DB Insurance Announces Achievements in Fostering Insurtech Startups

DB Insurance announced on the 28th that it held the '2020 Insurtech Startup Incubation Program Performance Presentation' with the Korea Internet & Security Agency on the 27th.

[Asia Economy Reporter Oh Hyung-gil] DB Insurance announced on the 28th that it held the '2020 Insurtech Startup Incubation Program Performance Presentation' in collaboration with the Korea Internet & Security Agency (KISA).

DB Insurance selected startup companies through the Insurtech Startup Incubation Program and provided business plan coaching, insurance business mentoring, and investor relations (IR) pitching training.

At the performance presentation held the previous day, five companies participated and shared their business achievements: MyPuppy (insurance exclusively for pet shops and pet shop management solutions), Byeolddareogaja (micro-mobility precision control solutions), Bagel Labs (digital healthcare insurance-linked services based on body shape data), ID Lab (animal electronic ID using iris recognition), and Oatworks (smart devices and safety information services for mobility users).

A DB Insurance official stated, "Despite the short period of six months, there are companies pursuing commercialization in collaboration with DB Insurance and startups," adding, "We aim to provide practical support to startups aspiring to insurtech and plan to strengthen cooperation with KISA to further activate the insurtech industry."

This content was produced with the assistance of AI translation services.