Following two highly successful cycles, InsurTech Israel’s international accelerator is launching its third cycle, taking place this year in Munich. The program, which connects breakthrough startups with global insurance companies and investors, continues to serve as an ultra-innovative growth platform for entrepreneurs in the insurance and technology sectors. It is considered one of the world’s leading and most prestigious programs in the global insurtech field.
The remarkable success of the program in recent years has led to growing interest in becoming a partner and assisting in selecting top startups. Increasing attention is coming not only from startups but also from international insurance companies and investment funds, who recognize that the AI revolution is reshaping the rules of the insurance industry. Outstanding insurtech solutions are now emerging not only from
Europe and the U.S., but also from regions that were previously off the radar. From major financial hubs to countries and continents that historically lagged behind in this sector, there are now exciting opportunities to discover groundbreaking technological solutions.
This year, the program is held in collaboration with InsurTech Hub Munich and continues its cooperation with our international partners, who once again selected the representatives participating in the program. These partners include major organizations and hubs in the global insurance industry, bringing their expertise to support participating startups. This joint selection process ensures that each startup is matched with the most suitable opportunities in the global market.
Startups are selected based on their innovation and potential to drive change in the insurance industry — from AI to risk management solutions, and smart technologies in claims management and oversight. The combination of advanced technology and tailored responses to real insurance market needs gives these startups a significant competitive edge globally.
Kobi Bendelak
“The success of our accelerator lies in the fact that we don’t only provide technological support, but also help startups build strategic relationships with major players in the industry,” says Kobi Bendelak, Founder and CEO of InsurTech Israel. “This connection helps them accelerate their growth in the international market.”
In this third cycle, startups have joined from across the globe — including Africa, India, Central and South America, Australia, the U.S., Europe, and Israel. Each startup receives not only technological guidance but also a tailored process to develop marketing strategies, connect with investors, and gain exposure to the global insurance ecosystem. Moreover, startups benefit from a comprehensive framework supporting their business and financial development, including meetings with industry experts and insight into the unique needs of both local and global markets.
Participants from previous cycles successfully raised capital and formed strategic partnerships with some of the world’s largest insurance companies and are expected to continue this momentum. “This connection helps them accelerate their growth in the global market,” Bendelak adds. Startups from earlier cohorts presented innovative solutions that had a direct impact on the global insurance industry, offering not only new ideas but also the potential to transform the way insurance operates today.
The InsurTech Israel International Accelerator is not only creating meaningful connections between startups and insurance companies but also providing a platform for technological innovation in the insurance sector, helping pave the way for global success. This year, with the collaboration of InsurTech Hub Munich, the program aims to expand its impact and propel startups into new and challenging markets around the world.
