Plug and Play Insurtech Signs Achmea As Their First Partner From The Netherlands

News provided by

Apr 08, 2019, 15:46 ET

SUNNYVALE, Calif., April 8, 2019 /PRNewswire/ -- Achmea has joined the Plug and Play global innovation platform as the largest insurance provider in the Netherlands. Achmea employs about 14,000 staff in the Netherlands and conducts business in five other countries around the world where they operate under brands such as Interpolis and Centraal Beheer. Already positioned as an innovative player in the industry, Achmea plans to tap into Plug and Play's ecosystem to expand their product offerings and customer satisfaction.

"We believe that cooperation with Plug and Play Insurtech will create a lot of benefits for us. We think it will enable intensive cooperation on new innovations and will accelerate our business and business development," says Karin Bos, Director, Retail Products at Achmea P&C.

With connections made through Plug and Play's Insurtech platform, Achmea will have the opportunity to meet with startups who are making waves in the insurance industry. This engagement will allow Achmea to grow their innovation opportunities and become an active partner in the changing insurance industry.

"We are excited to explore new solutions in our partnership with Achmea," says Ali Safavi, Global Head of Insurtech. "With prominent industry growth on the rise in Europe, we think there's a great opportunity to leverage startup technology throughout the world."

Plug and Play Insurtech runs a 12-week program twice per year from its headquarters in Silicon Valley. Since 2016, Plug and Play Insurtech has expanded its operation to Beijing, Munich, New York, Singapore, and Tokyo, with more locations expected to launch later this year.

About Achmea
From its leading position in the Dutch market, insurance group Achmea positions itself internationally as an innovative player in selected markets. Established in 1811, today Achmea is the largest insurance provider in the Netherlands. Non-life, Health and Income Protection insurance products are core competencies. Achmea employs about 14,000 staff in the Netherlands and some 3,000 abroad. Besides its home country, Achmea is active in five countries elsewhere in the world. http://www.achmea.com

About Plug and Play
Plug and Play is a global innovation platform. Headquartered in Silicon Valley, we have built accelerator programs, corporate innovation services and an in-house VC to make technological advancement progress faster than ever before. Since inception in 2006, our programs have expanded worldwide to include a presence in over 20 locations globally giving startups the necessary resources to succeed in Silicon Valley and beyond. With over 10,000 startups and 280 official corporate partners, we have created the ultimate startup ecosystem in many industries. We provide active investments with 200 leading Silicon Valley VCs, and host more than 700 networking events per year. Companies in our community have raised over $7 billion in funding, with successful portfolio exits including Danger, Dropbox, Lending Club and PayPal. For more information, visit www.plugandplaytechcenter.com.

Media Contact
Allison Romero
916-402-1333
[email protected]

SOURCE Plug and Play