Urbanico welcomes Peter Lynch as a new member to its Advisory Board. Peter is a global insurance advisor with over 30+ years of experience in the insurance industry. Peter previously served as an executive vice president at Transunion and led their global insurance product strategy. Previous roles included president of the LexisNexis Insurance Exchange as well as additional senior executive positions at LexisNexis Risk Solutions, ChoicePoint, AIG Technologies (AIGT), and Cover-All Technologies, all focused on insurance data, analytics and technology. Peter’s key understanding of data and analytics deployment throughout the insurance value-chain, from marketing through underwriting all the way to claims management,…

PALO ALTO, Calif., Oct. 5, 2023 /PRNewswire/ — SkyWatch, a leader in digital insurance for the aviation industry, is proud to announce the strategic acquisition of Droneinsurance.com’s assets. This collaboration brings together two innovative platforms, to offer clients a seamless experience with more options. It marks a significant milestone in the drone insurance sector and underlines SkyWatch’s commitment to providing unmatched coverage and service to drone operators across North America. Under the partnership, customers of Droneinsurance.com will now be seamlessly transitioned to the SkyWatch platform for their insurance needs. This move guarantees a smoother experience for Droneinsurance.com clients while opening up a new world of…

At-Bay, the insurance provider for the digital age, today announced that it has added more than 40 new classes of business to its Miscellaneous Professional Liability (MPL) product and increased the eligible revenue limit for businesses to $50 million. Boosting the number of business classes available within the six most popular verticals offered by At-Bay MPL, the industries represented span the likes of Real Estate, Education, Consulting and Financial Services, Media and Communication, Employment and Staffing, and Legal and Security Services. Leveraging At-Bay’s proprietary risk engine and advanced analytics capabilities to better assess and price risks for MPL with greater…

The Insurtech Israel Global Summit brought together over 1,000 participants from Israel and abroad, including leading figures in the local and global insurance industry. The summit took place last week at the Hilton Hotel in Tel Aviv and was a joint initiative of Insurtech Israel, FinTLV venture capital fund, and conference exhibition company. The summit was led by Kobi Bendelak, CEO of InsurTech Israel, and Gil Arazi, founder and manager of the FinTLV venture capital fund. Among the senior figures from Israel and around the world who participated in the summit were: Yoram Naveh, CEO of Clal Insurance and Finance…

Menora Mivtachim Group , in collaboration with InsurTech Israel, hosted the Israeli Insurtech Startups Competition. The winner of the competition, representing Israel in the international InsurTech acceleration program, is Urbanico, specializing in urban data acquisition and analysis for insurance companies. Michael Kalman, CEO of Menora Mivtachim Group, stated, “Menora Mivtachim Group  sees innovation as a crucial and essential strategic axis in the group’s activities and invests significant resources in it. We take pride in witnessing the creativity and out-of-the-box thinking presented by the various entrepreneurs in the competition”. Menora Mivtachim, a leading player in open innovation in Israel, hosted the…