On a new website, Insurtech startups can become part of an interactive map that aims at fostering connections and collaboration in the industry. A well-done concept; take a look.

Insurtech is the intersection of insurance and technology. Especially digital tools today make insurance processes easier and faster for businesses and customers. The industry is growing fast, and it’s easy to lose the overview.

That’s what the new website insurtechmap.eu has set out to change. Showcasing more than 140 Insurtechs in Switzerland, Liechtenstein, Germany, and Austria,  it aims at connecting the ecosystem, increase its visibility and empower stronger collaboration.

Mapping the industry

The launch of the Insurtech Map was a joined project of the House of Insurtech Switzerland (HITS), F10 , and Kickstart. The initiative has been co-sponsored by Generali, Swiss Life Labs, and Innopeaks.

Andreas Iten, Co-founder of F10, explains, “The Insurtech Map is closely aligned with F10s mission to empower collaboration in the ecosystem to shape the future of banking & insurance. We are excited to launch this dynamic and growing platform providing much-needed visibility in the Insurtech space together with HITS and Kickstart.”

‍The Insurtech Map is a virtual and interactive place to provide an overview of startups in the space and relevant, innovative solutions across the insurance value chain. It’s also meant as a guide for corporates and investors to find innovative startups.

Ruth Armalé, Head of Open Innovation at HITS, explains, “Due to the current lack of reliable data and information on incorporated startups in the Insurtech space, there was a need to create a dynamic and dedicated space to provide visibility for these innovative companies”.

It has taken the creators several months to identify and validate the startups included in this first release of the Insurtech Map. New startups will be added quarterly. In the long run, startups in the DACH region and all over Europe will be included.

Just one Liechtenstein-based startup

So far, there is only one entry by a Liechtenstein-based company, which is prosperity brokershome. More businesses should join. To submit a startup, you can visit the website and fill out the form with the required information. Once the startup is successfully submitted, the team behind the Insurtech Map will review the application. The application form only asks for a few basic details.

If the application is successful, the startup will become part of an interactive map where website visitors can filter for companies, locations, technology, value chain, business line, and insurer type. Once the user selects a startup, he or she can view the basic information about the startup.

It’s a fantastic idea that should find more supporters. Take a look and sign up if you are active in this space. Who knows, maybe it will help you find new investors or business partners. It certainly can’t do any harm, and submitting your startup takes just 5 minutes.

Image: ©Shutterstock