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Bringing the Best Reserving Solution In-House for Unmatched Innovation PARIS, NEW YORK and ATLANTA, Sept. 09, 2024 (GLOBE NEWSWIRE) — Akur8, the next generation insurance pricing solution powered by transparent machine learning, is thrilled to announce its acquisition of Arius®, an award-winning P&C reserving software for insurers and reinsurers, known for its innovative tools and … Continued
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The General Insurance Code Governance Committee (CGC) has highlighted its impact on the insurance industry and signals more effective monitoring in the year ahead in its 2023-24 Annual Report. The report, published today, underscores the CGC’s influential role in driving improvements across the industry, with inquiries, investigations and a sanction playing a major role. Chair … Continued
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The General Insurance Code Governance Committee (CGC) has called on insurers to enhance their practices after its follow-up inquiry revealed concerns regarding the oversight of external experts used in claims assessments. The CGC’s report, Oversight of External Experts, is a follow-up to its 2022 report which revealed concerns with the quality of many of the … Continued
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Bupa has announced a new strategic shift in its creative approach and has appointed CHEP Network as its lead creative agency for Australia. The new model will streamline Bupa’s marketing operations and will see CHEP Network partner with support agencies including 2045, Six Black Pens, and Scooter. Bupa Health Insurance Marketing General Manager … Continued
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The truth about cats and dogs is Cavoodles are Australia’s favourite canine, while the Domestic Short Hair has purred its way to the title of Top Cat, according to Bupa Pet Insurance. The list, based on Bupa Pet Insurance policies, shows size doesn’t matter with big dogs like Labradors, Border Collies and Golden Retrievers … Continued
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The Cloud-Native Solution Enables P&C and General Insurers to Deliver Products at Scale by Eliminating the Need for Upgrades BOSTON, Aug. 05, 2024 (GLOBE NEWSWIRE) — Today, Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, announced the general availability of Policy with Active Delivery, a … Continued
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The House Standing Committee on Economics will hold a virtual public hearing tomorrow, 30 July, as part of its inquiry into insurers’ responses to 2022 major floods claims: Tuesday 30 July 2024By videoconference9.45 am to 3.30 pm The Committee will take evidence from Sydney Water, the Australian Building Codes Board, Standards Australia, Engineers Australia and the NSW Reconstruction … Continued
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The House Standing Committee on Economics has published the programs for its upcoming public hearings in Cairns and Townsville, Queensland, as part of its inquiry into insurers’ responses to 2022 major floods claims. The Cairns hearing will be held in the Catalina Room at the Cairns RSL on Wednesday 24 July, from 9.00 am to 4 pm. The hearing will include … Continued
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TUESDAY, 16 JULY 2024: HCF, Australia’s largest not-for-profit health fund, today announced the expansion of its insurance offerings with new Home and Motor Insurance products in partnership with Allianz, one of Australia’s most established insurers. HCF now provides a broad range of home and car insurance options designed to deliver comprehensive coverage, flexibility, and value. … Continued
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The House Standing Committee on Economics has published the program for its upcoming public hearing in Devonport, Tasmania, as part of its inquiry into insurers’ responses to 2022 major floods claims. The hearing will be held in the Aberdeen Room at the Paranaple Convention Centre on Wednesday 17 July, from 9.30 am to 1 pm, and will include evidence from … Continued
