We’ve done it. It’s finally here. We are proud to present our very first Accelerator Program: W1 Forward Insurtech.
A program to prove that the insurance industry can develop and grow digitally as much as any other. The accelerator in which the strength and know-how of the biggest player of the insurance industry come together with the entrepreneurial and creative environment of WERK1.
What is W1 InsurTech?
W1 InsurTech is Munich’s very first InsurTech accelerator program powered by WERK1 and the biggest players in Germany’s (and even Europe’s) insurance industry.
The program will last 6 months and is open to all startups around the world. A maximum of 5 startups will be chosen after submission deadline. The winning startups will enjoy the WERK1 facilities for free and thrive under the mentorship of these insurance titans.
Who can apply to W1 InsurTech?
Any startup, at any stage, with a great, scalable idea that is focused on the insurance industry. We are looking for excellent, motivated teams, ready to disrupt this industry. The team must be willing to relocate to WERK1 office space in Munich during the 6 month duration of the program.
Should a final team come from outside Munich, we will help in making their stay as easy as possible.
Why W1 InsurTech?
For starters, there’s no need to give up equity in order to take part in the program. All teams selected will receive office space and infrastructure, coaches, mentorship by the industry’s leader and top of the notch network contacts with investors and experts, worth 80.000€.
Which companies are supporting the accelerator program?
Behind W1 InsurTech are some of the biggest and most important insurance companies: Allianz, ARAG, Die Bayerische, Generali, HUK-Coburg, LV1871, Munich RE, Nürnberger, Swiss RE, VersicherungsKammer Bayern.
When is it happening?
Subscriptions are welcome from now on until May22nd. After that, up to 5 ideas will be chosen. The program will start once the startups have moved into our installations.
How to apply to W1 accelerator program?
If you want to apply to the program, you can click here to fill out the form.