Startupbootcamp InsurTech, has announced a new collaboration with Zurich Insurance Group (Zurich) and they welcome 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.
The collaboration 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 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 UnipolSai.