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Connected Insurance
Tel-Aviv, Israel
B
1-10 Employees
2019
Key takeaway
Connected Insurance is revolutionizing commercial insurance by providing innovative, data-driven risk management solutions tailored for the Mobility-As-A-Service (MaaS) sector. Their advanced AI technology enhances control and insights into risk, making it particularly relevant for dynamic digital mobility markets.
Reference
Core business
Home | Connected Insurance
Data-driven INSURANCE for the MOBILITY of the FUTURE Explore transparent insurance Linkedin Envelope Connected Insurance is leading the digital revolution in the mobility space. We specialize in developing innovative, data-driven insurance and risk management solutions for thedynamic DIGITAL Mobility market. With the advent of Mobility-As-A-Service, connected fleets, smart vehicles, and autonomous vehicles, our cutting-edge technology is […]
Vesttoo
Tel-Aviv, Israel
B
11-50 Employees
2018
Key takeaway
The company specializes in connecting global insurance markets with capital markets, enhancing transparency and efficiency. They offer multi-line, multi-peril coverage, which is essential for addressing a wide range of exposures in commercial insurance.
Reference
Core business
Vesttoo - Home
We connect the insurance industry and the capital markets by combining proprietary AI-powered technology with expertise in data science, insurance and finance so that insurers have the capacity they need and investors have opportunities to diversify with confidence.
InsFocus Systems
Drom HaSharon Regional Council, Israel
B
1-10 Employees
2004
Key takeaway
InsFocus Systems specializes in advanced business intelligence solutions tailored for the insurance industry. Their expertise in analytics enhances various aspects of insurance operations, including underwriting and actuarial work, making it particularly relevant for commercial insurance.
Reference
Core business
InsFocus - Insurance Analytics & Reporting Suite
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Cyberwrite
Tel-Aviv, Israel
B
11-50 Employees
2017
Key takeaway
Cyberwrite's technology is instrumental in helping customers assess and manage their cyber risk, which is crucial for informed underwriting decisions in the commercial insurance sector. Their platform provides valuable insights and reports that empower brokers and clients to understand and mitigate cyber threats effectively, enhancing confidence in purchasing cyber insurance.
Reference
Core business
Cyberwrite - About Us
Since 2017, Cyberwrite provides cyber insurance policies and technology to businesses worldwide as well as our patented cyber risk underwriting solutions to the world's leading insurance and reinsurance companies
RemitRix
Ramat Gan, Israel
B
1-10 Employees
2017
Key takeaway
Remitrix is a leading InsurTech and RegTech company that provides a comprehensive platform for commercial insurance, enabling effective risk management and regulatory compliance through its cloud-based products. With a strong focus on actuarial and financial modeling, Remitrix equips insurance professionals with the tools to create compliant policies and manage internal models efficiently.
Reference
Core business
Risk Management, Actuarial & Accounting SaaS platform for Insurance Companies | RemitRix
Medintec
Drom HaSharon Regional Council, Israel
B
11-50 Employees
2000
Key takeaway
Medintec offers specialized services in medical claims processing and bill auditing, utilizing artificial intelligence to enhance efficiency for insurance companies and TPAs. Their innovative approach, particularly through the MedinClaim platform, streamlines operations and improves reporting capabilities.
Reference
Service
Services – Medintec
Demandoo Insurance
Tel-Aviv, Israel
B
1-10 Employees
2019
Key takeaway
Demandoo specializes in digital on-demand usage-based insurance solutions tailored for the mobility, gig, and shared economy sectors. Their innovative approach leverages advanced technology and data to create dynamic insurance products that meet the unique needs of these markets.
Reference
Product
On-Demand Insurance Solutions for Gig Workers, New Mobility and Digital Platforms – Demandoo
Five Sigma
Tel-Aviv, Israel
B
11-50 Employees
2017
Key takeaway
Five Sigma offers a cloud-native claims management platform designed to streamline the claims process for insurers, including those in the bicycle insurance sector. Their data-driven solution enables claims adjusters to make informed decisions, resulting in faster and more accurate settlements.
Reference
Product
Bicycle Insurance Claims Management Solution | Five Sigma
Five Sigma’s intelligent cloud-native claims management platform empowers insurers to optimize their bicycle insurance claims management process from end to end.
DavidShield Israel
Netanya, Israel
B
- Employees
-
Key takeaway
PassportCard stands out in the insurance industry by offering real-time payouts and eliminating out-of-pocket expenses and lengthy claims processes. This innovative approach has positioned PassportCard as a leader in expat health and travel insurance, providing customers with immediate coverage when emergencies arise.
Reference
Core business
Travel
iCapital Ltd.
Tel-Aviv, Israel
B
1-10 Employees
2016
Key takeaway
The company offers comprehensive automated solutions for insurance agencies, financial brokers, and banks, including an online platform for selling financial products. This aligns with the growing trend of digitalization in the insurance industry, which is expected to enhance direct customer engagement.
Reference
Product
Insurance companies – iCapital
Digitalization and introduction of online services are rapidly disrupting the worldwide insurance industry. McKinsey estimates that by 2022 more than 35% of the insurance services will be delivered through online channels engaging directly with the customers. iCapital has developed a set of advanced and transformative tools that enable insurance companies from all over the world to
Technologies which have been searched by others and may be interesting for you:
When exploring the Commercial Insurance industry in Israel, several key factors should be considered. The regulatory framework is notably influenced by the Insurance Supervision Law, which mandates strict compliance to ensure consumer protection and maintain market stability. Companies must navigate challenges such as a relatively small market size and intense competition among local and international insurers. Opportunities exist in niche markets, particularly in technology and cyber insurance, as Israel is known for its robust tech sector. Environmental concerns, including climate change and natural disasters, are increasingly shaping insurance products and risk assessments. The competitive landscape is characterized by both established players and new entrants, fostering innovation in service delivery and product offerings. Additionally, the global relevance of Israel's commercial insurance market is growing, driven by its unique geopolitical position and advancements in various industries, including technology and healthcare. Understanding these dynamics is essential for anyone considering entering or investing in this sector.
Some interesting numbers and facts about your company results for Commercial Insurance
Country with most fitting companies | Israel |
Amount of fitting manufacturers | 17 |
Amount of suitable service providers | 3 |
Average amount of employees | 11-50 |
Oldest suiting company | 2000 |
Youngest suiting company | 2019 |
Some interesting questions that has been asked about the results you have just received for Commercial Insurance
What are related technologies to Commercial Insurance?
Based on our calculations related technologies to Commercial Insurance are Education, Engineering Services, IT & Technology Services, Healthcare Services, Consulting
Which industries are mostly working on Commercial Insurance?
The most represented industries which are working in Commercial Insurance are Finance and Insurance, IT, Software and Services, Other, Biotechnology, Healthcare
How does ensun find these Commercial Insurance Companies?
ensun uses an advanced search and ranking system capable of sifting through millions of companies and hundreds of millions of products and services to identify suitable matches. This is achieved by leveraging cutting-edge technologies, including Artificial Intelligence.