Our Innovation mission
The Baloise open innovation strategy stands for engaging with the wider entrepreneur community to help new ideas grow. We want to strengthen Baloise’s competitive edge in the market and at the same time help entrepreneurs grow and fund their companies. This approach involves corporate venture capital, venture building, collaborative pilot projects, partnerships, and as well as setting up our own startups. While we are primarily focused on FinTech and Insuretech spaces, we also know that there are many various relevant connections to other ecosystems so therefore we always keep an open mind.
What are we looking for?
Insurance to improve our products, processes & interfaces
Our aim? To work together with startups to boost our core business. We are looking for startups offering solutions that could improve our products, processes and customer interfaces.
How and why you should work with us
The times where we wanted and were able to do everything alone are long gone. We are always looking for innovative partners to help us make our insurance business more efficient and above all more customer-friendly. With this in mind we invite startups to pitch possible proof of concepts or pilot projects. Then, if both sides are interested, a more long-term partnership may emerge. Since we have a team dedicated to this and a lot of experience in this area, this process is quick and straightforward. Time is a valuable commodity and we want to find valuable solutions for both parties.
Our corporate venture capital platform aims at making investments that create a financial return and helps to innovate our core business and core ecosystems. The investments are primarily in Fintech and Insuretech spaces, yet aim to look ahead to future business models. These may be closely associated with our core activities in an another five or even ten year long time horizon. That is one of the reasons we invest not only in European, but in American and Israeli Seed or Series A stage companies.
To combine the best of both worlds, the know-how of an insurance company with all of its facets (e.g. Life / Non-Life / Asset Management), and the expertise of startup investment professionals, we work together with venture capital company Anthemis in identifying and evaluating investment opportunities.
We work with universities and think tanks to promote innovation. We believe that bringing together diverse stakeholders and expanding our network help us to think outside of the box, which allows us to work together to shape the future of the insurance sector and beyond.
Our employees are major contributors to Innovation @ Baloise. With our internal innovation program “Kickbox”, we want to enable our staff to work on their own innovative ideas. The Kickbox offers a three-stage process that leads the participant from exploration to incubation within 12 months.
Are you a Baloise employee? Start a Kickbox!
Baloise’s Simply Safe strategic journey aims at making customers’ lives easier and safer in three key areas: Home, Mobility and Insurance. That is why we have started building a portfolio of ventures in the last couple of years, by either investing in start-ups or establishing our own start-ups. Our overview presents a selection of the innovations we have introduced since we set off on our journey.
California based life insurance startup that helps you customize a policy based on your interests, budget, and individual situation. Amplify offers term, permanent, and cash value life insurance. Go to www.beamplify.com
Hedging solutions platform for the Agri Food Industry. Combining modern data science with an old-fashioned customer focus has enabled Stable to reimagine risk management. Go to www.stableprice.com
AI platform for efficient claims processing. Seamless integration into existing claims systems. Automate processes and reduce costs. Go to www.omnius.com
MOVU offers its customers a relaxed relocation, and at the same time brings transparency to the Swiss moving market. Go to www.movu.ch
Dry cleaning & laundry services. Smart laundry for smart people. Go to www.bluebox.ch
Devis provides a free network of companies selected by experts throughout French-speaking Switzerland according to precise criteria: skills, specialisations, location and know-how. Go to www.devis.ch
Houzy is the first open platform for homeowners in Switzerland with strong partners, a lot of expert knowledge and a rapidly growing community. Go to www.houzy.ch
Batmaid is a platform for booking a cleaning service. Go to www.batmaid.ch
Keypoint is the digital assistant for all parties with decision-making power on repairs, maintenance and building management. Go to www.keypoint.be
gowago.ch offers a new way to get a car in Switzerland: simpler, more trustworthy and fairer. Go to www.gowago.ch
Rent smartly with Rentio. The platform for landlords, property managers, estate agents and tenants. At Rentio you will find everything you need to rent or let without worries! Go to www.rentio.be
The first technical inspection body for real estate in Belgium. ImmoPass is a building control office that carries out technical audits for residential and office buildings. Go to www.immopass.eu
Mobly makes mobility easier through innovative solutions and mobility services. Go to www.mobly.be
aboDeinauto is the leading used car subscription platform in Germany. Go to www.abodeinauto.be
Drivolution improves safety and environment through driver and mobility behavior in organizations. Go to www.drivolution.be
Ben is the tech-driven one-stop-shop service company for all fleet maintenance services. Go to ww.benfleetservices.com
Xapix provides real-time data, system and device integration and orchestration, and applied AI. Go to www.xapix.io
Humanising Autonomy is building the global standard for intuitive interaction between people and machines. Go to www.humanisingautonomy.com
TWIICE develops powered exoskeletons that help people with mobility disorders walk again. Go to www.twiice.ch
Stratos Technologies digitizes aftersales processes for full-service leasing, fleet, insurance and garage-chains. Go to www.stratos-tech.ch
GoMore is a Danish carsharing platform enabling private car rental, shareable leasing and ridesharing. Go to www.gomore.dk
Our team brings together a wide range of experiences from both the corporate and the start-up world. Reach out to us personally if you have topic specific questions.
Open Innovation Developer | I provide and further develop our innovation tools used by internal and external innovators | Email