Sixfold Is Named a Zurich Innovation Championship Winner
I’m thrilled to announce that Sixfold has been named a winner of this year’s Zurich Innovation Championship! Since 2018, Zurich Insurance Group has overseen an annual “collaboration program” with select startups from around the world to develop new offers and services for their customers. The yearly Championship has rapidly expanded to become the industry’s largest open innovation contest with thousands of applicants from over 30 countries resulting in more than 50 active initiatives implemented through Zurich Insurance’s global business.
Celebrated for Pioneering Innovation
Sixfold was only one of nine teams selected out of a pool of more than 3,000 global applicants to take part in the accelerator portion of the Championship. Our team will take on the “Commercial Insurance” challenge to engineer technical solutions that “improve transparency and accountability, enhance risk management capabilities, and foster sustainability transition through a culture of trust and innovation.”
For the next four months, our team will collaborate with leaders from Zurich North America (ZNA) to build AI-powered risk analysis & summarization solutions to augment underwriter workflows through the automation of high-volume (but not necessarily high-value) tasks.
Improving Insurance Efficiencies
Unlike traditional accelerator programs, which focus on product development, the Innovation Championship aims to accelerate the adoption of a new solution within Zurich Insurance’s global business. We’re thankful to the leadership at Zurich Insurance for believing in Sixfold’s mission and our team, and we look forward to building an amazing solution that results in improved efficiencies that benefit Zurich’s customers, insurance brokers, and other stakeholders.
This collaboration comes only two months after Sixfold’s selection to participate in the 12th cohort of Lloyd’s exclusive accelerator program, Lloyd’s Labs, which kicked off in April and we will be demoing in July.
We’ve only just begun Sixfold’s second year — and it’s turning out to be a BIG one!
