Ahead of the 11th cohort of the Israeli InsurTech Accelerator, InsurTech Israel and Direct Lab, the innovation arm of IDI, highlight the achievements of program alumni — from significant funding rounds and international expansion to partnerships with leading global insurers. Their success demonstrates the value of connecting emerging technologies with established insurance industry leaders.
As the Israeli InsurTech Accelerator prepares to launch its 11th cohort in November 2026, InsurTech Israel and Direct Lab, the innovation hub of the Tzur Shamir Group — which includes IDI, Direct Finance, Adgar, and Nima — are celebrating the achievements of startups that have participated in the program over the past ten cohorts.
These alumni represent a diverse range of technologies, from artificial intelligence and claims automation to catastrophe risk prediction, employee benefits, and cognitive health. Their progress reflects both the strength of Israel’s technology ecosystem and the growing role of Israeli innovation in the global insurance industry.
Building a Bridge Between Startups and the Insurance Industry
Over the years, the Israeli InsurTech Accelerator has developed into an international platform connecting technology startups with insurers, senior executives, industry experts, and business opportunities around the world.
At the heart of the program is a collaborative model that brings together entrepreneurs and established insurance organizations.
Rather than focusing exclusively on technology development, the accelerator helps startups understand real industry challenges, refine their solutions, establish relationships with decision-makers, and explore opportunities for commercial partnerships and international expansion.
Direct Lab, the innovation arm of IDI, has played an important role in this model as a leading partner of the accelerator.
Through its involvement, Direct Lab contributes industry expertise, practical insights, and access to insurance professionals, helping startups better understand market needs and develop solutions with commercial potential.
The partnership reflects a shared belief that supporting innovation goes beyond adopting new technologies. It also requires investing in entrepreneurs, strengthening the broader ecosystem, and creating an environment in which emerging companies can grow and compete internationally.
Nine Alumni Success Stories
The achievements of nine accelerator alumni illustrate the diversity of the program and the international progress of Israeli technology companies.
Healthee — Transforming Employee Health Benefits, Over 100 million Dollar raised – Serving more than 15,000 employers
Healthee has developed an AI-powered platform designed to simplify the management and understanding of employee healthcare benefits.
The company has expanded significantly in the United States, working with employers to help employees navigate their healthcare coverage and benefits.
Its growing customer base includes organizations such as SiriusXM and Instacart, demonstrating the increasing demand for technology that makes healthcare benefits more accessible and easier to manage.
Encore — Bringing AI Agents to Insurance, 30 million Dollar raised – Expanding AI applications across insurance
Encore develops AI-powered solutions and intelligent agents for the insurance industry, helping organizations automate workflows and improve operational efficiency.
The company has expanded its activities and developed relationships with prominent industry and technology organizations, including Team8, AIG, and Lemonade.
Its progress reflects the growing adoption of AI-driven technologies across the insurance value chain.
Five Sigma — Modernizing Claims Management, International expansion into Australia and New Zealand
Five Sigma provides an advanced claims management platform designed to help insurers modernize and automate claims operations.
The company has expanded its international presence, including activity in Australia and New Zealand, while developing relationships within the global insurance technology ecosystem, including Luminary and Celent.
Its technology addresses one of the industry’s most important operational challenges: improving claims efficiency while delivering a better customer experience.
Ravin AI — Reinventing Vehicle Damage Assessment: International expansion, AI-powered vehicle inspection
Ravin AI develops computer vision technology that enables automated vehicle inspections and damage assessment.
Its solutions support insurers, fleet operators, and automotive industry participants in evaluating vehicle conditions and identifying damage through AI-based image analysis.
The company has expanded internationally, demonstrating the potential of computer vision to improve efficiency and accuracy in automotive insurance and related industries.
Astroteq.ai — Advancing Earthquake Risk Prediction, Operating in 33 countries | 7 million Dollar raised
Astroteq.ai develops AI-based technology aimed at predicting earthquakes and providing early warning capabilities.
With reported activity across 33 countries, the company is expanding its engagement with insurers and international organizations.
Its technology is positioned to address challenges associated with seismic risk, catastrophe preparedness, and the protection of people and assets.
Evon AI — AI Agents for Insurers and Brokers, Expanding into the US market
Evon AI develops intelligent AI agents and automation solutions designed specifically for insurers and insurance brokers.
The company’s technology supports the automation of business and operational processes, helping insurance organizations improve productivity and streamline workflows.
Its expansion into the United States reflects the increasing demand for specialized AI solutions across the insurance sector.
Emotion Logic — Understanding Customer Behavior Through Technology, International partnerships, Expansion across Latin America
Emotion Logic develops technology for analyzing human emotions, behavior, and customer needs.
