Polywizz, an insurtech company specializing in advanced technologies for insurance document and policy analysis, has announced the launch of its new service, POLYMAX. This service enables insurance agents to view all relevant customer data in one place, including Har HaBituach, Pension Swiftness, and policy copies from insurance companies. While collecting information is relatively simple, analyzing the data and extracting insights that increase sales can be a time-consuming task. That’s where POLYMAX comes in. The report offers a comprehensive view of all relevant customer data, including policy copies, and uses OCR and AI technologies to provide insights and recommendations to the…
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The holding company TLV Capital, headed by Mr. Uri Shmueli, is adding to its investment portfolio Trusty, a digital insurance comparison platform through insurance agents managed by Eyal Schwartz Trusty is an Insurtech start-up, developing a new digital distribution channel for insurance brokers/companies and consumers by operating a unique MARKETPLACE and Price Comparison platform. The entry of TLV Capital as a partner to Trusty reflects the group’s expertise and extensive experience in managing companies in the segments of financial services, technology, project management and consulting, in Israel and Europe. Trusty was founded by Eyal Schwartz, the company’s CEO and senior executive…
Over 40,000 new vehicles enter Haifa Port annually; Ravin’s technology will continuously verify the physical integrity of the vehicles until they are loaded onto transport vehicles, minimizing risk and reducing financial exposure for Haifa Port Ravin AI, a leader in AI-powered visual inspection across the fleet, rental, used car and insurance industries, announced today its partnership with Haifa Port, Israel’s largest port, in implementing Ravin’s Inspect, Autoscan and Eye tools to visually inspect new vehicles entering the country to pinpoint any damage done to vehicles during the transport, offloading and storage process. With the marine transportation market for new vehicles…
SkyWatch Insurance Services, provider of usage-based insurance for drones, cars, and motorcycles, announced its fully digital, customizable light aircraft owner’s insurance platform. Backed by insurance and aviation risk management solution company Global Aerospace, SkyWatch says its newest offering will expedite the process of customizing and obtaining insurance coverage for aircraft owners by cutting out the need for a middleman and providing an end-to-end digitized quote and purchase experience. Last year, SkyWatch launched its on-demand aircraft renter’s insurance that allowed pilots the ability to customize their aircraft renter’s insurance policy based on the amount of time they plan to be in the…
The new report from Parametrix reveals the details of cloud downtime in 2022 among the three major providers – Amazon Web Services, Google Cloud, and Microsoft Azure. The report is based on observations recorded by the Parametrix Cloud Monitoring System. In a recent survey by Parametrix 95% of corporate decision-makers said their business is dependent on the cloud. Nearly half said the cloud is a mission-critical service. Because of the cloud’s enormous new importance in the digital supply chain, the cloud economy is growing at an unprecedented rate. Worldwide end-user spending on public cloud services is expected to reach $591.9.8…
According to the company Aircraft Owners can now customize their coverage without any human interaction, saving them valuable time and money. SkyWatch: “Our platform provides a hassle-free insurance experience, allowing you to fly with peace of mind”.
The Israeli Insurtech Accelerator 5th cohort is officially open. The first day of the accelerator and opening event was held at Aon Reinsurance Israel, including an excellent workshop that the Aon team conducted. Dozens of great startups have applied to the program, startups with amazing solutions for the insurance world in Life, Health, Cyber, P&C, and more but just 6 startups have been selected to join our unique program. Blue Cape – provides highly accurate real-time and historical data on the risk from respiratory diseases to the L&H Insurance Industry in order to help them improve the performance of their…
Battery Ventures leads Series B as commercial traction validates the demand for an AI-powered fleet insurance option that rewardssafer driving with savings AI-powered commercial auto insurance company Fairmatic today announced it has raised $46 million in new funding, six months after its oversubscribed Series A, bringing its total financing to $88 million. Battery Ventures led the round with participation from current investors and Bridge Bank. Fairmatic is creating a new commercial auto insurance category with its AI-driven underwriting approach that unlocks continuous savings opportunities for fleets. By providing an easy way to monitor driving events and offering actionable improvement tips, Fairmatic is giving…
Former CEO of Earnix appointed to accelerate Kissterra’s growth and innovation as it undergoes rapid growth Tel Aviv, Israel, February 13, 2023 – Kissterra, the world’s first insurance marketing operating system, today announced the appointment of Udi Ziv as Chief Executive Officer. Ziv’s appointment empowers Kissterra to expand its rapid growth in the insurance sector and widen into new markets, further cementing the company’s position as a leading insurance software provider. Ziv will play a pivotal role in developing Kissterra’s growth strategy in the competitive market, signaling a new chapter of innovation in the global insurance ecosystem while expanding its…
Investors in the round included Shlomo Group, Mobilion Fund, Adar Ltd., the American Scharf Group, Summus VC, and UMI Israel. The company will use the fresh funds to continue its accelerated growth and to expand and develop its proprietary product. “The automotive field is undergoing a fundamental change, becoming smarter and more tech-oriented, affecting related fields. We are proud to be a part of this change and to contribute to the development and promotion of the insurance and automotive industry in order to prevent fraud and waste of money, and to enable accuracy and efficiency in outdated and complex processes,”…