Advantages of participating in the Legaltech InsurChallenge

Santalucía Impulsa It has launched InsurChallenge, a unique acceleration process based on the launch of challenges or InsurChallenges, aimed at entrepreneurs and startups focused on the Insurtech ecosystem. The registration process is open and will remain active until July 7; startups and Insurtechs that meet the requirements can register hither.

As a first challenge, solutions are sought in the field Legaltech, to find tools that facilitate the legal and contractual operations of Grupo Santalucía, with a special focus on Artificial Intelligence, Blockchain, Smart Contracts and other Legaltech solutions and their potential applications. More information at: InsurChallenge Legaltech.

In the program Santalucía Promotes Startups promotion teams are trained to improve their competitiveness, test their product or service with a new customer segment and accelerate their growth or scaling up projects. This process is developed through a acceleration methodology amply tested.

Value Added Services for Startups accessing the program

The two winners of the 2020 InsurChallenge challenge will have at their disposal, for the duration of the acceleration, a large number of value-added tools, benefits and services to enhance their growth and development.

1. Mentoring and training

Online training personalized given by professionals for the state and time of the participating projects and individual mentoring with experts in innovation, entrepreneurship, business and Insurtech. All this thanks to the capabilities of the insurance company and its partner Innsomnia, an accelerator of startups and digitizer of companies at an international level.

2. Direct collaboration

Meetings with key people from the Santalucía Group to explore possible ways of collaboration and opportunities to establish long-term alliances with the company, allowing for funding or investment at the end of the program.

3. Access to LAB Santalucía Impulsa

The LAB Santalucía Impulsa is a space where internal and external innovation coexist with the objective of creating new products, services or disruptive processes. Thus, the winners will be able to share experiences and synergies with other entrepreneurs and entrepeneurs.

4. Prototype funding

The insurance company will finance the prototype developed ad-hoc for Grupo Santalucía during the program. Conceptualization or verification of the concept + Proof of Concept (PoC) with a fit into the Santalucía Group + PoC funding or prototyping.

5. Access to Santalucía API Market

Santalucía API Market is the The insurance industry's first API market, where startups will be able to integrate the applications developed with Santalucía's main products and jointly create new business models and new customer experiences. There are currently two APIs in the catalog: one for deaths and the other for household.

Startups will have a Sandbox in which they can test the APIs without limits, view each one in detail and directly access its specification, all in one place. They will be able to create and code their applications, choose the environment in which to work, speed up development thanks to the Sandbox, deploy the application in a real environment and monitor and evolve them.

6. Technology Credits on Amazon Web Service

AWS Activate offers startups a large number of benefits, including credits, technical support and AWS training, to help them grow their business and are designed to offer them the right combination of tools and specialized support so that they can achieve their objectives, optimize performance, control risk and keep costs under control.

7. Media outreach and annual subscription with The Referent

The Referent is a digital newspaper specialized in information related to entrepreneurs, startups and innovation which seeks to promote and disseminate the most innovative initiatives in Spain.

8. Possibility of advice through KPMG Impulsa

KMPG Impulses It is a service of online accounting, tax and labor management on preferential terms and with a personal manager dedicated to your startup. A monthly rate adapted to the size of your startup (starting at 85 Euros/month) and the first two months of service are free when you sign up for your services. Benefits: Access to accounting information in real time, visualization of a set of economic-financial and workforce indicators, an employee portal, etc.

9. Access to ThePowerMBA with discounts

The Power MBA is a complete online master's degree in business (strategy, marketing, lean startup...) in which you can learn from the most successful entrepreneurs, entrepreneurs and managers. Participating in the program offers discounted access to the master's degree for groups and possibility of doing Networking with hundreds of professionals.