Insurance group Reale Mutua, tech giant Cisco and vc firm Barcamper Ventures have teamed up to launch a call dedicated to innovating the insurance industry.
InsurTech Garage aims to combine capital and technology in order to support startups which create innovative services, business processes and models in the insurance sector. Selected insurtech teams will have the opportunity to receive an investment from Barcamper Ventures, receive support from Cisco to validate their technology and from Reale Mutua to market proof it.
The program will target international startups operanting in data & analytics intelligence, blockchain, financial services, predictive intelligence, connected self, enterprise software, artificial intelligence, fraud detection, cyber security sectors, to develop new offering models and new client approaches to provide insurance industry players with new solutions in alternative markets.
The program will have three stages, as follows:
- a “call4ideas” in which startups at any development stage can apply;
- a second stage “scouting days” stage in which pre-selected teams will introduce themseleves to Reale Group, Cisco, and Barcamper Ventures;
- a third stage in which selected teams will receive support from experts and mentors to prepare for the final “pitching day” event.
Following this final event, the management will select the teams ready for the go-to-market testing stage and the teams ready for the acceleration program of Barcamper Garage.
The call is open here.
FinSMEs
29/06/2017