The partnership aims to provide early to growth stage start-ups an opportunity to solve problem statements while fostering innovation and securing collaborative partnerships with Swiss Re GBS India.
● Swiss Re GBS India’s robust digital, data and technology capabilities and T-Hub’s innovative prowess, will further strengthen the innovation ecosystem in India
Hyderabad, India, 27 July 2022:
T-hub, which leads India’s innovation ecosystem, today announced its partnership with Swiss Re Global Business Solutions (GBS) India, an analytics and innovation hub of Swiss Re, one of the world’s leading providers of reinsurance, insurance, and other forms of risk transfers. With this partnership, T-Hub and Swiss Re GBS India aim to drive innovations in the insurtech space and to establish a presence in the world’s largest innovation campus.
T-Hub will work with Swiss Re GBS India to discover innovative technologies and trends, which allow them to accelerate the development of new business models and products, as well as adopt open innovation strategy, based on the exchange of ideas at the global level. The collaboration signals a strategic path offering the corporate a holistic synopsis of an innovation ecosystem and providing start-ups with growth opportunities by building a stack of products.
MSR (Mahankali Srinivas Rao), CEO , T-Hub, said, “T-Hub always looks out for dedicated partners who are open to start-up innovation because their transformation will help not only their businesses but the entire industry. Our goal of this partnership is to create opportunities for our start-ups to be mentored by a distinguished company like Swiss Re GBS India so they can revolutionize the market and we are pleased to welcome them into our ecosystem. We look forward to connecting Swiss Re GBS India with the technology improvements our start-ups are offering to the insurance industry.”
Amit Kalra, Head, Global Business Solutions (GBS) India said, “We look forward to enhancing our tech proposition in the market by tapping into T-Hub’s start-up ecosystem. Bringing together our robust digital, data and technology capabilities and T-Hub’s innovative prowess, we are confident this unique collaboration will help us build more resilient communities and a stronger re/insurance ecosystem.”
Swiss Re GBS India will leverage T-Hub’s innovation expertise and ecosystem of start-ups, corporates, and investors to enhance its processes, products, and services while sharing valuable expertise with the start-ups. T-Hub through its T-Connect initiative will help Swiss Re GBS India in getting access to six to eight start-ups in the insurtech space. Access will be targeted and based on stringent selection criteria relating to start-ups that are focused on the development of unique and advanced insurance technologies. Four start-ups will be further shortlisted to pitch during the demo day and will stand a chance to collaborate with the corporate.
Till now, T-Hub has provided market access to 300+ Indian start-ups with 18+ international interventions It has conducted more than 10 market access programs and facilitated 200+ international start-ups from more than 42 countries. T-Hub will continue to drive collaboration between start-ups and leading innovation ecosystems across the world, providing global market-access opportunities to start-ups.
ABOUT T-HUB
T-Hub (Technology Hub) is an innovation hub and ecosystem enabler. Based out of Hyderabad, India, T-Hub leads India’s pioneering innovation ecosystem and is the world’s largest innovation campus. Over the six years, T-Hub has pivoted around the 6Ms (Mentors, Market, Motivation, Manpower, Money, Methodologies) and 2Ps (Partnerships & Policy advisory) framework with a mission of driving results and collaboration for entrepreneurs’ success. It has delivered 100+ innovation programs so far, creating an impact for start-ups, corporations, and other innovation ecosystem stakeholders. Since inception, it has provided over 2000 national and international start-ups with access to better technology, talent, mentors, customers, corporates, investors, and government agencies.
For more information about T-Hub, visit www.t-hub.co.
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Media Contact: Priyanka Dugar| +91 9013627161
About Swiss Re
The Swiss Re Group is one of the world’s leading providers of reinsurance, insurance, and other forms of insurance-based risk transfer, working to make the world more resilient. It anticipates and manages risk – from natural catastrophes to climate change, from ageing populations to cybercrime. The aim of the Swiss Re Group is to enable society to thrive and progress, creating new opportunities and solutions for its clients. Headquartered in Zurich, Switzerland, where it was founded in 1863, the Swiss Re Group operates through a network of around 80 offices globally.
About Swiss Re Global Business Solutions (GBS) India
Swiss Re Global Business Solutions India is an analytical and innovation hub of Swiss Re and comprises 1600+ employees. It plays a key role in accelerating the company’s competitiveness across markets through R&D-focused initiatives, innovation, and analytics, which is especially relevant in today’s dynamic business environment with technology-spurred disruptions. Established in 2001, Swiss Re GBS India has traversed a remarkable journey of growth, acquiring deep capabilities to become a Centre of Excellence and Bangalore is Swiss Re’s third-largest office location today.
