Another update about some of the insurtechs we had on stage during previous DIA editions. We don’t let just anybody show&tell their solutions. They have to go through a thorough selection process, so we can make sure that what you see on stage is truly worth your attention.
This also works the other way around. It helps the insurtechs to further their development and increase their growth opportunities.
You can imagine our excitement when we realized there are so many success stories that we have plenty to share with you! Check out Life After DIA!

New Barcelona Health Hub
Located in the amazing Sant Pau Art Nouveau Site is the newly created Barcelona Health Hub. The Hub connects startups with big companies in the pharmaceutical industry, insurance companies and other organization that apply new technologies in the field of health. Occupying over 2000m², the hub is an important part of the health ecosystem of Sant Pau and aims to position Barcelona as the European capital of the emerging digital health sector. Extra exciting news: DIA is a proud partner of Barcelona Health Hub – which totally fits our idea of helping to build ecosystems that transcend industry boundaries.

Freshen up your Spanish and click here to read more.

Great funding news for Mediktor and Kruzr
Startup Kruzr has raised $1.3 million (€ 1.15 million) in a first round of seed funding led by Indian venture capital firm Saama Capital. They will use the fresh funds to grow the technology team, scale up the product, and expand business in Europe and the UK.
“The DIA platform gave Kruzr clear visibility and helped us seal the deal”, says Pallav Singh, co-founder and CEO.

More good news: Barcelona-based Mediktor, which makes an app- and web-based symptom checker, has raised $3.46 million (€ 3 million) to support its continuing expansion into the US market. They are on top of the ranking in the Spanish health funding sector.

Congratulations to both!

Click here to read more about Kruzr and here about Mediktor

Digital Fineprint and Euler Hermes: a Great Example of Large Incumbents and Rapidly Scaling Insurtechs Working Alongside
We selected Digital Fineprint for DIA because of their ground-breaking technology helping insurers to gain new customers and new data points. Their technology proved successful indeed. They are currently working with Euler Hermes’ Digital team based in Hong Kong to enhance customer profiles, and identify the most profitable niched in their market.

Click here to read more

TrueMotion, Penn Medicine, and Progressive Insurance to investigate strategies to reduce distracted driving
TrueMotion provides the world’s leading smartphone driving data platform and announced it will work with Penn Medicine and Progressive Insurance to investigate strategies to reduce distracted driving. Together they will focus on the effects of distracted driving interventions. Eight of the top 20 US insurers and leading insurers in Canada and Europe already rely on TrueMotion technology.

Click here to read more

Synechron Singapore launches a hub in APAC
Insurtechs launching hubs is turning into a trend. Synechron recently inaugurated the Singapore FinLab and saw a huge wave of client visitors in the first week alone. Soon after, Synechron hosted its first FinLab Day in Singapore, attended by 50+ clients to support the expanded presence and capabilities in the APAC financial services market and further the investment in the region, Synechron will expand the 50+ strong team in the region, bringing global expertise from other markets to Singapore, and also sharing Singapore-led initiatives globally.

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TM Insurance Selects Roost Home Telematics
Roost, a leader in Home Telematics for property insurance carriers, today announced it has partnered with Iceland’s TM Insurance, a customer service leader and market innovator. In a strategic agreement reached to increase member engagement as well as reduce claims costs, TM Insurance will offer a free Roost Smart Water Leak and Freeze Detectors and a Roost Smart Battery to select new and existing policyholders.

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Prenetics is First Hong Kong Firm to Take Genetic Test Kit for Cancer Risk Direct to Consumers
Prenetics is the first home-grown company to sell genetic profiling kits that test for the risk of cancer directly to the consumer. The kit will assess the user’s risk of developing eight hereditary cancers within his or her lifetime. Prenetics’ investors include Ping An Ventures, Venturra Capital, backed by Indonesia’s Lippo Group, and Alibaba Hong Kong Entrepreneurs Fund.

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Outsystems and Deloitte Transform Risk Management Using AI and Low-Code and Launch of outsystems.ai
OutSystems, has helped Deloitte build its artificial intelligence platform, Behaviour and Emotion Analytics Tool (BEAT).  It will be used by Deloitte and its clients to meet conduct risk standards and avoid the regulatory fines associated with erroneous human judgment or insufficient oversight. But there is more news. They have announced outsystems.ai, a new program that advances the company’s mission to bring the power of artificial intelligence and machine learning (AL/ML) to software development. 

Click here and here to read more

Intellect Distribution and Service Suite 3.0 Wins Esteemed Life Insurance International Award
Intellect SEEC was presented the Digital Innovation of the year award for its Intellect Distribution and Service Suite 3.0 from Life Insurance International. Intellect Distribution and Service Suite 3.0 is a comprehensive software that delivers exponential results across new business and servicing operations in Life, Wealth, Pensions and Annuities for the advisor, customer service representative and direct-to-customer channels

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Dutch Tech Startups are Growing with Microsoft ScaleUp Program in the Netherlands
Good news for Dutch startups! Microsoft is committed to expanding its startup activities. Founders will work on their strategies for four months with support from the Microsoft engineering team, access to customers, and free access to the Azure cloud platform.

Click here to read more