Fertility & IVF Treatments
Complimentary Alternative Medicine
Outbound Medical Tourism
We are a group of insurance industry veterans joined together by the vision of providing insurtech services for a $75 billion market of vital medical insurance not currently covered by existing policies.
Our Artificial Intelligence (AI) technologies are capable of performing: underwriting, policy creation and claims. This unique system provides an exceptional 21st century digital customer experience, shortening underwriting and simplifying the claims administration and payment processing for all services covered by InsurMedix.
We are focusing on Fertility & IVF insurance products to be offered in the U.S. and expanded globally in the coming year.
1 out 8 women and 1 out of 10 men in the USA are likely to need fertility treatment services and will have to spend on average between $40,000-$60,000 for treatment cycles.
InsurMedix introduces a new standard of medical care coverage for the families and individuals in need of coverage for these costs.
A unique religious affinity groups coverage, designed specifically for members of the Jewish, LDS (Mormon), Catholic, and Evangelical communities.
Our policies are tailored to meet the specific needs of members, offering comprehensive coverage that aligns with the values and beliefs of each respective community.
Targeting married couples between the ages of 18-35.
Only 42% of large US employers (with over 20,000 staff members) provide some coverage for IVF treatment, with nearly 19% offering coverage for egg freezing. For smaller companies, the numbers are even lower, with only about 27% providing limited IVF coverage.
To address this gap, InsurMedix is introducing a comprehensive solution, integrating full TPA (Third Party Administrator) services that handle all the organizational and administrative tasks related to Self-Administered Health Benefit Plans with fertility clinics including hedging the employer’s risk. We are providing a complete financial solution for all fertility-related treatments, including IVF along with additional fertility related benefits targeting young couples between 18-45.
Irrespective of company size, our goal is to make fertility treatments more accessible and affordable for all.
A born digital insurance platform using advanced algorithms, AI, machine learning, and a state of the art interface.
Co-Founder, Executive Chairman
Moni brings with him over three decades of leading innovative healthcare initiatives. Before InsureMedix, Moni founded and was President of Archimedicx Ltd., an online marketplace for medical treatments. Before that, he built hospitals and health insurance programs across Europe, established the Derech Insurance Agency, one of Israel's largest life insurance agencies, and was Managing Director of the Shomera Insurance Company. Moni holds a B.Sc. in Economics and Business Administration from the Hebrew University.
Co-Founder, Chief strategy OfficerExecutive Board member
Dima has extensive experience in investing, developing, and managing startups. As a former partner at the Citrine Capital Venture Capital fund, Dima led the investments in 29 startup companies, acting as an active director in most of them. A serial entrepreneur and angel investor himself, his mission is to partner with the best entrepreneurs and investors.
Co-Founder, Board Member Community Relations Officer
Benzy is an entrepreneur with over two decades of experience as a co-founder, CEO, Chairman, and investor in High-Tech ventures. Companies where Benzy has been active include cybersecurity companies, ventures in digital health, and mobile and internet companies. He holds an LLB from the Hebrew University.
Chief Executive Officer
Darren is an experienced Chief Executive Officer with a demonstrated history of working in the insurance industry. Darren co-founded Surance.io, a global pioneer in the cyber insurance field, where he helped build personal cyber security products for international carriers. Before that, Darren founded and served for twelve years as CEO of Canada's Restoration Services, a nationwide leader in the restoration industry. Darren holds a B.A. in Business Management from the Open University in Israel.
Senior Advisor - Insurtech
As a former founder, CEO and Board Member of Lemonade Insurance Company, Mr. Sagalow is a world-leading insurance professional who developed an unprecedented number of new products for the world’s largest insurance companies, including Cyber Insurance, Reputation Insurance, Y2K Insurance, Collectible Authenticity Insurance, and Intellectual Property Collateral Insurance. For 25 years, he served in AIG in positions that include Chief Underwriting Officer, COO for AIG eBusiness Risk Solutions, and President of Product Development for AIG General Insurance. Mr. Sagalow graduated summa cum laude from Long Island University, received his J.D. cum laude from Georgetown University Law Center, and an LLM from New York University School of Law. In addition to being a licensed attorney in New York, Mr. Sagalow is licensed as an insurance broker throughout the United States
Dr. Ilan Karavani
Advisor - CAM
Dr. Ilan Karavani
Dr. Karavani is a renowned expert in Complementary and Alternative Medicine (CAM), who wrote the book "Your Body Type," a cornerstone in CAM practice and the culmination of a 16-year Ayurveda research. Dr. Karavani is a dermatology specialist who operated one of the largest medical clinics in Antwerp, Belgium. Dr. Karavani spearheaded alternative medicine educational programs, which he taught at the Skin Academy and the TCSE. He received his M.D. and specializing in dermatology at Universiteit Antwerpen, Belgium.
