{"id":18449,"date":"2024-11-05T13:13:42","date_gmt":"2024-11-05T18:13:42","guid":{"rendered":"https:\/\/www.resourcepro.com\/?p=18449"},"modified":"2025-11-05T11:44:33","modified_gmt":"2025-11-05T16:44:33","slug":"insurtech-israel-transforming-insurance","status":"publish","type":"post","link":"https:\/\/www.resourcepro.com\/blogs\/insurtech-israel-transforming-insurance\/","title":{"rendered":"How ReSource Pro and InsurTech Israel are transforming insurance"},"content":{"rendered":"<p>Mark Breading, Senior Partner at ReSource Pro, joined Yale Benvenisti of InsurTech Israel to discuss the current state of partnerships in insurance, and where insurtech fits in. Their biggest focus? How collaborations between insurtech innovators and established players are reshaping the global insurance landscape.<\/p>\n<p><!--more--><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-18450 size-large\" src=\"https:\/\/www.resourcepro.com\/wp-content\/uploads\/2024\/11\/Header-Blog-MarkBreadingInsurTechIsrael-1124-1024x536.png\" alt=\"Mark Breading on insurtech: Innovation, automation, and AI for insurance\" width=\"1024\" height=\"536\" srcset=\"https:\/\/www.resourcepro.com\/wp-content\/uploads\/2024\/11\/Header-Blog-MarkBreadingInsurTechIsrael-1124-1024x536.png 1024w, https:\/\/www.resourcepro.com\/wp-content\/uploads\/2024\/11\/Header-Blog-MarkBreadingInsurTechIsrael-1124-300x157.png 300w, https:\/\/www.resourcepro.com\/wp-content\/uploads\/2024\/11\/Header-Blog-MarkBreadingInsurTechIsrael-1124-768x402.png 768w, https:\/\/www.resourcepro.com\/wp-content\/uploads\/2024\/11\/Header-Blog-MarkBreadingInsurTechIsrael-1124.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p>InsurTech Israel, with its investments and accelerators, drives innovation, while ReSource Pro contributes operational expertise and technology integration.<\/p>\n<h2><strong>Insurtech\u2019s shift toward partnership<\/strong><\/h2>\n<p>The insurance industry is at a key turning point, with insurtech helping to address gaps in coverage and tackle emerging risks. The focus has shifted from disruption to collaboration, with startups now seen as essential partners in enhancing efficiency and fostering growth.<\/p>\n<blockquote><p>\u201cInsurtech has evolved from disruption to partnership. These startups now play a vital role in helping the industry grow and improve.\u201d<\/p>\n<p>-Mark Breading<\/p><\/blockquote>\n<h2><strong>Where AI and automation fit into operational improvements<\/strong><\/h2>\n<p>There\u2019s no point in automating a bad process. While <a href=\"https:\/\/www.resourcepro.com\/blog\/understanding-robotic-process-automation-in-insurance\/\">robotic process automation<\/a> and AI are powerful tools when it comes to improving efficiency, people must be at the center. Even with more advanced AI tools, these are complex insurance processes. Only human expertise can ensure they are managed appropriately.<\/p>\n<blockquote><p>\u201cBy blending automation with human judgment, we support our clients in improving efficiency without compromising the quality of complex processes.\u201d<\/p>\n<p>-Mark Breading<\/p><\/blockquote>\n<p><em>Related: <a href=\"https:\/\/www.resourcepro.com\/blog\/how-to-assess-your-organizations-automation-readiness\/\" target=\"_blank\" rel=\"noopener\">How To Assess Your Organization\u2019s Automation Readiness<\/a><\/em><\/p>\n<h2><strong>Partnerships between insurtechs and established service providers<\/strong><\/h2>\n<p>While some may see <a href=\"https:\/\/www.resourcepro.com\/blog\/insurtech-insights-2024-the-human-side-of-insurtech\/\" target=\"_blank\" rel=\"noopener\">the rise of insurtechs<\/a> as a threat to established service providers, there are many more opportunities for partnership than competition. ReSource Pro integrates insurtech to round out and tech-enable services to clients. This involves integrating the technology into an end solution that solves pain points, handling change management to ensure the processes are adapted and followed, and any training required. The end result is a benefit to all.