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Quesnay's Female Founders in InsurTech 2020

Quesnay's Female Founders in InsurTech 2020

Digital technology continues to transform the global insurance industry. How will your startup fuel essential innovation?
stage:
Enter
prize:
$25,000
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Overview

Challenge Overview

Female Founders in InsurTech 2020 is an open innovation competition targeted at promoting female entrepreneurs with solutions relevant to the insurance industry and address technology opportunities.  This is the third year Quesnay is running a dedicated InsurTech innovation competition as part of the Female Founders in Tech series. 

 

Challenge Question

Digital technology continues to transform the global insurance industry (with the recent pandemic further accelerating change). How will your startup fuel essential innovation?

 

Why Insurance?  

Across the board, women are underrepresented in insurance.  Especially when looking at c-suite positions...

Source: Increasing Gender Diversity in Insurance Leadership

Moreover, women raised only 2.8% of capital invested across the entire U.S. startup ecosystem in 2019 (PitchBook).  The need to elevate female leaders is indisputable.

 

How Quesnay is Solving the Problem

Quesnay launched the Female Founders in Tech program in 2017 to identify and evaluate innovative technology solutions and unique talent for corporations while also providing visibility, access to capital, mentorship, and partnership opportunities to startups.  The series has expanded to include programs in industries including financial services, insurance, mobility, and telecom.  Each program drives employee engagement, inclusion, and promotes corporate-startup collaboration.

Since inception, more than 650 startups from 63 countries have applied and our winners have gone on to raise over $35M in venture capital funding and/or have been acquired by large corporations.

Check out last year's Final Pitch Event at InsurTech Connect in Las Vegas, NV:

 

Guidelines
Timeline

Challenge Timeline

start
June 17, 2020, 8:45 a.m. PDT
Date Launched
June 17, 2020, 9 a.m. PDT
Enter
Application Period Start:
If you're a female founder, co-founder, CEO, or C-suite leader of a startup with a Minimum Viable Product (MVP) applicable to the Insurance industry, apply before the deadline!
July 10, 2020, 3:20 a.m. PDT
You are here
July 26, 2020, 8:59 p.m. PDT
Submission Deadline
Submission Deadline, last day to submit an entry
July 31, 2020, 6 a.m. PDT
Judging
Online Judging:
Industry experts and leaders review and score Submissions
Aug. 9, 2020, 9 p.m. PDT
Judging Closed
Online Judging Ends
Aug. 17, 2020, 6 a.m. PDT
Virtual Mentorship Start
Virtual Mentorship Start:
In preparation for the Final Pitch Event, Top Five Finalists are matched with industry leaders and enrolled in educational and coaching sessions.
Aug. 17, 2020, 9 a.m. PDT
Finalists Announcement
Finalists Announcement:
Top Five Finalists as determined by Online Judges are announced by Quesnay
Sept. 10, 2020, 9 p.m. PDT
Virtual Mentorship End
Virtual Mentorship End
finish
Sept. 21, 2020, 3 p.m. PDT
Won
Final Pitch Event:
The Top Five Finalists will convene to virtually pitch their solutions to a panel of expert judges and audience.

1st, 2nd, and 3rd Place Winners will be announced at the Final Pitch Event!
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