Global IT company DXC Technology has announced the winners of the DXC SpringBoard insurtech competition, a national event which aims to foster the growth and innovation of Australian start-ups in the insurance sector. The competition was launched in December 2017 in collaboration with fiStone & Chalk, and involved late-stage start-ups that pitched their solutions to a judging panel consisting of representatives from DXC, Stone & Chalk, IAG, AIG, and Suncorp.
The winners, presented with the cash prize and a trophy at DXC’s ‘Thrive on Change’ Insurance Industry Conference in Sydney. Congratulations to Mapcite and Guroos for wining their respective categories!
- MAPCITE: Ian Haynes – MAPCITE developed a data-enriched risk pricing, assessment, and accumulations management platform that will provide brokers and underwriters with real-time map visibility into their policy accumulations, perils risk data, and claims history, across their entire book of business globally.
- GUROOS: David McCahery and Michal Rames – GUROOS offers a platform to create, distribute, and measure dynamic personalised interactive videos (DPIV), a new video channel that extends existing Customer Communication Management (CCM) platforms.
Stone & Chalk’s CEO Alex Scandurra said he is encouraged to see an increasing number of organisations recognise the opportunities that working with startups can bring when done properly. “The way in which we are bringing our corporate partners and startups together isn’t about innovation theatre; it’s about solving real business problems and commercialising opportunities for both parties. This first pilot with DXC is proving that by smartly combining the best of both worlds, teams can get new propositions to market faster, cheaper and better than they ever could separately.”
The judging committee has acknowledged that it was an extremely tough decision to name the two winners. Several other teams came extremely close to taking it out, but alas they could only pick one winner from each category.
Full press release here.