20 stories about Insurtech

Israeli Fintech startups to watch out for in 2023

24.01.23|James Spiro, Elihay Vidal
As part of CTech's 2022 VC survey, we asked dozens of industry executives to name some startups they invested in over the past year. The following list highlights some of the notable Fintech startups suggested by their investors
Diyaa Shridi SOMPO

Insurtech: the latest industry innovations and improvements

20.12.22|Diyaa Shridi
“In spite of the setback for some of the insurtechs and digital insurance carriers, opportunity remains strong,” writes Diyaa Shridi.
Adoram Gaash Meirav Har Noy Moneta

Moneta Venture Capital raises $120 million for new fintech and insurtech fund

The fund has invested in over 30 ventures to date, including: Railsbank, Panorays, TipRanks, Insurify, Rewire, Atidot and Human API
רועי אגאבאבא מנכ"ל Novidea

Novidea to provide insurance giant Gallagher with insurance management platform

The deal is expected to generate tens of millions of dollars in revenue for the Israeli startup
הנפקת היפו Hippo בורסה ניו יורק

Hippo Insurance lays off 70 employees, cutting 10% of workforce

The shares of the Israeli-founded insurtech company fell by almost 6% on Wednesday, reducing the company’s market cap to $555 million
יונתן מטוס, מנכ"ל פיירמטיק

Insurtech startup Fairmatic raises $42 million to innovate commercial auto insurance

31.08.22|Meir Orbach
The company, co-founded and headed by Israeli Jonathan Matus, has developed AI-powered risk and pricing models that have been trained with nearly 200 billion miles of driving data and tested over five years of operations
Alex Zukerman Sapiens

Insurers must embrace technology – strategically

18.08.22|Alex Zukerman
As in many other industries where digitization has taken hold, insurance tech shouldn't be adopted just for its own sake, writes Alex Zukerman, Chief Strategy Officer at Sapiens
הנפקת למונייד בורסת ניו יורק יולי 2020

Lemonade shares surge despite continued losses

09.08.22|Sophie Shulman
The Israeli insurtech company concluded the second quarter of the year with a loss of $68 million, but presented a 77% jump in revenue to $50 million
מטה  למונייד תל אביב חברת ביטוח אונליין

How did Lemonade turn $145 million in stock to over $155 million in cash?

28.07.22|Sophie Shulman
The Israeli insurtech company completed the acquisition of car insurance provider Metromile on Thursday for 7.3 million LMND shares, which have fallen by 70% since the deal was agreed last November
כנס פורום היוניקורנס 2022 פאנל רכבת ההרים תופסת תאוצה

Hippo Founder: "We were worth $5-6 billion and now we are worth half a billion. I’ve had better years"

29.06.22|Irad Atzmon Schmayer
Assaf Wand was talking on a panel that discussed how the turmoil in the markets has affected financial technologies. "There is a major correction in the entire industry and it is coming to everyone"
גיא קשטן

Rewire secures $25 million from Migdal Insurance to make insurance accessible to migrants

08.02.22|Sophie Shulman
The fintech company's platform will grant immediate access to insurance offerings for 270 million migrant workers, starting with its 600,000 registered users
מייסדי Sayata

Insurtech startup Sayata adds $35 million to Series A

24.01.22|Meir Orbach
The Israeli company, which streamlines the quote-bind-issue process for insurance brokers, took its Series A to a total of $52 million
עמליה לנדאו דנה פולג עופר מילבסקי שני גל

Five Sigma expands team with four new appointments

The insurtech startup appointed a new CMO, COO, VP of HR, and VP of Product
kyle caswell

Earnix names Kyle Caswell as Chief Revenue Officer

The financial executive has extensive experience in the insurtech sector and was brought on to help accelerate the Israeli unicorn’s growth
צוות HoneyComb

Insurtech startup Honeycomb raises $15.4 million

The Israeli digital insurance provider has developed a technology stack for multi-family properties with the aim of assisting landlords and condo owners associations seeking insurance
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
LeO Team

Insurtech company LeO completes $5 million Seed round

28.11.21|James Spiro
The round was led by iAngels and Menara Ventures, which will help the company expand its activities in the U.S. market
ג'ד אלפרט דניאל בנג'מין Parametrix

Insurtech startup Parametrix adds four new members to executive team

The Israeli company has named Liran Bouskila as CFO, Jed Alpert as CMO, Sharon Haran as VP Europe, and Daniel Benjamin as VP Insurance
מייסדי Vesttoo

Insurtech startup Vesttoo raises $15 million Series B at $300 million valuation

The funding, which comes just three months after a $6 million Series A round, will drive expansion of Vesttoo’s Insurance-Linked Program (ILP) offering, a security-based investment portfolio, as well as its fully digital marketplace for insurance-based risk transfer and investments
מלמעלה: מייסדי למונייד שי וינינגר ו דניאל שרייבר

Lemonade boosts auto insurance offering with $500 million acquisition of Metromile

The Israeli-founded insurtech company is turning its focus to car insurance after initially highlighting home and pet insurance