ADAC signs strategic partnership with world’s largest innovation platform Plug and Play

MUNICH, GERMANY - June 24, 2020 - As part of its digitization strategy, ADAC e.V. and ADAC SE started strategic partnership with Plug and Play, an innovation platform focused on startups across 16 different industries. The main goal of the partnership is to identify new business opportunities and to support the digital and technological development of ADAC.

The partnership focuses on Plug and Play’s Mobility and Insurtech programs. In these programs, startups from around the globe will share their innovative technologies and business models that relate to ADAC. With its active participation at Plug and Play’s events and network, ADAC will be able to get in contact with the most important stakeholders as well as the most innovative startups in the mobility and insurance spaces.

About ADAC e.V.: 

With more than 21 million members, Munich-based ADAC e.V. is the biggest mobility club in Europe. Breakdown and accident assistance are at the core of membership benefits. In 2019, ADAC road patrol drivers and the club’s mobility partners served members with broken-down vehicles more than 3.7 million times in Germany. As a recognized and independent consumer protection organization, the club tests mobility products and services. Via adac.de, members have 24/7 access to help, advice and services on the topics of cars, mobility and travel & leisure. www.adac.de

About ADAC SE: 

Having its registered office in Munich, ADAC SE is a public company limited by shares under EU law offering mobility-oriented services and products to ADAC members, non-members and B2B customers. It is comprised of 28 affiliated companies and private equity firms including ADAC Versicherung AG (insurance), ADAC Finanzdienste GmbH (financial services), ADAC Autovermietung GmbH (car rental) and ADAC Service GmbH. A growth-oriented market player, ADAC SE progresses digital transformation across all its businesses relying on innovation and future technologies. In the 2018 business year, ADAC SE had a staff of approx. 3,500 and realised a turnover of €1.142 billion and after taxes earnings of €108.0 million.

About Plug and Play Insurtech:

Established in 2016, Plug and Play Insurtech is one of Plug and Play's largest industry-specific programs. Alongside its headquarters in Silicon Valley, this platform runs programs in five global locations including Beijing, Munich, New York, Singapore, and Tokyo. The program currently has over 90 corporate participants including Farmers Insurance, Nationwide, SOMPO Digital Lab, and Travelers, and has worked with hundreds of international Insurtech startups to date.
For more information, visit http://plugandplaytechcenter.com/insurance/.
Plug and Play Insurtech Contact: insurtech-munich@pnptc.com

About STARTUP AUTOBAHN:

STARTUP AUTOBAHN, the Stuttgart office of Plug & Play, is Europe’s most active mobility innovation platform moderating an in-depth and curated collaboration between leading industry partners and top startups. The program focus comprises the areas of Future of Mobility, Future of Production and Future of Enterprise. The unique platform offers a broad variety of additional services and collaboration opportunities to individually accomplish the objectives of our corporate partners and incorporate them into our strong ecosystem. 
Plug & Play, the Silicon Valley accelerator and investor, facilitates this joint project together with founding partner Daimler and 27 industry partners. Our track record so far counts 250+ program startups, 280+ initiated pilots and dozens of implementations. For more information, visit https://startup-autobahn.com/