Singapore’s financial services company Singlife with Aviva has announced the launch of an accelerator programme for insurtech startups.
The Singlife Connect programme will focus on developing scalable market solutions to revamp insurance distribution.
Through the accelerator, successful applicants will gain access to Singlife’s suite of products and insurance verticals as well as personalised mentorship.
Singlife will co-develop scalable solutions within the accelerator to enable quicker customer discovery as well as receive the necessary regulatory and compliance support to effectively execute their go-to-market strategies.
According to Singlife, the programme will initially support up to eight early stage insurtech startups from ideation to strategy and implementation
Singlife then plans to evolve its operating model in the future to support startups with more complex needs.
Insurtech startups who have a foothold in the Singapore market can apply for the programme here before 31 January 2023.
Varun Mittal, Group Head, Digital & Ecosystems, Singlife with Aviva said,
“Customers are evolving and insurtechs have to enhance their offerings.
Through strategic partnerships with insurtech startups, we hope that Singlife Connect will provide the right tools and platforms for insurtechs to grow with confidence and serve their customers with optimum impact.”