Three South African startups have made it on the shortlist to becoming one of the 10 startups to be accelerated by leading international startup accelerator Startupbootcamp InsurTech in 2017.
Three South African startups have made it on the shortlist to becoming one of the 10 startups to be accelerated by leading international startup accelerator Startupbootcamp InsurTech in 2017. Aerobotics, Emerge Analytics and NuvaLaw are up against 20 other startups for the opportunity to collaborate with more than 400 mentors, partners, and investors over a three month period to build products to international standards.
Aerobotics, Emerge Analytics and NuvaLaw were three of the 633 applications received by Startupbootcamp InsurTech following a call for applications from innovative early stage startups specialising in insurance. Startupbootcamp InsurTech and MMI Holdings’ Exponential Ventures hosted the FastTrack tour in South Africa on 11 and 13 October 2016 where these startups presented their solutions for the insurance industry. The events were open to startups looking for expert advice, exposure and the possibility of funding.
“We had a great week in South Africa and found a few gems. It is clear that InsurTech in South Africa has matured compared to 2015,” said Sabine VanderLinden, managing director for Startupbootcamp InsurTech.
Jaco Oosthuizen, Chief Exponential Officer, Exponential Ventures, said: “This year’s FastTrack tour showed that InsurTech is gaining momentum and catching up to the well-established Fintech startup space, both from a quality of the value propositions presented and the funding that is becoming available to support it. We are proud that we have three South African based InsurTech startups in the top 23 after this global selection process – up from one in 2015.
The three startups that made it:
Aerobotics, a young South African startup that develops drone technology used in the agricultural, logistical and mining industries, uses drones to acquire better data analysis using artificial intelligence algorithms. The business was started almost two years ago. They have developed an automated drone with software that allows farmers to scan their farms and provide analytics to manage their farms more efficiently, by both reducing costs and increasing yields. http://www.aerobotics.co.za/
Emerge Analytics solves complex business problems using advanced data analytics like artificial intelligence to help clients navigate the corporate data maze emerging with better answers, new insight and optimised profitability. http://www.emergeanalytics.com/
NuvaLaw is a digital negotiation platform between motor vehicle insurers. The product introduces workflow and measurable efficiency to an environment that is currently unstructured, and results in substantial saving in costs. The product also facilitates Online Dispute Resolution Information exchange & Legal Process Outsourcing to highly qualified and affordable lawyers and mediators. http://nuvalaw.com/
Welcome to world of 2099
The world of 2099 will be unrecognisable from the world of today, but it can be predicted, says one visionary. ARTHUR GOLDSTUCK met him in Singapore.
Futuristic structures tower over the landscape. Giant, alien-looking trees light up with dazzling colours amid the hundreds of plant species that grow up their trunks. Cosmetic stores sell their wares via public touch-screens, with products delivered instantly in drawers below the screens.
This is not a vision of the future. It is a sample of Singapore today. But it is also an inkling of the world we may all experience in the future.
Singapore was the venue, last week, of the World Cities Summit, where engineers, politicians, investors and visionaries rubbed shoulders as they talked about the strategies and policies that would enhance urban living in the future.
As part of the Summit, global payment technologies leader Mastercard hosted a small media briefing by one of Singapore’s leading thinkers about the future, Dr Damian Tan, managing director of Vickers Venture Partners. The company’s slogan “We invest in the extraordinary,” offers a small clue to Tan’s perspective.
“We look as far forward as 2099 because, as a venture capital firm, we invest in the long term,” he tells a group of journalists from Africa and the Middle East. “Companies explode in growth because there is value in the future. If there is no growth, they won’t explode.”
The big question that the Smart Cities Summit and Mastercard are trying to help answer is, what will cities look like in the year 2099? Tan can’t give an exact answer, but he offers a framework that helps one approach the question.
“If you want to look at 81 years into the future, and understand the change that will come, you need to double that amount and look into the past. That takes us to 1856. The difference between then and now is the difference you can expect between now and 2099.”
Click here or on the page link below to read on: Page 2: Soldiers and Health in 2099.
- Arthur Goldstuck is founder of World Wide Worx and editor-in-chief of Gadget.co.za. Follow him on Twitter on @art2gee and on YouTube
Street art goes electric
Kaspersky Lab and British street artist D*Face have unveiled the first-ever “art helmet” design at the Formula E finale for electric cars in New York.
The ‘Save The World’ helmets will be raced by DS Virgin Racing’s drivers, Sam Bird and Alex Lynn, as they traverse the New York street circuit during the final races of the Formula E season.
The announcement signals the first art helmet by a Formula E team, continuing the heritage of art in motorsport and the cybersecurity brand’s commitment to contemporary art, creativity and innovation. D*Face took inspiration from Kaspersky Lab’s tagline, “A Company To Save The World”, and hopes that his colourful work will inspire people to take positive action.
D*Face will announce his first-ever art car design with a custom-made livery for the DS Virgin Racing Team. Its design will be released at the “Art Goes Green” event after Saturday’s race. The helmets and art car are the latest installations in the “Save the World” collection, following a major permanent public mural that was installed in Brooklyn, New York, in May.
D*Face, whose real name is Dean Stockton, said: “It is exciting to work with Kaspersky Lab on this project and create art with a real message of hope for a better future. After all, this is our world and we need to look after it. It will take every one of us to make a real lasting, impactful change. I love the mentality of the DS Virgin Racing Team and that of Formula E by showcasing sport in a way that doesn’t harm the environment, but is still just as exhilarating and fun.
“It is time for us all to stand together and make a change… be that stopping data steals, climate change, plastic waste or using damaging fuels. I want everyone to make a pledge to do one thing that will help make a change.”
As a sponsor of DS Virgin Racing Team, Kaspersky Lab is responsible for protecting the team’s devices against cyber threats. The company sees the technical environment in the global sport of Formula E as the next frontier in furthering its research and development of new technologies to keep vehicles secure in the digital world.
Sylvain Filippi, Managing Director at DS Virgin Racing, said: “The whole team fully supports this great initiative and our thanks got to Kaspersky and D*Face for their collaboration. It’s an honour to have such an innovative artist bring his talents to bear in our team ahead of the season-finale; the car, drivers’ crash helmets and mural all look amazing.”
Aldo Fucelli Pessot del Bo, Head of Global Partnerships and Sponsorships at Kaspersky Lab added: “There is a need for innovation on a global scale, both in contemporary art and in the fast-growing sport of Formula E. Now, for the first time ever, Kaspersky Lab is proudly bringing together the two sectors in an effort to Save the World and unleash creativity, encourage freedom of expression and further innovation.”