No less than 75 startups applied at the InsurTech Hub Munich for W1Forward InsurTech Accelerator’s 3rd round. In April, the teams with the most promising ideas presented themselves to a committee of founding members of InsurTech Hub Munich:
The W1 Forward InsurTech Accelerator was launched in 2015 by leading insurance companies to drive sustainable innovation in the insurance space and to change the industry for good. The tailor-made program helps startups validate their business models and develop market-ready products or services during an 8-week intensive program. In its third batch, nine startups from Germany, Austria, Slovakia, USA, India and Australia have been selected. The teams use the WERK1 infrastructure and work hand in hand with renowned coaches, mentors and partners in order to gain a foothold in the German market.
With the complementary funding programs, W1Forward InsurTech and Insurtech Europe powered by Plug and Play, InsurTech Hub Munich is expanding its position as European epicenter for innovation in the insurance sector.
Here you can find more information about the selected teams of the W1Forward InsurTech program:
E-bot7 is developing a chat-based KI solution to support customer service and enhance the customer experience.
twingz creates software that detects anomalies of energy detect household flux and minimize or prevent fire and water damage based on predictive analytics.
Kruzr offers an AI-based driving safety app to reduce the distraction of mobile terminals while driving.
Freya is working on a business model that supports women and couples in their decision to start a family.
claimspace digitalises and automates the claims process from the perspective of the customer.
DOCYET develops intelligent assistance services for patients and offers an app that interacts with patients through speech processing.
Blinkin is working on a live video streaming platform to process customer claims faster and more targeted.
MedPayRx is working on a blockchain-based recipe platform that links different stakeholder networks.
Prewave uses Artificial Intelligence to predict insurance loss events based on global social media and news media streams.