Automating Insurance Workflows

It’s well established that the digitization of the insurance industry is continuing and that insurers looking to stay competitive should integrate cloud-native solutions into their workflows. But how should an insurer measure the success of that new technology? What’s a good key performance indicator? How should you determine the return on that investment?

To measure the value of your investment in a cloud-native agency management system, you need to answer a simple question: What’s a minute worth?

CB Insights’ 2023 Fintech 100 includes 5 Israeli companies

CB Insights’ sixth-annual Fintech 100 ranking (previously the Fintech 250) showcasing the 100 most promising private fintech companies of 2023, includes five startups with Israeli offices.

Utilizing the CB Insights platform, the research team selected these 100 winners at different stages of maturity, product development, and funding from a pool of over 19,000 private companies, including applicants and nominees.

Interview with: Erez Nissim

InsurTech Digital delves into the mind of Novidea’s Chief Technology Officer, Erez Nissim, tracing his career and life inspirations

What’s the benefit of an insurance-specific cloud platform?

An industry cloud platform is a collection of cloud-based or cloud-native solutions designed for a specific industry. Industry clouds differ from the broader, general-purpose cloud platforms like Amazon Web Services (AWS) or Microsoft Azure because they offer solutions, features, and capabilities that are customized to match the specific needs of industries such as healthcare, finance, logistics, retail, energy, agriculture and others [first published in Digital Insurance].

Novidea announces CTO (Career Moves)

Novidea, a cloud-based insurance platform, has announced Erez Nissim as its chief technology officer. Nissim, who most recently was EVP at Playtika, will lead research and development as well as product development.