The 2026 edition of the “Promising Israeli InsurTech Startup” competition has concluded, with four startups selected as winners out of 27 Israeli insurtech startups that applied this year. The startups selected for 2026 are: Settwiz –  Life & health Caelus.Space  – Claim tech Canotera –  P&C Five Sigma –  Claims & AI The winners were chosen following a thorough evaluation process led by an Israeli and international judging panel, composed of senior experts from the insurance, technology, and investment sectors. The selection was based on the startups’ achievements to date, alongside a strong professional assessment of their potential to deliver…

Novidea, the global leader in cloud-native insurance management platforms, has announced that Colmobil, a large distributor of private and commercial vehicles and automotive service provider has chosen Novidea’s end-to-end platform to modernise and unify its insurance operations. The deployment will streamline workflows, eliminate manual processes, and enhance data-driven decision-making across Colmobil’s insurance business. Colmobil offers a comprehensive one-stop shop for vehicle sales and insurance services. Previously, the company operated separate systems for sales and insurance management, with limited visibility across the business. With the need to unify its technology infrastructure and eliminate manual processes, Colmobil looked for a solution that…

Sapiens International Corporation N.V. (“Sapiens”) today announces a series of senior leadership appointments that will support the company’s next phase of transformation and global growth. These appointments follow the successful closing of Sapiens’ acquisition by Advent, a leading global private equity investor. The transaction was first announced on August 13, 2025, was approved by Sapiens shareholders at the Extraordinary General Meeting on November 19, 2025, and closed on December 17, 2025, following the satisfaction of required regulatory approvals and other customary closing conditions.  With the completion of the transaction, Sapiens common stock has ceased trading and will no longer be listed on NASDAQ and the Tel Aviv Stock Exchange. Sapiens will now operate as…

The global insurance industry is undergoing one of the most significant transformations in its history. Once known for legacy systems, complex onboarding processes, and slow product cycles, today’s insurers are accelerating toward a fully digital, data-driven future. At the centre of this evolution stands AI which is rapidly moving from experimentation to a core strategic capability for insurers worldwide. From Automation to Intelligence: The New Foundations of Insurance AI is no longer limited to chatbots or back-office automation. Insurers are now embedding AI into the entire insurance value chain — underwriting, pricing, distribution, claims, fraud detection, and customer service. The…

Honeycomb Insurance, the digital MGA specializing in tailored property and casualty coverage for landlords and condominium associations, announced today that it has begun writing policies in Colorado, one of the most challenging insurance markets in the country, bringing needed stability and optionality to its 20th state. Colorado agents and brokers have been facing shrinking eligibility and limited carrier options for years. Many admitted carriers have pulled back or tightened their appetite, leaving well-maintained properties (especially those built before 1990) with few viable options or none at all. At the same time, agents report more non-renewals than new placements, with wind…

In a move set to accelerate AI adoption in the insurance industry, Five Sigma, the AI claims technology company behind Clive™, the industry’s first Multi-Agent AI Claims Expert, and Sutherland – a global business and digital transformation company, announced a strategic partnership designed to reshape the way insurers handle claims, from first notice of loss to final settlement. The partnership combines Five Sigma’s Claims Management AI and automation technology with Sutherland’s AI-native digital engineering and Business Process-as-a-Service (BPaaS) expertise, creating a powerful combination that accelerates insurers’ AI transformation journey from strategy to execution. Together, the companies aim to offer insurers a comprehensive, front-to-back…