Insurtech Europe, Plug and Play’s Insurtech platform based in Germany, announced on Thursday the 14 startups that have been selected for its third batch. According to Plug and Play, the program aims to facilitate opportunities for pilots, POCs, and new relationships between the selected batch startups and Plug and Play’s global ecosystem with a special focus on the corporate partners Munich Re, Generali, Versicherungskammer Bayern, Talanx, Irish Life, Willis Towers Watson, Swiss Re, Covea and the most recently, Baloise.
While sharing more details about the program, Robert Pechholz, Munich Lead and Corporate Partnerships Manager for Insurtech Europe at Plug and Play, stated:
“We are truly honored to work with so many major European Insurance players, and believe we offer our batch startups an incredibly unique opportunity. We look forward to seeing what we can accomplish on this program with the energy levels so high.”
The 14 startups participating in the Insurtech Europe program are the following:
- Curiosity’s Mosaik software helps companies build AI-solutions for their unstructured text data. It offers easy customisation while performing at enterprise scale and security. Customers use Mosaik-based solutions for document similarity, classification, semantic search, and more.
- DreamQuark: Financial Services can use, trust and control DreamQuark’s AI to solve their day-to-day business challenges.
- EasySend: A no-code smart form builder that empowers enterprises to quickly convert paper forms into compliant digital processes with deep-analytics in less than two weeks. EasySend has been adopted by over 90% of the Israeli financial and insurance market and tier-1 US and German financial institutions.
- Glassbox: Helps Insurers remain digitally compliant whilst keeping their customers happy and safe, with the most complete and secure digital experience orchestration solution on the market.
- SlidePiper: Starts by building an enhanced customer experience then our technology automatically builds the onboarding management and compliance dashboard and tools to track, check and validate the whole process. SlidePiper does this faster, cheaper & more accurate by eliminating room for human error.
- Vizru: delivers business AI process automation, data visualization and collaboration in real-time across your cloud and on-premise systems.
- Voiceitt: The company’s automatic speech recognition (ASR) technology uses AI to help people with speech impairments communicate.
- YUKKA Lab: A provider of Augmented Language Intelligence has developed a unique real-time currency for the sentiment of every company, topic & industry.
- Aktivo: Captures real-time health and lifestyle data from a smartphone and generates a digital biomarker that predicts health and longevity. Insurers utilise Aktivo to acquire, engage and retain high-value customers, and to price and manage risk at scale.
- Cobee: A one-stop SaaS solution for companies to manage all their employee benefits by providing them with a simple App and a VISA card to consume their products in a flexible manner.
- Knexus AI: A platform enables brands to deliver best and latest content (social, marketing & product) in real time, making it hyper relevant to drive customer decisions across owned digital channels. Knexus substantially increases eCommerce sales whilst reducing marketing operation costs.
- Cytegic: A cyber risk platform is the industry’s first, end-to-end solution automating cyber risk quantification and management across the entire insurance and risk value chain. Utilized globally by insurers, enterprises and global consulting partners Cytegic translates cyber risk into the language we all understand; dollars and ROI.
- Fixico: An online platform that offers a new and fully digital way to handle car damage claims for insurance and fleet companies. The innovative platform offers a unique customer experience, an end-to-end repair management solution and leverages the largest body repair shop network in Europe.
- Previsico: Enables real time actionable flood warnings using the latest weather predictions to make street-level flood nowcasts and forecasts.