Startupbootcamp is a global network of industry-focused startup accelerators that provides investment and mentorship services.   Startupbootcamp facilitates this mentorship-driven model by providing startups with essential tools during a 3-month accelerator program. The company provides €15,000 towards living expenses for the team during the program, 6 months co-working space, over €450,000 in sponsored services and the platform to pitch to over 400 investors at Investor Demo Day.  Startupbootcamp was founded in 2010 and operates in cities such as Amsterdam, Barcelona, Berlin, Copenhagen, Miami, New York, Cape Town, Dubai, Istanbul, London, Chengdu, Rome and Mumbai

Startupbootcamp

Startupbootcamp InsurTech is the leading accelerator focused on insurance innovation. They provide funding, mentorship, office space in the heart of London and access to a global network of investors and VCs, for up to 10 selected insurance startups across the globe.  For three months, the selected startups collaborate with 400+ mentors, partners, and investors to build world class insurance products, with the ultimate goal of becoming industry leading companies.

Startupbootcamp InsurTech London

MMG is an industry agnostic investment holding company who focuses on software driven solutions, based out of London. Our continued success is as a result of staying true to our core values of making investments in founder led businesses that have built proprietary intellectual property, strong fiscal disciplines and have an attentive focus on details who require some form of growth capital. MMG looks for the following in its investments: ​Intellectual Property (IP),  Strong committed founders,  Revolutionary ideas,  Software driven,  Long term value,  Own the market you serve,  Price makers

Semantic Capital

Nuvalaw

Nuvalaw's innovative cloud platform streamlines claims resolution, delivering rapid results for claimants and insurers. Our solution is trusted by leading law firms and insurance companies to optimize workflows, reduce costs, and fuel innovation in the personal injury and claims resolution space. As experts in the UK claims market, Nuvalaw offers a powerful combination of cutting-edge technology and industry expertise for unparalleled efficiency and effectiveness in claims resolution.

Nuvalaw is a LegalTech company that operates a claims resolution platform facilitating online negotiation and arbitration of Property &amp; Casualty (P&amp;C) insurance claims. The company's cloud-based platform handles all documentation and interactions between parties online, reducing the resolution time of complex insurance claims from over a year to a few days. The platform works with the Ministry of Justice's Claims Portal and Official Injury Claim portal to provide binding settlements. Using AI technology, the platform addresses various legal issues in claims resolution. As of March 2022, the platform delivered cost savings of 30-50% for claimants. The technology significantly improves traditional claims processing, as personal injury claims in the UK typically experienced waiting times of up to 546 days for court dates and payouts.

InsurTech: Infrastructure

Nuvalaw secures US$3M for platform growth and US launch

Nuvalaw is a LegalTech company that operates a claims resolution platform facilitating online negotiation and arbitration of Property & Casualty (P&C) insurance claims. The company's cloud-based platform handles all documentation and interactions between parties online, reducing the resolution time of complex insurance claims from over a year to a few days. The platform works with the Ministry of Justice's Claims Portal and Official Injury Claim portal to provide binding settlements. Using AI technology, the platform addresses various legal issues in claims resolution. As of March 2022, the platform delivered cost savings of 30-50% for claimants. The technology significantly improves traditional claims processing, as personal injury claims in the UK typically experienced waiting times of up to 546 days for court dates and payouts.
Key customers and partnerships
Nuvalaw operates in partnership with Trust Arbitration in the UK, serving eight major insurers and seven major law firms as of October 2023. In March 2022, Admiral Insurance selected Nuvalaw and Trust Arbitration as their provider for Alternative Dispute Resolution for personal injury claims. The partnership followed a successful program with Admiral and claimant law firms, aimed at expediting the resolution of Personal Injury claims.

