The native integration with One Inc will offer Five Sigma customers diversified, digital payment options that improve customer experience, security, and speed Five Sigma, an emerging leader in cloud-native insurance Claims Management Solutions (CMS), today announced that it has partnered with One Inc, a nationally-recognized digital insurance payment solutions provider, to offer its U.S.-based customers more convenient and diversified claims payment options. This out-of-the-box integration between One Inc and Five Sigma gives insurers the ability to process digital payments without leaving the Five Sigma CMS, for both inbound premium payments, and outbound claims disbursements. It also gives claimants the flexibility…

The Google Maps based interface factors in data on every building in earthquake and tsunami risk areas and calculates the likelihood of damage. The insured will be able to pay according to the risk for the specific building Running up to the 100th anniversary of the last major earthquake in Israel, Choco Digital Insurance has announced the launch of a unique technological interface, based on Google Maps. The model calculates insurance costs automatically and in real time according to the level of earthquake and tsunami risk for a specific building. The model calculates the likelihood of destruction of the building…

RAVIN.AI have reported on their social media channel that they are proud to announce the expansion of their partnership with Buggy TLC, a division of Voyager Global Mobility, the TLC auto operator, which supplies cars to Uber, Lyft and, taxi drivers. RAVIN.AI: “We’re proud and excited to announce the expansion of our partnership with Buggy TLC, a division of Voyager Global Mobility, the TLC auto operator, which supplies cars to Uber, Lyft and, taxi drivers. The extended partnership now gives Buggy the ability to conduct more #scans and #inspections in less time, enabling the company to continue to scale -…

Aon Reinsurance Israel is joining the Israeli Insurtech Accelerator as a business partner. The company is joining a long list of partners: Deloitte, Dell, Sompo Insurance, ERB, Milliman, Microsoft, Sharon Levitan & Co.,  BrokerTech Venture, McDermott Will and Emery, Sapiens, Bolt, Shibolet & Co., Clyde & Co., Xceedance, Tikotsky and Ranger. Aon Reinsurance Israel: “We are pleased to be a part of the accelerator, expose the company’s value to the Israeli insurtech ecosystem and create revenue generating opportunities with all of the partners”. In addition, the entrepreneurs of Bolt – an Israeli insurtech startup, have decided to join the accelerator…

The new system will allow agents real time access to the most recent policy and users will save time in issuing and managing the policy The Israeli Novidea insurtech company, which has developed a cloud-based system for improving efficiency in the area of insurance policies and the American Certificial company which is developing a smart insurance policy system (Smart COI) have declared technological collaboration, which will make the insurance certificate issuing process into a fully and smooth digital process. Novidea has developed an award-winning system enabling insurance companies to improve the efficiency of their work. The company’s platform fully manages…

Partnership provides small businesses with a frictionless insurance purchasing program to comply with enterprise coverage requirements through NEXT Connect NEXT Insurance, a leading digital insurtech company transforming small business insurance and Evident, a leading provider of third-party insurance verification services, today announced that they have partnered to provide NEXT’s tailored insurance solutions to the small businesses that Evident verifies, improving their compliance with the enterprise’s requirements. Through this partnership, NEXT and Evident are making it easier for small businesses to get the exact coverage they need to grow and scale. “Our mission is to enable small businesses to thrive by…

The Barak family has completed its investment in Wesure Global Tech totaling 260 million shekels and is now part of the insurance group’s control core; at the same time, the Ben Ishai family has invested 20 million shekels in Wesure Global Tech In addition, Wesure has signed a 90 million shekel agreement with a banking corporation The Wesure Global Tech technology and insurance group has announced that it has completed the Ayalon deal, under which Wesure has acquired 67% of the Ayalon Insurance group shares for 44736 million shekels. Wesure reports that at the same time it also signed on…