Available directly and via agents the company leverages proactive, risk-reducing technology to offer recreational boaters innovative insurance policies designed for the modern boater across the US  Ahoy!®, the new digital insurance MGA for recreational boating, today launched its unique technology-driven insurance product for the boating industry. Built by boaters for boaters, Ahoy! combines its proactive, risk-reducing technology, with its founders’ deep knowledge of both boating and insurance to deliver innovative insurance policies for the 21st century. In partnership with Spinnaker Insurance Company, a national property and casualty insurer rated A- (Excellent) by A.M. Best Company, and with backing from specialist reinsurers Greenlight Re and Topsail…

Travel insurance will be offered digitally from end to end, including purchase. Insurance includes, amongst other things, hospitalization, air evacuation and flight to Israel, reimbursement of special expenses and accompanying person flights With the end of the school year, Libra announced last week its entry into the travel insurance sector. According to its announcement, the travel insurance will be offered digitally from end to end, with claims payments being made to the policyholder’s credit card, as soon as the claims are reported. When needed, the insured can consult digitally with Israeli medical practitioners anywhere and at any time, easily and…

By virtue of its successful deployment in the US, INSHUR selects Five Sigma’s SaaS-based solution to build its in-house UK claims operations. Five Sigma, an emerging leader in cloud-native Claims Management Solutions (CMS), today announced that INSHUR has chosen Five Sigma’s CMS for its UK in-house claims operations. INSHUR is a leading global Insurtech firm in the embedded insurance space that has made a name for itself by providing an innovative, data-driven approach that sets a new benchmark for the development and distribution of commercial insurance products. This new implementation will allow INSHUR to extend that same quality, speed, and…

Wesure says that receipt of the permits completes the additional pre-conditions of the Ayalon agreement, the completion date for the Ayalon acquisition is set for June 30 2022 The Wesure Globaltech technology and insurance company has announced that it is advancing towards completion of the deal for the acquisition of Ayalon. The company has reported that additional approvals have been received forming pre-conditions for execution of the deal. Amongst other things, the Capital Market Commissioner has granted control permits to Wesure’s controlling shareholders (Wesure founders Emil Weischel and Nitzan Tzair Harim and Tzvi and Anat Barak, the owners of Caesarea…