Earnix, the leading AI, real-time platform for intelligent decisioning SaaS solutions for the insurance and financial services industries, today announced the appointment of Jessica Buss, Chief Executive Officer of Argo Group, to its Board of Directors effective October 1st. Buss is a highly respected leader in the property and casualty insurance industry, with extensive experience in executive management, finance, and operations. Jessica Buss joined Argo Group in August 2022 as Chief Executive Officer, where she is responsible for setting the strategic direction for the company and managing its overall operations. She is also the current Chairman of the Board of…
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Sure-Tech Investments has signed an agreement to acquire shares in portfolio company GeoX and will invest $1 million in its ongoing fundraising round. In return, Sure-Tech will receive Series A preferred shares. The announcement was made by Sure-Tech to the Tel Aviv Stock Exchange and the Securities Authority. Recently, GeoX partnered with the Flashpoint Venture Capital Fund, which will lead the $13 million funding round, valuing GeoX at $61–$65 million post-money. Flashpoint will invest $8 million, with $5 million transferred after the agreement’s signing and an additional $3 million at a later date. Sure-Tech has already invested $3.75 million…
Traveling abroad comes with its unique set of stresses, and for many, one of the biggest is what to do if you find yourself unwell. Can you find a doctor who speaks your language, will accept your insurance, and let you avoid the costs and stress of visiting an unfamiliar hospital emergency room? A startup called Air Doctor has built a platform to help people in this very predicament, and it has now raised $20 million in a Series B round after seeing strong traction. Air Doctor’s product is part directory, part algorithmically-driven location-based service provider, and part accounting tech. At its…
The Israeli startup’s technology uses artificial intelligence to conduct 3D analysis of aerial imagery, enabling automated and highly accurate assessments of real estate properties. This system helps to predict potential damage caused by natural disasters such as hurricanes, floods, and wildfires. Israeli startup GEOX, which has developed an AI-powered platform for analyzing real estate risk from climate-related disasters, has successfully raised $19 million in a Series A funding round. The round was led by Flashpoint Venture Capital, with participation from Suretech Partnership, as well as investors Ariel Maislos and Noam Lanir. This funding brings the total investment in the company…
Healthee, a pioneer in health benefits technology, is thrilled to announce the upcoming launch of its enhanced app, set to debut in early 2025. This major update will introduce a range of new and improved features, all aligning with Healthee’s ongoing mission: make access to a healthier life effortless. The announcement comes on the heels of Healthee’s recent brand refresh, further solidifying Healthee’s commitment to putting users at the heart of everything they do. The newly advanced Healthee app will offer a comprehensive platform that simplifies the user experience, prioritizing speed from need to service and accessibility of effective healthcare.…
In this edition of our series on the Israeli Insurtech delegation heading to ITC Vegas in October 2024, we’re excited to showcase the forward-thinking companies transforming the insurance industry. This time, we turn our spotlight to Jungo Connectivity, exploring their journey, challenges, and groundbreaking technologies through detailed interviews. Company Overview Founded in 2013, Jungo Connectivity is a leader in in-cabin sensing solutions. Our flagship product, VuDrive, is an AI-powered driver monitoring system designed specifically for commercial fleets and insurance companies/brokerages. This camera-based solution uses cost-effective hardware and advanced AI to monitor driver behavior and prevent accidents. Jungo’s technology…
SolarWinds CISO Tim Brown, renowned market leader in the cyber security space, the man behind the management and recovery of the SUNBURST attack, today shares his personal insights and advice on the increasingly sophisticated cyber crisis landscape. For the past several years, Tim has been advocating for a new way of addressing cyber crises, calling on all security leaders to shift to utilizing the technology available today. Recognizing the critical role of technology in crisis management, Tim joins Cytactic’s Advisory Board with the mission to shape the future of cyber resilience. “The role of selecting the right platform for…
Israel continues to solidify its position as a global powerhouse in the insurtech industry, with over 200 innovative startups leading the way. The Israeli ecosystem, renowned for its innovation and ability to create groundbreaking technological solutions, presents a vibrant and dynamic picture of the trends and directions driving the global industry. InsurTech Israel, a leader in supporting and guiding this ecosystem, has recently released a comprehensive infographic showcasing the remarkable successes of the Israeli insurtech industry. This infographic highlights the variety of startups that are driving the industry forward and the ways in which Israeli innovation continues to shape the…
In this edition of our series on the Israeli Insurtech delegation heading to ITC Vegas in October 2024, we’re excited to showcase the forward-thinking companies transforming the insurance industry. This time, we turn our spotlight to Docomotion, exploring their journey, challenges, and groundbreaking technologies through detailed interviews. Company Overview Founded in 2015, Docomotion is a cutting-edge document generation application on Salesforce. Our mission is to provide intuitive and efficient tools for designing and generating complex documents, allowing organizations to automate document-related processes and significantly enhance their business efficiency. In July 2024, Docomotion was acquired by Novidea, a strategic decision…
At Emotion Logic, we understand that trust is the cornerstone of every interaction and partnership. Today, we are proud to announce a significant milestone in our commitment to safeguarding our clients’ data: Emotion Logic has achieved SOC 2 Type II certification. SOC 2 Type II certification is recognized as one of the most rigorous standards for data security. It was developed by the American Institute of CPAs (AICPA) to assess the design and operational effectiveness of an organization’s security controls. Earning this certification required a comprehensive audit of our systems, processes, and controls to ensure they meet the highest standards…