🎉 Drumroll, please! 🥁 We are beyond excited to introduce the first 5 of our Top 100 Western Resilience Solutions for the 2024 QBE Insurance #AcceliCITY Resilience Challenge! These groundbreaking startups are leading the way in innovation and resilience, and we couldn't be more thrilled to embark on this journey with them. 🎉 Congratulations to Agora World: https://www.agoraworld.io/ Airbuild Inc: https://lnkd.in/eQ2gH3Nq Biostra: https://www.biostra.pl/ BitaGreen: https://www.bitagreen.io/ Blue Dot Motorworks : https://lnkd.in/eEs4rmnV 🎉 A huge congratulations to these incredible teams! We can't wait to see the amazing things you'll achieve as part of the AcceliCITY family. Together, we're building a smarter, more resilient future. 🌟🌆 #SmartCities #Innovation #Resilience #FutureForward #Top100
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🚀 Exciting News! 🚀 We are thrilled to announce that Green The Chain has been selected as one of the top 100 global finalists in the prestigious AcceliCITY 2024 cohort! 🎉 This incredible recognition underscores our commitment to revolutionising sustainable procurement and making it easier for businesses to make eco-friendly choices. At Green The Chain, we bridge the gap between sustainably-minded buyers and environmentally focused suppliers, simplifying the path to a greener supply chain. Being part of AcceliCITY's 2024 cohort is a significant milestone for us. This opportunity will allow us to further enhance our platform, connect with forward-thinking innovators, and accelerate our mission to empower businesses globally to source sustainably and reduce their environmental impact. A huge thank you to AcceliCITY for this honor, to our dedicated team for their relentless hard work and passion, and to our supporters worldwide. Together, we are driving meaningful change towards a sustainable future. Stay tuned for more updates as we embark on this exciting journey with AcceliCITY! #AcceliCITY2024 #GreenTheChain #SustainableProcurement #EcoFriendly #TechForGood #SustainableDevelopment #CommunityInclusion #BusinessInnovation
Big news! We are thrilled to welcome the 2024 cohort into the QBE Insurance #AcceliCITY Resilience Challenge family! 🎉 This year, 100 innovative startups from around the globe will embark on an incredible journey with us, gaining invaluable insights, securing funding, and accessing unparalleled networking opportunities. Our participants are looking forward to: 🔹 Exclusive insights from industry experts and city leaders 🔹 Access to significant funding opportunities to propel their solutions forward 🔹 Membership in LaunchPad 11, offering extensive resources and support 🔹 Countless networking opportunities with peers, investors, and urban innovators At Leading Cities, we are dedicated to fostering a resilient and sustainable future. We can't wait to see the amazing progress and impact these startups will achieve. Welcome to the AcceliCITY family, and let’s create a brighter tomorrow together! Discover more at https://lnkd.in/eWsJvP2 A big thank you to our valued partners including QBE North America and Australian Red Cross Humanitech, which kick-started the new Humanitech track, delivered in collaboration with the Global Disaster Preparedness Center (GDPC) – supported by the American Red Cross and International Federation of the Red Cross and Red Crescent Societies (IFRC).
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Attention Brokers - looking to understand more about what Insurtechs are out there and how they are looking to support you and your businesses? Come along to the Insurtech Australia event Insurtech Empowering Brokers. We'll be there, so come and say hi! #insurancebrokers #insurtech #insurancemarketing #brokertech
This broker-focused event is just around the corner! We’d like to thank DLA Piper for collaborating with us – it’s a fantastic opportunity for those present to hear from leading insurtech experts on technologies shaping the future for insurance brokers and distributors. Apart from the panel discussion, this evening also brings together industry-changing startups and entrepreneurs with a desire to innovate and harness technology with insurance brokers desiring to better serve their clients' needs – including Insurtech Australia members Advisr , Blue Zebra Insurance, Digital Experience Labs, Entsia, e5 Workflow, Honey Insurance, InsureMO, JAVLN, Kanopi, LeapForward, Red Planet Software, SafetyCulture Care, uBind and Zemble. Don’t miss out - tickets are limited! Register here: https://lnkd.in/gBFsAu6T Simone Dossetor Anna Cranney Carolyn Johnston Lawrence Roqueza Vanessa Dobson Skye Theodorou Jamie Smith James Orchard Tetiana George (梅玉瑛) Daniel Fogarty #insurtechaus #insurtechs #insurance #brokers #agencies #startups #scaleups #founders #technology #ai #digital #collaboration #innovation #entrepreneurs #opportunity #networking #event #sydney #distributors #insurancebrokers #insuranceagents
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#itcvegas2023 Panel Discussion: Investing in the Future: The Role CVCs Play in Accelerating Innovation in Insurance. Thanks to panelists James Orchard from QBE Ventures, Debbie Brackeen from CSAA Insurance Group, a AAA Insurer, Carsten Middendorf from Allianz X, Jonathan Soberg from MS&AD Ventures and moderator Andrew Lerner from IA Capital Group for an interesting discussion on their relationships with Insurtechs. Although capital is an important factor, it’s not the only one – collaboration benefits both sides, often leading to growth and policy change for carriers and access to mentors, support networks and education for startups. Simone Dossetor Lawrence Roqueza Carolyn Johnston Vanessa Dobson Daniel Fogarty Tetiana George (梅玉瑛)Skye Theodorou Jamie Smith Codafication Covertech Australia daisee handdii Evari MRTY Kanopi Red Planet Software Simfuni Reask #insurtechaus InsureTech Connect #insurtech #insurance #innovation #collaboration #mentors #capitalfundraising #support #partnerships #networks #growth #event #vegas
