Browsing: Itay Ben Zaken

Honeycomb  has raised $15.4 million in a Series A funding round led by Ibex Investors. The fast-growing digital insurance provider has developed the first technology stack for multi-family properties that dramatically streamlines the arduous, time-consuming process faced by landlords and condo owners associations seeking insurance.  Moreover, Honeycomb’s proprietary AI-driven technology also is the first to enable the delivery of bespoke, “right-priced” insurance coverages – instantly. The U.S. and Israel-based company, which only began writing U.S. policies in June of 2021, now operates in four states — Illinois, Arizona, Michigan, and Ohio – with plans this year to launch in ten…

The Israeli insurtech company Honeycomb (formerly Agilius) has launched its innovative insurance platform in North America, following the raising of 3.3 million dollars, led by the Phoenix, New Era Capital Partners, IT-Farm Corporation and NFP Ventures. Honeycomb is entering a market estimated at 22 billion dollars, offering the customer a simple, efficient and transparent experience in a market consisting of 53 million households in the USA. Honeycomb is the first insurance platform creating a change in the purchasing, underwriting and management of insurance for condominiums. Currently, the purchase of insurance in the USA and over most of the world is…