Igniting innovation: tapping into the creative energy of the start-up community
Innovation Culture | Start-up collaboration
If you are wondering how you can ignite your innovation program and tap into the creative energy of the start-up community, here are a few examples from Zurich insurance, and financial services provider CUA.
Zurich Insurance is in its second year of running the Zurich Innovation Championships - "one of the largest start-up innovation competitions in the insurance industry". The competition offers start-ups the opportunity to work with Zurich to potentially grow their start-up business on a global scale, to pitch locally and then internationally, their "technologies and innovative business models that tackle challenges around climate, health, automation and other issues".
As per Gold award winner Chisel AI founder Ron Glozman: "If you are an insurtech startup with a strong business case, the Zurich Innovation Championship provides a global stage to showcase your solution and get invaluable feedback from an insurance industry leader.”
Further information: Zurich Australia media release 31 January 2020 and zurich.com/zic
In addition to start-up competitions, Zurich Insurance has also partnered with the city of Zurich in HackZurich, one of Europe's largest hackathons where competitors have just 48 hours to prepare and then present their solutions.
Further information: zurich.com/en/media/magazine/2019/hackzurich-2019
As part of a Fintech Accelerator collaboration, CUA will work closely with "later-stage scale-up" fintech businesses as part of it's CUA Next program.
The program, developed in collaboration with partner Slingshot, aims "to help members to manage their finances and feel financially secure now and into the future", and is supported by research that highlighted that younger Australians "don’t know where to turn for meaningful advice". The benefits to participating fintech scale-ups include exposure to CUA's member base.
For further information: cua.com.au/about-us/cua-news/blog-items/media-releases/2019/october/fast-forwarding-financial-wellbeing-with-cua-next.