We Help Turn Your New Venture into a High-Growth Business
Are you a high potential and driven early stage startup? Do you know how best to leverage the most relevant innovative technology advancements of today to drive value creation? Are you interested by property, vehicle, travel, health, life and pension as well as new or more complex forms of insurance?
Today, the insurance market is going through a massive transformation triggered by new customer demands and expectations, the ubiquity of digital technologies, permanent social engagements, and the need to innovate. It is easier and cheaper today to set up a lean business. And with current legacy constraints, no insurer can afford to ignore current market dynamics.
Startupbootcamp InsurTech is the first truly global insurance accelerator working alongside a large portfolio of leading insurance players to foster disruptive and collaborative insurance innovation from early stage startups. Each year, we select the 10 most promising insurance technology startups from around the world and help them grow.
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As a startup, you get:
• Direct access to a number of program partners that are committed to help your business succeed
• Extensive support and advice from 100s of entrepreneurs, program alumni, and hand-picked mentors
• Exposure to over 200 angel investors and venture capital firms that are part of the Startupbootcamp investor network as you enter the program
• The ability to test and refine your proposition in a safe environment and employ the cutting-edge growth techniques used by the most successful startups in the world
• Plus much more, including free office space in the heart of the City of London–walking distance from a large pool of renowned insurers–for 3 months and an additional month to help finalize things.
Startupbootcamp InsurTech’s three-month accelerator program harnesses years of cumulative experience to guide your company’s development through hands-on sessions, workshops, and masterclasses with some of the brightest business and expert minds within the digital economy. One of the core values we bring to you is our relationships with a network of 100s of practitioners located all around the world and supporting other programs within our portfolio.
Our partners include over 26 major insurance brands, such as Admiral, Allianz, Confused.com, ERGO, Exponential Ventures, HDI, Intesa Sanpaolo, Lloyds Banking Group, L’olivier, LV=, Metropolitan, MJ Hudson, MMI Holdings, Momentum, Munich Re, Old Mutual, PwC, Route66 Ventures, Scottish Widows, Swiss Re, Talanx, The Admiral Group, Tryg, Unipol, XL Catlin, and Zurich.
All are available during the program, on the phone, or onsite to help you refine propositions and use cases the insurance industry is crying out for.
Why We Exist
InsurTech is the most dynamic part of the FinTech industry. The global insurance market is going through unprecedented change. Constrained by their siloed cultures, major insurance corporations are looking to better connect with customers and explore the transformative potential of the latest technology trends. They can’t do it alone — they need your help.
From blockchain to drones, data analysis to crowdfunded insurance, Internet of Things to genome technology to wearables…where there’s an exciting new technology, there’s a way it can revolutionize insurance — with huge potential benefits for the industry, startups, and society.
Perfect Your Pitch & Get Traction
After three months of acceleration, you’ll present to 500+ investors, mentors, partners, and media during Demo Day. You get invaluable pitch training and support from the best in the industry so you can present with confidence, and this starts on Selection Days.
Post acceleration, the support doesn’t end. We continue to create opportunities for you to speak at insurance-related events and connect you to a growing network of industry experts, mentors, investors, and other startups even after you are done.
Find out more about two of our alumni here:
Relayr – Raised €21 million
Cbien – Raised €8 million
Buzzmove – Raised €6 million
Insly – Raised €1 million
Alumni/Partner Case Studies
Startupbootcamp InsurTech Alumni, Adapt Ready Aerobotics, and NuvaLaw, sit down to discuss experiences in the accelerator program and working with corporate partner XL Catlin.
“Getting a chance to meeting all of the corporate partners of Startupbootcamp InsurTech, such as XL Catlin, the decision became a no brainer for us. Startupbootcamp InsurTech is a very well structured and thoughtfully-designed program. What is particularly helpful for us is getting mentorship from the corporate partners, such as XL Catlin.” — Shruthi Rao, CEO & Co-Founder, Adapt Ready
“XL Catlin were part and parcel of the whole program…they were there with us throughout from day 1 all the way to the end. The Startupbootcamp InsurTech outcomes for us are that you come away with an insurance business proposition, which is what many of us wanted going into it. XL Catlin got in pretty fast, so we met them and we had a Memorandum of Understanding signed within about six weeks of starting the program.” — Oli Bunting, MD – Insurance, Aerobotics
“The bootcamp was a tough one…but what was nice was that there was a continuous interaction between the different cohorts themselves…One of the roles that the partners played…was to expose us to their companies, so having interviews with us, and identifying where we could work with a company like XL Catlin.” — Willie Pienaar, Chief Executive, NuvaLaw
Get in Touch
Key Focus Areas
AI / Machine Learning
IoT / IoE / Wearables
Drones / Robotics
Data Analytics & Big Data
Life Science & Genome
MedTech & Digital Health
Dec 06 - 08
Why join the program?
An intense 3-month program designed to support entrepreneurs scale their industry-changing technology businesses.
Expert-led sessions covering all scaling fundamentals - from business model canvas, lean methodology to fundraising
Connections to the leading corporates in your industry for pilot projects, partnership opportunities, and as customers
Unmatched access to a global network of mentors, corporate partners, industry experts, and alumni across 40+ countries
Over 200 carefully selected mentors from InsurTech industry who provide hands-on support and valuable introductions
Free desks for your team in a dynamic coworking space for the duration of the 3-month program
€15K in cash per team to cover program expenses during the accelerator
Perks & Discounts
More than €500K+ in exclusive partner deals from leading technology providers such as Amazon, HubSpot, SendGrid, and others
Alumni Growth Program
Continued post-program support far after the 3-month program through annual alumni only events, deals and tailored introductions
Exclusive opportunities to take part in leading InsurTech conferences and events
Meet most active VCs and Angel investors in your industry from around the world
A day to celebrate your achievements during the program with 500+ investors, corporates, mentors and press attendees