Hanaco Ventures joins Vesttoo through an equity investment of $6 Million USD, leading Vesttoo’s Series A round aimed at further promoting the company’s multi-billion security-based investment portfolio, as well as the world’s first fully digital marketplace for insurers, reinsurers, and pension funds. Tel Aviv, Israel — Vesttoo, a leading global Alternative Reinsurance and Investment platform, announces it has raised $6 million in a Series A funding round led by Hanaco Ventures. The round is part of Hanaco’s broader investment strategy in Vesttoo, aimed at further developing Vesttoo’s Insurance-Linked Program (ILP) offering, an innovative security-based investment portfolio as well as the…

Harel is the Winner of Department for International Trade (DIT)’s first-ever European Women in Tech; Finalist of the Quesnay’s Female Founders in InsurTech and the Insurtech Hartford Challenge 2021; Serenus.AI Granted New US Patent for ‘AUTOMATED METHOD AND SYSTEM FOR SCREENING AND PREVENTION OF UNNECESSARY MEDICAL PROCEDURES’ Hillary (Orly) Harel (ADV), Co-Founder and CEO of Serenus.AI relates to the visit of Dr. Moshe Bareket, the Director General of the Capital. Markets, Insurance & Savings Authority at the final event of the Israeli Insurtech Accelerator event: “When a senior government representative participates in such an event, it shows the willingness of…

We live in an increasingly digital world, and new digital platforms such as financial apps, social networks, e-commerce, smart homes, and the new environment of remote working are associated with growing cyber risks. Recent researches clearly show that most consumers are concerned about cyber threats, but only a few know that personal cyber insurance products are available. To address this gap, Connected Insurance has partnered with Swiss Re to create The Digital-Life Insurance. This multi-layered cyber protection offers personal cyber insurance to individuals and families. The product provides innovative risk prevention tools that help consumers protect themselves and their electronic…

The new capital will enable the company, which is engaged in the development of marketing and analysis technologies and algorithms for insurance companies in the United States, to expand into new markets and continuing development of the technology * Menorah Mivtachim Deputy CEO and Investments Division manager Nir Maroz: The insurtech sector has great potential for good yields for the company’s customers and thus, we have made the investment as part of the diversification and varying of the investment portfolio. The Kissterra insurtech company, which is engaged in the development of marketing and analysis technologies and algorithms for insurance companies…

Q&A with Yaniv Alfi ,Co-Founder and Managing Director What does PROJAIX do? ProjAIX helps companies to deal with the challenge of processing and analyzing tremendous amounts of visual data. ProjAIX “Fission Engine” uses image recognition technology to extract information from visual data and allow businesses to get fast and accurate insights on their data for business intelligence and business decisions. How did you come up with the idea? (What is the story behind it?) Yuval, Tal and I, spent many years working in the Mobility Industry. Over time we saw the difficulties, challenges, resources and money required to implement BI…

Q&A with Nitzan lahat, Founder – Mpcheck What does MPCheck do? MPCheck is a company that provides a groundbreaking technology-based service for personalized medical testing and health screenings. How did you come up with the idea, and what is the story behind it? A few years ago, I lost my wife suddenly due an unexpected illness. As a result, I decided to look for a way to leverage existing advanced technologies to make routine health checks more personalized and therefore more effective. Unfortunately, healthy people often skip important medical tests, because the process is inconvenient and takes too much time.…

Q&A with Moshe Brown, Co-Founder at Socalytix What does Socalytix do? There are two areas that we cover, The first issue we cover is in the insurance existing customer base. Insurance companies have enormous amounts of data on their customers, most of it is static data, their issue is that they do not have information about their recent life events (recent family status, work, education, etc.). Due to this reason insurance companies fail to manage their passive clients data base, tending to recruit new clients Vs cultivating existing clients. The painful fact is that recruiting new customers is much more expensive…