We are excited to announce that Plug and Play has joined forces with AkinovA in the development of our electronic marketplace for the transfer and trading of (re)insurance risk.
Plug and Play invested alongside another major insurance marketplace participant (more news to follow…!) and a selection of capital markets and insurance industry luminaries.
With 70+ corporate insurance partnerships, including global (re)insurers, brokers and underwriters, Plug and Play InsurTech has created a powerful ecosystem of insurance market participants that are looking to increase operational efficiencies, lower costs, find new product lines, and become more innovative.
AkinovA will be joining Plug and Play at the InsureTech Connect conference in Las Vegas from the 2nd – 3rd October. If you are attending InsureTech Connect and would like to meet up with AkinovA, please contact Nick.Yeates@AkinovA.com.
AkinovA will also be attending the ILS Convergence in Bermuda from 3rd – 4th October so if you are on the island and would like to find out how you can get involved please contact Alexander.Pike@AkinovA.com.
About Plug and Play
Plug and Play is a global innovation platform. Headquartered in Silicon Valley, they have built accelerator programs, corporate innovation services, and an in-house VC to make technological advancement progress faster than ever before. Since inception in 2006, their programs have expanded worldwide to include a presence in over 20 locations globally giving startups the necessary resources to succeed in Silicon Valley and beyond. With over 6,000 startups and 220 official corporate partners, they have created the ultimate startup ecosystem in many industries. they provide active investments with 200 leading Silicon Valley VCs, and host more than 700 networking events per year. Companies in their community have raised over $7 billion in funding, with successful portfolio exits including Danger, Dropbox, Lending Club, PayPal, SoundHound, and Zoosk. For more information, click here.
About Plug and Play Insurtech
Established in 2016, Plug and Play Insurtech is Plug and Play's largest industry-specific programs. This 12-week business development program is headquartered in Silicon Valley, with 5 additional locations across the world. The program currently has over 70 corporate participants including Farmers Insurance, Munich Re, Nationwide, Aon, MS&AD, and Allianz, and has worked with hundreds of startups to date. Plug and Play Insurtech runs three separated tracks throughout the program: General Insurtech, Property & Casualty, and Life/Health/Group Benefits. For more information, click here.