Ledgertech, Cellcom, and Menora Mivtachim Partner to Launch First Automated Digital Embedded Travel Insurance Solution
Ledgertech, Cellcom, and Menora Mivtachim Partner to Launch First Automated Digital Embedded Travel Insurance Solution
Ledgertech, an innovative insurtech company that has developed an advanced digital platform for creating embedded insurance products using cutting-edge technology, has partnered with Cellcom, a prominent telecommunications company, and Menora Mivtachim Group, a trusted insurance provider, to introduce a groundbreaking travel insurance product.

Cellcom customers and their families can now benefit from seamless digital travel insurance coverage while traveling abroad, effortlessly activated through their mobile devices on every trip.

The collaboration between Ledgertech, Cellcom, and Menora Mivtachim brings together expertise from multiple industries to address the evolving needs and challenges travelers face. By leveraging their respective strengths, the companies have created a unique and customer-centric insurance product that will redefine the way people protect themselves while traveling.  

Menora Mivtachim has stated that this insurance product is based on an annual policy, allowing customers to submit a single health declaration per year, providing coverage for multiple trips throughout the year. With high flexibility and easy adjustability, customers can conveniently manage and expand their policy through mobile devices, ensuring utmost convenience. Say good-bye to the hassle of filling out forms before each trip, as this exclusive digital policy, in partnership with Cellcom and Ledgertech, aims to streamline the process, reducing bureaucracy and enabling travelers to focus on their vacations.

Michael Kalman, CEO of Menora Mivtachim Insurance, commented on the new service: ‘We are pleased with the unique cooperation with Cellcom, one of Israel’s leading telecommunications organizations, and Ledgertech, a digital insurance technology company. For the first time in Israel, Cellcom customers will benefit from a unique and innovative digital policy, which is automatically activated on every flight through their mobile devices. Moreover, customers will have the ability to easily adjust and expand insurance coverage in a user-friendly mobile format. We, at Menora Mivtachim, take great pride in offering new and innovative solutions, firmly believing in the power of collaboration. It is through working together that we can create mutually beneficial solutions for all members of the ecosystem and, most importantly, our valued customers.”

Eran Tirer, CEO of Ledgertech, added: “We are proud to introduce the Ledgertech Low code/No code insurtech platform, empowering our customers to rapidly create new digital embedded insurance products in just a matter of days or weeks. This groundbreaking platform enables clients to conveniently buy insurance exactly when and where they need it. This announcement of Cellcom and Menora Mivtachim Group is a paradigm shift in the way insurance products are being created, distributed and consumed, bringing innovation and customer service to a whole new level”. 

Dafna Agassi, VP of Marketing at Cellcom, shared, “Partnerships play a vital role in our industry, fueling innovation and transformation. The Ledgertech digital insurtech platform has empowered us to provide our customers with a unique embedded travel insurance product that is reliable, user-friendly, and offers maximum protection. It also saves them significant time and eliminates unnecessary bureaucracy when traveling abroad.”

About Ledgertech:
A digital insurance technology company providing a Low code/No code Insurtech platform for Embedded Insurance and MGA As A Service (MAAS) that allows to create new insurance products in days rather than months or years, and take advantage of company’s partner eco-systems of technology, data, capacity, and fronting providers. The Ledgertech platform can be used for any insurance use case including Embedded and Specialty insurance. 

About Cellcom Israel Ltd

Established in 1994, is a leading Israeli communications group, providing a wide range of communications services. Cellcom Israel is the largest Israeli cellular provider, providing its cellular subscribers with a broad range of services including cellular telephony, roaming services, text and multimedia messaging, advanced cellular and data services and other value-added services in the areas of mobile office, data protection etc., based on Cellcom Israel’s technologically advanced infrastructure. The Company operates advanced networks enabling high-speed broadband and advanced multimedia services. 

About Menora Mivtachim Group

Menora Mivtachim is one of the five leading insurance and financial groups in Israel, managing assets amounting to some NIS 250 billion ($80 billion). The group specializes in asset management, manages the country’s largest pension fund (New Mivtachim), and is the largest general insurer in Israel. Through its subsidiaries, Menora Mivtachim is also active in all sectors related to life insurance, health insurance, long/mid/short-term savings, and the financial world – mutual fund management, financial portfolio management, underwriting, international real estate investments, and more.

Source: LedgerTech

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