AI InsurTech Enables Pizza Hut Israel's eBikes

Over the past 13 months, consumers have grown used to the flexibility and convenience of a lifestyle that is more online than ever before. With the rapid progress of this digital shift, businesses are gaining access to more and more consumer data, and the tools for leveraging this data to personalize consumers' experiences are becoming more refined. As consumers grow used to on-demand services and experiences, so do businesses, expecting solutions that meet their specific needs on a moment-to-moment basis. Demandoo, an on-demand insurance provider based in Tel Aviv, Israel, is taking this mindset to the insurance industry, using artificial intelligence (AI) to provide case-by-case risk assessment and offer insurance solutions that meet the specific needs of each customer. Now, the company has partnered with Pizza Hut Israel to insure the company's eBike delivery fleet, a vehicle overlooked by traditional insurance providers.