Plug and Play Insurtech Europe Announces 14 Startups Selected for Batch 12
MUNICH, April 18, 2024 - Plug and Play Insurtech Europe proudly kicks off its twelfth batch, welcoming 14 promising startups to its intensive three-month innovation program. Carefully curated to align with the strategic focus areas of the founding and anchor partners, these startups represent a diverse range of industries, developmental stages, and global origins.
Distinguished by its unique emphasis on providing robust business development support to growth-stage startups and scaleups, Plug and Play stands as the world's largest innovation platform. Offering unparalleled mentorship, access to venture capital, and a plethora of business development opportunities, Plug and Play does not seek any equity stake or fees from participating startups. This exceptional offering ensures that founders are afforded a rare and invaluable opportunity for growth at no cost.
Following rigorous pitching sessions, partner companies such as Versicherungskammer Bayern, Irish Life, and UnipolSai Assicurazioni were invited to cast their votes, determining the startups progressing to the next phase of the program. The ultimate objective is to facilitate the development of pilots and Proof of Concepts (PoCs) between the selected startups and program partners.
The program started with an in-person Selection Day and will feature workshops and activities. The flagship event, the Plug and Play Munich Expo Day, where collaborations between startups and partners will be showcased, is set to take place in person on June 4, 2024.
The following 14 startups have been selected to participate in the Batch 12 Program:
Ambr helps high-performing teams reduce stress without the hassle of surveys. Their product integrates with commonly used workplace tools to give organizations a real-time picture of harmful working practices and ways to fix them.
Brite Payments is a second-generation fintech that enables customers to pay and get paid instantly via their bank account 24/7, 365 days a year. Brite is connected to more than 3,800 banks within the EU, and is available in 26 EU markets.
CatX streamlines NatCat risk transfer through collateralized solutions, transparency, solvency relief, diverse instruments, and automated processes. Insurers benefit from quick access, tailored coverage, and transparent pricing in this regulated marketplace.
Cogny lets analysts and consultants be up to 10 times more productive on preparatory tasks, while enhancing precision, excellence and collaboration and ensuring seamless adaptation across various use cases.
Corma offers a SaaS solution to manage the software licenses used by teams. Their tool provides 100% visibility and control into the software architecture, allowing for transparency and efficiency, and enabling the optimization of the value derived from existing software.
EarthCare.ai is a Global Climate Intelligence Platform that offers unified, multi-source environmental data, analysis and AI storm detection, empowering businesses to protect assets and revenue effectively.
Finovox offers universal document falsification detection within 5 seconds, leveraging advanced machine learning algorithms. Accessible via API or SaaS, it serves diverse sectors like insurance, banking, real estate, and public organizations.
Get-ikigai revolutionizes recruiting by leveraging AI to understand and connect talents with leaders beyond just skills, focusing on Cultural Fit, Team Dynamics, Values, and Desired Impact for the perfect match.
HealthKey facilitates seamless procurement and integration between payers and providers, featuring AI-powered discovery, automated payments, and claims processing. Integrated with various health and well-being services, from fertility to mental health, ensuring a comprehensive user experience.
Insurely pioneers open insurance, empowering consumers to comprehend their policies for informed decisions. Our solutions offer real-time access to insurance and pension data, aiding customer acquisition, retention, and product development for partners.
LegalFly’s Copilot revolutionizes legal operations, offering time and cost efficiencies to professionals worldwide. Our flagship Legal AI solution transforms documents into actionable insights instantly, recognized for innovation globally.
Mitiga Solutions enhances risk understanding with next-gen modeling for climate variability, fostering resilience to natural hazards amid climate change. Their platform provides comprehensive insurance coverage, leveraging proprietary science and computing technology.
SE3 Labs transforms diverse data into intelligent, accessible, spatial 3D digital twins with an AI co-pilot for real-time, informed decision-making across various sectors.
Join Plug and Play Munich Expo Day on June 4, 2024. Get your tickets here.
About Plug and Play
Plug and Play is the leading innovation platform, connecting startups, corporations, venture capital firms, universities, and government agencies. Headquartered in Silicon Valley, we’re present in 60+ locations across five continents. We offer corporate innovation programs and help our corporate partners in every stage of their innovation journey, from education to execution. We also organize startup acceleration programs and have built an in-house VC to drive innovation across multiple industries where we’ve invested in hundreds of successful companies including Dropbox, Guardant Health, Honey, Lending Club, N26, PayPal, and Rappi. For more information, visit https://www.plugandplaytechcenter.com/.
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