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Channel: QBE Insurance Archives - Coverager - Insurance news and insights
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QBE sets aside $50 million for insurtech investments

A week after Swiss insurance group Baloise announced it has committed $49.57 million to fintech-slash-insurtech VC and advisory firm Anthemis Group to invest in insurance startups, QBE is making a...

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QBE opens Digital Innovation Lab

QBE North America, an Australia-based global insurer with offices in Wisconsin, has opened a unique new Digital Innovation Lab in Sun Prairie. The lab was unveiled to over 200 people on Feb. 22, as...

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RiskGenius Announces Partnership with QBE

Overland Park, KS – October 26, 2017 – RiskGenius, developer of the RiskGenius Platform, which utilizes highly-specialized algorithms and artificial intelligence (AI) to organize the world’s insurance...

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Fast Five: Chris Cheatham, CEO, RiskGenius

The highlight of today’s insurance-slash-insurtech partnerships in 5 words? QBE’s Insurtech Chapter One = RiskGenius. Let me explain. AI-based PaaS provider RiskGenius announced its first industry...

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Zurich Acquires QBE to Become the Leading Insurer in Argentina

Zurich has entered into an agreement to acquire the operations of Australian insurer QBE in Latin America for a total aggregate price of $409M subject to closing adjustments. The transaction, which is...

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A Stronger, Simpler QBE is in the Making

QBE has announced changes to its structure to simplify its operations and build a more streamlined, agile and customer-oriented business. Effective  Jan. 1, 2019, QBE’s operations will comprise of: (1)...

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CLARA Analytics Expands Relationship With QBE Insurance

CLARA Analytics , the Santa Clara-based provider of AI for commercial lines, has announced that QBE Insurance has expanded its adoption of CLARA’s AI-based product suite across its Australian...

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Insurance Players With Innovation Units

Recall insurers with innovation units below .   The post Insurance Players With Innovation Units appeared first on Coverager - Insurance news and insights.

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QBE Insurance Automates Non-Complex Claims

QBE Insurance Australia is now automating non-complex claims to ensure a faster recovery time for customers following a new Loss Adjuster partnership model forged with Sedgwick. The insurer has...

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Corax partners with QBE

QBE’s European operations has partnered with cyber exposure data company Corax to use its platform to underwrite and manage cyber risk exposure with increased accuracy. “Carriers want more...

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Paytm, Vijay Shekhar Sharma to acquire Raheja QBE

Paytm, India’s largest digital payments company, and its cofounder and chief executive, Vijay Shekhar Sharma, have reached an agreement to acquire insurance company Raheja QBE for $76 million. The...

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Nimbla raises $6.9 million

London-based Nimbla , a digital managing general underwriter focusing on the small and medium-sized enterprise (SME) credit insurance market, has raised $6.9 million in a funding round led by Silicon...

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KoverNow launched its mobile insurance app for Android

Singapore-based digital insurance platform KoverNow launched its first Android app, along with an enhanced version of its existing iOS app, both providing an ‘easy-to-use’ interface and services aimed...

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Zego partners with QBE

QBE Insurance will underwrite Zego’s behavior-led fleet product, which leverages telematics data to assess a fleet’s risk profile. Last week, Zego announced the launch of its Risk Management solution...

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QBE embraces cyber insurance to drive growth and customer retention

QBE Insurance hosted its H1’23 earnings call on Aug 9, 2023. Select highlights: Underwriting Performance: Impacted by catastrophe costs, leading to a combined operating ratio of 98.8% (97.6% when...

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QBE North America’s CEO steps down from role

QBE Insurance announced the exit of CEO Todd Jones from QBE North America . “During his time with QBE Todd has simplified our North America operations to focus on investing and growing our three core...

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QBE appoints Steve Ferguson to Board

QBE Insurance announced the appointment of Steve Ferguson as an Independent Non-Executive Director to the QBE Group Board. Mike Wilkins, Chairman of the QBE Group Board, said, “It is my pleasure to...

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