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Press release: InsurLab Germany and EY present joint InsurTech Report

Cologne, 04.09.2018 - Under the title "Short history, thriving present - bright future?" the InsurLab Germany and EY publish a first joint report on developments, trends and successes within the German InsurTech ecosystem. The study is the first in a series of publications that Germany's largest platform for networking start-ups and insurance companies with the management consultancy EY will implement. The industry initiative InsurLab Germany now has 61 companies among its members.

The English-language study serves as a prelude to an annual series of reports. It is based on a strict definition of the term InsurTech in order to deliberately focus on start-ups whose business model is directly geared to central functions in the insurance value chain. InsurLab Germany and EY identified a total of 59 startups from five different business model segments that meet these strict selection criteria. As the report shows, InsurTech's sales-related solutions currently dominate the market. However, trends indicate that technology-centric middle- and back-office solutions and the development of digital ecosystems will increasingly influence the insurance industry in the future.

The report by InsurLab Germany and EY also deals intensively with the further development of existing business models, the attractiveness of German start-ups on the investment market and the expansion of the German InsurTech ecosystem. The complete study is available at  Following further developments in the InsurTech market, future studies in changing thematic areas will also deepen aspects of, for example, sensor technology or artificial intelligence.

"We are very pleased to share our first InsurTech report with the public. One of our tasks as InsurTech Hub is to observe market trends and communicate them as clearly as possible to the individual actors in the ecosystem - especially, of course, to our member companies. The report is a great tool to do justice to this task," says Sebastian Pitzler, Managing Director of InsurLab Germany.

Christopher Schmitz, Partner & German FinTech Lead at EY adds: "We have been with the InsurTech scene in Germany right from the start and are excited to see the positive impact initiatives like InsurLab Germany have on the dynamics within our national ecosystem. As a member of InsurLab Germany, it was important to us to analyse the InsurTech scene together with the team of the initiative and to work on the findings for the association and the interested public.

InsurLab Germany now has 61 member companies
The interest in the membership in InsurLab Germany does not diminish. A total of 30 insurance companies, 31 InsurTechs, technology providers, consultants, universities and colleges are now part of the initiative. Only recently, in cooperation with msg systems AG, the PrismaLife AG and the five InsurTech startups Enrion, enzuranz, freeyou, Tech11 and ubirch welcomed seven new member companies to InsurLab Germany. Previously, the insurer helvetia and the two Cologne startups mailo and PBM - Personal Business Machine joined the initiative.

About InsurLab Germany
InsurLab Germany is a platform for networking insurance companies and start-ups that develop digital products and services for the insurance industry. The industry initiative was founded in 2017 by the City of Cologne, the Cologne Chamber of Commerce, the University of Cologne, the Cologne Technical University, established insurance companies and InsurTech startups.

The aim of InsurLab Germany is to provide insurance companies with easy, direct access to national and international startups and to actively support them in planning and implementing joint projects in order to transform and digitise the German insurance industry in the long term.

As one of twelve hubs in Germany, InsurLab Germany is part of the digital hub initiative "de:hub" set up by the Federal Ministry of Economics and Energy and the official competence location for the InsurTech scene in Germany.

press contact
Bianca Finkel
InsurLab Germany
Specialist for Marketing, Communication & Events
Schanzenstr. 6-20, 51063 Cologne
+49 221 986 52 920

About the EY Financial Services Practice
EY is an international market leader in auditing, tax, transaction, risk and management consulting. More than 35,000 employees worldwide work for EY's Financial Services Practice - primarily in the Wealth & Asset Management, Banking & Capital Markets and Insurance sectors.