The company has expanded its international activities, particularly in Latin America, and established relationships with organizations including Zurich, Galicia Seguros, and Banco Industrial.
Its solutions demonstrate how advanced analytics and behavioral technologies can support customer engagement and improve interactions across insurance and financial services.
Shuffll — Scaling Video Creation With AI, More than 350,000 videos generated per month
Shuffll has developed an AI-powered platform that enables organizations to produce professional video content at scale.
By automating significant parts of the video production process, the platform helps businesses create content more efficiently and at substantially greater volume.
The company’s growth illustrates how technologies developed by accelerator alumni can create value beyond traditional insurance applications.
Effectivate — Technology for Cognitive Health, More than 40,000 users | 7 million Dollar raised
Effectivate develops a technology platform designed to improve cognitive abilities through personalized digital training.
With more than 40,000 users and $7 million raised, the company has expanded its international activities and developed partnerships in the cognitive health sector.
Its progress demonstrates the potential of technology-driven health solutions and their relevance to the broader health and insurance ecosystem.
The Role of Industry Partnerships in Startup Success
The achievements of these companies demonstrate the importance of combining technological innovation with practical industry knowledge and international business connections.
A key element of the Israeli InsurTech Accelerator is the active participation of insurance companies and industry partners.
Their involvement enables entrepreneurs to gain direct exposure to the challenges facing insurers, learn from experienced executives, and better understand the commercial and operational requirements of the industry.
Direct Lab’s partnership with InsurTech Israel represents an important part of this approach.
By connecting the experience and market knowledge of IDI with the creativity and technological capabilities of emerging startups, the partnership helps strengthen the Israeli InsurTech ecosystem.
Importantly, this collaboration is not limited to a single startup or technology. It reflects a broader commitment to supporting innovation, developing entrepreneurial talent, and helping Israeli companies establish a meaningful presence in international markets.
Direct Lab: Supporting the Next Generation of Insurance Innovation
Heli Mirel
Heli Mirel, VP, Head of Development & Innovation at Direct Lab, IDI, commented: “We believe Israeli innovation has tremendous potential to shape the future of the insurance industry, and that collaboration between leading insurance companies and technology entrepreneurs is essential to realizing that potential.
“Through our innovation arm, we work to connect the knowledge and experience of IDI with the technological capabilities and innovative thinking of Israeli startups.
Our partnership with InsurTech Israel and our involvement in the accelerator reflect our commitment to developing the Israeli innovation ecosystem.
“We are proud to be part of a program that has consistently helped technology companies grow, connect with the insurance industry, and create the conditions for their continued development.
“The success stories of the accelerator’s alumni demonstrate the strength of Israeli InsurTech and the importance of sustained collaboration between the industry and the entrepreneurial community.”
Measuring Success Beyond the Accelerator
Kobi Bendelak, Founder and CEO of InsurTech Israel, commented: “The true measure of an accelerator is not only what happens during the program, but more importantly, what happens to the companies in the years that follow.
“After ten cohorts, we are seeing alumni companies that have raised tens of millions of dollars, expanded into dozens of countries, established partnerships with some of the world’s leading insurers, and brought Israeli innovation to the global insurance market.
“These achievements reflect the success of our accelerator and the unique model we have developed, based on close collaboration between entrepreneurs, insurance companies, and our partners in Israel and around the world.
“Our partners play a central role in this success. Direct Lab, the innovation arm of IDI, has been a leading and highly valued partner in the accelerator and in strengthening the Israeli InsurTech ecosystem.
“Its involvement, professional expertise, and commitment to innovation are an important part of the foundation that enables us to support young technology companies as they develop and grow.
“We are proud of this partnership and its contribution to the program’s success, and we look forward to continuing our work together to support the next generation of Israeli InsurTech companies.”
Looking Ahead: The 11th Cohort
The 11th cohort of the Israeli InsurTech Accelerator begins in November 2026, bringing together a new group of startups selected by a professional committee that includes representatives from insurance companies and program partners.
Throughout the program, participating startups will benefit from mentoring sessions with senior insurance executives from Israel and international markets, professional workshops, exposure to investors, and opportunities to establish business relationships across the global insurance ecosystem.
Direct Lab will continue its involvement as a key industry partner, alongside other leading organizations committed to advancing innovation in insurance.
As the accelerator enters its next chapter, the achievements of its alumni provide a compelling illustration of what can be accomplished when entrepreneurial talent, technology, industry expertise, and international networks come together.
For InsurTech Israel and Direct Lab, the objective remains clear: to help promising Israeli technology companies turn innovation into sustainable businesses with a global impact.
