Shares in ASX-listed Credit Clear spiked 18% last week after it revealed it signed four contracts with car insurance clients. The insurtech entered new agreements with Zurich, Aioi Nissay Dowa and another motor insurance specialist last month, and expanded an existing relationship with a fourth large insurance group. It expects to announce more insurance clients in the coming months. Credit Clear – a finalist in the 2022 Australian and New Zealand Institute of Insurance and Finance (ANZIIF) industry awards – offers products based on AI models, automation and predictive analytics. It recently developed an at-fault third party claim system for car insurers in collaboration with a large Australian insurer.