Insurance

20 stories about Insurance
Ilan Buganim Sapiens

Will insurance digitalization introduce a new social platform?

23.11.22|Ilan Buganim
Ilan Buganim, chief technology and information officer at Sapiens, explains how social media accelerates insurance digitalization
Vesttoo co-founders

Fintech startup Vesttoo raises $80 million at $1 billion valuation

25.10.22|Meir Orbach
The Israeli startup, which has developed a platform that facilitates the investment of new sources of capital in the insurance market, plans to use the new funding to make acquisitions
אמיל וינשל

"In 2023 weSure will have premiums of more than a billion dollars"

06.10.22|Almog Azar
Emil Vainshel, the co-founder of the digital insurance company, talks about the move to the US, discusses the latest challenging acquisition of Ayalon and downplays the drop in the stock price
רועי אגאבאבא מנכ"ל Novidea

Novidea to provide insurance giant Gallagher with insurance management platform

01.09.22|CTech
The deal is expected to generate tens of millions of dollars in revenue for the Israeli startup
Dikla Wagner, Head of Tech Scouting for Munich Re in Israel

Natural disasters are increasing - time to leverage the potential of tech for insurance

07.08.22|Dikla Wagner
Climate change is one of the world’s most pressing issues, and its serious effects are felt globally. For the insurance industry, advanced technology will be essential to adapt to and mitigate climate risks
שגב שילטון מייסד ומנכ''ל החברה יפתח קרזנר מייסד ונשיא החברה

Kissterra raises $10 million from Poalim Equity to improve insurance marketing and distribution

16.05.22|Meir Orbach
The Israeli startup develops a cloud-based operating system for managing the digital marketing and distribution of insurance companies
Faye team

Travel insurance startup Faye raises $8 million in Seed funding

11.05.22|CTech
The Israeli company’s platform covers travelers’ trips, health, belongings, and even their pets, all via an app that sends real-time proactive alerts
Maayan Upasana Sayata

Sayata expands senior management with two new hires

24.02.22|James Spiro
Maayan Sanderovitz Eshed is its new VP of Operations in Tel Aviv and Upasana Unni was appointed Chief Commercial Officer in Boston
ינון דולב דיאה שרידי איציק לביא מיטל שביט

Israeli startup GEOX to assess damage to millions of Japanese buildings for insurance giant Sompo

16.02.22|CTech
The company’s AI technology for analyzing 3D aerial images will help the Japanese conglomerate to improve the accuracy of the risk assessment and underwriting processes
עמליה לנדאו דנה פולג עופר מילבסקי שני גל

Five Sigma expands team with four new appointments

24.01.22|CTech
The insurtech startup appointed a new CMO, COO, VP of HR, and VP of Product
תיאודורה גוונובה נקסט

Former Airbnb and PayPal executive joining NEXT Insurance as CFO ahead of potential IPO

13.01.22|Meir Orbach
Teodora Gouneva supported successful IPOs at both PayPal and Airbnb and also has extensive acumen in M&A, equity and debt financing, international expansion and new product launches
עמית בציר רומה ברונשטיין גיא סלמה Spott

Startup Spott announces arrival with digital insurance platform for e-commerce sellers

13.01.22|Meir Orbach
The Israeli company’s insurance enables e-commerce businesses to protect their stores against claims and comply with up-to-date insurance requirements from leading marketplaces, most notably Amazon
חברת אינשורטק VOOM Insurance

VOOM raises $15 million to provide insurance to more mobility vehicles

05.10.21|James Spiro
Already providing insurance for drones, the company will expand to motorcycles, light aircraft, rideshare and delivery drivers
FinTech Mobile

Financial consumerism gets personal in the digital age

03.10.21|CTech
As the world turns to digital – a process highlighted by Covid – increasingly more services and products are becoming personalized
מייסדים Five Sigma עודד ברק דרור שולומון ו מיכאל קירחלי

Insurtech startup Five Sigma raises $12 million Series A

13.09.21|Meir Orbach
The Israeli company aims to deliver a cloud-native, data-driven claims management platform with embedded AI/ML capabilities that enable insurance firms to handle customers’ claims better and faster
מימין תמיר כרמל נטע רוזי יונתן חצור אורי כהן Parametrix

Down, but not out: Parametrix ensuring uptime glitches aren’t destructive

12.09.21|Allon Sinai
Israeli startup Parametrix is disrupting the insurance industry with its IT downtime policy, recently expanding into Europe after already entering the U.S. market with certain underwriters at Lloyd’s of London, and partnering with Japanese insurance giant Sompo
אסף וונד מנכ"ל היפו hippo

The Hippo in the room: How the insurtech unicorn lost half its value in two weeks

22.08.21|Sophie Shulman
Hippo has become the poster boy for everything that is problematic with SPACs, with 83% of the capital raised by its SPAC being withdrawn prior to the IPO and disappointing reports leading to a dramatic drop in its stock price
ערן לירון

Next Insurance targeting mergers and acquisitions to increase market share

08.07.21|Hagar Ravet
The insurtech company announced the appointment of Eran Liron as its Chief Strategy Officer, with Liron telling Calcalist “our agenda is very aggressive, to expand and secure a much larger market share"
מימין ניצן צעיר-הרים יוחנן דנינו אמיל וינשל

Insurtech company WeSure boosts portfolio with $110 million acquisition of Ayalon

27.06.21|Golan Hazani
WeSure is buying 50.4% of insurance company Ayalon's shares at a $216 million valuation, 33% higher than its Tel Aviv Stock Exchange market cap
דיה שרידי יונתן חצור ינון דולב Parametrix

Insurance powerhouse Sompo signs strategic collaboration with Parametrix to insure e-commerce stores

13.06.21|CTech
The Israeli startup, which specializes in insurance policies in the event of cloud-based crashes or downtime, plans to provide service to millions of customers in Japan and the Far East over the next few years