Launch of first accelerator for insurance tech start-ups
Startupbootcamp's three month programme will develop new businesses in retail insurance, corporate risk management, and new risk models
Start-ups in the insurance industry are being invited to apply for Startupbootcamp Insurance – the first global accelerator of its kind to support businesses in insurance technology.
Based in London, the accelerator programme will run for three months from January 2016 and is open to businesses operating in retail insurance, corporate risk management, res-insurance, back-office efficiency and new risk models.
Back by several industry leaders including Lloyds Banking Group, Admiral and Allianz, the scheme is open to start-ups from anywhere in the world and will provide €15,000 funding, office space at the Rainmaking Loft and access to Startupbootcamp partners, venture capital firms, investors and financial services and insurance experts.
10 start-ups will be selected for the programme with ‘Fast Track’ days being held globally between August and November 2015 for business owners to pitch their ideas to the Startupbootcamp Insurance team.
Established in 2010, Startupbootcamp is a global accelerator with 11 programmes in Amsterdam, Barcelona, Berlin, Copenhagen, Eindhoven, Istanbul, London and Singapore with a presence in over 30 countries.
Nektarios Liolios, co-founder of Startupbootcamp Insurance, said: “The insurance industry is calling out for innovation and there are hundreds of start-ups out there waiting to be discovered, and we want to nurture that untapped talent!
“There is a clear and ever-growing need to harness start-up innovation and join it up with the developed insurance sector. With the help of our partners, we can create the only industry-wide initiative that looks to develop the digital innovation set to transform the insurance industry.”
You can apply for the accelerator programme here.