Quesnay is pleased to announce that Vivametrica is the winner of the 2018 Female Founders in InsurTech competition. Vivametrica uses mobile and wearable devices, artificial intelligence, and scientifically validated models to accurately predict and prevent mortality & disease.
“This has been an amazing process,”
said Christy Lane, co-founder and co-CEO of Vivametrica.
“I got the chance to meet so many awesome women and work with outstanding mentors. I learned so much and made a lot of great connections and am looking forward to utilizing this to grow Vivametrica.”
Vivametrica was one of five competition finalists that pitched solutions for the insurance industry to a room of over 100 industry leaders at InsureTech Connect on Oct. 1. Attendees from around the world included insurtech investors and influencers, along with competition sponsors: presenting sponsor Farmers Insurance®; supporting sponsors, CSAA Insurance Group, Liberty Mutual Insurance, and RGAX; and contributing sponsor QBE Insurance.
In addition to Lane, women leaders from Adapt Ready, Dreyev, FloodMapp, and Tapoly each delivered a pitch that demonstrated the impact of their solution for the insurance industry and their vision for growing their businesses. The finalists worked with competition mentors over the month of September to help craft their presentation and obtain valuable advice.
Mentors and members of the final judging panel were made up of senior representatives from the industry including: Rehan Ashroff, Sharon Fernandez, Stephanie Lloyd, and Timothy Murray from Farmers Insurance, Debbie Brackeen and Vivian Li from CSAA Insurance Group, John Heveran and Kari Wittgens from Liberty Mutual Insurance, Kelle Bub and Holly Reinen from RGAX, and Samara Jaffe from InsureTech Connect.
“After successfully launching the Female Founders in Tech competition in 2017, we were pleased to support even more women-led startups specifically focused on insurance with resources, mentorship, and financial support on a global scale,”
said Jennifer Byrne, president and co-founder of Quesnay Inc.
“We continue to champion our finalists and are already planning Female Founders in InsurTech 2019.”
The Female Founders in InsurTech competition received 73 qualifying applications from 15 countries around the globe. The submissions stretched across numerous life cycle stages and included AI, AR, data analytics, telematics, and blockchain solutions and the use of drones. The finalists were chosen after the submissions were scored by over 100 online judges from 65 different companies across the insurance industry.
As the winner of this year’s competition, Vivametrica will receive $35,000. The first runner-up, FloodMapp will receive $25,000 and the second runner-up, Dreyev will receive $15,000. Each of the winners will also receive free co-working space at Upward Hartford, an Innovation Women membership, and the chance to partner with competition sponsors.
“Many efforts at Farmers® focus on identifying creative and diverse opportunities to innovate for our customers,”
said Rehan Ashroff, director of Innovation Lab and new ventures at Farmers Insurance.
“It’s with that belief, we sought to invest our time and resources for startups that participated in this year’s Female Founders in InsurTech competition. We believe this competition will identify a foundation of knowledge to help drive the future of innovation and technology in the insurance industry.”
Quesnay’s Female Founders in Tech program is working to address the gap among women leaders in numerous industries with specific competitions for insurtech, fintech, and mediatech. The Female Founders in FinTech competition, the next program in this series, will launch in November. Subscribe to Quesnay’s newsletter and visit quesnays.com for updates on all competitions.