At wavespace Berlin Kreuzberg five well-known competing insurance companies HDI, ECCLESIA Group, Provinzial NordWest, Die Stuttgarter and Barmenia cooperated in insurHUB with start-ups and cross-industry partners in order to develop several business model innovations for the insurance industry. During the nine month-program, first business ideas were validated, Minimal Viable Products (MVP) were built and employees were enabled to acquire important digital know-how which they will transfer to their companies to drive cultural change. wavespace offered the unique possibility to try and also fail in an inspirational and secure environment, to connect with start-ups and to access the expertise of etventure in building successful companies.
7 Design Thinking Sprints covering the key topics living, mobility and health
Organization of 27 networking-events
25 ideas generated which led to two minimal viable products (MVP)
wavespace provides a really good base for the insurHUB concept and offers the ideal conditions for cross-competition cooperation - here, co-creation becomes reality!
It is really fun to be here! What I really like about wavespace is the fact that co-creation is not just theoretically discussed but realized.
The insurHUB is a 9-month innovation program in which five well-known competing insurance companies (HDI, ECCLESIA Group, Provinzial NordWest, Die Stuttgarter and Barmenia) work together with their partners EY Innovalue, SAP and V.E.R.S. GmbH to develop new innovations for the insurance industry.
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