This year’s Scale | InsurTech programme by PwC has concluded, and now it’s time for the accounting behemoth to reveal the cohort.
The scheme, which ran for 11 weeks in London, featured Artesian Risk & Compliance Hub, Artificial, Atidot, Data-XL, Innovative Applications, Phinsys, REG, and Squirro. The eight participants undertook a business development curriculum and had the opportunity to take part in two tailored pitching events.
The scale-up firms gained valuable insight into areas such as fundraising, sales and marketing, as well as leadership and culture. They were supported in identifying commercial prospects and in refining their business model and value propositions.
“It gives me great pleasure to announce our cohort of eight innovative insurtech companies identified by us as having great potential to scale within the insurance industry,” said PwC’s global insurtech lead Glynn Austen-Brown.
“The scale-up programme provided the tools, knowledge, and networks to help these firms scale successfully, and throughout the programme, commercial relationships were forged and opportunities created for both the new businesses and incumbents.”
During the scheme’s finale, the participating insurtechs were given the chance to pitch their offerings to a room of 65 industry leaders.
Austen-Brown added: “We are excited to follow our cohort and work with them in the future to continue to drive transformation within the insurance industry.”
