Japan’s second-largest commercial insurance provider, Sompo, is to use the AI-based risk analytics from Israel’s Planck Resolution, to help automate some of Sompo’s underwriting processes. Planck uses public records, online images, videos, reviews etc., to generate risk-related insights. https://www.timesofisrael.com/japanese-firm-taps-israeli-ai-startup-to-automate-commercial-insurance/

Nayax raised $430 million; SimilarWeb raised $165 million; Lili raised $55 million; Stampli raised $50 million; SpliSense raised $28.5 million; VisibleRisk raised $25 million; Cycode raised $20 million; Planck Resolution raised $20 million; UltraSight raised $13 million; Nimble raised $10 … Continue reading →

Latest funding includes: TuneFork raised $1.5 million; Nanox raised $20 million; Upstream Security raised $32 million; Planck Resolution raised $16 million; Binah.ai raised $13.5 million; Alpha Tau raised $26 million; Opora.io raised $7 million.

A subsidiary of Warren Buffet’s Berkshire Hathaway, Guard Insurance, has partnered with Israeli startup Planck Resolution to develop a full digital underwriting offering. Planck develops software that helps insurance companies analyze and risk-assess businesses. https://www.calcalistech.com/ctech/articles/0,7340,L-3758012,00.html