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…

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,”…

New funding from leading strategic and existing investors comes amidst a 300% growth in members on the company’s platform and the launch of its newest product for the long-term care insurance industry. Assured Allies, the leading insurtech company for evidence-based successful aging, today announced that it has closed a 42.5$ million Series B funding round, bringing the total capital raised to 65$ million. The round was co-led by FinTLV Ventures and existing investor Harel Insurance, and was joined by new and existing investors including Lumir Ventures, Funds managed by Hamilton Lane, New Era Capital Partners, MS&AD Ventures, Core Innovation Capital,…

Novidea, creator of the data-driven, cloud-native insurance platform that enables brokers, agents, and MGAs to reduce costs and drive growth across the distribution lifecycle, today announced the achievement of several significant growth milestones in 2022. In 2022, Novidea experienced 90% Year over Year (YoY) business growth, winning deals with top-tier customers from the ranks of the leading brokers and agencies in the world. The momentum indicates the increased demand for cloud-native core solutions that help insurance agencies, MGAs, and brokers digitally transform their businesses to get in front of the competition. “We continue to see global insurance agents, brokers, MGAs,…

Cyber threats are becoming increasingly common, and families are not immune to their effects. Therefore, families need to be aware of cyber threats and take steps to protect themselves. The last year showed that families worldwide face financial, environmental, and health threats affecting every family worldwide, so they need protection. We want professionals to help us: good doctors and investment advisors to protect us. Cyber threats can be the difference between winning and losing your digital life. What are the threats families must prepare for in 2023, and who are the professionals that can help us overcome a cyber-attack? Here…