Startupbootcamp InsurTech unveils new collaboration with Zurich Insurance Group

Startupbootcamp InsurTech unveils new collaboration with Zurich Insurance Group

15-Mar-2017

LONDON, UK –March 15, 2017. Startupbootcamp InsurTech, the leading accelerator program focused on insurance technology startups and corporate innovation, announces a new collaboration with Zurich Insurance Group (“Zurich”), a leading multi-line insurer. Startupbootcamp InsurTech welcomes Zurich’s expertise and global presence in more than 210 countries and territories.

Corporations are working to improve their customers’ experience, expand their service offerings, and decrease their cost of doing business. In turn, early-adopting insurers are becoming more active in the InsurTech space, with 29 notable partnerships announced between insurers and startups in 2016[1].

The collaboration between Startupbootcamp InsurTech and Zurich allows Zurich to engage with Startupbootcamp InsurTech’s portfolio consisting of startups with innovative business models and emerging technologies operating at various points of the insurance value-chain.

Sabine VanderLinden, Managing Director of Startupbootcamp InsurTech says,

“We are very excited to welcome Zurich onto the Startupbootcamp InsurTech program. This collaboration will enable us to provide more international resources to our startups and drive innovation in the insurance industry through collaborative projects. We look forward to working alongside such a notable, global insurer.”

Antony Elliott, Zurich’s Group Head of Business Transformation states,

“We are committed to serving our customers in a way that feels personal, effective and unique. That’s why we are so excited to work with Startupbootcamp InsurTech. From what we have seen so far, this year’s selection of startups have some really innovative approaches to improving how the insurance industry works for customers, as well as to increase operational efficiency. For us, it’s great to work with startups who are solving industry problems with propositions and services our customers desire, and to embrace certain aspects of the startup culture.”

The new collaboration with Zurich joins the list of leading insurance companies that are already part of the InsurTech program: The Admiral Group, Allianz, ERGO, Exponential Ventures, HDI, Intesa Sanpaolo, Lloyds Banking Group, LV=, Metropolitan, MJ Hudson, MMI Holdings, Momentum, Munich Re, PwC, Route66 Ventures, Scottish Widows, Swiss Re, Talanx, Tryg, and Unipol.

Stay up to date with Startupbootcamp InsurTech on Twitter at @sbcInsurTech.

Stay up to date with Zurich on Twitter at @Zurich

[1] CB Insights

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Editor’s Note

Media contacts: Cognito Europe

Francesca Bliss / Paul Bowhay

+44 (0)20 7426 9417

Startupbootcamp@cognitomedia.com

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About Zurich

Zurich Insurance Group (Zurich) is a leading multi-line insurer that serves its customers in global and local markets. With about 54,000 employees, it provides a wide range of property and casualty, and life insurance products and services in more than 210 countries and territories. Zurich’s customers include individuals, small businesses, and mid-sized and large companies, as well as multinational corporations. The Group is headquartered in Zurich, Switzerland, where it was founded in 1872. The holding company, Zurich Insurance Group Ltd (ZURN), is listed on the SIX Swiss Exchange and has a level I American Depositary Receipt (ZURVY) program, which is traded over-the-counter on OTCQX. Further information about Zurich is available at www.zurich.com.

About Startupbootcamp InsurTech

Launched in 2015, Startupbootcamp InsurTech is a global accelerator based in London that focuses on disruptive and collaborative insurance innovation. Our intensive three-month program provides startups with mentorship, an extensive network of insurers, angel investors, and VCs, and other valuable resources to enable them to collaborate with an ecosystem of market experts and to design unique propositions that provide solutions for the insurance market. Our partners include The Admiral Group, Allianz, ERGO, Exponential Ventures, HDI, Intesa Sanpaolo, Lloyds Banking Group, LV=, Metropolitan, MJ Hudson, MMI Holdings, Momentum, Munich Re, PwC, Route66 Ventures, Scottish Widows, Swiss Re, Talanx, Tryg, Unipol, and Zurich. It is part of the global award-winning Startupbootcamp, a network of industry focused startup accelerators. For more information, visit www.startupbootcamp.org/accelerator/insurtech-london/

About Startupbootcamp

Founded in 2010, Startupbootcamp is a global accelerator network with 18 programs in Amsterdam, Barcelona, Berlin, Chengdu, Eindhoven, Istanbul, London, Mexico City, Miami, Mumbai, New York, Rome, and Singapore, and a 3,000+ strong mentor and alumni network in more than 30 countries. More than 400 startups have been accelerated by Startupbootcamp worldwide, raised over €210 million and achieve a combined valuation of more than €500 million. 80% of these startups are still active. For more information, visit: www.startupbootcamp.org.