Cyber Risk Quantification Insurtech company – Kovrr, launched a free platform to analyze Cyber Risk Quantification. The tool is powered by Kovrr’s Quantum CRQ (Cyber Risk Quantification) Platform. Kovrr: “Quantum is designed to enable enterprise decision-makers to comprehensively manage their cyber risk exposure by empowering them to seamlessly drive actionable, financial quantified cyber risk decisions, on-demand. Quantum’s data driven approach delivers CISOs, CROs, board members and other decision makers the answers they need with the click of a button”.

Lightico, whose next-generation digital completion platform supports millions of insurance, automotive, telecom and financial interactions, announced today that Menora Mivtachim has chosen its Digital Completion Cloud to enable the streamlining of its customer experience. Through the platform, Menora Mivtachim can provide rapid customer service and obtain the required documents in claims, redemptions and loan processes in a fast and convenient manner. “The launch of the new digital process with Lightico allows us to improve customer service and customer experience while simultaneously improving our internal work processes,” said Moshe Morgenstern, Deputy CEO of Menora Mivtachim, and Director of Information Systems and…

Microsoft Israel joins the Israeli Insurtech Accelerator. Microsoft’s joining will allow Israeli startups access to Microsoft’s global business network, its many technological capabilities and grants that can reach $120,000 for a startup to use the advanced Azure cloud service. Microsoft has set itself the goal in recent years of becoming a major technology enabler in the field of finance and insurtech. The company will provide a platform on which startups and insurance companies can develop and sell the most advanced technologies in the field, while meeting built-in compliance standards within the company’s cloud. This activity largely represents the latest technological…