By: Luke Jones, Published on April 5, 2018 07:29 AM, Last Update on April 5, 2018 04:30 AM
Aviva Canada has previously discussed its ambitions for insurtech and has been among the most proactive providers in Canada in pursuing the innovation. Now, the second largest P&C company in Canada has teamed with innovation hub OneEleven to announce the first participants of its InsurTech Growth Program.
The company has selected five start-ups to be in the inaugural program. Aviva Canada and OneEleven said the selection process was exhaustive and included many applications. The following start-ups were ultimately chosen to take part in the fourth-month growth program, which will get underway immediately.
“These five start-ups offer a wide range of solutions to the InsurTech ecosystem reaching healthcare, financial and commercial real estate services,” commented Aviva Canada head of digital and innovation Ryan Spinner. “We’re thrilled to kick-start this mentorship program together with OneEleven and have the opportunity to work with these start-ups firsthand and accelerate their innovation projects.”
This represents the latest push towards nurturing InsurTech for Aviva Canada and OneEleven. The collaboration held the first ever InsurTechCanada event in March, 2017. The “#InsurTechCanada,” event was hosted between Aviva Canada and OneEleven. It brought together auto expert, insurance leaders, start-up companies, and tech experts to share their experiences of different industries that are facing up to disruptive technology.