Growth program to last for 4 months
The partnership of online insurance firm Aviva Canada and innovation hub OneEleven has announced the latest set of start-ups that will benefit from their InsurTech growth program – most notably a venture operating in the Canadian commercial segment, among others.
The InsurTech program, which will run for four months, offers one-on-one mentoring sessions with Aviva Canada, along with feedback from OneEleven community experts.
“These five start-ups offer a wide range of solutions to the InsurTech ecosystem reaching healthcare, financial, and commercial real estate services,” according to Ryan Spinner, head of digital and innovation at Aviva Canada. “We’re thrilled to kick-start this mentorship program together with OneEleven and have the opportunity to work with these start-ups firsthand and accelerate their innovation projects.”
Among these start-ups are MapYourProperty, an intelligence platform which provides key real estate and land development information. The state-of-the-art portal can generate a due diligence report in under 30 seconds. Clients can also access prospective commercial projects in real-time, as well as streamline their risk diligence processes by as much as 50%.
Read more: RBC’s open banking initiative to improve mortgage transactions
The other start-ups in the latest batch of InsurTech growth beneficiaries are:
- RateHub: Provides comparisons on insurance quotes from the providers that best fit users’ needs. RateHub utilizes proprietary and external data sources with auto-capture technologies.
- Maple: Enables access to non-emergency healthcare by connecting patients with physicians 24/7 through mobile, tablet, or computer.
- Soundpays: Utilizes ultrasonic sound wave technology to deliver product purchase information directly from advertising or broadcast content to mobile devices.
- WealthTab: Streamlining account opening, quoting, and client proposals for financial services and insurance.
