Key Trends in 2024: In 2024, artificial intelligence emerged as a dominant force, driving significant digital transformation within the insurance industry. A strong focus on climate solutions and sustainability emerged alongside a wave of new regulations that presented both challenges and exciting opportunities for insurance companies. Research data revealed a 25% increase in the adoption of advanced technological solutions within the Israeli insurance market. The integration of diverse technological fields, including Climatetech, Agetech, Spacetech, and Healtech, fostered groundbreaking collaborations and expanded the range of technologies applicable to the insurance sector. These advancements position Israel at the forefront of global development,…

MediMe is proud to announce an exciting new collaboration with Direct Insurance. Starting January 2025, MediMe will launch a pilot program utilizing its cutting-edge AI technology to revolutionize health insurance processes. The groundbreaking technology developed by MediMe enables fast and precise analysis of health insurance policies, personalized solutions tailored to individual customers, and a significant enhancement in addressing policyholders’ needs. This partnership is part of Direct Insurance’s forward-thinking innovation strategy, led by the company’s VP Technology & Innovation , Raz Bartov, and Head of Development & Innovation, Heli Mirel. “We are thrilled and honored to be part of the insurance…

Empathy partnered with Prudential Financial, one of the world’s leading insurance providers, to bring Empathy’s holistic bereavement support to millions of Prudential’s policyholders and their families. This partnership marks a significant step forward, not only for Empathy but for the entire compassionate economy that we’re leading to scale with holistic, tech-supported care. Prudential is renowned for its unwavering dedication to making lives better. For over 145 years, they’ve supported families with trusted financial services, keeping compassion at the heart of everything they do. With their far-reaching presence in the insurance industry and $1.45 trillion in AUM, they’ve built a legacy that…

Connected Insurance (CI), a leader in AI-driven insurtech, has partnered with Voyager Global Mobility (VGM), one of the fastest-growing mobility operators in America. VGM provides vehicles for ride-hailing, car-sharing, and last-mile delivery services. CI’s cutting-edge AI-powered platform addresses the complex insurance and risk management challenges faced by the mobility industry. Through this collaboration, CI’s advanced technology powers a data-driven Usage-Based Insurance (UBI) program to deliver cost-effective, tailored insurance coverage for VGM’s rapidly expanding fleet. VGM’s Growth and Challenges in the Mobility Space Voyager Global Mobility (VGM) helps drivers access professionally managed, high-quality vehicles while managing the logistical challenges that come with fleet management. As VGM rapidly…