Majority of insurers are actively experimenting with innovation models these days. Interestingly, Aviva is taking an approach of investing in Venture Builder Founders Factory.
"Aviva has announced a partnership with Founders Factory, a
multi-sector digital accelerator and incubator, co-founded by Brent
Hoberman, Henry Lane Fox and Jim Meyerle.
Andrew Brem, chief digital officer, Aviva, said: "Insurance and
financial services has been stuck in a bygone, analogue era when it
comes to engaging with customers - we believe it's high time to bring
the industry into the digital age, for the benefit of customers and
insurers alike."
Read more on: Insurance Age