<\/p>\n<blockquote><p>\u201cWe&#8217;re not taking a software solution to the market and selling software. We&#8217;re delivering services to support the key operations of our clients, and we&#8217;re partnering with key tech companies support this human-in-the-loop model.\u201d<\/p>\n<p>-Mark Breading<\/p><\/blockquote>\n<h2><strong>Advice for insurtech startups<\/strong><\/h2>\n<p>Insurtech startups should focus on building world-class, purpose-built products that address specific insurance needs. A deep understanding of the industry\u2019s unique challenges and language is crucial for long-term success.<\/p>\n<blockquote><p>\u201cThe most successful startups focus on creating solutions for specific industry problems, not just building brands.\u201d<\/p>\n<p>-Mark Breading<\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<p>Watch the full conversation: <a href=\"https:\/\/www.youtube.com\/watch?v=cYSu4azOrCI\" target=\"_blank\" rel=\"noopener\">Click here to view<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mark Breading, Senior Partner at ReSource Pro, joined Yale Benvenisti of InsurTech Israel to discuss the current state of partnerships in insurance, and where insurtech fits in. Their biggest focus? How collaborations between insurtech innovators and established players are reshaping the global insurance landscape.<\/p>\n","protected":false},"author":6,"featured_media":18451,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"news-category":[],"insurance-segment":[27,28,62,29],"services":[30,31],"type-of-content":[38],"resource-type":[67],"class_list":["post-18449","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","insurance-segment-carrier","insurance-segment-mga-wholesale","insurance-segment-other","insurance-segment-retail","services-strategy","services-technology","type-of-content-blogs","resource-type-blog"],"acf":[],"publishpress_future_action":{"enabled":false,"date":"2026-04-19 15:44:21","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.resourcepro.com\/wp-json\/wp\/v2\/posts\/18449","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.resourcepro.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.resourcepro.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.resourcepro.com\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.resourcepro.com\/wp-json\/wp\/v2\/comments?post=18449"}],"version-history":[{"count":3,"href":"https:\/\/www.resourcepro.com\/wp-json\/wp\/v2\/posts\/18449\/revisions"}],"predecessor-version":[{"id":18808,"href":"https:\/\/www.resourcepro.com\/wp-json\/wp\/v2\/posts\/18449\/revisions\/18808"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.resourcepro.com\/wp-json\/wp\/v2\/media\/18451"}],"wp:attachment":[{"href":"https:\/\/www.resourcepro.com\/wp-json\/wp\/v2\/media?parent=18449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.resourcepro.com\/wp-json\/wp\/v2\/categories?post=18449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.resourcepro.com\/wp-json\/wp\/v2\/tags?post=18449"},{"taxonomy":"news-category","embeddable":true,"href":"https:\/\/www.resourcepro.com\/wp-json\/wp\/v2\/news-category?post=18449"},{"taxonomy":"insurance-segment","embeddable":true,"href":"https:\/\/www.resourcepro.com\/wp-json\/wp\/v2\/insurance-segment?post=18449"},{"taxonomy":"services","embeddable":true,"href":"https:\/\/www.resourcepro.com\/wp-json\/wp\/v2\/services?post=18449"},{"taxonomy":"type-of-content","embeddable":true,"href":"https:\/\/www.resourcepro.com\/wp-json\/wp\/v2\/type-of-content?post=18449"},{"taxonomy":"resource-type","embeddable":true,"href":"https:\/\/www.resourcepro.com\/wp-json\/wp\/v2\/resource-type?post=18449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}