Hachshara Insurance Company Technographics
Hachshara Insurance Company Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Hachshara Insurance Company and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 100 Hachshara Insurance Company employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Hachshara Insurance Company has purchased the following applications: Comtec TIS Billing for Insurance Billing Administration in 2023 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Hachshara Insurance Company is running and its propensity to invest more and deepen its relationship with Comtec or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Hachshara Insurance Company revenues, which have grown to $51.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Hachshara Insurance Company intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
Hachshara Insurance Company Tech Stack and Enterprise Applications
Hachshara Insurance Company ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Comtec | Legacy | Comtec TIS Billing | Insurance Billing Administration | ERP Services and Operations | n/a | 2023 | 2023 |
In 2023, Hachshara Insurance Company implemented Comtec TIS Billing as the insurer’s core billing platform for its General Insurance business. Comtec TIS Billing is deployed to serve Insurance Billing Administration and to centralize billing operations, invoicing, and premium processing across the company in Israel.
The implementation configured Comtec TIS Billing as a policy-aware billing engine with standard Insurance Billing Administration capabilities, including policy billing schedules, premium invoicing, installment management, receivables tracking, and statement generation. The solution was aligned with the insurer’s product catalog and underwriting codes, and configured to support automated billing workflows and scheduled billing cycles typical of insurance billing administration.
Comtec TIS Billing is integrated with the company’s broader application landscape described in the report, including document and workflow management systems, risk and actuarial management tools, business intelligence and reporting solutions, core financial systems, and established Microsoft products used by the company. The billing platform also links into the insurer’s customer-facing channels, supporting the policyholder website and mobile application, and feeding data to the agent portal and advanced agent workspace to enable policy and billing visibility for agents.
Governance and operational scope were organized to concentrate billing administration within the General Insurance lines, while the Life Insurance core remains operated based on the provider’s IT services. The deployment touches billing, finance, customer service, and agent operations, and the implementation was positioned to centralize invoice and collections workflows and to synchronize document and workflow processes with downstream actuarial and BI systems.
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Insurance Claims Management | ERP Services and Operations |
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2023 | 2023 |
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Insurance ERP | ERP Services and Operations |
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2023 | 2023 |
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Insurance Policy Administration | ERP Services and Operations |
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2023 | 2023 |
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IT Decision Makers and Key Stakeholders at Hachshara Insurance Company
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| CEO | CXO | Operation | ||||
| Reinsurance Manager | Manager | Risk | ||||
| Head Of Operations | Director | Operation | ||||
| CIO & VP IT | CXO | IT |
Apps Being Evaluated by Hachshara Insurance Company Executives
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| No data found | ||||||