's Connect event is getting closer! This exclusive, invitation-only event for shortlisted successful students is a great opportunity. Over lunch, you will sit at a table with insurance company, broking house or law firm executives, selectively chosen based on your degree skillset and their hiring requirements.
This unique event is being run in conjunction with ANZIIF and Insurtech Australia. Follow this link for more information, get in quick with your expression of interest, or tag a student you know!

DXC Technology - The Matchmaker
DXC Technology, partnered with Insurtech Australia, will kick off their annual Invitational contest next month. The competition, now in its fourth year, is designed to facilitate collaboration between startups and major insurers, providing access to resources and new markets.
For more comprehensive info about the invitational, including dialogue from DXC's Michael Neary and Insurtech Australia's Simone Dossetor, follow this link
If you would like to participate in the Invitational, please contact us at hello@insurtechaustralia.org 
2022 Technology Scale-Up Awards
This event was held virtually in late August, with sponsors including our new partner Hamilton Locke. Congratulations to all the winners. You can watch the ceremony HERE.
Special congratulations must go to FinTech of the Year category winner (and Insurtech Australia partner) POP Holdings. A well deserved accolade!
WNS
Information Services Group's recent Briefing Note examined how some of the foremost insurance BPO providers leverage new age technologies, assisting Australian insurers in optimising their operating costs, enhancing customer experience, staying competitive and driving business growth.
The Briefing Note named Insurtech Australia partner WNS as one of the leading service providers in this field!   Read here...   
INSURTECH NEWS
ITC Vegas
With its millions of lights, Las Vegas is considered the brightest spot on Earth, when viewed from space. Therefore, in a city that was founded on the belief that anything is possible, it is befitting that such a place will continue the insurtech journey for 11 of our insurtech members.

InsureTech Connect (ITC) Vegas is the world’s largest insurtech event, bringing together attendees from the insurance and tech industries, entrepreneurs and investors. This global gathering of insurance industry participants will showcase opportunities, thought-leadership and new innovation ideas from over 100 countries.  

Insurtech Australia are leading a delegation of insurtech members to ITC on the 20th - 22nd September 2022, Mandalay Bay, Las Vegas, with QBE Ventures as our Lead sponsor for ITC Vegas 2022 and supported by Investment NSW.

We wish luck and good fortune to our member organisations participating including; Advisr.ME, AYLA, Cognitive View, Cover Genius, Cover Hero, handii, Open, Reask, Staunch Technology, 1WordFlow and Zemble.

IA will host pre-conference event sessions including speakers and participants from our global alliance partners such as Insurtech Israel, Insurtech Hartford along with opportunities to meet with insurers, investors and other industry experts.

For a full event agenda please go to Insuretech Connect and for more information on eligibility to participate next year, please contact the IA team!

Special offer from Stone and Chalk
Stone and Chalk have a special  Insurtech Australia members-only offer.
If you're interested in discounted space in the Sydney Startup Hub, read here, contact us at hello@insurtechaustralia.org, OR contact Stone and Chalk directly at:
stoneandchalk.com.au  or  techcentral@stoneandchalk.com.au
The Bima Manthan Hackathon closes soon! You only have until 6th September to get your registration in.
The Hackathon provides an opportunity for individuals or entities to develop or provide technology-driven solutions to existing challenges.
Register for the Hackathon, and read more about it either on the website or via India Insurtech Association's LinkedIn post.
INVESTOR VIEW
Insurtech for Climate Resilience
With 70% of our global food supply provided by smallholder farmers and the insurance industry not set up to give them the support they need, the team at IBISA - enabled by the expertise and support of Insurtech Gateway - is aiming to facilitate change by using technology to make insurance fairer for underserved farmers. Read about it  here.

 
COMMUNITY PARTNERS
RegTech Event
As part of their RegTech Edge No Borders Program, our Community Partners RegTech will be running their latest Online offering on Employment Compliance Solutions on 8th September. Register here.
Fintech Australia Census 2022
FinTech Australia, in collaboration with EY Sweeney, are conducting the 2022 FinTech Australia Census. The Census will close on 9 September so, if you're working at a Fintech, put aside 10 minutes to participate.
Organisers are hoping to gain a better understanding of the industry, setting the basis for FinTech Australia's policy agenda moving forward.
Access the Census HERE.
UPCOMING EVENTS
Embedded Insurance
Fintech and their presenting partner Department of Jobs, Precincts and Regions, will host this panel discussion on Embedded Insurance as part of Intersekt 2022 (running in Melbourne 7 - 8 September 2022). Join panelists Nigel Fellowes-Freeman (Kanopi), Danni Robson (Yarris Technologies), Bill Angelidis (Day by Day) and moderator Simone Dossetor (Insurtech Australia).
Thanks to major sponsors Australian Trade and Investment Commission (Austrade), Till Payments and Swyftx.   

Register here
 
Payments, PayTo and Prosecco....or Beer?
(Community Event) 6 September (In-Person Event)
Join Monoova and Insurtech Australia in this pre-Intersekt event in Melbourne on Tuesday 6th September, as Monoova Co-founder and CEO Christian Westerlind Wigstrom discusses API solutions and automating real-time payments.
Get in quick and register here
 
Dive-In Festival is Coming!
The annual global Dive-In Festival (The Festival for Diversity & Inclusion in Insurance) will take off on 27th September, running virtually for 3 days.
There are a multitude of events, covering a wide spectrum of topics. It's not too late to register, and - who knows - you might see familiar faces in the speaker line-up!
For full information, including sign-up links, visit the Dive-In Festival website.
PAST EVENTS
Insurtech and ESG - Wednesday 24th August 2022
We would like to thank panelists Simon O'Dell, Jacki Johnson, Binuo Erth, Nicholas Martin and Tobias Grimm, and moderator Danica Bunch, for an interesting discussion on the current status of ESG, the role of corporations in driving sustainability, and the critical role insurtech can play. 
Thanks also to sponsors Insurtech Gateway and Envest for their assistance in staging the event. 
SAVE THE DATE - What's on in 2022!
Member-Only Educational Sessions:
Insurance Regulation Focus - The Fold Legal (Virtual)
- Session 2: Design and Distribution – Product Innovation (Date TBA)
- Session 3: Marketing and Promotion – Do’s and Don’ts (Date TBA)

Partner Event:
DLA Piper / Insurtech Australia - Brisbane Networking Event - 19th October (in-person)

 

Become a Member or a Partner

Insurtech Australia is helping make Australia a world leader in Insurtech by fostering a diverse community of insurance innovation and collaboration by bringing together insurtechs, insurance practitioners, entrepreneurs, technologists, innovators, and industry stakeholders across Australia.

If you are an insurtech and you are not a member yet, please get in touch for how to join.

Alternatively, if you work for a corporate insurance organisation and interested in corporate partnership, please get in touch for more information.

More info.

 

Share your news

Thanks for reading!  Have something to share with the insurtech community? 
Please send to hello@insurtechaustralia.org

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