• Insurtech
  • Insurtech

UnipolSai Signs Partnership with Plug and Play in Insurtech

The partnership aims at finding new business opportunities through innovative initiatives and projects within the startup world with the objective of accelerating the digital and technological development of UnipolSai and the entire Unipol Gruppo.

BOLOGNA, ITALY, May 12, 2020 -- As part of its Open Innovation activity, UnipolSai announces the beginning of a fruitful collaboration with Plug and Play - startup accelerator and world leading innovation platform based in Silicon Valley - aimed at finding new business opportunities, through innovative initiatives and projects within the startup world, with the objective of accelerating the digital and technological development of UnipolSai and the entire Unipol Group.

The partnership offers the opportunity to get in touch and create synergies with a wide network of global technological companies, promoting the digitalization of processes and the diffusion of an innovation culture within the Group. Startups that are part of Plug and Play network also benefit from the partnership, allowing them to grow and develop alongside a partner such as UnipolSai, Italian leader in Non-Life Insurance, especially in motor vehicle TPL, with over 2,800 insurance agencies and approximately 6,000 sub-agencies distributed all over the country.

The collaboration focuses on the scouting of startups and innovative companies, with the objective of intercepting new business opportunities, in particular within the three pillar ecosystems of “Mission Evolve”, the 2019-2021 Unipol Group industrial plan: Mobility, Welfare and Property.

UnipolSai will also obtain an active and leading involvement in the course of events and workshops organized by Plug and Play, in the presence of the most important stakeholders within the insurance sector and the most interesting and innovative Insurtech companies at global level.

About UnipolSai Assicurazioni S.p.A.

UnipolSai Assicurazioni S.p.A. is the insurance company of the Unipol Group, Italian leader in the Non-Life Business, in particular in MV and Health. Also active in Life Business, UnipolSai has a portfolio of over 10 million customers and holds a leading position in the national ranking of insurance groups with a direct income amounting to approximately €14.0bn, of which €8.2bn in Non-Life Business and €5.8bn in Life Business (2019 figures). The company has the largest agency network in Italy, with about 2,500 insurance agencies spread across the country. UnipolSai is also active in direct MV insurance (Linear Assicurazioni), transport and aviation insurance (Siat), health insurance (UniSalute), supplementary pensions and also covers the bancassurance channel (Arca Vita, Arca Assicurazioni and Incontra). It also manages significant diversified assets in the real estate, hotel (Gruppo UNA), medical-healthcare and agricultural (Tenute del Cerro) sectors. UnipolSai Assicurazioni is a subsidiary of Unipol Gruppo S.p.A. and is also listed on the Italian Stock Exchange.

About Plug and Play

Plug and Play is a global innovation platform. Headquartered in Silicon Valley, we have built accelerator programs, corporate innovation services and an in-house VC to make technological advancement progress faster than ever before. Since inception in 2006, our programs have expanded worldwide to include a presence in over 25 locations globally giving startups the necessary resources to succeed in Silicon Valley and beyond. With over 20,000 startups and 400 official corporate partners, we have created the ultimate startup ecosystem in many industries. Companies in our community have raised over $7 billion in funding, with successful portfolio exits including Danger, Dropbox, Lending Club and PayPal. For more information, visit https://www.plugandplaytechcenter.com/.