AllBright is a digital-only, legacy-free, B2B, direct insurance provider supporting the full life cycle of life and health insurance policies, from onboarding, underwriting, service, collection & claims.
Get to know us.
2. 2
THE (LIFE) INSURANCE
INDUSTRY IS BROKEN
While the idea of insurance is simple, the insurance industry relies on an
insurance information arbitrage, where most consumers are set to lose: pay
high fees, excess premium for average coverage. We don’t even know we do.
Legacy insurance policies/products are overly complex and non-transparent
to policyholders. The insurance jargon is often intimidating, and too many
of us are too embarrassed to seek for help and don’t truly understand all the
excessive fees & premiums we pay, nor the coverage & amounts we get. Too
often, we are overly reliant on insurance agents and brokers.
This is why we started AllBright.
Our mission is to break the insurance organization’s information arbitrage .
We’re on a quest to make (life) insurance simple as it was originally meant to
be – or better – make owning and maintaining an insurance policy, intuitive,
affordable, and educated.
We aim to reimagine insurance through technology innovation, consumer-
value centric design, crowd wisdom and unbiased transparency.
WhyAllbright
3. 3
We’re AllBright
AllBright is a digital-only, legacy-free direct insurance provider supporting the
full life cycle of insurance policies, from onboarding, underwriting, service,
collection & claims.
We offer a breakthrough consumer experience that is delightfully friendly,
affordable and transparent.
AllBrightispoweredbyasmartproprietarycloudplatformandutilizesreal-time
analytics and machine learning to not only enable consumers make instant
coverage decisions, get approved and be immediately covered in minutes, but
also to augment the entire consumer journey pre and post enrollment, across
multiple channels.
Our proprietary stand alone insurance cloud platform not only enables us to
offer just-in-time surgically targeted spot insurance products through multiple
outlets, but also enable other legacy insurers to offer their target audiences
multiple innovative digital-first powerfully intuitive insurance products.
We’reAllbright
4. 4
The Team
Gil Yaniv
Former CEO ofTmura, deputy manager of Migdal insurance,
Israeli largest insurance company, and deputy manager of
Clal insurance
Sharon Koren
Former CEO of the Israeli pension clearing house, SVP
at Ness technologies and currently head of digital
transformation with HPE
Formerly founder and CEO of the Israeli clearing house,
with over 25 years of experience in the field of system
development, starting at Mamram (IDF). Holds BA degree
in Mathematics from the Technion and M.Sc degree in
Information Systems from Tel Aviv university (both cum
laude).
We’reAllbright
The founders of All Bright
combine extensive experience
and skills in both the business
side and the technological side, and
together bring years of experience
in the insurance sector and
related technologies, serving
in diverse and senior positions.
Their in-depth knowledge of all
aspects of the industry including
distribution, pricing, products,
back office processes sales
and illustration systems for
insurance, along with large-scale
management skills, provide them
a unique and holistic view of the
current challenges in the insurance
sector, as well as acquaintance
with emerging technologies and
Insurtech solutions.
5. 5
Ourvalues
PERSONAL CHOICE
Only YOU can decide
what’s best for you and
what’s is suitable for you.
VALUE FOR MONEY
We’re worthier than any
other option and delivery
maximal value for your
money.
EMPATHY
Insurance is a tool created
by people, for people. We
are here for you, every day,
clear or cloudy.
PROFESSIONALISM &
RESPONSIBILITY
Insurance is an artistry,
a profession. We only do
insurance. Nothing more,
northing less. This is our only
currency.
YOU’RE NOT ALONE
You are a vital part of a
community that contributes its
experience and wisdom to you.
FAIRNESS & INTEGRITY
We believe fairness & integrity are
good for all – for us and for you.
Our values
6. 6
Allbrigt positioning in the insurtech scene
UNIQUE VALUE PROPOSITION >> NATIVE DIGITAL INSURANCE
Disrupted Insurance Tech Industry is focusing on improving certain elements
of the insurance supply chain. AllBright is amongst the few ventures providing
Digital-only, Legacy-free Insurance
CYBER INSURANCE
The protection of computer
systems from theft or
damage, as well as from
disruption or misdirection
of the services they provide.
HEALTH AND WELLNESS
Technological means such as
wearables, genetic data, mhealth, etc
— help enhance health insurance risk
assessment and policies
INTERNET OF THINGS
IoT is a network of connected
physical
objects. Smarter data collection
allows for exponentially improved
assessment of risks for insurer
DIGITAL INSURANCE
Insurances provided through digital
channels such as web, mobile, IoT
devices, including social media sites
BIG DATA, AI AND
ANALYTICS
Insurance companies use
technologies such as AI and
machine learning tools to
analyze huge datasets and
make smarter decisions
9%
24%
44%
20%
3%
AllBrighttechnology
7. 7
DIGITAL-FIRST INSURANCE-EXCHANGE
PLATFORM FOR TRADITIONAL INSURANCE
ORGANIZATIONS & VENTURES WISHING TO
MODERNIZE THEIR BUSINESS THROUGH
AllBrightwhitelabelinsuranceplatform
AllBright is offering a private-label digital-first,
cloud-based insurance technology platform:
Enables legacy insurance organizations of any
size to power their own branded insurance
digital exchanges and quickly bring modern,
innovative digital insurance experiences and
products to market
Our consumer experience delivers an intuitive,
retail like and user friendly experience
Built in customer acquisition tools, sales
funnels, push notifications, reward programs,
and more.
Can save 3+ years of R&D and deployment
Simpleintegrationwithinternalinsurersystems
with bi-directional updates.
Traditional insurance
organizations are constantly
exploring ways to refine their
product offering, fee structures,
and target audiences.
Non-Insurance businesses (i.e.
retailers) seek to cross sell simple
insurance products on premise,
either private labeled or branded.
AllBright will offer both a
powerful private-label platform,
creating new, recurring revenue
opportunities in addition to
offering its own, branded
insurance products.
