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Insurtech

20 stories about Insurtech
SOMPO Planck

Israel’s Planck partners with Japanese insurance company Sompo

13.09.21|James Spiro
The partnership will represent the insurtech company’s entrance into the Japanese market
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
מנהל שותף ב אנטרי קפיטל אביעד אייל

Entrée Capital invests around $15 million in UAE startups

29.08.21|Meir Orbach
Over the past year, the fund invested in four startups that solve problems in the fields of insurtech (Hala), fintech (Tarabut), and two additional companies that have yet to be revealed
שחף שקוף

Hippo opens innovation center in Israel

26.08.21|Daniel Farber-Ball
The insurtech company appointed Shahaf Shakuf to head the new venture, which will serve as Hippo’s first international office
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become the poster boy for everything that is problematic with SPACs, with 83% of the capital raised by its SPAC being withdrawn prior to the IPO and disappointing reports leading to a dramatic drop in its stock price
Insurtech illustration

Insurtech startup Vesttoo raises $6 million led by Hanaco

08.08.21|CTech
The Israeli company's latest round comes just four months after it raised $2 million from the Sure-Tech R&D partnership
אסף וונד מנכ"ל היפו hippo

Hippo loses $192 million in funding right before SPAC merger, keeps $5 billion valuation

03.08.21|Sophie Shulman
The insurtech company, which begins trading on Wall Street Tuesday, lost a third of the capital it was planned to receive from Linkedin and Zynga founders’ SPAC as investors withdrew funds
חברת אינשורטק VOOM Insurance

VOOM names Amir Shneider as Head of Marketing

26.07.21|CTech
A former Bank Hapoalim marketing lead, he will continue to oversee the company’s product Skywatch AI drone insurance, which insures high-risk vehicles
Erel Margalit and Dan Bratshpis INSHUR

Israeli VC JVP leads $35 million funding of INSHUR

01.07.21|CTech
The INSHUR app automatically retrieves and processes relevant pricing data to finalize insurance coverage in minutes
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
מימין ניצן צעיר-הרים יוחנן דנינו אמיל וינשל

Insurtech company WeSure expanding to U.S., receives New Jersey license

07.06.21|Almog Azar
The Israeli company will be able to sell products to both individuals and businesses in NJ and intends to apply for additional licenses in other states
רועי אגאבאבא מנכ"ל Novidea

Novidea secures additional $15 million from IGP, bringing total series B to $30 million

31.05.21|James Spiro
The Insurtech company will use the funds to expand in the US and Europe
מייסדי פלאנק מימין דיוויד שפירו אמיר כהן ו אלעד צור

Ex-Salesforce execs raise an additional $20 million for insurtech startup Planck

12.05.21|Meir Orbach
The Israeli company provides an AI-based data platform for commercial insurance and works with top U.S. insurance companies to increase premiums while reducing loss and expense ratios
כרטיס אשראי ויזה פינטק

Insurtech and fintech partnership heading toward TASE offering

22.04.21|CTech
The Sure-Tech Partnership has already invested in insurtech companies Vesttoo and GEOX
אילנית אדסמן נבון שותפה KMPG סומך חייקין

“We will always have insurance, but it won’t be the insurance companies that provide it”

07.04.21|Eti Aflalo
KPMG Israel executive shares her thoughts about the dominant trends in the insurance industry with an eye to the future
מוסף 50 הסטארטאפים המבטיחים עובדי Next Insurance נקסט

Next Insurance eyeing more acquisitions after announcing $250 million funding at $4 billion valuation

31.03.21|Sophie Shulman
Next has doubled its valuation since its last round in September 2020 and plans to use the new money to make additional acquisitions after completing two purchases in the past six months
VOOM Tomer Kashi

Inside VOOM’s mission to be the ‘Lemonade for Mobility’

30.03.21|James Spiro
Its CEO believes the mobility ecosystem is changing even faster than the insurance industry - and there’s a new space to dominate
מימין מנהל השקעות ראשי קבוצת הפניקס חגי שרייבר ו אלעד גבעוני

Are Israel’s institutional investors late to the tech investment party?

24.03.21|Golan Hazani
Senior executives at The Phoenix explain their strategy when it comes to investments in private companies and admit they missed the insurtech craze
חברת נקסט אינשורנס קומפלקס O-TECH כפר סבא

Next Insurance partners with Amazon Business to expand its user base

17.03.21|CTech
“We believe the future of the insurance buying experience involves meeting customers where they already are,” says CEO Guy Goldstein
פרויקט הסטארטאפים 2019 Next Insurance אלון חורי ו נסים טפירו

Next Insurance to acquire AP Intego in a potential $500 million deal

03.03.21|Sophie Shulman
The Israeli-founded company will increase its SMB customer base to 200,000 and employee headcount to 550
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