Aviva is teaming up with Silicon Valley-based start-up accelerator Plug and Play to gain access to innovative insurtech firms. The insurer plans to offer advice, networking and mentorship to the start-ups while evolving the culture of its own company to become more flexible and technology-driven. Aviva, which has a market value of €1.3bn ($1bn), said it was looking for companies that can help clients “build their business models around new technologies such as blockchain or
Aviva is teaming up with Silicon Valley-based start-up accelerator Plug and Play to gain access to innovative insurtech firms. The insurer plans to offer advice, networking and mentorship to the start-ups while evolving the culture of its own company to become more flexible and technology-driven. The partnership, which is part of Aviva’s insurtech programme due to start in September, hopes to attract 1,000 candidates, the best 30 to 40 of which will receive support on how to develop their ideas.