The Israeli InsurTech Accelerator program has emerged as a transformative force, driving innovation and propelling the growth of startups within the country. It has established Israel as a thriving hub for InsurTech, with nearly 200 active startups and an impressive lineup of six unicorn companies. This accelerator program has not only fostered an environment of innovation but has also facilitated
Insurtech startup QuoteWell has emerged from stealth mode, unveiling its “innovative” approach to the insurance industry. Led by CEO and Founder Joey Bouchard, the company aims to address the underserved segment of the insurance industry while leveraging the power of technology. QuoteWell’s unique semi-automated approach combines human expertise with advanced technological solutions, promising to streamline processes and deliver exceptional outcomes.
The United States has a large and intricate insurance system that plays a crucial role in safeguarding individuals and businesses from various risks. However, insurance policies, especially those relating to health and property insurance, have become notorious for their complexity. In response to these challenges, insurtech firms are utilizing advanced data analytics and artificial intelligence (AI) to simplify insurance plans,
Cutting-edge travel insurance provider battleface has announced an exciting new partnership with Stella Insurance, an Australian company created by and for women. This strategic collaboration aims to revolutionize the travel insurance industry by offering a customizable and seamless travel experience through battleface’s modular API functionality and Stella Insurance’s innovative digital approach. Strategic Collaboration The partnership between battleface and Stella Insurance
Leading insurance core technology provider Socotra, in collaboration with eight members of its Partner Network, is set to host a unique networking event at this year’s InsureTech Connect conference in Las Vegas, Nevada. The event, titled Insurtech on Tap, aims to foster communication, camaraderie, and creativity among the finest minds in insurance and technology. Insurtech on Tap Taking place on
Canopy Connect, a leading provider of insurance data verification solutions, has recently concluded a successful Series A funding round, raising an impressive $6.5 million. The funding was led by Naut Ventures, with participation from notable investors such as Elefund, Nimble Partners, LocalGlobe, 9Yards Capital, and Global FinTech Venture Partners. This significant investment marks a pivotal moment for Canopy Connect as
In a significant leap towards revolutionizing the Indian insurance industry, Plum, a leading InsurTech platform, has unveiled its groundbreaking digital-first solution called “e-imburse”. This innovative platform aims to simplify and expedite the reimbursement claims process, promising to cut down the average time from 7 days to just one hour. With its user-friendly interface and robust security features, ‘e-imburse’ sets a
DGTAL, a Software-as-a-Service (SaaS) platform known for providing cutting-edge artificial intelligence (AI) solutions for insurance portfolios, has announced the launch of its latest tool, GRABBER. Designed as an Intelligent Document Processing tool, GRABBER aims to revolutionize data understanding, extraction, and validation. Leveraging the power of optical character recognition (OCR), natural language processing (NLP), computer vision, machine learning (ML), and AI,
CoverForce, an innovative InsurTech company, has made waves in the insurance industry with its dynamic suite of products tailored for agency networks, wholesalers, and software firms. The company’s objective is to digitize the traditionally offline insurance market, offering swift and accurate insurance comparisons and purchases with just a single click. In this article, we will explore how CoverForce is revolutionizing
The Israeli InsurTech Accelerator has recently released a report showcasing the significant impact it has made on the insurance technology sector since its inception. With five cohorts of Israeli InsurTech start-ups, this program has played a crucial role in shaping the InsurTech landscape. Israel has emerged as a prominent figure in the global InsurTech arena, with its vibrant FinTech ecosystem
Boost Insurance, a leading digital insurtech provider, has unveiled its latest product, Boost Re, adding an innovative dimension to its insurance-as-a-service stack. This revolutionary offering, described as a turnkey captive-as-a-service solution, is specifically designed for managing general agents (MGAs), InsurTech firms, and providers of embedded insurance. With Boost Re, partners can streamline and enhance their insurance operations, all while reducing
Mia-Platform, a leading end-to-end platform builder and insurtech specialist based in London, has announced the launch of their highly anticipated Open Insurance Hub. This innovative platform aims to facilitate the seamless integration of digital services into the insurance ecosystem, paving the way for insurers and financial institutions to expand their product offerings, enhance customer experience, foster new partnerships, and embrace
