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Insurtech

20 stories about Insurtech
Assured Allies co-founders

Insurtech startup Assured Allies raises $42.5 million Series B for aging and retirement platform

07.03.23|Meir Orbach
Assured Allies’ platform combines machine learning and predictive analytics to offer aging programs proven to reduce the risk of disability, and retirement products that aim to make long-term care insurance accessible and financially sustainable
Click-Ins co-founders

Click-Ins raises $7.5 million to examine damage caused to vehicles through smartphone images

05.03.23|CTech
The Israeli company’s technology allows users to quickly scan the vehicle using their smartphone camera and to create a detailed report about the vehicle's condition
אירוע הנפקת למונייד

Lemonade cuts losses, plans to raise premium prices

23.02.23|Sophie Shulman
The company’s growth rate in the fourth quarter of 2022 was 116%, but despite revenues reaching $88.4 million, Lemonade still lost $63 million in the quarter
עמרי סנדיק , יואב אורון , דן חרש מייסדי OpenEyes

Insurtech startup OpenEyes raises $18 million Series A for commercial auto insurance for fleets

15.02.23|Meir Orbach
The Israeli startup aims to offer commercial automotive insurance at lower rates by reducing the frequency and severity of traffic accidents
Yaniv Cohen Eran Ben Ezer Novidea

Novidea announces appointments of Chief Customer Officer and Chief Finance Officer

05.02.23|CTech
Yaniv Cohen joins the insurance management platform as its new CCO, with Eran Ben Ezer to serve as the CFO
FINTECH

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

26.10.22|CTech
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

01.09.22|CTech
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

01.09.22|CTech
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

24.01.22|CTech
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

20.01.22|CTech
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

19.01.22|CTech
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
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