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...
View ArticleQBE 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...
View ArticleRiskGenius 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...
View ArticleFast 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...
View ArticleZurich 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...
View ArticleA 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)...
View ArticleCLARA 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...
View ArticleInsurance 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.
View ArticleQBE 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...
View ArticleCorax 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...
View ArticlePaytm, 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...
View ArticleNimbla 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...
View ArticleKoverNow 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...
View ArticleZego 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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View ArticleQBE 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...
View ArticleQBE 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...
View ArticleQBE 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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