Artificial Intelligence (AI) is the hot topic in the hi-tech industry. Every other start-up boasts about using AI and seeks to leverage vast amounts of existing data to tailor and refine the services it provides. We are witnessing a highly charged discourse regarding the risks and dangers associated with the use of AI. We all remember the storm that the OpenAI GPT-3 unleashed upon the world (Recall? It happened just a few months ago – before October 7th…). Like many things in our world, one way to limit and regulate risks is through legislation. So, we checked what Israeli legislation…

Novidea, creator of the cloud-based, data-driven enterprise insurance management platform for brokers, agents, MGAs/MGUs, and wholesalers, has named Ido Peled as senior vice president of Product. In his new role, Peled will lead Novidea’s global product team, driving the strategic direction, development, and overall success of its insurance management platform, ensuring it remains at the forefront of technological advancement in the insurance industry. Prior to joining Novidea, Peled was the chief product and marketing officer for Taranis, an agricultural technology (AgTech) provider that created the industry’s leading crop intelligence platform. Before that, Peled spent 14 years at education software provider…

Peter Lynch Joins Urbanico’s Advisory Board. Urbanico Posted: “Peter is a global insurance leader, with over 30 years of industry expertise. “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 the intersection between insurance and data & analytics. “Peter’s key understanding of data & analytics deployment across the insurance value-chain, from marketing through underwriting all the way to claims management, as well as…

Michael Szymanski Joins Healthee as VP of Sales. Healthee: Michael is an experienced B2B sales leader who describes himself as a builder, and he’s eager to contribute to our mission of helping employees make the most of their health benefits”.

Orca AI, the developer of a pioneering AI-based digital watchkeeper, has secured its first deal with a prominent naval body, demonstrating its commitment to enhancing operational security and safety across all maritime sectors. Orca AI’s cutting-edge situational awareness platform stands out as a highly relevant tool in today’s complex maritime landscape, where the safety of vessels and marine assets is a paramount concern. By leveraging the power of machine learning and computer vision, the technology significantly enhances navigational safety in low visibility conditions and high-risk regions. “We are honoured to collaborate with exceptionally demanding naval forces, ensuring that our innovative…

MAPFRE and technology provider Cyberwrite have joined forces to help the insurer’s clients reduce the risk of cyber-attacks with AI. The Spanish firm explained that Cyberwrite will provide it with a cyber insurance risk platform for SME companies, with the aim of having a more accurate knowledge of the risk at the time of underwriting and renewing its cyber insurance. “Businesses of all sizes, including SMEs, are being targeted by cybersecurity threats,” MAPFRE said. The firm continued, “According to the latest data from Statista, by the end of 2022, the cost of cyberattacks stood at around $8.44 trillion, and by…

Novidea, creator of the cloud-based, data-driven enterprise insurance management platform, today announced that Pathpoint, the modern wholesaler where insurance agents can get bindable small commercial Excess & Surplus (E&S) quotes in just a few minutes, has increased its number of registered agents to over 14,000 and grown its submission volume by 20% compounded monthly since becoming a Novidea customer. Thousands of insurance agents use Pathpoint to quote, bind, issue, pay, and manage non-admitted risks in minutes, bind coverage, and have policies issued – all in one place, with 24/7 access. Founded in 2017, the fast-growing E&S wholesaler prides itself on its…

Ahoy! Insurance signed a new partnership with American Sailing (ASA). The partnership significantly expands Ahoy’s reach in the US market, which has more than 12 million registered boaters. Members of the ASA, the nation’s largest sailing authority, will gain access to an offering made specifically for boaters by boaters. Customer service will be provided by the highly trained staff of the Hilb Group, a leading national broker. Select Ahoy! Insurance benefits include the following: A holistic offering at a more attractive price, exclusive to ASA members. Frictionless onboarding that enables a 3-minute quote and 5-minute purchase. Broad coverage options, with…

Novidea, creator of the cloud-based, data-driven enterprise insurance management platform for brokers, agents, MGAs/MGUs, wholesalers, and carriers, today announced a major new release with significant enhancements to its award-winning insurance management platform. This release impacts multiple areas of the platform, delivering improvements and new efficiencies for users in every market served by the Novidea insurance management solution. The latest version of the Novidea platform includes enhancements to claims, billing, accounting, document management, quoting, submissions, UI/UX, and more With this new release, Novidea delivers on its commitment to continually invest in innovation and maintain its competitive edge.  To support this goal,…