This story by Web Editor Joe Cooper originally appeared in the Hartford Business Journal April 19, 2018
Five global insurance technology startups have inked pilot agreements with Hartford and national leading insurance companies.
The companies secured the partnerships through the Hartford InsurTech Hub accelerator program operated by London-based Startupbootcamp, which hosted its first Demo Day Wednesday at the Bushnell Theatre.
The three-month accelerator program, housed in Upward Hartford’s coworking/incubator space downtown in the Stilts Building, began in January to attract new talent and technology to the Capital City. The program serves grow businesses it works with while also benefiting area insurance companies that can employ the startups' technology.
Among 10 startups featured at the event, five notched demo agreements with Hartford health insurer Aetna, Travelers Cos. Inc., The Hartford, Crawford & Company, USAA, and White Mountains. Meanwhile, several committed to relocating to Hartford.
The startups securing partnerships include:
Aureus Analytics: The India-based analytics company provides a platform to enhance customers' experience.
Boundlss: The Australia-based startup offers artificial-intelligence software that helps insurers attract, reward and retain health members.
Rozie Al: The U.S.-based startup offers an artificial intelligence platform designed to personalize customer engagement and business intelligence solutions for businesses.
SecureHome: The U.S. company provides cyber network security systems for smart homes.
ViewSpection: A U.S. startup offering an app and web platform allowing policyholders to manage their property inspection and deliver detailed, interior property survey to an agent or carrier.
Participating startups have also engaged the local business community and hired students from the University of Connecticut as interns during the accelerator program. Other local universities have launched InsurTech courses as a result of working with the program.