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🚀 We're looking back at a groundbreaking partnership! Otonomi and Redkik, once finalists in our startup competition, now lead the charge in transforming logistics risk management. This duo closed a massive $50 billion #protectiongap in the #timecritical freight sector. 🏆 And the accolades don't stop there! Both were featured in the esteemed #Forward50 Americas report by Sønr Global, showcasing the most promising emergent insurtechs in 2023. Their November achievements alone set high expectations for what's next! 🌟 Are you poised to revolutionize InsurTech? Apply to this year's competition by the February 5th deadline! Application link in the comments. Got an InsurTech founder in your network? Tag them below. #InsurTechInnovations #IndustryPartnership #ITNY
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Plug and Play Partner, Eugenio Gonzalez will be speaking at Insurtech Insights on June 6th from 12:10 - 12:50 PM, on the Blue Stage. Join the session on “Mind the Gap: Bridging the Insurtech - Carrier Divide” . Hemant Sarma, Ryan Cole, Sean Madgett, Eugenio Gonzalez, Calvin Yeung(moderator) divulge how culture alignment plays a critical role in any partnership roadmap. "To thrive in 2024, striking the correct partnerships is critical. An essential part of building successful partnerships lies within aligning the different cultures of incumbents and insurtechs. Nimble, fail fast minded insurtechs often differ from their more cautious process driven counterparts. Failure to address this gap and partners risk not optimizing tangible and intangible ROI." #ITIUSA2024
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Insurtech Australia’s Investor Event, a collaboration with Investment NSW and Stone & Chalk, is only a couple of weeks away! Whether you’re an investor, an insurtech or an interested insurance industry participant, you can register here: https://lnkd.in/gKhmGAkg Insurtech represents a massive $7 trillion opportunity but faces challenges in attracting external capital in Australia. The Insurance industry is at the forefront of #climatechange and #technology advancements by providing immediate financial relief to customers and finding ways of mitigating new risk efficiently. Most of the #innovation is driven by #insurtech - a diverse sector encompassing #proptech, #regtech and #medtech amongst others. During this event, our panel of investors and insurtechs will: - Dispel common investor myths about insurtech investment obstacles - Draw the "big" picture of what falls under the "insurtech" definition - Simplify industry jargon and provide a simple and comprehensive view on the opportunity Panellists include: Tetiana George (梅玉瑛)CEO and Co-Founder at Curium App Jayden Basha, Investment Principal at Investible Claire Bull, Head of Ecosystems at Rainmaking APAC Derek Feebrey, CEO at Trendspek | Precision Asset Intelligence Francoise Gelbard, Co-Founder Head of Business Development & Strategy, HumanableCX Come along and find out more! We're looking forward to seeing you at this in-person Sydney event. Simone Dossetor Lawrence Roqueza Carolyn Johnston Vanessa Dobson Daniel Fogarty James Orchard Jamie Smith Skye Theodorou Jacqui Duncan Sung Kim #insurtechaus #insurance #innovation #members #partners #founders #startups #scaleups #investor #investors #investment #growth #opportunity #australia #sydney #event #discussion #risk #capital
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Don't miss out on the fantastic, InsurtechLIVE 24 conference! A panel discussion on how Insurtech can help tackle challenges in the evolving risk environment is just one of the exciting items on the agenda. Follow the link in the post below for full details and to register. Deborah Young Alison Shapiera Carolyn Johnston #RegTech #RegTechMatters #RegTechGlobal #Insurtech #insurtechlive24 #risk
InsurtechLIVE 24 Tuesday 13th February 2024, Doltone House, Jones Bay Wharf, Sydney PANEL DISCUSSION: Insurability Challenges – How can Insurtech help address challenges presented by the changing risk environment? InsurtechLIVE 24 gets underway with this first topical agenda item! Join us as Karen Stephens from BCYBER moderates a lively discussion with Jun Ho Bae from Tenity, Ben Qin from Descartes Underwriting and Fair Supply’s Kimberly Randle. Thanks to Principal Sponsor EY and Insurtech Market Growth Partner Investment NSW for their support of this event. With only 3 weeks to go, make sure to organise your ticket in time! The link to full event details and registration is here: https://lnkd.in/gVcw6bsc Please contact us at hello@insurtechaustralia.org with any queries. Simone Dossetor Lawrence Roqueza Carolyn Johnston Vanessa Dobson James Orchard Sid Baidwan Tetiana George (梅玉瑛)Lisa Woodley Peter Williams Paul Bloxsome Suzanne Mooney e5 Workflow Grappler Entsia RegCentric Reg360 SSP Limited Hamilton Locke Finity ARNIE Motor Claims QBE Ventures Assetinsure Pty Ltd Correlation Risk Partners Unqork #insurtechLIVE24 Curium App #insurtechaus #insurtech #fintech #regtech #proptech #innovation #collaboration #technology #startups #founders #scaleups #members #partners #event #sydney #conference #discussion #panellists #agenda #risk #challenges #solutions
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It's that time of the year again 🥁 Ahead of releasing our yearly report on the state of InsurTech Europe, we're happy to share with you that overall, €700m were invested in InsurTech startups across Europe this year. How does that compare with a year before or with the long-term trend? Which parts of the market (maturity, value chain, business lines) were the most active? What should we expect next in insurance innovation? We'll share our in-depth analysis early next year. Hence, make sure to attend our online conference (register via the link in the comments below). 🔥 And if you'd like to get the full report when it is available, leave a comment (ask a question you'd like us to cover in the report ; tag a colleague who should have a look at it too ; or just say 'hi'). #insurance #insurtech #venturecapital
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Business leaders call me to build credible businesses (strategy, ops, finance, exec team effectiveness) in the middle of great change | Ex Target & SAP | Current fractional startup COO
Worth any corporate innovator’s read. 👇 Innov8rs’ picks are always worth it. There’s precious little good reporting on our space. Makes me happy when folks like Innov8rs.co put consistent effort into high-quality output. Some interesting stories again this time, including by Elliott Parker on effective #innovationgovernance priorities for #chiefinnovationofficers and #cfos.