Fixed costs mean PI lawyers “need to embrace new mindset”

​Admiral chooses Nuvalaw and Trust Arbitration to fast track personal injury claims

Admiral selects Nuvalaw and Trust Arbitration to speed up motor claims resolution and drive down costs

Nuvalaw raises $3 million in pre

AgentSync develops modern insurance infrastructure solutions that automate and streamline compliance and producer management processes for insurance carriers, agencies, and MGAs. The company's core product offerings include AgentSync Manage, Autopilot, and ProducerSync API, which help validate licensing, appointing, and personal information for insurance producers by connecting with the National Insurance Producer Registry (NIPR). In January 2024, AgentSync launched its first commercially available ProducerSync API, which allows insurance businesses to access and validate NIPR data through REST API architecture. The company's technology reduces manual data entry processes from hours to minutes by using APIs and cloud-native solutions. In 2021, AgentSync acquired Finvera and subsequently acquired eContractPro in 2022. As of December 2021, the company generated annual revenue of USD 29.3 million.
Key customers and partnerships
AgentSync has established strategic partnerships with several industry leaders including the National Insurance Producer Registry (NIPR), Salesforce, Varicent, DocuSign, Verified First, Accurate, and LIMRA LOMA. Veterans United Insurance is among the company's notable customers. The company's platform enables its customers to onboard producers in hours instead of the traditional timeframe of weeks or months.

AgentSync

Artificial is an insurance software business offering an algorithmic underwriting, data extraction and machine learning platform to commercial insurers, empowering them to write better risks, faster. We provide solutions to partners across the London and global markets, including Convex, Chaucer and more. Our platform specialises in instantly and accurately capturing data at the point of entry for use in downstream applications. We enable clients to augment this data through effortless integrations and use it to write risks algorithmically, build contracts and plug into other systems. Behind the platform is decades' worth of experience in engineering, insurance and analysis. We do more than just provide software; we work with you every step of the journey to make sure our technology drives growth, improves efficiency and reduces costs across your business.

Artificial Labs

Bambi Dynamic developed a white-label mobility platform for the insurance sector. Their technology generated personalized, usage-based insurance options for the mobility sector, with the platform calculating premiums based on individual user data including driver safety scores, on-demand activation/deactivation, and time or distance driven. The system accounted for occasional drivers and multi-use vehicles, and was designed to integrate with IT systems of insurance companies, OEMs, and Mobility-as-a-Service providers such as ridesharing, ride-hailing, carsharing, e-scooters, and delivery services. The company operated between 2017 and 2023, ultimately ceasing operations in March 2023.
Key customers and partnerships
The company partnered with The Phoenix Insurance Company in Israel to launch 'The Phoenix Drive', a pay-as-you-go private vehicle insurance product. This offering included a web/mobile onboarding sales and underwriting portal for direct customers and insurance agents, back-office interfaces for insurers, and a consumer mobile app. Through this partnership, Bambi Dynamic was also involved in running the InsureMyTesla program in Israel.

Bambi Dynamic

CLARA Analytics offers an AI-powered insurance claims platform, aimed at improving claims outcomes. Its core claims platform is called CLARAty.ai, which includes generative and predictive AI models developed specifically for casualty claims. Its platform includes several products: 1) Claims Document Intelligent Pro, 2) Triage, 3) Treatment, 4) Litigation, 5) Clara Fraud, and 6) Clara MSP Compliance.&nbsp;&nbsp;<a href="https://sp-edge.com/updates/32243">Claims Document Intelligent Pro</a> is an AI-powered tool that automates the review of claims documents, including legal demands and medical records. It can analyze thousands of pages in seconds, identify key information, and detect treatment patterns to assess risks, improving efficiency and reducing costs.CLARA Triage is an AI tool for claims professionals that predicts claim severity, identifies high-risk claims, and issues real-time alerts to help adjusters act proactively. It improves productivity, reduces costs, and enables faster resolution of simple claims.CLARA Treatment is an AI tool that scores healthcare providers to identify the best options for resolving workers' compensation cases quickly and effectively. It improves claim resolution times, enhances patient outcomes, and reduces costs by matching injured workers with the right providers.CLARA Litigation is an AI tool that analyzes attorney performance and provides insights to reduce the cost and impact of litigated claims. It offers strategic recommendations for case management and helps optimize attorney selection to support decision-making.<a href="https://sp-edge.com/updates/30120">CLARA Fraud</a> is an AI tool that analyzes large workers' compensation datasets to detect suspicious patterns and clusters of potentially fraudulent activity. It increases visibility into suspicious claims, supports SIU referrals, and reduces losses from undetected fraud.CLARA MSP Compliance is an AI tool that automates Medicare Secondary Payer (MSP) compliance by identifying Medicare beneficiaries, determining the need for Medicare Set-Asides, and assisting with mandatory reporting. It reduces compliance risks, improves accuracy, and saves costs in handling Medicare-related claims.In 2023, the company launched CLARAty.ai, a casualty claims intelligence platform using predictive and generative AI to support claims professionals. It provides insights, recommended actions, and advanced claim summaries to guide next steps, enhancing traditional systems and workflows.Key customers and partnershipsIts notable customers include Berkshire Hathaway Homestate Companies, AmTrust, Amerisure, and QBE.&nbsp;Moreover, the company was selected by Amazon in August 2024, as its technology partner to improve health and claim outcomes for its corporate workers' compensation claims.

