QBE partners with Insurtech program
QBE today announced a partnership with fintech hub Stone & Chalk to take part in its inaugural Insurtech Program 2018, which engages tech startups to solve customer-specific business problems.
The program focuses on bringing innovation from the outside-in, and provides solutions to pre-determined problem statements.
The partnership aligns with the global insurer’s strategic commitment to innovation and being a more customer-centric organisation.
Startups are invited to respond to the problem statements in an application. If chosen, they’ll then attend a Bootcamp and Accelerator phase, culminating in a final pitch day in May where they showcase their solutions and receive feedback from their matched corporate partner.
QBE’s involvement is part of a wider focus on innovation, establishing a dedicated venture capital arm and committing a US$50 million investment in Insurtech initiatives across four countries, to make pricing improvements and gain better insight into customer buying habits.
While Insurtech Program 2018 gives QBE and the other corporates access to outside-in solutions to bespoke business problems, the startups will benefit from technology support, introductions to key decision makers and insight that will help them fast track project approval. The program also introduces the startups to a broader, global market.
QBE is joined by Hall & Wilcox and TAL as corporate partners of the Insurtech Program 2018.
For further information please contact:
External Communications Specialist – QBE Corporate Communications
Phone: +61 466 028 302