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InsurLab Germany Accelerator

Five startups become part of the InsurLab Germany Accelerator

Cologne, 10.04.2018 - With today's kick-off event on the InsurLab Germany Campus in Cologne the first round of the InsurLab Germany Accelerator Programme started. Five InsurTech start-ups from four countries will be supported by the initiative for the next six months in order to further develop their products and services and successfully launch them on the German market. In addition to individual mentors, workshops, investor meetings, expert contacts of member companies and free workplaces on the InsurLab Germany Campus in Cologne are waiting for the selected startups.
KASKO, Motion-S, PolyWizz, StilFresh and RightIndem have made it into the intensive support programme of the young industry initiative.
Get to know the startups
KASKO from the UK enables insurance companies to develop insurance products quickly and cost-effectively. The newly developed products can be integrated directly into existing IT systems and marketed via KASKO's Insurtech-as-a-Service platform. The Startup Motion-S from Luxembourg offers a device-independent telematics solution. The platform connects smartphones with car sensors, processes driving data both in real time and retrospectively via existing data records and uses this data to calculate the risk potential of the driver, among other things.
PolyWizz from Israel has developed an end-to-end solution that automatically creates and analyzes customer insurance profiles according to customer approval. In this way PolyWizz supports sales teams in choosing the right product for each customer. The fourth startup StilFresh redefines the future of marine insurance. Its software supports international dealers and their insurers in reaching transport companies and forwarders directly and cost-efficiently in order to improve and significantly accelerate the results of recourse claims in international trade.
As the fifth startup RightIndem completes the first round of the InsurLab Germany Accelerator. RightIndem is a self-service claims platform that aims to accelerate the claims process and set up a complete multi-channel claims process.
The focus is on the individual needs of startups
The InsurLab Germany Accelerator programme focuses on the specific development potential of the individual start-ups. The varied program of workshops, seminars, networking events and pitch events can adapt each startup to your own needs. The participating start-ups do not have to pay money for this program, nor do they have to sell shares or rights in their companies. The networking of InsurTech startups and established insurance companies is clearly in the foreground. The aim is to develop concrete cooperation projects that will help InsurTech Startup to grow and the insurance company to provide innovative products and services.
The constantly growing network of InsurLab Germany offers startups direct access to over 50 companies from the insurance, technology and various consulting sectors as well as various universities. In addition, they are linked with industry-related investors and experienced mentors from the top management of the member companies, who support them throughout the entire period.
The grand finale of the Accelerator will take place in October during a Demo Day in Cologne. There the startups will present their development within the programme as well as new products and projects to the public.


About InsurLab Germany
InsurLab Germany is an initiative of the German insurance industry, currently supported by 28 insurance companies and 23 industry-related service providers, universities and dedicated InsurTech start-ups. It is a think tank for innovation and digitisation and promotes sustainable cooperation between start-ups and established insurance companies. The InsurLab Campus in Cologne offers 50 workstations for InsurTech startups and digital departments of the member companies. The association is part of the digital hub initiative "de:hub" set up by the Federal Ministry of Economics and Energy and a competence location for the InsurTech scene in Germany. It was founded in 2017 by the City of Cologne, Cologne Chamber of Commerce, Cologne University, Cologne Technical University, insurance companies and startups.



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InsurLab Germany continues to develop dynamically

Cologne, 31th January 2018

In a very well attended workshop with more than 70 participants, representatives of the member companies discussed the program for 2018 for InsurLab Germany, the platform for the networking of insurance companies and InsurTechstartups in Germany. The main topics for the next months are going to be "Digitization of Customer Communication", "Artificial Intelligence and Forecasting Algorithms" and "Blockchain / Smart Contracts". 

The Accelerator program of InsurLab Germany will start in April. The participants are currently selected from the national and international applications received in recent weeks. For 2018 the InsurLab Germany has planned pitch-days, a reverse pitch-day, a big hackathon, innovation workshops on the main topics with member companies and startups, "learning journeys" with board members from the member companies to the most important innovation locations, as well as regular meetupsfor a relaxed exchange between member companies and startups. 

Mathias Bühring-Uhle, Chairman of the Board of InsurLab Germany e.V., also welcomed several new members atthe event. Most recently, Wüstenrot&Württembergische, Deutsche Rückversicherung, the insurance broker Ecclesia, the startupMoneymeets, IBM and Ernst & Young became members ofInsurLab Germany. InsurLab Germany e.V. now has 45 member companies, including 26 insurers. Bühring-Uhle commented: "I am very pleased about the great development in terms of content as well as ofmembership. This enables us to make a significant contribution to innovation in the insurance industry." 

 

 More informationfrom: 

 

InsurLab Germany e.V. 

Schanzenstraße 6-20 

Building 3.09 (4th floor) 

51063 Cologne 

Germany 

 

Bianca Finkel 

Tel.: +49 (0)221986529-0 

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InsurLab Germany hires Sebastian Pitzler as new Managing Director

Cologne, December 20th, 2017 InsurLab Germany, the networking platform for insurance companies and insurtech startups has named Sebastian Pitzler (36) its new Managing Director. Pitzler currently leads the ERGO Digital Lab in Berlin and is expected to assume his new responsibilities at InsurLab Germany until April 1st 2018 or earlier.

Mathias Bühring-Uhle, Chairman of the Board of InsurLab Germany e.V. comments: „I am very happy, that we did find an excellent candidate for the role of the Managing Director of our initiative in Sebastian Pitzler. He brings extensive experience from the insurance industry as well as an excellent network in the German insurtech community into his new role in our organization.“

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InsurLab Germany is officially opened

Cologne, November 13th, 2017 - The ceremonial opening of InsurLab Germany e.V. will take place today at the two-day conference EXECinsurtech in Cologne.

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InsurLab Germany hosts InsurTech conference in Cologne – the customer interface is in focus

Cologne, 11th October 2017 – InsurLab Germany hosted a large InsurTech conference in Cologne during the Startupcon, the large German founding conference.

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InsurLab starts in Cologne

Cologne, 4th September 2017 - After a three-month preparation period since its founding, InsurLab Germany e.V. is now operational.

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