Plug and Play Insurtech Selects 18 Startups for Batch 4 of their Insurtech Europe Program

    Insurtech Europe Batch 4

    Munich, Germany, March 31st, 2020 -- Insurtech Europe, Plug and Play’s Insurtech platform based in Munich, Germany, announced the 18 startups that have been selected for its Batch 4. The spring 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, Irish Life, Willis Towers Watson, Baloise, Achmea, Aflac, Swiss Re, and Covea.

    Plug and Play does not take equity as a prerequisite to joining the program and there is no cost for the selected startups to participate. Plug and Play invests separately from the activities of the program. The startups will remain part of the ecosystem even after graduation on July 1st, 2020, at program’s EXPO.

    The majority of the program startups are generally applicable solutions focused on Infrastructure, Automation and IPA. Furthermore, services beyond the insurance coverage (with a focus on L&H and P&C), as well as general services around customer engagement, UX and Service Bundling are represented in the program. Learn more about the 18 startups participating in the program: - Applica Robotic Text Automation is based on proprietary AI that automates business processes requiring scrutiny and comprehension of documents.

    Automation Hero combines RPA with AI to form an intelligent process automation platform that handles numerous use cases for insurance, including claims processing, underwriting, churn prediction, and others.

    ClearBox AI enables trustworthy, robust and human-centric AI deployment at scale in enterprises.

    e-bot7 is an AI SaaS platform to help companies engage and manage their digital customer service experience, providing real-time customer support pre and post-sale, via our hybrid Agent+AI solution. 

    IDEE - The Munich-based cybersecurity start-up IDEE GmbH offers an innovative technology that enables insurance companies to onboard customers faster, make services accessible throughout their entire ecosystem more convenient, secure the exchange of sensitive data and simplify identification processes and therefore reduce cost.

    OpenLegacy's disruptive and innovative integration solution helps organizations dramatically accelerate and reduce the cost of digital transformation projects by generating Microservices-based APIs from any complex core application.

    Persado is reinventing digital marketing creative by applying mathematical certainty to the words we use in marketing communications. By unlocking the power of words, companies win every digital marketing moment, experiencing dramatic new brand engagement and revenue performance across every channel.

    Sensely is an avatar-based, empathy-driven platform that leverages natural user interfaces to intelligently connect insurance plan members with advice and services.

    SLVRCLD quantify and settle your non-motor content claims as quickly and efficiently as possible.

    Userlane is the fastest and most flexible Digital Adoption Platform. Userlane works with large organizations to empower their customers and employees to work with any software without formal training or IT-support.

    Vayyar creates radar imaging sensors based on unique RF technology to monitor the environment in real-time. Vayyar Home, the company's fall detection and monitoring device, helps keep seniors safe in their own home, making sure they get help in an emergency, without the use of cameras and wearables.

    Akur8 revolutionizes insurance pricing with transparent AI based on proprietary algorithms, combining the actuarial approach with machine learning techniques.

    Etsimo’s AI-driven personal digital health assistant connects the patient, provider and payer around data-driven healthcare.

    Healthy Virtuoso helps health and life insurers to improve their customer acquisition, loyalty and trust, while enabling them to collect daily real-time customer behavioural information from more than 20.000 apps.

    LifeNome is an Award Winner Precision AI Platform for personalizing health and wellness products, programs, and services.

    MINDZEIT is your personal anti-stress coach you always have with you wherever you go. mission is to deliver predictive risk management and dynamic insurance pricing for Commercial Fleets and Insurers.

    Spearhead AG is reinventing automotive claims management.

    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.

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    About Insurtech Hub Munich

    InsurTech Hub Munich is one out of twelve digital hubs initiated by the German Federal Ministry of Economy, in cooperation with insurtech startups, corporate partners, investors and research institutions, all based in Munich. Our goal is to determine the future of the insurance sector by providing a platform for the everyday exchange between all important current and future players, building meaningful partnerships across industries and enabling alternative ideas and business models. 

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