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Plug and Play Insurtech Europe Announces 15 Startups Selected for Batch 11

MUNICH, Germany, October 2023 - Plug and Play Insurtech Europe is excited to announce the commencement of its 11th batch, as it proudly welcomes 15 startups into its three-month innovation program. These startups were carefully chosen to align with the focus areas of the founding and anchor partners.

Plug and Play stands out with its unique offering, which emphasizes business development support for growth-stage startups and scaleups. As the world's largest innovation platform, Plug and Play offers mentorship, access to venture capital, and various business development opportunities, all without requiring any equity stake or fees from the startups involved. This means that founders are provided with a rare and invaluable business development opportunity at no cost.

The pitching startups represented a wide spectrum of industries, development stages, and global origins. Following these pitches, Plug and Play Insurtech Europe partner companies, such as RheinLand, Versicherungskammer Bayern, Irish Life and UnipolSai Assicurazioni, were invited to cast their votes, determining which startups would progress to the next phase of the program. The ultimate aim of this initiative is to facilitate the creation of pilots and Proof of Concepts (PoCs) between the selected startups and program partners.

This year's program commenced with an in-person Selection Day, and it will continue with a series of activities and workshops throughout its duration. The highlight of the program, the Insurtech Europe Batch 11 EXPO, showcasing the collaborations between the startups and partners, will take place in person on February 6th and 7th.

Here are the 15 startups that have been selected to participate in the Insurtech Europe Batch 11 Program:

AdviceRobo is an innovative AI-powered platform specialized in advanced underwriting, data services and predictive analytics using AI.

Airrange.io is a collaborative platform for the granular sharing Excel content and building web apps effortlessly.

European Car Xchange is a fully digital borderless marketplace where insurers auction damaged vehicles, that are too expensive for them to fix, directly to international repair shops and recyclers.

Hubtype helps insurance companies create self-serve experiences for messaging and chat. These apps allow companies to implement complex use cases with amazing UX in a secure way.

Clearspeed voice analytics technology provides unique risk alerts based on an individual’s vocal responses.

Yurtle is the UK’s first insurtech solving for caregiver burnout in the workplace, via group risk cover and a digital care management platform.

LiveEO ensures safety across infrastructure and environment and keeps their owners compliant with environmental and security laws by identifying risks with their AI-based Earth Observation technology.

LinkbyCar is one single platform enhanced with artificial intelligence that allows to explore, learn and make behavioural predictions of motor vehicles and the individuals who use them.

Weathermind is an AI-powered software for insurers to streamline and accelerate their property damage assessment process in the aftermath of natural disasters.

Calvin Risk provides customizable AI assessment and management software for enterprises to enable the safe, trustworthy, and compliant adoption of AI systems into production.

Harmoney offers an end-to-end modular platform, to automate compliance processes, reduce workloads, and deliver high-quality data, assuring adherence to every regulation, and in every jurisdiction.

Sarus unlocks AI & analytics on confidential data using privacy technology. It streamlines data access processes and bolsters security by enforcing the highest standards of privacy in data analysis workflows (SQL, complex ML including LLM).

Locket aims to become the go-to platform for insurance prevention, using smart tech and behavioral insights to cut claims and enhance customer loyalty across all insurance sectors.

Spike Technologies is an API for fitness and health data from wearables and loT devices.

Fives Lives developed Digital Therapeutics for better detection, prevention and treatment of Alzheimer's and Other Dementia.

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 50+ locations across 5 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/