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Harel Insurance and Finance Group Partners with Multyx to Enhance AI Capabilities in the Cloud

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By on AI, Investments, news

Harel Insurance and Finance Group continues to lead the data and AI transformation in the insurance industry through its innovative cloud environment. The company now announces a partnership with Multyx, a technology company offering an advanced SaaS platform for incorporating AI, ML, and GenAI solutions within Harel’s technology infrastructure and business applications. The partnership with Multyx is another step in Harel Group’s data strategy to collaborate with emerging companies and technology firms quickly and efficiently. The platform, leveraging a combination of advanced hardware and software technologies in the cloud, enables the adoption of AI solutions that were previously not…

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The Israeli Delegation to Insurtech Insights London: Showcasing Innovation on a Global Stage

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By on Investments, ITC convention, news

In a testament to Israel’s leadership in insurtech innovation, InsurTech Israel is proud to lead a distinguished delegation of 13 cutting-edge startups to Insurtech Insights London, Europe’s premier insurtech conference. Taking place in March, this delegation will spotlight groundbreaking Israeli technologies that are reshaping the insurance landscape. A Strategic Visit to London The delegation’s journey begins on March 18 with a day of high-level meetings and visits to two of the most influential entities in the global insurance industry—Lloyd’s of London and AON. These meetings will offer the startups invaluable exposure to key industry stakeholders, providing insights into market needs,…

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Binah.ai Unveils Groundbreaking Health Risk Detection in Video-Based Health Checks: High Fasting Glucose, High Cholesterol, and Low Hemoglobin

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By on L&H

Binah.ai, the leading provider of software-based, artificial intelligence (AI)-powered health and wellness checks, announced today the addition of new critical health risk indicators, such as High Fasting Glucose*, High Total Cholesterol* and Low Hemoglobin Levels*, to its health and wellness check software. The newly released Binah SDK v5.9 also detects Heart Age estimate. A 100% software-based technology delivered in the form of an SDK (Software Development Kit), Binah.ai empowers organizations to enable anyone to self-monitor and share a wide range of health and wellness indicators using a smartphone or tablet, whether through spot (only by looking at a smartphone camera…

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Insurtech Israel to Host Global Insurtech Day in Tel Aviv

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By on news

Insurtech Israel will host the Global Insurtech Day on Sunday, March 23, from 10:30 AM to 2:30 PM at Microsoft Reactor, Tel Aviv. The event will focus on Insurtech and Artificial Intelligence, examining their impact on the insurance industry. The conference will feature keynote lectures, panel discussions—including the participation of the Israeli Insurance Commissioner—and an award ceremony recognizing the most promising startup of the year. Among the international speakers: Dr. Klaus Driver, Chairman of the Board, Insurtech Hub Munich Ph.D. Klime Poposki, Member of the Management Board, Vienna Insurance Group Dr. Gorazd Čibej, Insurance Supervision, Slovenia RSVP now: https://www.eventbrite.com/e/1219123534309?aff=oddtdtcreator

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Five Insurtech Startups Win Competition by Insurtech Israel News Magazine

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By on news

Five leading Israeli startups in the insurtech field won a competition held by the Insurtech Israel News magazine, a joint publication of the Polisa newspaper and Insurtech Israel. The judges for the competition included Insurtech Israel News editors Ori Lavi-Peleg and Kobi Bendelak, along with other industry experts. The competing startups operate in various insurance categories including software, health, underwriting, climate, and travel. The five winning startups are: Air Doctor, Mpcheck, Five Sigma, Oko and Ai-Acumen. In the Travel category, Air Doctor won: Air Doctor, founded in Israel in 2018, is a startup that connects travelers seeking medical treatment with…

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L+M Development Partners Selects Five Sigma for Self-Insured Claims Management

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By on Investments

 L+M Development Partners (L+M), a national real estate and development firm, has chosen Five Sigma, a leader in AI-native claims management technology, to modernize its claims operations. By adopting Five Sigma’s cutting-edge claims management platform (CMS) and Clive™, the insurance industry’s first AI Claims Adjuster, L+M seeks to streamline claims handling and data management, automate communication processes, and integrate multiple lines of business (LOBs) under a single platform. Looking for a Comprehensive and Modern Claims Management System As a large real estate firm with a diverse portfolio, L+M handles numerous claims each year across categories such as General Liability (GL), Premises…

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RAVIN AI and Five Sigma Partner to Transform Auto Claims with AI-Powered Vehicle Assessments

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By on Car&Mobility, news, People

Sydney, Australia, February 6, 2025 – RAVIN AI, a leader in AI-powered vehicle inspections, has partnered with Five Sigma, an innovator in AI claims management technology, to reshape auto claims handling. Through this partnership, RAVIN’s DeepDetect™, an AI vehicle assessment, has been integrated with Five Sigma’s end-to-end Claims Management Platform (CMS) and Clive™, the insurance industry’s first AI Claims Adjuster, delivering next-level automation and efficiency to auto insurers. Now, when policyholders submit a claim, they are prompted to scan their vehicle, generating a virtual assessment that predicts repair costs or determines total loss. Clive then automates the workflow by updating all…

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Flow Specialty Partners with Appulate to Scale Specialty Insurance Distribution

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By on news

Flow Specialty, a leading wholesale brokerage of specialty commercial insurance in executive liability, has announced its collaborative partnership with Appulate, the premier digital distribution platform for P&C insurance. Flow Specialty enables agents who use the Appulate platform to connect with highly rated cyber carriers while receiving best-in-class service, insights, and recommendations from expert brokers. Traditionally, small and medium businesses have unique coverage needs but struggle to get attention from expert brokers. This is because, historically, wholesale brokers have been forced to prioritize large deals that yield high commission dollars, leaving very little time and attention for SMEs. Flow has been…

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Click-Ins and Auto3P Partner to Deliver the Automotive Industry’s First Truly End-to-End Damage Detection and Cost Estimation Solution

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By on Car&Mobility, news

Two of the automotive industry’s leading innovators, Click-Ins and Auto3P, have partnered to deliver a transformative solution for vehicle damage detection and cost estimation. This partnership unites the expertise of Click-Ins, known for its unparalleled AI-powered damage detection technology, with the extensive parts, labor catalog and automated cost estimation solutions of Auto3P, creating a powerful end-to-end solution for insurers, OEMs, Marketplaces, and fleet and rental managers. This collaboration addresses a key challenge in the industry: the need for a solution that is both highly accurate and practical – providing damage estimation in “one click”. Together, Click-Ins and Auto3P are delivering…

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New Email Security Solutions from InsurSec Leader At-Bay Help Eliminate Financial Fraud Claims

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By on Cyber, news

At-Bay’s proprietary Fraud Defense solution, available with every Cyber and Tech E&O policy, stops email-based fraud and can unlock up to double the financial fraud coverage sub-limits; with At-Bay MDR for Email, businesses can boost their financial fraud sub-limits up to $1 million  Key News Highlights At-Bay introduces two new InsurSec solutions to uniquely fight the leading driver of cyber claims – email-based fraud. Financial fraud led to $2.7Bn in losses in 2023 (FTC), and based on At-Bay claims data, 9 of 10 of financial fraud incidents started with email. At-Bay Fraud Defense leverages AI and proprietary risk data to…

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