MediMe was selected from among many startups that submitted applications from all over the world to participate in the INSURY Startup Award competition that will be held in September 2022 in Vienna, Austria. One of the most prestigious competitions in the InsureTech world.
MediMe, founded in 2020 by Zvika Ilan and Eli Walles, operates in data management and data-driven systems for the insurance market. MediMe develops a unique and first-of-its-kind self-operation platform to build an insurance profile for end customers, independent of the data held by the insurance companies.
Through a simple data entry process on the part of the customer, the ML/AI-based matching engine, developed by MediMe, allows end customers to analyze the personal insurance profile and the insurance products in the market and create a personalized rating of insurance products optimally and objectively.
“In short, we help end customers become more intelligent and aware when purchasing insurance.” Says the Co-founder and CEO of the company, Mr. Zvika Ilan.
The system has many advantages for private customers, brokers, and insurance agencies – it saves up to 70% of data collection time and about 50% of marketing costs. In addition, the system enables the supply of critical statistical data to brokers and insurance companies.
Even before the system’s launch, there is keen interest in the company from entities dealing with data and insurance worldwide.
The company will launch its first POC in Israel and turn to its international target markets.