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Plug and Play Selects 25 Insurtech Startups for Winter Batches

Global innovation platform Plug and Play has selected 147 new startups into their winter 2020 batches, including 25 insurtech startups. The startups were selected to join one of the following programs that will run through November 2020: EnergyFintechHealthInsurtechInternet of ThingsMobilityReal Estate & Construction, and Travel & Hospitality. Of the 147 startups, 56 of them are internationally based and represent 15 different countries. 

The insurtech "Batch 9" are:

Accern – Accelerates AI workflows for enterprises with a no-code development platform. View their Website >

Agara – An autonomous voice conversation agent powered by Real-time Voice AI. View their Website >

Artificial Labs – Machine learning enabled insurance software solutions along the entire value chain. View their Website >

Brightside – An employer-based financial care solution that combines financial assistants, smart technology and innovative products. View their Website >

Bubble Insurance – Makes life insurance accessible & ubiquitous by making it a no-brainer for home buyers/owners to purchase it seamlessly bundled with home insurance as a natural part of their home/mortgage transaction, leveraging proprietary analytics and digital processes. View their Website >

Cake – Is the digital platform for mortals: we make it easy to create and share your end-of-life plans and documents securely in the cloud. View their Website >

Conservation Labs – enables cost effective and sustainable water use with our smart water technology, H2know. View their Website >

Describe Data – Analyses underwriting data for complex insurance risks, specifically for financial lines. We empower underwriters by providing key risk insights, allowing them to model scenarios and to assess portfolio impact. Our “Bionic Underwriting” approach delivers real value. View their Website >

Ecopia.AI – An artificial intelligence company specializing in extracting insight from geospatial big data. View their Website >

Even Financial – The leading search, comparison, and recommendation engine for financial services. View their Website >

Flareless – A predictive wildfire analysis platform. We work by surveying static and dynamic variables, generating a mapping and warning of areas with the highest fire risk, we identified these areas 5 days before the fires.  View their Website >

Friss – Pro-active fraud detection. View their Website >

HearMe – Allows the user to anonymously connect with an empathetic HearMe Listener. View their Website >

Hyperscience – Leveraging machine learning, Hyperscience helps organization to automate document processing (IDP) with both speed and accuracy. View their Website >

Kit – Contactless at-home kit replacement for the insurance medical exam. View their Website >

Monk AI – A software solution that evaluates any item's condition based on its visual aspect thanks to AI & computer vision, with a first focus on mobility & insurance. View their Website >

Nuralogix – Take a selfie, know your healthie™! Using our technology, we have developed the world's first smartphone app that can measure your blood pressure and other physiological measurements that are important for general health and wellness.View their Website >

Pluto – All your health records, in one place. View their Website >

PolicyDock – Turnkey Platform-as-a-Service (PaaS) solution for insurers to enable digital distribution, automate their workflows and augements their current core legacy systems. View their Website >

Rene – We provide companies the tools they need to keep their employees safe and healthy on their journeys. View their Website >

Safekeep – Identifies claims with recovery potential and predicts recovery amounts by applying NLP on adjuster notes and by executing regulatory, line of business, and special handling business rules. View their Website >

The Climate Service – The Climate Service provides climate analytics to help financial firms, companies, and communities measure and manage the financial risk from climate change. View their Website >

UnderWrite – Exists to make underwriting easy for insurance carriers and agents. It does so by aggregating business operations information of prospects for insurance professionals to use in writing insurance policies. Data enables better underwriting! View their Website >

Urban Sky – Near space micro-balloons for fresh, high-res data over urban area. View their Website >

Vero – Vero Intelligence is a mission driven company enabling everyday people and advisors to manage risk and insurance smarter. View their Website >

"We are excited to start our winter curriculum and see the connections these startups make," said Saeed Amidi, Founder and CEO of Plug and Play. "These companies have shown their potential in the industry and have proven that they are ready to take on the challenges that come with it. They will bring new value and ideas to our existing network of partners and industry leaders."

With the lasting constraints of COVID-19, Plug and Play will continue to operate virtually. Nonetheless, the selected startups will still have full access to Plug and Play's global network of venture capitalists, corporate partners, and alumni. This will allow startups to grow, connect, and engage with some of the top industry leaders. The curriculum will include private one-on-one sessions with partners, mentorship, and access to exclusive online events hosted by Plug and Play.

A virtual graduation for this batch of startups will commence November 16-19th at Plug and Play's Winter Summit.

About Plug and Play

Plug and Play is a global innovation platform. Headquartered in Silicon Valley, we have built accelerator programs, corporate innovation services, and an in-house VC to make technological advancement progress faster than ever before. Since inception in 2006, our programs have expanded worldwide to include a presence in over 30 locations globally, giving startups the necessary resources to succeed in Silicon Valley and beyond. With over 30,000 startups and 400 official corporate partners, we have created the ultimate startup ecosystem in many industries. Companies in our community have raised over $9 billion in funding, with successful portfolio exits including Danger, Dropbox, Lending Club and PayPal. For more information, visit https://www.plugandplaytechcenter.com/

 


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