InsurTech Israel facilitate entry into Israel’s innovation ecosystem, as official or unofficial representatives. Assessing market opportunities, facilitating PoCs, creating effective interfaces with local start-ups, and providing thought leadership. We know the local ecosystem and all the key players.

Example bespoke services 

  • Innovation strategy – Defining, validating innovation vision, strategy and roadmap; Support selecting operating models per geography and market
  • Accelerating Open Innovation – Segmenting and analyzing the market; Generating deal flow; Assessing technology requirements and suggesting fit
  • Scouting & Startup appraisals – Assessing go-to-market strategy, business model and value proposition; Synergy assessments for specific insurers; Offering ‘gold standard’ seal of approval regarding compliance with relevant laws and regulations
  • PoC management – Facilitating day-to-day execution of commercialization projects; Designing and leading PoCs and scale-up pilots; Independent representation to group BUs 
  • Launching innovation labs – Assessing potential and facilitating creation of innovation labs or related programs for global insurers
  • Introductions/assistance with local regulatory bodies and processes, where relevant 

Insuretech Israel help entrepreneurs to define their value proposition, understand their product’s destination workflow, assess possible business use cases and analyse their target markets.  Example services:

  • Destination workflow – Generating use cases; Understanding insurance processes 
  • Defining value – Helping to shape the story for investor presentations & refine business models
  • Go to market strategy
  • Creating business opportunities in US/UK/EU/Africa/Asia  
  • Business model assessment – Assessing product-market fit; Defining reimbursement options
  • Compliance health-check – Evaluating readiness to do business in US/UK/EU/ (eg GDPR compliance)
  • Connections to our vast global network as well as the regulators EIOPA ,BAF, etc