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Generali and Descartes launch new ILS Fund

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  • Insurance
  • 05/02/2025
  • 00:10
Duck Creek Technologies

Duck Creek Technologies Launches End-to-End Payments Marketplace and New Integration with Paymentus

Marketplace Reduces Payment Integration from 18 Months to Two WeeksBOSTON, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, announces the launch of its Payments Marketplace, a comprehensive payments ecosystem purpose-built for the global insurance industry. The Duck Creek Payments Marketplace offers seamless integration with trusted payment providers and delivers end-to-end payment management for carriers. Duck Creek announced a significant partnership with Paymentus, (NYSE: PAY), a leading provider of digital payment solutions to our marketplace for ease of integration. This partnership brings billions in…

  • Insurance, Medical Health Aged Care
  • 31/01/2025
  • 14:23
31 January, 2025

Bupa and Healthscope reach a new agreement

Bupa Australia and Healthscope are pleased to announce they have reached a two-year in-principle agreement to ensure customers will continue to experience no additional out of pocket expenses when receiving care at a Healthscope hospital. Bupa Health Insurance Acting Managing Director Kate Williams said the agreement confirmed Bupa and Healthscope’s shared commitment to work collaboratively to deliver affordable, high-quality, and innovative care for their shared patients. “We understand this may have caused our customers some uncertainty while we were working towards an agreement, and I want to thank them for their patience and understanding during the past few months,” Ms…

  • Insurance
  • 29/01/2025
  • 09:47
General Insurance Code Governance Committee

Insurer sanctioned by CGC for serious claims and complaints handling failures

The General Insurance Code Governance Committee (CGC) has sanctioned an insurer for significant breaches of the industry Code of Practice, requiring it to make a $100,000 Community Benefit Payment. Serious failures in the insurer’s handling of claims and complaints significantly impacted 35 customers, including 22 affected by severe weather events. Chair of the CGC Ms Veronique Ingram explained that the insurer did not meet expectations. “When customers turn to insurers for help during times of crisis, they have the right to expect timely, effective, and fair support. This insurer fell well short of that expectation,” she said. Operational changes introduced…

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