CLARA Analytics

Coterie Insurance is a Cincinnati-based insurtech company that provides digital small business insurance solutions. Founded in 2018, the company specializes in three main types of business insurance: general liability, business owners' policies, and professional liability coverage. The company employs digital underwriting technology that sources publicly available data to enable instant coverage through a transparent quoting and binding process. Its platform features a qualification checker that indicates within seconds if a business falls within Coterie's appetite. As of June 2022, Coterie's insurance products were available across all 50 states and the District of Columbia. The company's policies are underwritten by Spinnaker Insurance Co. and Benchmark Insurance Co., both of which hold A-rated carrier ratings. The platform uses both ISO and proprietary coverage forms, with all policy documents, certificates, billing, and claims managed through a single dashboard. The system reduces paperwork by 80% compared to traditional methods by eliminating ACORD forms and manual underwriting processes.
Key customers and partnerships
The company serves small and micro-businesses across the US, with a particular focus on businesses with fewer than 20 employees. As of June 2022, Coterie worked with a network of 5,000 agents who provide personalized counsel to small business owners. The company's products are distributed both through independent insurance agents and brokers, and directly to business owners through its digital platform. The business maintains partnerships with Spinnaker Insurance Co. and Benchmark Insurance Co. who underwrite its insurance products.

Coterie Insurance

Providers of general, yet comprehensive, end-to-end solutions for insurance companies, covering various aspects of their operations. This includes core systems for policy administration, underwriting, claims processing, billing, and customer relationship management

Specialized platforms that offer lead generation and management services and tools for insurance providers. Tools can include telemarketing, internet, and social media lead generation, referrals, and lead analytics

Underwriting platforms that evaluate risks related to life insurance, health insurance, and related products such as disability and critical illness coverage. They may utilize medical underwriting criteria, genetic information, lifestyle factors, and demographic data to assess applicants' insurability

Platforms that specialize in assessing risks associated with property and casualty insurance, including home, auto, commercial property, and liability coverage. They may incorporate data sources such as property valuations, historical claims data, telematics, and weather patterns to evaluate risk factors accurately

Specialized platforms that streamline and automate claims processing workflows, from initial claim submission to settlement. They may offer software for claims intake, adjudication, fraud detection, and communication with policyholders and third-party service providers

Policy administration systems that focus on managing policy lifecycle activities, including policy issuance, endorsements, renewals, and cancellations. They provide insurers with tools to configure and manage policy rules, coverage options, and premium calculations. Platforms can also have additional functions for commission and performance tracking

Reinsurance technology providers offer a range of innovative tools and services to support reinsurers in managing their operations, assessing risks, and optimizing their reinsurance strategies. These solutions may include advanced analytics, catastrophe modeling, risk assessment tools, portfolio management systems, and underwriting platforms specifically designed for the reinsurance industry

Nuvalaw

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