InsureTax, an innovative leader in the field of AI-powered tax liability insurance for SMEs, has announced the successful closure of a significant initial funding round. The round, prominently led by ff Venture Capital, included participation from Techstars, Plug and Play, and Hustle & Trust. In a strategic move, InsureTax has also partnered with Tokio Marine Kiln, a top performer in the Lloyd’s market, marking a significant stride in the company’s journey. Tax Liability Insurance for 37 Million SMEs: Facing the challenges of tax scrutiny, SMEs in the U.S. have long sought reliable financial protection. InsureTax’s AI solution steps in to…

Next Insurance, which develops and manages a digital platform for small and medium-sized business insurance in the United States, is recruiting developers. Among the open positions for men and women at the development center in Israel are developers in Backend, Frontend, Data, and Security. In addition, the company is recruiting employees for a wide range of roles in offices in Palo Alto, Boston, and Rochester (New York). The Insurtech company Next Insurance was founded in 2016 by Guy Goldstein, who serves as CEO of the company, Alon Huri, and Nissim Tapiro, CTO, and has raised over $1.1 billion in…

Nationwide is partnering with DigitalOwl for their advanced platform which transforms medical data into meaningful summaries for a better, faster and more accurate review. DigitalOwl’s AI-powered platform enables efficient processing and analysis of vast volumes of medical records, including both conventional and electronic health records. This solution is specifically designed for life underwriters to easily navigate complex and large medical documents by organizing the critical information needed to thoroughly assess the holistic view of an applicant’s medical history. “By partnering with DigitalOwl, Nationwide is bringing in an engaging AI technology for our underwriters that ultimately benefits our potential members,”…

Ravin AI, a provider of artificial intelligence-powered vehicle condition technology, has entered a strategic partnership with Black Widow Imaging, a provider of high-resolution imaging systems, to support the deployment of Ravin AutoScan at rental, dealership and auction locations throughout the U.S. Ravin said its AutoScan technology is “set to scale up services dramatically” and expects the partnership to expand its reach to hundreds of U.S. locations. “We see massive demand for affordable, advanced inspection solutions that don’t require sophisticated hardware installations,” Ravin AI CEO Eliron Ekstein said in a news release. “Our collaboration with Black Widow Imaging is a major…

Israeli cybersecurity startup Guardz,  which targets small businesses with an offering that includes cybersecurity protection and insurance, announced the partnership with Australia-based IT distributor Manage Protect, which provides MSPs with sufficient tools to protect their small and medium-sized business clients throughout Australia & New Zealand. Manage Protect serves over 300 managed service providers. MSPs will be able to manage their clients’ end-to-end cybersecurity with automated detection and response capabilities. This partnership is a significant step forward in empowering Manage Protect’s network of hundreds of MSPs ​​to secure small and growing businesses in these regions against evolving threats such as phishing, ransomware…

After more than a year of joint effort, YuviTal, an Israeli insurtech, has signed a groundbreaking collaboration with Seguros El Roble, a Guatemalan insurer. The new collaboration signifies YuviTal’s launch into the Latin American market – LATAM. YuviTal stated, “We are dedicated to revolutionizing the digital landscape, and partnering with Seguros El Roble underscores their commitment to staying ahead in an ever-evolving market. By leveraging our platform, Seguros El Roble is forging deeper connections with their customers and setting new standards of excellence for the Guatemalan insurance industry. “This collaboration isn’t just about technology; it’s about the people…

Integration unleashes new potential for dealerships by allowing consumers to begin their vehicle valuation and trade-in processes when and where they want. Orbee Inc., a leader in customer experience middleware for the automotive industry, announces its integration with Ravin AI, an innovator in AI-driven vehicle inspection tools. This integration utilizes Orbee’s middleware technology with Ravin AI’s advanced inspection capabilities, to offer a more personalized and secure vehicle valuation and trade-in experience. Orbee’s middleware enables dealerships to enhance their current trade-in experience by integrating Ravin’s APIs to obtain personalized links for customers to submit vehicle photos right from their mobile…

Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, and Binah.ai, the number one health and wellness check software provider, announced a partnership to empower more insurance companies worldwide to use client-provided health data for improved risk management and value-added services at reduced costs. The partnership enables Binah.ai to leverage Sapiens’ strong global presence and provide Sapiens’ customers with seamless access to Binah.ai’s software-based health and wellness check technology. Access to health data shared by end-users through Sapiens’ platform, enhanced with Binah.ai’s technology, provides a myriad of benefits for both clients and insurance companies: Improved risk assessment…

Insurtech Israel hosted an event that saw the participation of numerous senior figures in the insurance and insurtech sectors, including key players from Israel and around the world. Led by Kobi Bendelak, CEO, and Founder of Insurtech Israel, the global event aimed to bolster the Israeli insurtech ecosystem. Among the notable participants were Moshe Morgenshtern, Deputy CEO of Migdal and Director of the Technology Division, Raz Bartov, Vice President and Director of Information Systems at Direct Insurance, the founders of the Israeli insurtech giant BOLT, Ari Katz, and Eran Gavishman, Alex Tsukerman, Head of Strategy at Sapiens, Gil Arzi, CEO…