Top Insurtech Companies in Israel

The company focuses on bridging global insurance markets with capital markets, enhancing transparency and efficiency for all participants. They leverage AI-powered technology and data science to provide multi-line, multi-peril coverage, creating opportunities for both insurers and investors.

Connected Insurance is at the forefront of the insurtech revolution, specializing in data-driven insurance and risk management solutions tailored for the evolving Mobility-As-A-Service market. Their advanced AI and machine learning technologies enhance risk management and fraud detection, offering innovative approaches to contextual insurance in the mobility sector.

The company, iCapital, offers comprehensive automated solutions for insurance agencies, financial brokers, and banks, facilitating the online sale of financial products. With the rapid digitalization of the insurance industry, iCapital provides advanced tools that help insurance companies adapt to this transformation, aligning with the growing trend of delivering services through online channels.

Remitrix operates at the forefront of the InsurTech sector, offering a comprehensive platform that enhances actuarial and financial modeling. With a focus on compliance with key regulations like Solvency II and IFRS 17, Remitrix's cloud-based products provide valuable insights into risk management for insurance companies.

Earnix offers an AI-driven Enterprise Rating Engine that enhances underwriting, pricing, and customer engagement, making it a key player in the insurtech space. Their solutions, like Price-It and Underwrite-It, enable faster market responsiveness and more agile decision-making, addressing traditional challenges in the insurance industry.

Cyberwrite's technology empowers customers to mitigate cyber risks and enhances data-driven underwriting decisions for cyber insurance. Their platform offers valuable insights into cyber threats, enabling brokers to effectively communicate risks to clients and assist them in securing appropriate coverage.

Demandoo specializes in innovative digital on-demand usage-based insurance solutions tailored for the mobility, gig, and shared economy sectors. Their approach combines advanced technology and proprietary AI to create dynamic insurance products that enhance decision-making and meet local market needs.

InsFocus Systems specializes in advanced business intelligence solutions tailored for the insurance industry. Their expertise in analytics enhances various aspects of insurance operations, making it a valuable resource for insurtech developments.

Urbanico provides property and casualty insurance carriers with advanced insights into urban risks, enhancing their ability to assess and mitigate risk through improved actuarial models and refined risk selection. Their technology integrates billions of real-time data points, offering a comprehensive understanding of urban risk factors that can transform insurance practices.

Upstream provides a cloud-based data platform that empowers insurers to implement effective telematics-based insurance. Their solution eliminates the need for in-vehicle hardware, utilizing advanced data analytics and insurance-specific applications to offer actionable insights and enhance the insurance process.