Startupbootcamp has launched its first ever accelerator programme for the “under-serviced” insurance industry.
Leading insurance firms have joined the programme as mentors, including Allianz and Admiral, looked after by Startupbootcamp Insurance MD Liz Lumley, who recently joined the organisation from FinExtra.
Each successful team will get free space for three months in Startupbootcamp’s London HQ, the Rainmaking Loft, along with €15,000 “beer and pizza money”.
Different areas of interest include retail insurance, corporate risk management, re-insurance, back-office efficiency and new risk models.
Startups can apply to present their ideas at a Fast Track day, taking place between August and November 2015 in London, Berlin, Zurich, Cape Town, Tel Aviv, New York, Singapore and Hong Kong. An insurance hackathon will also take place in September for startups that are keen to get going.
The 10 successful applicants will then enter the programme starting in January 2016.
“Cooperation with fintech entrepreneurs will contribute to transforming our industry to better meet changing customer needs and expectations,” said Ruth Foxe Blader, fintech investor, Allianz Digital Corporate Ventures. “We look to the agility and creativity of startups to support our broader ambition of strengthening Allianz through innovation.”
Apply here.