Zurich Names Winner of Innovation Championship

Zurich – Zurich Insurance Group has announced the ten winners of this year’s Zurich Innovation Championship as part of its first Innovation Festival. In addition to nexoya from Zurich and Optimizely Opal, five winners of the Agentic AI Hyper Challenge and three winning alumni were also honored.

(CONNECT) Zurich Insurance Group announced the ten winners of the Zurich Innovation Championship at its first Innovation Festival on October 16, as detailed in a press release. The winning start-ups include five winners of this year's Zurich Agentic AI Hyper Challenge, three alumni of previous Innovation Championships and two new champions. The company in question is nexoya from Zurich. The company came out on top with its optimization of cross-channel marketing strategies supported by artificial intelligence (AI). The second winner of this year's Zurich Innovation Championship is Optimizely Opal from New York, which supports companies with digital marketing experiences across multiple channels.

At the Agentic AI Hyper Challenge, more than 1,000 participants from 40 countries worked on AI solutions for claims processing, underwriting, finance and marketing. AgentricAI from London, one of the five winners of the insurance industry's largest hackathon, also impressed at the Innovation Championship with Clara, an AI agent for automating travel expense reports. In contrast, Interloom from Munich uses its AI platform to capture organizational knowledge from daily work interactions to enable Zurich teams and AI agents to work together efficiently.

Paris-based Wangari Global 's Etio solution uses AI agents to automate financial reporting to provide Zurich finance teams with deeper insights. Rome-based WordLift optimizes Zurich's websites with its AI platform by improving its AI search engine. ZuriFault, itself developed by a Zurich team, improves motor liability insurance decisions through Agentic AI.

In addition to the Hackathon winners, three Championship alumni who continue to work with Zurich were also represented. For example, Lisa Insurtech from Columbus, Ohio, which has been working with Zurich since 2022, enables more efficient processing of 1 million claims per year with its AI platform for health insurance claims. Sixfold from New York accelerates commercial insurance underwriting processes with its AI platform and Nearmap from Barangaroo in Australia identifies real estate insurance risks with its image solutions and the AI-supported Betterview platform.

All winners may continue to work with the insurer as venture clients, gain access to over 150 markets and further equity financing. ce/yes

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