Hartford InsurTech Hub, powered by Startupbootcamp, today announces a new partnership with leading individual and corporate health insurance provider Aetna, a CVS Health business. By joining the accelerator program, Aetna plans to work closely with startups and corporates within the insurance sector, to remove the friction of working together, and to speed up the process from ideation to implementation.
Aetna wants to help startups, corporates and investors speak the same language, which will allow all parties to move forward as a whole.
Hartford InsurTech Hub launched in September 2017, and welcomed the first cohort of 10 teams from five countries in January 2018. The cohort provided a range of insurance solutions using Artificial Intelligence (AI), Big Data Analytics and Natural Language Processing combined with Cyber Security, Smart Home and Health Insurance.
Aetna joins the list of respected companies partnered with the accelerator program: Cigna, Clyde and Co, Deloitte, The Hartford, Travelers, USAA, White Mountains and CT Next.
Sabine VanderLinden, CEO, Startupbootcamp InsurTech states that: “At a time when technology is expected to transform insurance, it is crucial that startups and corporates have a platform to share ideas, experiment and develop business opportunities. We are excited by the agility and creativity that the startups will bring to support our ambition of strengthening insurance innovation and we’re excited to see how Aetna will help shape the future of Hartford and the InsurTech industry”.
Hartford Mayor Luke Bronin adds that: “We’re thrilled that Aetna has joined as a formal partner and investor in our Hartford InsurTech Hub, which is quickly establishing Hartford as the fastest growing and most exciting center of InsurTech innovation. The power of Hartford InsurTech Hub is the direct involvement of industry-leading, global insurance carriers, and Aetna’s decision to join Cigna, The Hartford, Travelers, and others in building Hartford’s innovation ecosystem keeps the momentum going. Our goal is simple: to make Hartford the InsurTech capital of the world.”
Dawn LeBlanc, Managing Director, Hartford InsurTech Hub, continues: “The City of Hartford has traditionally been a hub for insurance innovation and the partnership between Hartford InsuTech Hub and Aetna will continue this tradition, by opening its doors to innovation and entrepreneurs”.