Sydney, 26 April 2018 – Stone & Chalk today announced the seven insurtech startups to take place in its inaugural Insurtech accelerator, backed by EY, Hall & Wilcox, QBE & TAL.
The six-week accelerator has been designed to help startup and scaleup businesses address real business problems identified by program partners – with the goal of creating new business and growth opportunities through commercial collaboration.
Over six weeks the selected participants will work closely with senior executives and product leads from the program partners to evolve their existing solutions with the aim of securing a commercial engagement. Areas of interest include identifying insurance claim fraudsters, making insurance documents more user friendly and sharing of data to create a fairer value exchange.
Alex Scandurra, Stone & Chalk CEO said: “We are excited to be launching a bespoke accelerator for the fast emerging insurtech space. By starting with the real industry problems of our program partners and matching them up with startups, we believe we can significantly reduce the time to commercialisation for startups whilst providing our corporate partners with access to leading edge innovation that can be implemented immediately.”
The seven startups selected for the Stone & Chalk Insurtech Program are:
Codafication (codafication.com): cutting-edge technology platform provides your company with a sophisticated set of applications that reduce risk, delays and costs associated with project management and distributed workforces.
Knowledge Global (knowledgeglobal.com): has proprietary technology which allows a consumer to upload their latest bill and get a personalised comparison in seconds.
Perx (perxhealth.com): reminds, educates and monitors a user’s medication regime, but most importantly gives them the opportunity to earn rewards every time they stick to their schedule.
Riskflo (riskflo.com): a discovery collaboration platform which enables genuine participation of risk stakeholders.
Rundl (rundl.com): an open platform for the delivery and consumption of professional services in real estate, government, health and more.
Understando (www.understando.com): Enhancing consumers’ pre-purchase understanding of insurance.
Wordflow (wordflow.info): aggregates, converts and enrichs content for a web and mobile world – making it immediately available to the right people at the right time, on the platform of their choice.
The Stone & Chalk Insurtech accelerator launches today and will culminate in a closed Demo Day where the startups will pitch to program partners on 28 May 2018.
For more information go to: http://insurtech.stoneandchalk.com.au/
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