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Headlines
12:34
Tel Aviv Stock Exchange posts surge in revenue and profit as market activity accelerates
12:18
Israel quietly receives INS Drakon as its newest submarine expands the navy’s strategic reach
11:25
El Al turns wartime disruption into record demand and $132 million quarterly profit
11:13
OpenAI and Anthropic incidents put Israeli AI security startup Irregular at center of race to safely test AI agents
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1
Billionaire Beny Steinmetz challenges $1.4 million tax demand over $9 million Israeli home sale
2
Salesforce veterans raise $20 million pre-Seed from Marc Benioff and Michael Dell to tackle AI’s enterprise bottleneck
3
Wix's Base44 bet comes at a price as losses widen to $76.4 million
4
Monday seeks to double CEO pay weeks after announcing 620 layoffs
5
25-year-old AI investor’s $16 billion bet hits a brutal reality check
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Insurance
20 stories about Insurance
CTech's Weekly Roundup of Israeli Tech News
13.07.18
|
CTech
A Facebook executive defends the company’s transparency reforms. The downward trend in acquisitions of Israeli tech companies. World Bank says Palestinian tech is growing
Next Insurance, a Carrier for Small Businesses, Raises $83 Million
11.07.18
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Asaf Shalev
Next aims to make getting coverage simple and quick for entrepreneurs and small businesses that are underserved by the established insurance industry
Paid Carpooling Will Not Require Special Insurance in Israel
10.07.18
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Tomer Hadar
Following inquiries sent to her office, Israel's commissioner of capital markets announced paid carpools will be covered by the basic mandatory insurance required for private drivers by law
Commercial Insurance Startup Planck Re Raises $12 Million
03.07.18
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Hagar Ravet
The Tel Aviv-based company develops artificial intelligence-based software that helps insurance companies analyze and perform a risk assessment of businesses to create customized insurance policies
Marine Data Company Windward Raises $16.5 Million
01.07.18
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Hagar Ravet
Tel Aviv-headquartered Windward analyzes marine data to provide customers with insights about ship movements, transports, and risks
Fifth Acquisition Deal for Israeli Insurer Phoenix May Go Up in Flames
25.06.18
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Golan Hazani
China-affiliated Sirius International Insurance has been negotiating the 51.1%, NIS 2.5 billion acquisition since September
Insurance Startup Lemonade Sues European Counterpart for Copyright Infringement
17.06.18
|
CTech
According to the suit, Berlin-based ONE reverse engineered Lemonade’s technology to create services that are “facsimiles” of those offered by Lemonade
Instant Insurance Startup Next Insurance Becomes Licensed Carrier
24.05.18
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Meir Orbach
The company offers real-time, customized insurance policies to small business owners through an online platform
Khosla Ventures Co-Leads $13 Million Round for Cyber Insurance Company At-Bay
10.05.18
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Lilach Baumer
At-Bay offers data collection-based risk management and security assessment services.
Israeli Investment House, Venture Capital Firm, to Launch Fintech Incubator
01.05.18
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Meir Orbach
Israel-based investment house Meitav Dash Investments Ltd. and venture capital firm Viola Group have partnered with Danish strategic marketing firm Designit to launch a new fintech incubator
How Lemonade Convinced the Market It Is Disrupting Insurance
30.04.18
|
Reut Shpigelman and Raphael Kahan
The home-insurance startup’s head of marketing and content explains her strategy for connecting with customers
Israeli Startup Sells Instant Insurance to Yoga Instructors, Kindergarten Operators
18.04.18
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Meir Orbach
Next Insurance offers customized insurance policies to small business owners in minutes through its online platform
D.E. Shaw Group Invests in Israel-Based SaaS Insurtech Startup Atidot
28.03.18
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Meir Orbach
The investment was part of a $5 million Series A funding round led by venture capital firm Vertex Ventures Israel
Exin Group Considers Acquisition of Israeli Insurance Company Clal
27.03.18
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Golan Hazani
The Amsterdam-headquartered financial firm is making the offer according to a company valuation of $1.3 billion, but Clal's stakeholder wants a deal according to a valuation of $1.57-$1.7 billion
Insurance Software Company Sapiens Acquires Adaptik for Up To $22 Million
08.02.18
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Tofi Stoler
In 2016 and 2017, Sapiens acquired two U.S.-based insurance technology firms to expand its business in the U.S. and Canada
CTech’s Daily Israeli Tech News Roundup
04.02.18
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CTech
Playtika to hire 100 employees, lease space at Israel’s tallest office tower. Danish Leo Pharma is launching an innovation lab in Israel
Israel-Based Drone Data Analysis Startup SkyWatch Raises $2 Million in Seed Funding
04.02.18
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Tofi Stoler
The company uses artificial intelligence and machine learning to assess and predict potential risks to drones
Ping An’s Global Voyager Fund Invests $25 Million in Telehealth Startup Tyto Care
01.02.18
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Asaf Shalev
China’s largest insurer plans to invest up to $1 billion in early-stage startups through its global fintech and healthcare fund
Insurer AmTrust Taps Israel’s Startup Hub
01.02.18
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Asaf Shalev
In April, the company hired Yair Smith as vice president of strategic development to spearhead the insurer’s scouting efforts in Israel
Israel Aerospace Industries Files a $62 Million Lawsuit Against AMOS-6 Insurers
28.01.18
|
Tomer Ganon
The satellite built by the company exploded in 2016 during pre-checks, two days before its launch
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