Are you ready to turn your venture into a high-growth business?
Applications for Startupbootcamp InsurTech London are open!
Our program enables collaborations with over 200 mentors, 26 insurance brands, and 300 investors, in addition to extensive support and advice from hundreds of entrepreneurs, program alumni, and world-renowned businesses. Located in the insurance capital of London, we 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. We enable 10 InsurTech startups to deliver in 3 months the same results it would take them 12 to 18 months to achieve on their own.
If you’re curious to know more, we want to meet you! We’ve started our international FastTrack tour and are traveling around the world seeking the most forward-thinking entrepreneurs who are changing insurance.
What are we looking for?
Consumers’ needs and expectations have changed and will continue to change as technology enables how we shop, travel, look after our belongings, save our money, and more. The seamless processes of searching for and purchasing something on Amazon or booking peer-reviewed accommodations in a different country at the touch of a finger, condition us to expect this fluidity and ease of experience with every transaction and interaction–including with our insurance.
InsurTech startups are transforming insurance.
While some InsurTechs are focusing directly on the customer experience, others are looking internally at an insurers’ core processes, such as sales & marketing, underwriting & pricing, customer acquisition & retention, and claims. These startups are identifying gaping holes in the insurance value chain and filling them. Many startups are using emerging technologies in their propositions. Some are focusing on various lines of business, such as agriculture, property, motor, health, life & pension, and liability.
InsurTechs Raise Billions
InsurTech is expanding rapidly and gaining worldwide attention from industry professionals, insurers, and investors. 2015 saw $2.67 billion investment across 122 deals. 2016 saw $1.69 billion across 173 deals. And so far in 2017, the first two quarters combined have seen over $1 billion investment across more than 100 deals–over half of which went to early stage/seed/Series A startups.
And there is no sign of InsurTech’s momentum slowing down. Insurance in changing, and we’re in the midst of it. If you’re an InsurTech startup looking to grow your business and gain access to a network of expert mentors, investors, and insurers, apply to our program, join us at a FastTrack location listed below, or email us at InsurTechLDN@startupboocamp.org.
International FastTrack Tour: Get Feedback & Connect
From July until the end of October, we will be traveling to the top InsurTech ecosystems around the world, supported by industry experts and partners in each city. Our aim is to support the best talent in InsurTech, provide mentorship, and create connections between startups and mentors, investors, and our corporate partners.
If you want to join us at one of these locations, click below. If we’re not coming to a city near you, please get in touch with us at InsurTechLDN@startupbootcamp.org.
|25||July||Stockholm||Willis Towers Watson||Closed|
|27||July||Helsinki||Helsinki Think Company||Closed|
|1||August||Tel Aviv||Google Campus||Closed|
|8||August||Hong Kong||One Island East||Closed|
|17||August||San Francisco||SG Innovate||Apply|
What is an InsurTech FastTrack?
If you’d like more information on what a FastTrack is, you can read this article explaining the process, or watch the short video below.
If you have any questions, please reach out to us at InsurTechLDN@startupbootcamp.org.
Startupbootcamp InsurTech Partners