#featured Archives - Page 59 of 61 - Insurtech Israel News

Assaf Wand, Hippo Co-founder and CEO

Assaf Wand, CEO and Co-Founder of Hippo: The Best Policy Is The One That You Never Have To Use

By admin on April 8, 2020 P&C

“Traditional insurance companies only interact with you when you’ve got a claim. Our insurance uses technology that could help prevent a claim from ever happening in the first place. Because, in our eyes the best insurance policy is the one that you never have to use”. These are the words of Assaf Wand, CEO and Co-Founder of Hippo. In a conversation with INSURTECH ISREAL NEWS, wand talks about Hippos unique Business Model, It’s effect on the Insurance Industry and the Customers. 5 years after being founded– how are the American people adopting your business model? Before I decided to…

Making Better Decisions

By admin on April 8, 2020 AI

Human review of medical records is slow and not accurate enough, and Essential information is often missed – says Yuval Man, the CEO Of Digital Owl. Man explains that Computers don’t get bored or tired, and they extract more meaningful medical information in a significantly shorter time. DigitalOwl (formerly known as Legal Automation) developed an AI system for underwriters and claim analysts, primarily working with products such as Life, Disability, Workers’ Compensation, Accident, and Voluntary/Supplemental products. DigitalOwl’s system reads, understands, and analyzes medical documents automatically and quickly. Using a state-of-the-art NLP engine, the system extracts the relevant medical information that…

Kobi Bendalak

The Israeli InsurTech Roadshow – Live Virtual Pitch Event

By admin on April 8, 2020 People

More than 200 insurance companies, venture capital funds and key personnel from 23 countries took part in the virtual Israel Insuretech Conference held on Monday (April 6). 19 Israeli startups in the Insurtech sector presented their technologies to the participants and answered questions from the audience. The aim of the Conference, says InsurTech Israel CEO Kobi Bendelak was to promote the Israeli InsurTech industry in these challenging and difficult times. Ineed, this difficult period has emphasized the great and important need amongst insurance companies for technology and this is clear from the event itself, with tens of insurance companies from…

Elyasaf Moas

Challenging The Industry’s Basic Assumptions

By admin on March 25, 2020 P&C

YOUS founders Arik Sasi and Elyasaf Moas: Our aim is to use data that can be gathered in real-time in order to estimate the customer’s accurate risk and insurance needs “Our aim is to use data that can be gathered in real-time in order to estimate the customer’s accurate risk and insurance needs” – say Arik Sasi and Elyasaf Moas, the founders of YOUS. The idea is to create the customer’s overall picture and to enable a precise insurance offering tailored made to the customer. Sasi and Moas are challenging the industry’s basic assumptions, which appear to be taken for granted and question why car and home policies are sold mostly annually? Why…

$Can The Global Players Subdue The New Innovations? \ by Kobi Bendelak$

Can The Global Players Subdue The New Innovations? \ by Kobi Bendelak

By admin on March 25, 2020 Articles

An important question in the Insurtech industry is how the big players in the market, and especially the insurance companies, relate to the Insurtech world. Whether they feel if there is a threat or an opportunity From conversations that I made with many insurance companies around the world, and especially in Europe, I am impressed that there is a great deal of interest in the field of Insurtech. Is it a matter of great curiosity and a desire to understand what has happened behind the wall or that interest is genuine in order to adopt new changes and technologies? As…

Creating A Health-Based Economy

By admin on March 25, 2020 L&H

“Today, in Israel, everything can be purchased with health coins. In fact, we created a new economy – a health-based economy”, says Alon Silberberg, CEO of Yuvital, the developer of Rumble. Rumble is a digital solution built for insurance companies that mitigates risks, gathers and analyzes unbiased health and behavior data with increased accuracy, deepens customer relationships, and creates a positive digital experience by using social, psychological and economic incentives to lead a more healthy and active lifestyle for policyholders. How can you improve one’s health with a smartphone Application? Silberberg: We have developed a mobile app that allows us to reward any customer or potential customer for having an active and healthy lifestyle. With…

$The Corona Virus And Its Impact On The Insurance Companies \ By Ofer Brandt$

The Corona Virus And Its Impact On The Insurance Companies \ By Ofer Brandt

By admin on March 25, 2020 Articles, L&H, P&C

Actuary Ofer Brandt explains the possible implications of the Corona epidemic on the insurance companies and how intelligent risk management can assist in coping with it The World Health Organization last week declared the Corona virus to be a pandemic. German Chancellor Angela Merkel estimated that there is a good chance of 60%-70% of Germans being infected by the virus. This is based amongst other things on mathematical models showing that for every known case of infection there are four additional cases that have not been reported. Such a rapid outbreak and spread of a virus last happened worldwide in 1918, during World War 1. This is known…

$The Israeli Insurtech Industry Helps The World Fight The Corona Virus \ By Kobi Bendalak$

Kobi Bendalak

The Israeli Insurtech Industry Helps The World Fight The Corona Virus \ By Kobi Bendalak

By admin on March 22, 2020 Premium

Yes, the world has changed. It will no longer be the same world we experienced before the Corona. Even if the virus disappears the experience remains, the Coronavirus disease will undoubtedly a dramatic effect on the human life. The insurance industry is shaking up. The need to cover the damages caused to customers by the virus but not less the decline in sales and revenue The InsurTech world is going through a difficult time. Especially because most of the startups are early-stage companies that need external funding for their activities and some of the applications is not perfectly prepared However,…

Eugene Greenberg, Chairman and CEO at Click-Ins

Damage Detection Can Save Billions From Insurance Fraud

By admin on March 10, 2020 Claims, P&C

Eugene Greenberg, CEO and Co-Founder at Click-Ins: An estimated $120 billion USD are lost to insurance fraud, but that amount is reflective of investigated cases only. $300-$400 billion USD account for non-investigated fraud losses 500 Billion USD are lost to insurance fraud – this is the estimation of Eugene Greenberg, CEO and Co-Founder at Click-Ins. Click-Ins offers a next-generation, automated SaaS solution for insurance companies, and the automotive industry that detects any external damage, and turns the damage into unique identifiers, like a fingerprint. Click-Ins requires digital images of the vehicle – a digital image from just the click of any camera…

Yossi Yarkoni - Founder & CEO - Robin

After A Successful Poc, Robin Expends Its Digital Broker-as-a-service Platform To Europe To Be Used By Banks, Insurers And Large Brokers As A Private Label Solution Under Their Own Brand

By admin on March 10, 2020 L&H, Systems

Howden, the world’s third largest insurance broker, recently executed a strategic investment in Robin. The strategic collaboration will enable the company to present the up to date solution to Howden branches around the world for independent use vis-à-vis suitable clients and via other parties in the insurance and pension value chain The Robin Insuretech startup, which operates as insurance and pension Digital Broker and developed a Digital Broker as a Service platform, is currently expending its operation to England, Germany and the USA. As part of this deployment, the company has been accepted to Munich Re’s insurtech hothouse. Robin was…

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