T-Hub and Swiss Re GBS India Partner To Boost Innovation in the InsurTech Sector

The partnership aims to provide early to growth stage start-ups an opportunity to solve problem statements while fostering innovation and securing collaborative partnerships with Swiss Re GBS India.

Swiss Re GBS India’s robust digital, data and technology capabilities and T-Hub's innovative prowess, will further strengthen the innovation ecosystem in India

T-Hub, which leads India’s innovation ecosystem, today announced its partnership with Swiss Re Global Business Solutions (GBS) India, an analytics and innovation hub of Swiss Re, one of the world’s leading providers of reinsurance, insurance, and other forms of risk transfers. With this partnership, T-Hub and Swiss Re GBS India aim to drive innovations in the insurtech space and to establish a presence in the world’s largest innovation campus.

T-Hub will work with Swiss Re GBS India to discover innovative technologies and trends, which allow them to accelerate the development of new business models and products, as well as adopt open innovation strategy, based on the exchange of ideas at the global level. The collaboration signals a strategic path offering the corporate a holistic synopsis of an innovation ecosystem and providing start-ups with growth opportunities by building a stack of products.

MSR (Mahankali Srinivas Rao), CEO, T-Hub, said, “T-Hub always looks out for dedicated partners who are open to start-up innovation because their transformation will help not only their businesses but the entire industry. Our goal of this partnership is to create opportunities for our start-ups to be mentored by a distinguished company like Swiss Re GBS India so they can revolutionize the market and we are pleased to welcome them into our ecosystem. We look forward to connecting Swiss Re GBS India with the technology improvements our start-ups are offering to the insurance industry.”

Amit Kalra, Head, Global Business Solutions (GBS) India said, “We look forward to enhancing our tech proposition in the market by tapping into T-Hub’s start-up ecosystem. Bringing together our robust digital, data and technology capabilities and T-Hub's innovative prowess, we are confident this unique collaboration will help us build more resilient communities and a stronger re/insurance ecosystem."

Swiss Re GBS India will leverage T-Hub’s innovation expertise and ecosystem of start-ups, corporates, and investors to enhance its processes, products, and services while sharing valuable expertise with the start-ups. T-Hub through its T-Connect initiative will help Swiss Re GBS India in getting access to six to eight start-ups in the insurtech space. Access will be targeted and based on stringent selection criteria relating to start-ups that are focused on the development of unique and advanced insurance technologies. Four start-ups will be further shortlisted to pitch during the demo day and will stand a chance to collaborate with the corporate.

Till now, T-Hub has provided market access to 300+ Indian start-ups with 18+ international interventions It has conducted more than 10 market access programs and facilitated 200+ international start-ups from more than 42 countries. T-Hub will continue to drive collaboration between start-ups and leading innovation ecosystems across the world, providing global market-access opportunities to start-ups.

T-Hub (Technology Hub) is an innovation hub and ecosystem enabler. Based out of Hyderabad, India, T-Hub leads India’s pioneering innovation ecosystem and is the world’s largest innovation campus. Over the six years, T-Hub has pivoted around the 6Ms (Mentors, Market, Motivation, Manpower, Money, Methodologies) and 2Ps (Partnerships & Policy advisory) framework with a mission of driving results and collaboration for entrepreneurs’ success. It has delivered 100+ innovation programs so far, creating an impact for start-ups, corporations, and other innovation ecosystem stakeholders. Since inception, it has provided over 2000 national and international start-ups with access to better technology, talent, mentors, customers, corporates, investors, and government agencies.

Healthcare Tech Startup eKincare Selected by Swiss Re for Its First Ever Global Accelerator Program

Hyderabad based, eKincare, a healthcare tech start-up, today announced their selection into the first batch of InsurTech accelerator programme – a global fintech accelerator programme  being conducted by Swiss Re, a leading wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer.

As part of the accelerator programme, eKincare will have access to the global expertise and insights from Swiss Re, mentors from the industry, and technical enablement to work on challenging global insurance problems. At the end of sixteen weeks, eKincare will present their learnings and achievements to Swiss Re’s global leadership, ecosystem partners and potential investors.

Voted among the World’s top 100 digital health companies by the prestigious journal of mHealth, eKincare is an end to end wellness platform that integrates medical records, healthcare services and leverages predictive analytics to design wellness initiatives & reduce healthcare costs.

Three technology themes identified for the programme include, Internet of things (home, industrial, health and motor), Systems of engagement (innovative distribution channels and models, digital assistants/ Robo advisors etc.) and Smart analytics (application of deep learning and machine learning across insurance value chain).

Kiran Kalakuntla, CEO, eKincare said, “It’s a proud moment for us at eKincare to have been chosen for the global accelerator programme by the prestigious, Swiss Re. This is a great platform for us to assess new ideas and solutions that addresses the global insurance challenges and enable us with technical capabilities to tackle the problem.”

"We are excited to welcome these innovative startups to our first ever global accelerator programme and are looking forward to engaging with them on innovative solutions for the insurance industry," said Amit Kalra, Head of Strategic Initiatives, Swiss Re Bangalore.

The other 5 start-ups chosen for this program include:

• ai is a developer platform for Deep Learning that offers tools to build and customise neural networks, and also provides trainable modules and APIs,


• Datasigns is a risk platform that forges traditional & non-traditional data to facilitate financial services to those outside the formal system. It helps financial organisations access new and underserved market,


• GOQii, which provides one-on-one mobile coaching and wellness services that helps individuals make the shift to a healthier lifestyle.


• Touchkin which uses mobile-based social sensing to build a predictive care platform and enable proactive personalized care – bringing help to those who need it, from care experts or families, and


• ai is the first AI-fueled smart-purchasing assistant, with the aim to both revolutionise customer interaction and redefine the buying experience as a whole.

Swiss Re Launches 'InsurTech' Startup Accelerator To Develop Business Solutions for Insurance Sector

With an aim to help startups to develop business solutions for the insurance sector in India, Swiss Re has launched a corporate accelerator, 'InsurTech'. The accelerator will provide an opportunity for startups to develop products and business case and up to five startups in India will be selected for the first programme.

The themes identified for the programme include the Internet of Things, systems of engagement and smart analytics.  During the programme, startups will have access to the global expertise and insights from the Swiss Re team, mentors from the industry and technical enablement to work effectively from Swiss Re's office in Bengaluru.

"Fintech is already disrupting the wider financial services world and is now starting to make its mark on insurance," said Jason Richards, head P&C business management and technology-reinsurance. "We are seeing fintech being used to engage with customers in novel ways: new methods of delivery, new products and new data sources will all have an impact on underwriting and our understanding of risk. Swiss Re aims to be at the heart of these changes, helping to make the world more resilient to shocks."

The Swiss Re Group is a leading wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. Founded in Zurich, Switzerland, in 1863, Swiss Re serves clients through a network of over 70 offices globally.

A few days back, Mumbai-based Zone Startups India, a venture fund and accelerator housed at BSE, has also launched a 6-week accelerator programme – “empoWer”, to support women entrepreneurs who are building technology ventures.

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