| Founded | 2019 |
|---|---|
| Closed | 2023 |
| Country | Israel |
| Sector | Insurtech |
| Collapse type | Sudden Collapse |
| Founder | Nimrod Borovsky, Omri Orgad |
Fairly
"Israel's P2P insurer was crushed between market concentration and the October 7 shock."
Unexpected shutdown within weeks of a trigger
Key Events Timeline
Fairly, an Israeli peer-to-peer insurance startup founded by Nimrod Borovsky and Omri Orgad, raised $7M but could not crack Israel's highly consolidated insurance market dominated by Harel, Clal, and Menora.
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