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24/7
Headlines
12:57
CTech’s Book Review: Taking a generalist approach to today’s changing world
12:51
“We anticipate an improvement in the number of IPOs in 2025, as well as an increase in M&As”
11:16
Israeli tech’s top 10 funding rounds of 2024: Wiz sets another record
08:58
Israel will "experience a 'baby boom' of innovation" in 2025, says RUNI Ventures
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1
Four months after Intel shut it down, Ignite relaunches as an independent accelerator
2
Boomi acquires Israeli data management startup Rivery in $100M deal
3
Israel launches its first domestically built quantum computer
4
Chainalysis acquires Israeli blockchain security startup Hexagate in $60M deal
5
“I foresee one of the best decades in the history of the State of Israel”
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Insurance
20 stories about Insurance
“Israel’s economy is remarkable. When we emerge from the crisis, we will experience a positive explosion”
18.06.24
|
Maayan Manela
Ronen Agassi, CEO of Migdal Group Insurance and Finance was speaking during Calcalist and Migdal's Investment and Finance conference
"For Americans, Faye has become part of their passport"
13.05.24
|
Sophie Shulman
Insurtech company Faye is disrupting the American travel insurance world, which has only begun to wake up in recent years. Founders Elad Schaffer and Daniel Green say that comparisons to other insurtech companies like Lemonade are inaccurate: "We have an opportunity to innovate in a market that hasn't seen innovation in years”
JVP partners with global insurance leaders to launch international initiative boosting AI technologies in insurtech and climatetech
03.05.24
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CTech
Hundreds of startups, investors, global insurance industry leaders, bankers, and international tech leaders came together at JVP's annual meeting in NYC, showcasing a robust testament to international partnership and support for Israeli innovation
After sealing first deal in Israel, Jared Kushner sets sights on Phoenix Agencies
07.09.23
|
Golan Hazani
Phoenix Holdings is trying to bring in a partner to Phoenix Agencies, valued at more than a billion dollars. Jared Kushner's Affinity Partners is in advanced negotiations to purchase a quarter of the company
Jared Kushner's Saudi-funded firm to invest in Israel's Phoenix Insurance
29.08.23
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Golan Hazani
Kushner's Affinity Partners is planning to acquire a 25% stake in Phoenix Insurance Agencies at a valuation of $1 billion. The process in being led by Jefferies and also includes Vitruvian Partners and Pollen Street Capital
Abu Dhabi state fund’s bid to acquire Israel’s largest insurance company Phoenix fall through
23.07.23
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Golan Hazani
The Phoenix announced that due to regulatory concerns the parties agreed to terminate the term sheet to purchase 25% for approximately $640 million
Insurers need to reconcile their desire for automation with their slow adoption of tech
20.06.23
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Dror Pockard
Modernizing insurance operations can make insurers’ pricing models agile, coordinate efforts across lines of business such as pricing, rating, and underwriting, and aid planning
Capitola secures $15.6 million Series A for marketplace for commercial insurance
17.04.23
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Ariela Karmel
Led by Munich Re Ventures, this round will be used to grow Capitola’s platform with an emphasis on its market intelligence capabilities
World’s largest reinsurer to insure Israeli startup’s algorithm
18.01.23
|
CTech
Israeli company FUGU has created a solution designed to deal with complex e-commerce frauds and has insured it through Munich Re
Phoenix EVP: “Israeli innovation is the best there is”
30.11.22
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Almog Azar
"We are committed to constant improvement in order to continue to lead in an era where customers expect a Spotify and Amazon experience," added Ron Shvili, Phoenix Holdings EVP technology, IT and innovation
Will insurance digitalization introduce a new social platform?
23.11.22
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Ilan Buganim
Ilan Buganim, chief technology and information officer at Sapiens, explains how social media accelerates insurance digitalization
Fintech startup Vesttoo raises $80 million at $1 billion valuation
25.10.22
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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
"In 2023 weSure will have premiums of more than a billion dollars"
06.10.22
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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
Novidea to provide insurance giant Gallagher with insurance management platform
01.09.22
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CTech
The deal is expected to generate tens of millions of dollars in revenue for the Israeli startup
Natural disasters are increasing - time to leverage the potential of tech for insurance
07.08.22
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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
Kissterra raises $10 million from Poalim Equity to improve insurance marketing and distribution
16.05.22
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Meir Orbach
The Israeli startup develops a cloud-based operating system for managing the digital marketing and distribution of insurance companies
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
Sayata expands senior management with two new hires
24.02.22
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James Spiro
Maayan Sanderovitz Eshed is its new VP of Operations in Tel Aviv and Upasana Unni was appointed Chief Commercial Officer in Boston
Israeli startup GEOX to assess damage to millions of Japanese buildings for insurance giant Sompo
16.02.22
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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
Five Sigma expands team with four new appointments
24.01.22
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CTech
The insurtech startup appointed a new CMO, COO, VP of HR, and VP of Product
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