Prof. Jacob Ashkenazy
Advisor - Fertility and Reproduction
Prof. Jacob Ashkenazy
Prof. Ashkenazy is a renowned international expert in fertility and reproduction, who served as the Head of Gynecology and IVF Technology in the Rabin Medical Center, and as a senior lecturer at the Sackler Faculty of Medicine of Tel Aviv University. With clinical experience spanning over thirty years, Prof. Ashkenazi has published numerous scientific studies and is a member of distinguished professional societies, including the American Association of Fertility, Israel Association of Obstetrics and Gynecology, and European Society of Human Reproduction.
Larry N. Stern, FSA, MAAA
Chief Risk Officer
Larry N. Stern, FSA, MAAA
Larry brings over 50 years of experience in the life insurance industry, having worked for direct writers and consulting firms, heading the financial reinsurance leadership. Since 2002 Larry is the owner and President of his company, Canterbury Consulting. He holds a degree in Life Insurance from Indiana University and Actuarial Science from the Kelley School of Business. Larry has written many articles for industry publications and is a frequent industry speaker.
Chief Revenue Officer
Yoni has over two decades of experience in sales operations and training, having led large scale initiatives at global fintechs. Before InsurMedix, Yoni was Director of Technical L&D at Cross River Bank and prior to that he was in Professional Services at NICE Actimize, the market leader in anti-money laundering and fraud detection software for financial and insurance institutions. He holds a Bachelors in Electronic Engineering (Summa cum Laude) from the Atlantic Technological University in Ireland, an MBA (Magna cum Laude) from Bar-Ilan University in Israel, and is a doctoral candidate at the International Telematic University in Rome.
Head of Technology Development
Uriel has over 10 years of executive experience within the High-tech industry. He is an entrepreneur and co-founder at Facio, GrowApp, and Hippo, and formerly a CTO at Harel Insurance & Finance. Uriel’s expertise is in the fields of product design, web development, and branding. He holds an M.A. in law from Bar-Ilan University.
Chief Software Architect
Lev brings with him ten years of experience leading initiatives and developing software at enterprise and startup companies. Before Insurmedix, Lev was Senior Software Engineer at the Royal Bank of Canada, Bright Machines, and Intel Corporation Israel. He holds a B.Sc in Computer Engineering From the Technion Institute of Technology and an M.Sc. in Computer Engineering from the Open University.
Executive Assistant & Chief of Staff
Orly is a Product Manager with over ten years of experience in the ﬁelds of software, IoT, mobile, and eCommerce. Orly has worked on many projects spanning industries that include leading HMOs, worldwide, cloud-based A.I. products for sports & music events, eCom platforms. She has a B.A in Business Management from Bar- Ilan University.
Head of Research
Yana has gained in-depth experience in sustainable international business development with responsibility for public and private sector clients. Directed projects with budgets from $10M to $140M for investors from EU, Middle East, CIS. Succeeded in more than 18 investment projects, including strategy design, partnership negotiations, pre-feasibility studies, fundraising. Impacted creation of the pipeline and coordinated 130+ national level investment projects. Experienced in sectors: Infrastructure & Urban Mobility, Tourism, Energy, Finance, Public-private Partnership, Sustainable Development, Foreign Direct Investments, Agriculture, Logistics, Blockchain & Web3. Yana holds a PhD in economics from Taras Shevchenko National University of Kyiv.
In-House Legal Counsel
Moshe provides legal services to the firm’s clients in the corporate, VC, high-tech, M&A, and intellectual property department with a focus on multinational commercial transactions, start-ups and managing foreign investments and family wealth in Israel. Moshe provides legal consultation to VC funds and angels investing in the Israeli start-up scene while additionally providing ongoing consultation to various Israeli and foreign companies on a variety of legal issues, including corporate governance, commercial law, technology law and labor law.Moshe is a certified mediator and sits on the Israeli Bar Associations’ Hi-Tech Board. received his LLB, at IDC Herzliya in 2012 and his LLM at Northwestern University and was admitted to the Israel Bar in 2013
Alex has extensive experience in developing companies from early stages to scale. During his carrier he was involved in the creation and resale of companies in varied fields, such as import-export, consulting, advertising, staff recruitment, and more. Alex is a partner in a group of franchised real-estate agencies from the international Engel&Völkers network. Prior to it he had an import-export company providing service to the largest mail orders companies in Europe. Past to it he worked in KPMG. Alex holds a degree in Economics from the University of Brussels (ULB)
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