For your weekend reading list... here's what's been included in yesterday's [i8upd8] 🦓 At Zurich Insurance Group, the Zurich Innovation Championship is essential to harnessing the power of startups. Rather than looking for unicorns which prioritize growth at all costs, Zurich prefers a stripier alternative- the zebra; balancing profitability with sustainability, as Mattia Visigalli outlined > https://lnkd.in/eVXVCKM8 👩🔬 Traditionally R&D budgeting has been driven by historical data and centralized decision-making. Siemens Energy explored different budgeting strategies, including R&D intensity, peer benchmarking, and aligning the budget with capabilities and ambitions, as Tobias Gutmann & Oliver Hirschfelder explained > https://lnkd.in/eCP3rKPs 🗞 Some companies are moving away from the idea that stand-alone startup-style labs are the best way to drive innovation. The best ideas come from within the business, these companies say > https://lnkd.in/gh5Dum-i 🍀 Despite a multitude of initiatives in cross-sector collaboration and open innovation, businesses still struggle to support the development of game-changing ideas. Start by recognizing an important truth: innovation is about more than an idea—it is a long, collaborative journey > https://lnkd.in/de4BADaR 🚙 Speed is today's core mandate for innovation teams across companies and industries. ITONICS's Fabian Reck explores with Innov8rs Community member Roman Šiser how Škoda is winning the race against increased market pressure and the need for speed > https://lnkd.in/eGfgfA34 🧠 The idea that variation or volatility must be removed from companies for effective operation is unsound because it constrains ingenuity, says Elliott Parker. The secret to resilience lies in creating systems that enable large-scale, big-magnitude correctness but also frequent misses > https://lnkd.in/eN35r_D7 🌐 Here's Lior Weizman explaining and positioning the most common tactics to foster innovation, external innovation, internal innovation, and investments, within a four-quadrant model, which classifies them based on their time-to-impact and the nature of their innovation—from functional to strategic > https://lnkd.in/eAJu7c2p 💸 It is too easy to rail against short-term CFO budget cutting without having considered some alternative explanations. There are at least two other good reasons why Walmart might have decided to close Store 8, says Andrew Binns > https://lnkd.in/e8QuYtvt #corporateinnovation #innovationmanagement
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Strategic Account Management | Business Development | Insurance Technology | Intrapreneur | DEI Advocate | LinkedIn Content Creator | Proponent of Purpose
Is the Insurtech Dream Fading? We've all seen the headlines: Wefox, a major German insurtech, on the brink of insolvency without a funding lifeline. This isn't an isolated incident. The once-booming insurtech sector is facing a reality check. Here's why some insurtechs are struggling: #Funding slowdown: Venture capital is drying up, with total insurtech investment dropping 50% in 2022 [BCG report on insurtech funding decline]. Investors are demanding proven business models and profitability, not just disruptive ideas. #Unsustainable growth strategies: Focusing solely on rapid customer acquisition with low premiums can lead to a house of cards. Insurtechs need to find the right balance between growth and financial sustainability. #Legacy giants fight back: Traditional insurers are waking up to the digital revolution. They're investing in technology and improving customer experiences, making it harder for pure-play insurtechs to stand out. So, is insurtech dead? Absolutely not! There's still massive potential for innovation in insurance. The key for insurtechs now is to: 🔸Demonstrate a clear path to profitability. 🔸Focus on solving real customer problems, not just offering the cheapest policy. 🔸Partner with established players to leverage their reach and expertise. 🔸The future of insurtech will belong to those who can adapt, innovate, and build sustainable businesses. What are your thoughts on the current state of insurtech? Let's discuss in the comments! #insurtech #innovation #financialservices #Funding #Challenges
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