Browsing: #featured

Vesttoo is proud to announce its Series C co-led by Mouro Capital and a global private equity fund, with participation from a bulge-bracket investment bank, Gramercy Ventures, Black River Ventures and Hanaco Ventures. Vesttoo CEO Yaniv Bertele: “Our AI-based marketplace is set to propel the insurance industry forward by better connecting ceded insurance risk to capital sourced from global investors.” Vesttoo Ltd, a leading technology-driven global insurance risk transfer platform, today announced an $80 Million Series C financing round co-led by Mouro Capital and a private equity fund, valuing the Company at $1 billion. A US-based bulge-bracket investment bank, Gramercy Ventures, Black River Ventures…

New partnership will streamline the boat purchasing process with the added value of Ahoy!’s innovative insurance product Ahoy! , the digital insurance MGA for recreational boating, today announced a partnership with Vantage Recreational Finance, Inc. (VRF), a leading financial solutions company for the marine and recreational vehicle (RV) industry, enabling boat buyers who finance their purchase through VRF to have easy access to an Ahoy! boat insurance policy directly through VRF’s financing platform. The embedded insurance program will include technical integration to offer VRF customers insurance quotes through a “click to buy” model as well as to bind the policy…

9 Israeli Insurtechs was selected to the Sønr’s TOP 100 GLOBAL INSURTECHS list. The startups are: Atidot Parametrix Planck Lemonade Hippo Next insurance EasySend At-bay Bolttech Kobi Bendelak, Insurtech Israel CEO and one of the 32 Judges in the competition: “We are so proud to that 9  of the startups are coming from our ecosystem, the Israeli Insurtech ecosystem. Huge congratulations to all companies who have made the top 100. Your incredible growth and tenacity throughout a challenging period is exceptional and is supporting the industry in fulfilling its purpose”.

Atidot: “We look forward to meeting and learning from incredible mentors in the insurance industry” Atidot has been selected into the 2022 InsurTech NY’s Growth-Stage Accelerator program. Atidot: “We look forward to meeting and learning from incredible mentors in the insurance industry”. Atidot is a cloud-based AI and predictive analytics solutions provider for life insurance companies. Our data-driven turnkey solutions directly impact companies across the value chain, help them serve their customers better, and generate new revenue streams. Founded by a team of data scientists and actuaries, Atidot works with leading carriers in North America and Europe to optimize their book of business. Atidot…

The policy was launched in Makeuni County, Kenya when Eunice Jesang paid $0.83 to insure her maize against crop failure The Lemonade Crypto Climate Coalition launched recently their first real life parametric insurance policy that’s done purely on the blockchain. Lemonade announced that The policy was launched in Makeuni County, Kenya when Eunice Jesang paid $0.83 to insure her maize against crop failure. Eunice is the first farmer to get covered by the Lemonade Crypto Climate Coalition. The coalition made of Avalanche, Chainlink Labs, PULA, Hannover Re, DAOstack and Etherisc.

Effectivate’s founder, Shai Granot, together with the game architect Anna Izoutcheev, presented a keynote talk titled “Cognitive Training: Opportunities for Insurers in the World of Neuro-Wellness”. MOI 2022 conference is the biggest European gatherings for innovators in the realm of insurance Effectivate, an Israeli start-up that provides computerized cognitive training, participated in MOI 2022 – The Magic of Innovation conference, where the company had the opportunity to present its vision and accomplishments, and share some insights. The conference, held annually in Vienna, is one of the biggest European gatherings for innovators in the realm of insurance, allowing decision-makers in this field to learn…

Novidea, the creator of the cloud-native, data-driven insurance Agency Management System (AMS), today announced significant new enhancements to its low-code automation rules engine. These enhancements will empower independent agents, brokers, managing general agents (MGAs) and wholesalers to work smarter and more efficiently, while providing a great customer experience. Each insurance policy transaction involves multiple functions and processes that carry out specific tasks across an MGA’s or agency’s front, middle and back offices. Each of these tasks involves rules, regulations, and agency policies that drive decision-making for agents and their customers. Novidea’s newest system upgrade includes dynamic questionnaires based on the…

Michigan-based Agency Creates a Centralized System of Record to Improve Customer and Employee Experience Encore Insurance, a digital-native independent insurance agency specializing in personal lines, has selected Novidea’s cloud-native, data-driven agency management system (AMS) to scale and create a better customer experience. By putting real-time customer data at every employee’s fingertip, regardless of where they choose to work, Encore can now boost conversions, resolve customer disputes more quickly, and make better-informed business decisions. “As a modern, digital-first independent agency, we have a future goal to scale beyond Michigan and service clients across all 50 states. To accomplish this, we knew…

With it’s 30 startsups in the formal delegation, and over 40 companies at total (Out of about 400 Companies and startups from around the world)  – the Israeli Insurtech got a lot of respect in the ITC2022 convention that took place last week in Las vegas. Israeli Market leaders such as Kobi Bendelak – CEO of Insurtech Israel, Gil Arazi – CEO of FinTLV, and many more, spoke on panels and presented their Views and Ideas About the current trends in the Insurance and Insurtech Sectors. Here are some of the Highlight Of the Israelis participants in the conference.

PlanetWatchers are delighted to announce we have raised $11M in series A funding to further support our ambitious growth plans. The funding raised will allow us to invest in our industry-leading SAR-based data analytics alongside expanding our team to address the increasing market demand to help solve global food security issues. This latest funding builds on our successful pre-series A round, which closed in June 2021 and means we can significantly increase our commercial footprint with crop insurers and agricultural input providers. For the reactions of our CEO, Dominic Edmunds, Andre Ronsoehr, Principal at Seraphim Space and Champ Suthipongchai, General…

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