Sharone Shiloach joined Effectivate as a Business Development Manager. According to Effectivate Shiloach is A gerontologist with nearly ten years of experience in the field of aging in Israel. She has also managed significant projects like Motke.co.il.

About two years after SureTech Investments, the investment partnership in insurtech, completed the purchase of the shares of the insurtech company Vesttoo it sold all its holdings in Vesttoo for 15.7 million dollars. SureTech, which is headed by the chairman Uzi Danino and the CEO Ran Tzror, purchased in April 2021 251 thousand shares of Vesttoo at a price of $3.98 per share, and now it reported that it sold all these shares at a price of $62.68 per share, meaning 15 times the purchase price. According to SureTech’s report, the estimated profit of the sale of shares is about…

Moran Avnon joined Swifter.io. The company states that Avnon brings remarkable strategic acumen and leadership to the team – “Her expertise in building partnerships and driving growth will be invaluable in propelling swifter.io forward”.

VOOM Insurance announced that they have expanded to Colorado and now they offer Pay-Per-Mile Motorcycle Insurance in Co. According to the company, they are the first to offer Pay-Per-Mile for both ATVs and Snowmobiles.

SightBit , is the recent winner of the Israeli Watertech Challenge competition, initiated by the Israeli Water Authority. SightBit won the challenge for a development of its core capabilities which will be used to monitor creeks throughout Israel. SightBit is an Israeli startup company that developed a unique technology to read open water using simple video cameras in order to detect and track hazards in the water as well as people and other objects. The technology analyze the data and provide valuable and reliable insights to the conditions of water as well as to people’s behavior, with a special expertise…

D-ID’s generative AI platform enables users to create videos and interactive CX experiences based on a single image of a face. companies key figures are Sella Blondheim, COO, Eliran Kuta, CTO and Gil Perry ,CEO. What’s your company Vision? D-ID: We aim to make digital humans the standard solution for enterprise CX What is the biggest problem in the insurance sector as you see it? D-ID: One of the biggest problems, from a customer experience perspective, is the lack of personalization and automation in customer interactions. Despite the fact that insurance products are crucial to safeguarding individuals’ livelihoods and assets,…

Serenus.AI launches the first patented autonomous clinically objective, Generative AI, case-by-case review system to improve the utilization and prior-authorization processes before medical procedures. Serenus.AI’s system streamlines medical authorizations by extracting the patient’s anonymous clinical information automatically from the medical record, analyzing it with its AI engine which is based on the latest research, guidelines, and best practices, providing an immediate personalized authorization should the procedure is indicated, while presenting the utilization manager with a comprehensive, real-time report highlighting the related medical factors and the alternative conservative pathway, should the procedure is not indicated. Serenus.AI is targeting the medical authorizations market…

Novidea, creator of the born-in-the-cloud, data-driven platform optimizing the entire insurance policy and distribution lifecycle, today announced that it has raised $50 Million in Series C funding. The funding round was led by Battery Ventures with participation from Cross Creek, both new investors, and the company’s existing investors, Israel Growth Partners (IGP), KT Squared, and JAL Ventures. To date, Novidea has raised $90 Million. In recent years, the company has experienced hyper-growth, selling to insurance leaders across the globe. Novidea will leverage the investment to continue its journey to becoming an industry leader and increase international market share. Specifically, funds…

Justin Dyer has joined Sightbit’s advisory board. Dyer is the Founder and CEO of Innofit Inc. group of companies, specializing in the design, build, and staffing of commercial/hospitality, government, and residential amenity spaces. According to the company, Dyer is one of the most prominent figures in the Canadian lifeguarding field. Here’s what he had to say about SightBit: “SightBit’s cutting-edge technology not only aligns with my belief in the urgent need for renewed global respect and value for water but also offers life-saving capabilities. With SightBit’s advanced monitoring and analytics capabilities, we can conserve and manage this precious resource, ensuring its availability for generations to…

Tutim is an in-app data intake platform, an open-source tool for optimizing custom user flows. Accelerate implementation and enable seamless updates. Their vision is to Enable insurance, financial and health companies to build modern digital experiences in their web applications. The key figures in the company are Lee Twito, CEO and Eylon Mizarhi, CTO. Twito is a former AI architect of software systems to global enterprises. Mizarhi has developed the data intake infrastructure at Rapyd. What is the biggest problem in the insurance sector as you see it? Tutim: Insurance is a key industry in the global economy, but is…