Browsing: #featured

The Novidea company, which developed a cloud-based data-driven platform for managing insurance agencies, brokers, and MGAs/MGUs, will perform a full integration for a car insurance price quote, with the Israeli technology company Qualla, directly from within the agent’s workspace. It was reported that until today, insurance agents had to deal with a cumbersome process of producing car price quotes, which included moving between different systems, double entry of data, and a high risk of human errors. The new solution allows agents to manage the entire process in one window, directly from the customer’s screen. The result is a continuous,…

NVIDIA — the world’s leading technology company — together with InsurTech Israel are excited to invite you to our annual ecosystem summer opening event. Join us for a special evening on the rooftop of NVIDIA’s offices in Tel Aviv, bringing together friends, partners, investors, insurance executives, and startups from across the ecosystem. No agenda ,  No panels , Just great people, food, drinks, networking, and sunset vibes overlooking Tel Aviv We are also honored to host Alon Huri as our special guest for the evening. NEXT Insurance was acquired last year by Munich Re group in a landmark $2.6 billion…

In 2026, New York-based Novella – which has a research and development facility in Tel Aviv, Israel – has opened offices in Miami, Florida, and Houston, Texas, and it plans further US openings, including in southern California in Q2. Founder and Chief Executive Officer Max Kane said Novella’s AI agents handle placement, binding, form comparison, policy review, subjectivity collection, inspections, billing, endorsements, renewals, and more. This allows producers to focus 100% of their time on building client relationships and growing their books. “We believe pairing world-class producers with world-class AI is the recipe for success,” said Mr. Kane. “AI will…

Click-Ins (www.click-ins.com), a leading provider of AI-powered vehicle damage detection, today announced an integration with Insurance Auto Auctions, Inc. (IAA), a leading global digital marketplace connecting vehicle buyers and sellers. The integration embeds Click-Ins’ automated damage detection technology into the IAA Inspection Services® capability suite for insurance clients. Through this integration, Click-Ins’ technology analyzes vehicle condition and damage when insurance carriers assign salvage vehicles to IAA, delivering accurate, objective and consistent damage assessments in real time. The result is a faster, more transparent virtual inspection experience for IAA’s insurance partners within its existing workflow. “This integration with IAA represents a…

Quartz Claims, an Australian third-party administrator (TPA) serving insurers, MGAs, and program partners across Australia and New Zealand, today announced a strategic partnership with Five Sigma, the AI-native claims technology company. Quartz Claims has selected Five Sigma’s Claims Management Platform and Clive™, Five Sigma’s Multi-Agent AI Claims Expert, as the core infrastructure for its claims operation. Quartz Claims was founded to redefine what insurers and program partners should expect from a modern TPA: faster outcomes for policyholders, transparent operations, and the ability to onboard new clients and lines of business in weeks rather than quarters. Instead of layering artificial intelligence onto…

Hyun Joe Kim, executive vice president, Samsung Heavy Industries and Yarden Gross, founder and chief executive, Orca AI Leading maritime AI company Orca AI has signed a Memorandum of Understanding (MoU) with Samsung Heavy Industries (SHI), one of the world’s leading shipbuilders, to jointly accelerate the development, deployment and scaling of next-generation autonomous vessel technologies in real-world operations. The phased collaboration will combine SHI’s autonomous solutions with Orca AI’s AI-powered maritime operations platform, enabling the scaled deployment of AI-assisted navigation, berthing, and speed optimisation across both newbuild vessels and existing fleets. As part of the partnership, Orca AI will integrate…

Fast Cover, an award-winning Australian travel insurance provider headquartered in Sydney, successfully deployed a new AI-powered claims management platform in partnership with insurtech provider Five Sigma, marking a significant milestone in its claims transformation strategy. Now live in production, the platform enables Fast Cover to deliver faster, more intelligent, and more transparent claims experiences for customers. The rollout strengthens Fast Cover’s ability to respond to travel-related incidents globally, streamline claims processing, and support its team with real-time insights and decision-making tools. Travel insurance claims present unique operational challenges, with events occurring anywhere in the world and often requiring urgent action across…

Artificial intelligence is not replacing traditional cyberattack methods – it is making them more effective. This emerges from the InsurSec report published by cyber insurance company At-Bay for 2026, based on 2025 data. At-Bay provides integrated cyber insurance and security solutions to approximately 40,000 businesses in the United States (representing combined revenues of 800 billion dollars). The report is based on an analysis of more than 100,000 policy-years of At-Bay cyber claims data. The report shows that while incidents involving deepfakes and other extreme artificial intelligence scenarios have not yet become a central component in cyber claims, artificial intelligence is…

Fast Cover, an award-winning Australian travel insurance provider headquartered in Sydney, successfully deployed a new AI-powered claims management platform in partnership with insurtech provider Five Sigma, marking a significant milestone in its claims transformation strategy. Now live in production, the platform enables Fast Cover to deliver faster, more intelligent, and more transparent claims experiences for customers. The rollout strengthens Fast Cover’s ability to respond to travel-related incidents globally, streamline claims processing, and support its team with real-time insights and decision-making tools. Travel insurance claims present unique operational challenges, with events occurring anywhere in the world and often requiring urgent action across…

The selection process for the 10th cohort of The Israeli InsurTech Accelerator marks another significant milestone in the development of one of the world’s leading platforms for innovation in the insurance sector. After a year in which the program was recognized as the leading insurtech accelerator in the world, the level of expectations naturally rose accordingly – and the latest selection process met them and even exceeded them. The event took place at the offices of Migdal Group, one of the partners of the program, and enabled a unique meeting between insurance companies, international partners, and insurtech entrepreneurs – around…

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