EY is Gold Partner of TechQuartier in Frankfurt and a member of InsurLab Germany. EY has made it its mission to support the ecosystem for young start-ups in Germany on a sustainable basis. EY is the initiator of the "EY-Start-up-Academy". Together with Deutsche Börse and TechQuartier, Germany's best FinTech and technology start-ups are being sought for the second time. During the eight-week Academy (26 September to 22 November 2018) the newcomer companies will learn with and from numerous mentors from the EY environment, banks and companies, FinTech experts and start-up sponsors as well as investors and financing partners to further develop their ideas. Further information can be found on the website

press contact
Kerstin Gauf (EY)
Media Relations and Communications
Financial Services Germany    
+49 6196 996 24798

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Press release: InsurLab Germany general meeting on 17.04.2018

More board members, six new member companies and a new partner enrich InsurLab Germany

Cologne, 18.04.2018 - Yesterday the regular general meeting of the InsurLab Germany took place in the premises of AXA Versicherung AG in Cologne. The 52 members of the young initiative to network insurance companies and innovative start-ups decided to expand their board from three to eight persons. In addition, InsurLab Germany presented six new member companies and the new strategic partner FinLeap from Berlin.

Eight board members for a strong industry initiative

At yesterday's general meeting of the InsurLab Germany the association unanimously voted for the expansion of the board by five additional members. CEO Dr. Mathias Bühring-Uhle - also member of the Gothaer board - and Dr. Walter Botermann, CEO of ALTE LEIPZIGER - HALLESCHE and Ulrich Pasdika, Life/Health Unit Manager at Gen Re, remain the managing directors of the initiative. From now on, the Executive Board will be supplemented by Dr. Arne Barinka, member of the Executive Board of IDEAL Versicherung, Carlo Bewersdorf, member of the Executive Board of Hannoversche Lebensversicherung AG, Dr. Lothar Horbach, member of the Executive Board of RheinLand, Helmut Söhler, Senior Representative of SCOR Global P&C Germany, and Prof. Dr. Torsten Oletzky, who has supported the initiative intensively right from the start. He represents the TH Cologne in his new role as professor.
Dr. Mathias Bühring-Uhle is very pleased about the new board colleagues: "As the initiative grows, so does the diversity of our members, whose interests must be represented in the best possible way. "This is exactly what we can achieve with the expansion of the board."

InsurLab Germany cracks the 50 mark

Six new member companies were welcomed at yesterday's event. Meanwhile, the Mecklenburgische Versicherungsgruppe supplements the 28 insurance companies of the association. NRW.BANK is now also in this category and is taking direct action: an employee of the new member company has been working on the InsurLab Germany Campus in Cologne since the beginning of April.
The strategy consultancy BÜLOW & QVARTZ completes the quartet of management consultancies at InsurLab Germany. The association was able to win over the Research Centre for Insurance at the University of Münster as an additional educational institution. In addition, the innovative technology provider Amazon Web Services from Berlin and InsurTech Startup mailo AG from Cologne now complement the member portfolio. Thus InsurLab Germany starts the new business year with 52 members.

Expansion of the network by a strong FinTech partner and an international InsurTech association

For the first time FinLeap from Berlin presented itself as a new strategic partner to the members of InsurLab Germany. FinLeap is a company builder specializing in the financial services industry with the goal of helping entrepreneurs build sustainable, customer-focused and technology-rich businesses. CEO Ramin Niroumand's team of experts offers an integrated development platform for start-ups, best practice processes, extensive expertise in the financial services sector and access to top talent, which is now also made available to the members of InsurLab Germany. In less than four years, FinLeap has already successfully brought 15 companies to market including the digital insurance broker Clark, the digital insurance platform ELEMENT with its own BaFin licence and Perseus, a cyber security club for SMEs.

In March InsurLab Germany joined the Global InsurTech Alliance (GITA). GITA was founded to promote cooperation between InsurTech ecosystems worldwide and to coordinate the activities of the individual countries and maximise their impact. Other members of GITA are FintechNZ, Insurtech Australia, InsurtechAsia, Instech London, Insurtech Ireland, Insurtech Lab Munich.

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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 



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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