In today’s rapidly evolving world, where entrepreneurship and innovation are the driving forces behind economic growth, the International Program in Tel Aviv stands out as a trailblazing initiative that has revolutionized the Insurtech startup ecosystem. With its unique format of a short and fast bootcamp-style program, this groundbreaking program has become a launchpad for emerging startups, providing them with unparalleled opportunities for growth, mentorship, and global exposure. The Global Program brings together Insurtech startups from backgrounds, creating an environment where groundbreaking ideas flourish, and game-changing solutions are developed. This diversity of perspectives fosters collaboration and cross-pollination, as entrepreneurs from different…
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Ravin AI has developed a proprietary, patented AI-based inspection system for Car rental companies. the company said that the system helps allocate damage more accurately, increasing the car rental company’s ability to collect damage by almost 30% and keep vehicles running. according to the company, In 2021, the global car rental market was valued at $103.14 billion, and is projected to reach $141.17 billion by 2028 – a CAGR of 4.6% from 2021 to 2028. Ravin AI: “The car rental industry’s transformation is being propelled by increasing tourism, a rise in the global population’s disposable income, and technology-enablement. Among these…
Driivz, the provider of end-to-end smart EV charging and energy management software, announced that U.S.-based Future EV has selected the Driivz platform as the back-end system for its EV charging infrastructure management services, part of its end-to-end EV charging solutions for property owners. Future EV selected Driivz because it offers the flexibility to support multiple business models, a reliable experience for drivers and the scalability to support rapid business growth. The Driivz solution for Future EV provides integrated software modules for EV charging operations, including real-time operator dashboards and asset management, for billing and payments operations across multiple business models, and…
Travel insurer Faye has officially announced the launch of telemedicine services in collaboration with Air Doctor. This partnership enables Faye’s travelers to enjoy convenient and prompt access to video and audio telemedicine consultations. By joining forces with Air Doctor, Faye’s customers gain access to a network of over 20,000 doctors and specialists who are proficient in multiple languages. Moreover, this service comes with the added benefits of no out-of-pocket expenses and eliminates the frustration of lengthy claims processes. According to Faye, this telemedicine service will be available to all international travelers insured with Faye, covering 75 countries worldwide. It provides…
Urbanico’s CEO, Yuval Shafrir, Discusses the Value of Hyper-Localized Data in Insurance Underwriting with Joshua R. Hollander on Insurtech Leadership Podcast. In a recent episode of the Insurtech Leadership Podcast, Urbanico’s CEO, Yuval Shafrir, engaged in a discussion with Joshua R. Hollander regarding the importance of leveraging hyper-localized data in insurance underwriting. During the podcast episode, Hollander and Shafrir delved into how Urbanico brings significant value to the insurance industry by refining risk selection, underwriting guidelines, and pricing strategies. Urbanico expressed gratitude to Insurtech Insights and Kobi Bendelak for facilitating the insightful discussion and for hosting a remarkable conference. Download…
Earlier this week, Ravin’s Ukrainian team gathered for a dinner. According to the company, fostering these relationships beyond the confines of the office promotes teamwork and nurtures a positive and supportive work environment. They emphasized the significance of coming together outside of the workplace, recognizing the unique bond it creates among team members.
Volker Dr.-Ing. Kaese Joins Connected Insurance’s Reputable Advisory Board Volker Dr.-Ing. Kaese has joined Connected Insurance’s reputable Advisory Board this week. The company highlights that Dr. Kaese is a highly accomplished innovation leader with over 20 years of experience in the automotive industry. He brings a proven track record of successfully driving innovation and new product development, along with a deep understanding of the connected mobility landscape. Connected Insurance also shared some noteworthy facts about Dr. Kaese. During his tenure at AUDI AG, he was responsible for the technical strategy of Audi products worldwide. Additionally, he oversaw the predevelopment portfolio…
Serenus.AI and Predicta Med has been awarded as one of the 65 success stories in Israel by the Israeli Export Institute. The announcement was made this week. Hillary (Orly) Harel, CEO and Co-Founder of Serenus.AI expressed her pride in Serenus.AI and its team, stating, “We are dedicated to advancing the quality and equality of healthcare services for all.” About Predicta Med: Predicta Med is an AI based digital health company in the field of predictive analytics. Our mission is to enable early detection and treatment selection of undiagnosed diseases, using our propriety AI engine. About Serenus.AI Serenus.AI is the first patented…
Lemonade has launched its first brand campaign, titled “Changing Insurance,” this week. According to the company, The campaign aims to highlight the absurdity of traditional insurance practices, including long hold times and complex jargon, while showcasing Lemonade’s commitment to providing a simple and intuitive insurance experience. Liron Smadja, Head of Brand Marketing at Lemonade, emphasized that the campaign not only entertains but also demonstrates the transformative power of Lemonade’s innovative approach to insurance, with a strong focus on customer-centricity.
Ledgertech, Menora Mivtachim, and Cellcom have recently formed a strategic alliance to launch an automated digital travel insurance product. As of last week, Cellcom customers and their families can now benefit from seamless digital travel insurance coverage while traveling abroad, effortlessly activated through their mobile devices on every flight. This groundbreaking service is the outcome of a collaborative effort between Menora Mivtachim and Ledgertech, an innovative insurtech company that has developed an advanced platform for creating embedded insurance products using cutting-edge usage-based models. Menora Mivtachim stated that this insurance product is based on an annual policy, enabling customers to submit…