feat A new Insurtech hub has been launched in Guatemala, led by Insurtech Israel, marking the beginning of a global expansion of the successful Israeli model. Following two major exits in the past year and a proven track record in the local ecosystem — which includes over 240 startups — Insurtech Israel is now setting its sights on global approach and the first location will be in Latin America, one of the fastest-growing markets in the world. The insurance industry is undergoing a dramatic digital transformation, and Guatemala, through a close collaboration with Insurtech Israel, is positioning itself at the…
Browsing: InsurTech Israel
Insurtech insights, the European largest InsurTech conference, will take place on the 15-16/03 In London UK. More then 2,000 visitors will participate in the conference, including the representatives of many insurance companies, investors, key persons and of course startups and technology people from all over the world. The conference gives exposure to new and advanced technologies in the world of insurance and a look into the future of the sector. InsurTech Israel CEO Kobi Bendelak: “Within the framework of InsurTech Israel, we put together a mission of 14 Israeli startups with a wide range of technological solutions. Amongst those travelling…
There is no doubt that Corona, alongside the huge challenges and the damage to extensive areas of the economy, also resulted in massive development of the technological and digital aspects of the world of insurance. The main gainers from the technological push are the insuretech companies, who develop digital systems for the insurance companies and the agents or those operating in the area of direct insurances vis-à-vis the end customers. In 2020 Israel has strengthened its position as one of the global insuretech capitals, with a number of the world’s leading companies in the sector being Israeli – for example…
Insurtech Israel, Ayalon Insurance company and Brokertech Venture , together with an international coalition of leading parties in the global insurance industry, , is forming an International Insurtech Accelerator. the Accelerator will investment in the dedicated project to develop projects in the insurtech industry, is estimated at NIS 10 million. Japanese insurance giant Sompo and international firms: Deloitte, Sapians, DELL, Milliman and Israeli law firm Shibolet have joined as business partners. the Israeli Insurtech Accelerator is unique accelerator will hold two cycles per year in the first stage, with four to five potential startups selecting the highest potential in each…
The Insurtech Israel venture capital investment fund, which specializes in insurtech, Held A meeting between Israeli startups and United Arab Emirates insurance companies and investors. The insurtechs that took part in the meeting are: Berzon, AirDoctor, Open legacy, Insurtix, Treepodia, Contguard, Bestfit, Click-Ins, Go and Insuritat. Ohad Maodi, a representative from the Israeli Insurance regulator, also participated in the event, alongside with Salmaan Jaffery – Chief Business Development Officer in the DIFC. From the Emirates side, the largest insurance companies took part in the event, including the headquarters of international insurers based in the Emirates. Insurtech Israel CEO and founder Kobi Bendelak said that…
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…
Lemonade founder and CEO Daniel Schreiber, Insurech Israel CEO Kobi Bendelek and Hypo founder and CEO Asaf Wand included in the 34-strong list of influential figures The Daily Fintech magazine has chosen three Israelis amongst its 34-strong list of the most influential figures in the world insurtech industry in 2019: Lemonade founder and CEO Daniel Schreiber, Insurech Israel CEO Kobi Bendelek and Hypo founder and CEO Asaf Wand. Insuretech is one of the fastest growing areas in the hi-tech world in general and in the fintech world in particular, especially in light of its key impact on one of the…
The Insurtech Israel venture capital investment fund, which specializes in insurtech, is planning a meeting between Israeli startups and United Arab Emirates insurance companies and investors. A list of 10 selected startups is currently being put together from the local industry. From the Emirates side, the largest insurance companies are expected to be taking part, including the headquarters of international insurers based in the Emirates. Insurtech Israel CEO and founder Kobi Bendelak said that the insurance scene in the Emirates is similar to that in Israel, but is most characterized by construction and industrial risks. He added that the area…
The Yous start-up develops ground-breaking technology enabling on-demand automatic insurance * Fund CEO Kobi Bendalek: We found that the company’s vision and technology are about to change the customers consuming and use of insurance around the world The Israel Insuretech investment fund, which invests in start-ups developing technologies for the global world of insurance, has invested in the Yous start-up’s latest capital offering round. Details of the investment have not been given but those involved in the transaction say that it amounts to a few million dollars. Yous recently won second place in the GIR 2019 competition in Frankfurt. Fund…
12 companies competed for a ticket for the SBC Organization’s international competition in Hertford, Connecticut * During the event, technologies were presented on the subject of automatic medical opinions on the need for surgery, automatic underwriting and claims handling and virtual service reps * Insurtech Israel CEO Kobi Bendalek: We do not invest only in ventures, but mainly accompany them using the extensive experience of the fund’s manages in the area of insurance As part of collaboration between the Israeli InsureTech Israel investment fund and SBC, a Fast Day event was held Last week with 12 top Israeli startups…