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Five Insurtech Startups Win Competition by Insurtech Israel News Magazine

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By on news

Five leading Israeli startups in the insurtech field won a competition held by the Insurtech Israel News magazine, a joint publication of the Polisa newspaper and Insurtech Israel. The judges for the competition included Insurtech Israel News editors Ori Lavi-Peleg and Kobi Bendelak, along with other industry experts. The competing startups operate in various insurance categories including software, health, underwriting, climate, and travel. The five winning startups are: Air Doctor, Mpcheck, Five Sigma, Oko and Ai-Acumen. In the Travel category, Air Doctor won: Air Doctor, founded in Israel in 2018, is a startup that connects travelers seeking medical treatment with…

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L+M Development Partners Selects Five Sigma for Self-Insured Claims Management

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By on Investments

 L+M Development Partners (L+M), a national real estate and development firm, has chosen Five Sigma, a leader in AI-native claims management technology, to modernize its claims operations. By adopting Five Sigma’s cutting-edge claims management platform (CMS) and Clive™, the insurance industry’s first AI Claims Adjuster, L+M seeks to streamline claims handling and data management, automate communication processes, and integrate multiple lines of business (LOBs) under a single platform. Looking for a Comprehensive and Modern Claims Management System As a large real estate firm with a diverse portfolio, L+M handles numerous claims each year across categories such as General Liability (GL), Premises…

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RAVIN AI and Five Sigma Partner to Transform Auto Claims with AI-Powered Vehicle Assessments

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By on Car&Mobility, news, People

Sydney, Australia, February 6, 2025 – RAVIN AI, a leader in AI-powered vehicle inspections, has partnered with Five Sigma, an innovator in AI claims management technology, to reshape auto claims handling. Through this partnership, RAVIN’s DeepDetect™, an AI vehicle assessment, has been integrated with Five Sigma’s end-to-end Claims Management Platform (CMS) and Clive™, the insurance industry’s first AI Claims Adjuster, delivering next-level automation and efficiency to auto insurers. Now, when policyholders submit a claim, they are prompted to scan their vehicle, generating a virtual assessment that predicts repair costs or determines total loss. Clive then automates the workflow by updating all…

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Flow Specialty Partners with Appulate to Scale Specialty Insurance Distribution

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By on news

Flow Specialty, a leading wholesale brokerage of specialty commercial insurance in executive liability, has announced its collaborative partnership with Appulate, the premier digital distribution platform for P&C insurance. Flow Specialty enables agents who use the Appulate platform to connect with highly rated cyber carriers while receiving best-in-class service, insights, and recommendations from expert brokers. Traditionally, small and medium businesses have unique coverage needs but struggle to get attention from expert brokers. This is because, historically, wholesale brokers have been forced to prioritize large deals that yield high commission dollars, leaving very little time and attention for SMEs. Flow has been…

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Click-Ins and Auto3P Partner to Deliver the Automotive Industry’s First Truly End-to-End Damage Detection and Cost Estimation Solution

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By on Car&Mobility, news

Two of the automotive industry’s leading innovators, Click-Ins and Auto3P, have partnered to deliver a transformative solution for vehicle damage detection and cost estimation. This partnership unites the expertise of Click-Ins, known for its unparalleled AI-powered damage detection technology, with the extensive parts, labor catalog and automated cost estimation solutions of Auto3P, creating a powerful end-to-end solution for insurers, OEMs, Marketplaces, and fleet and rental managers. This collaboration addresses a key challenge in the industry: the need for a solution that is both highly accurate and practical – providing damage estimation in “one click”. Together, Click-Ins and Auto3P are delivering…

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New Email Security Solutions from InsurSec Leader At-Bay Help Eliminate Financial Fraud Claims

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By on Cyber, news

At-Bay’s proprietary Fraud Defense solution, available with every Cyber and Tech E&O policy, stops email-based fraud and can unlock up to double the financial fraud coverage sub-limits; with At-Bay MDR for Email, businesses can boost their financial fraud sub-limits up to $1 million  Key News Highlights At-Bay introduces two new InsurSec solutions to uniquely fight the leading driver of cyber claims – email-based fraud. Financial fraud led to $2.7Bn in losses in 2023 (FTC), and based on At-Bay claims data, 9 of 10 of financial fraud incidents started with email. At-Bay Fraud Defense leverages AI and proprietary risk data to…

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Join the Israeli Delegation For Europe’s largest Insurtech conference – Insurtech Insights

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By on news, People

Europe’s insurance landscape will be on full display as industry titans converge at Insurtech Insights 2025. The region’s largest insurance conference kicks off on 19th March at InterContinental London – The O2, bringing together leading executives, innovators, and disruptors to address the most pressing challenges facing the industry today. More than 6,000 attendees, 400 speakers, and an estimated 20,000 meetings will be taking place over the two-day conference, which sees the world’s biggest names in insurance converge annually in central London. From CEOs and Board Members to Group Chief Innovation Officers, AI leaders, and Founders, the 2025 conference will provide…

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California to Adopt Israeli Insurtech Technologies to Prevent and Mitigate Future Insurance Losses

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By on People

Kobi Bendelak, CEO of InsurTech Israel, stated yesterday at the Insurtech and Space-Tech conference, held in collaboration with the Israel Space Agency, that after meeting with senior insurance executives in California, there is significant interest in the technological solutions offered by Israeli companies for the insurance sector. The unique conference, organized by InsurTech Israel and led by Dr. Yael Benvenisti, Deputy CEO of InsurTech Israel, brought together dozens of startups specializing in insurtech, space-tech, and climate-tech. The event was co-hosted by the Israel Space Agency, the Israel Aerospace Industries’ Starburst accelerator program, and the EO-IL community. Participants included key figures…

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Vontier’s Driivz Announces its EV Charging Software will Power EV Charging for ON the RUN Charging

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By on Investments, news

Driivz, a Vontier (NYSE: VNT) company and part of its EVolve™ e-mobility portfolio, today announced a partnership with ON the RUN Charging to install its electrical vehicle (EV) charging and energy management software across chargers located at convenience stores in Canada. ON the RUN Charging is one of the largest EV fast charging networks in Canada with EV chargers strategically placed along highways and in major destinations across British Columbia, Alberta, Ontario and Quebec. With its commitment to growing its charging network and modernizing its equipment to ensure a high uptime, ON the RUN Charging requires a hardware agnostic software solution that can connect to both legacy and…

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Empathy Welcomes COO, CMO, VP of Design, and VP of Insurance & Wealth Solutions

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By on news, People

At Empathy, we’ve always been driven by a simple yet profound mission: to ensure that families navigating life’s toughest moments never have to do it alone. This mission has fueled everything we do—from building a groundbreaking platform to launching meaningful partnerships with leading employers and life insurance carriers. Today, we’re excited to share another big step forward in our journey: the addition of four incredible leaders to our executive team. Joining us are Sophie Ruddock as Chief Operating Officer, Cindy Goodrich as Chief Marketing Officer (our first ever!), Rotem Waissman as Vice President of Design, and Jennifer Amaral as Vice President…

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