Aviva Canada and OneEleven have announced the startups chosen to participate in the largest InsurTech Growth Program in Canada. The five selected startups were picked to develop their projects and drive innovation in insurance after an extensive application and selection process.

“OneEleven is proud to work with Aviva Canada on a series of initiatives that nurture and build the InsurTech ecosystem in Canada,” says Amanda Filipe, Partnerships Manager at OneEleven. “This InsurTech Growth Program is a truly collaborative and focused effort that will directly impact the growth of these five incredible companies.”

The five startups will begin their intensive four-month growth program with Aviva Canada and OneEleven starting immediately. They include:

Maple

Maple enables timely and convenient access to non-emergency healthcare in a time when the Canadian healthcare system is under tremendous pressure to cope with an aging and growing population. They connect patients with physicians 24/7 through an online, interactive consultation room available on mobile, tablet or computer. Learn more: https://www.getmaple.ca/

MapYourProperty

MapYourProperty (MYP) is an intelligence platform, providing key real estate and land development information in three simple clicks. The platform can provide a due diligence report in under 30 seconds. MYP clients can access prospective commercial project in real-time and streamline their risk diligence process by 50%. Learn more: https://mapyourproperty.com/

RateHub

RateHub aims to facilitate faster and more accurate insurance quotes with meaningful comparisons from the providers that most closely align with what users actually need. To do this, RateHub secures proprietary and external data sources with auto capture technologies that streamline the end-to-end process for 800,000 monthly visitors. Learn more: https://www.ratehub.ca/

Soundpays

Soundpays utilizes ultrasonic sound wave technology to deliver product purchase information directly from advertising or broadcast content to the mobile device. Users can make instant, single-touch purchases while viewing an ad – whether it be on TV, online or digital signage. Learn more: http://www.soundpays.com/

WealthTab

Streamlining account opening, quoting and client proposals for financial services and insurance. WealthTab reduces the number of steps it takes to validate and synchronize client information. Learn more: https://www.wealthtab.com/

“These five startups offer a wide range of solutions to the InsurTech ecosystem reaching healthcare, financial and commercial real estate services,” says Ryan Spinner, Head of Digital and Innovation at Aviva Canada. “We’re thrilled to kick-start this mentorship program together with OneEleven and have the opportunity to work with these startups firsthand and accelerate their innovation projects.”

The InsurTech Growth Program aims help startups in fast-growing sectors accelerate their development and facilitate introductions to key players. InsurTech has grown rapidly in the insurance sector and more than 74% of insurers believe that their companies will be disrupted in the next three years.