The collaboration marks a significant milestone for the Swiss InsurTech Hub, bringing on board two new sponsors to fuel its mission of fostering innovation in the insurance sector.

HITS – House of Insurtech Switzerland stands as a dynamic force at the forefront of driving innovation in the insurance domain. Functioning as a vibrant ecosystem, HITS serves as the nexus that unites startups and corporate entities, with a specific focus on accelerating corporate innovation. This collaboration is strategically aligned to create customer-centric solutions tailored for Generali business units operating in the DACH region.

By leveraging the unique strengths of HITS, Generali Switzerland, and the Swiss InsurTech Hub, the collaboration is poised to spark fresh ideas and collaborative ventures. The collective effort aims to benefit the entire insurance ecosystem by ushering in transformative changes.

Key goals outlined by the collaboration include:

• Accelerating Digital Transformation in Insurance: The alliance seeks to drive the rapid adoption of digital technologies, fostering a transformational shift in the insurance landscape.
• Fostering Innovation Through Partnerships: By uniting industry players, startups, and corporates, the collaboration aims to cultivate an environment conducive to innovation, encouraging collaborative efforts that push the boundaries of traditional insurance practices.
• Creating a Thriving Ecosystem: The joint efforts of Generali Switzerland, HITS, and Swiss InsurTech Hub aim to establish a dynamic and thriving ecosystem. This environment will provide a platform for both startups and established players to flourish, contributing to the overall evolution of the insurance industry.

A statement released by Swiss Insurtech Hub detailing the partnership, said: “By combining the strengths of HITS and Swiss InsurTech Hub, we’re poised to drive even greater innovation in the insurance space. Our collaboration will pave the way for fresh ideas, and collaborative ventures that will benefit the entire insurance ecosystem.”

Author: Joanna England