From FinTech to Health: InsurTech Hub Munich kicks off brand new Innovation Programme

InsurTech Hub Munich is thrilled to announce the startups joining the 2020 batch of the ITHM Innovation Programme.

The ITHM team awaiting the Innovation Programme participants.

“Insurance applies to basically any part and stage of our lives”, says Ben Shaw, InsurTech Hub Munich’s (ITHM) Director of Programmes & Strategy, introducing the brand new Innovation Programme. “We strive to institute a broader perspective on relevant fields and solutions for the industry, which means embracing FinTech as well as Health, Process Automation, HR Tech or technologies such as AI”. 

Ben Shaw, Director Programmes & Strategy

Shaw explains: “ITHM can build upon a legacy of four highly successful insurtech accelerator batches. Since the last programme in 2019, our network has grown significantly and become more diverse, which is a major advancement for everyone involved. We’re accommodating to this by selecting 40 startups which offer incredibly broad applicability.”

Different to prior ITHM accelerators, the three-months long Innovation Programme gives participating founders and their counterparts – insurance experts, investors, experienced entrepreneurs and cross-industry professionals– more time to dive deep into best practice entrepreneurial frameworks and accelerating the road toproduct/market fit. 

The ever-growing interest in ITHM’s offerings – two weeks earlier the hub launched the “Collab Initiative” for scaleups – also translates into figures: „We have interviewed over 1,000 entrepreneurs from more than 20 countries in the past weeks and months. Our selection process was highly competitive, finally narrowing down the batch to 40 startups that fit best to the requirements of our partner companies and will really make a difference”, explains Shaw. ITHM and its collaborator WERK1 act as facilitators for all stakeholders, providing concierge business development as well as post programme perks and benefits.

Right after kick-off on February 20, the startups will enter a two-week customer development sprint at WERK1, Munich’s most startup-friendly place. Following are two rounds of business development, mentoring sessions, investor week and offsites. The best teams will pitch on May 14 at Demo Day. Shaw points out: “We’re excited to add another 40 teams to the powerful ITHM alumni network”, which already consists of more than 65 startups from prior batches.

Text: Markus Walter

These are the 40 startups participating in Insurtech Hub Munich’s 2020 Innovation Programme (in alphabetical order):

Air Doctor (Israel): Connecting travelers to local doctors all over the world

Amplitude (Germany): Cash Flow management tool for B2C customers

Anansi Technology (UK): Zero admin insurance for e-commerce merchants

Bdeo (Spain): Visual intelligence for the insurance industry

Bewica (UK): Cyber protection for SMEs (UK): The payment platform for your car

Chatvisor (Austria): Customer service and customer experience analytics platform

Convaise (Germany): Helping institutions simplify their bureaucratic communication processes

Curiosity (Germany): Enterprise AI tools for unstructured data

Emmora (Germany): The first digital platform for the topic of end of life

Fusionbase (Germany): A data hub for external data

ICO-LUX (Germany): Fraud Detection and A.I. based authentication of documents

Interviewer.AI (Singapore): Default interviewing platform for customer-facing roles

It’s my data (Germany): A personal data ecosystem for everybody

Mietwise (Germany): Building digital payment solutions for real estate

mybeepz (Germany): Hardware and app to increase adherence – effortless and seamless (UK): The Science behind the appliance

NeoSound Intelligence (Netherlands): Turn emotions into data! AI tech company providing call centres with speech analytics solutions

Nui Care (Germany): Intelligent care assistant for family care givers

Ocell (Germany): Generating aerial imagery and building analytics on it for deep insights

Papaya City (Germany): Empowering anyone to sell or buy a home in the most transparent and fair way

Parloa (Germany): Enabling enterprises to use best in class conversational AI

Pathmate Technologies (Germany): Personalized digital health coaches for chronic diseases

Peregrine Technologies (Germany): The next generation of real-time traffic video analytics

Pyoneer (Germany): Product Management SaaS with AI-powered insights from customer feedback

qbound (Germany): Secure and Transparent Access Management

Rehago (Germany): Virtual reality application for half-paralysed patients after stroke

Robin (Israel): White-labeled SAAS pension and insurance app

Shleep (Netherlands): B2B digital sleep coaching company 

Sitata (Canada): Keeping your travels worry-free with real-time intelligence and assistance

Stornest (UAE): Digital legacy planning tool 

Supportomate (Israel): Developing an autonomous call-center rep for enterprises

Testifi (Germany): Optimisation of software delivery processes

Thryve (Germany): The single health API

True Flood Risk (USA): Global property-level data & geo-location intelligence for flood risk

Vitadio (Czech Republic): Preventing and reversing T2 diabetes by scaling human support with technology

Vitomy (Germany): An app coaching people with digestive problems to change their lifestyle

Wetterheld (Germany): Don’t be afraid of bad weather. We protect your business! (Germany): An app motivating and rewarding people for a healthy lifestyle

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