4YFN - Interview with Insurtech Community Hub

Barcelona Health Hub returns once again to 4YFN 2023, the startup business platform at the Mobile World Congress next month. At the BHH stand you’ll explore cutting-edge technologies, new tendencies and future solutions, provided by the BHH members. One of the companies you can meet at 4YFN is BHH member Insurtech Community Hub.

It’s a meeting and cooperation space to promote and boost digital innovation in the insurance sector, accelerating its digital transformation. Founded in 2020, Insurtech Community Hub is the largest Insurtech Hub (face-to-face + digital) at the Ibero-American level with physical headquarters in Madrid, and more than 110 associated members. In addition to the associated members, Insurtech Community Hub has a community of thousands of followers and subscribers in its RRSS, Newsletters and periodic meetings. Today we meet with Oscar Paz Managing Director of Insurtech Community Hub, who will share with us more about their expectations for this edition of 4YFN.

Oscar, thank you for joining Barcelona Health Hub! We’re looking forward to seeing you at the BHH stand at 4YFN. Can you please introduce yourself and tell us about Insurtech Community Hub? I have been linked to innovation in the insurance sector for nearly 27 years, I started in the mid-90s implementing contact centers and for almost 10 years I have been 100% focused on insurtech, currently as general director of Insurtech Community Hub, from where we are creating a great ecosystem to promote and accelerate innovation and digital transformation of the insurance sector through the collaboration of different actors such as insurance entities, brokers, startups, investors, consultants, universities and business schools mainly. We are currently close to 110 members and we also have agreements with a dozen Hubs such as InsurteChile, Asociación Insurtech México or Insurtech Hub Munich, and of course also with Barcelona Health Hub. And in fact during this 2023 we will continue closing new agreements with innovation hubs and entrepreneurship ecosystems to maximize the networking opportunities of our members, for example a few days ago we announced a new agreement with EO Madrid.

Can you elaborate about what’s new at the Insurtech Community Hub these days? We are currently very focused on organizing our great annual Insurance World Challenges event, which will take place on March 22 in Madrid and in which we are going to bring together close to 500 attendees in person, and in which we are going to discuss topics such as insurance and protection of healthy and long life or of digital and purposeful companies. In addition, throughout 2023 we are going to hold nearly 25 meetings and workshops both in Madrid and Barcelona on different topics of interest identified by our members on aspects as diverse as Open Insurance, the Silver Economy or cyber insurance. Lastly, during this 2023 we have implemented many new features so that our members have maximum visibility and interaction so that they can close business opportunities with each other. For example, we have launched a "match" service to maximize connections between members.

BHH is glad to see you present at the digital health area of Barcelona Health Hub. Could you share why you decided to join Barcelona Health Hub at 4YFN? 4YFN is a must for anyone who is dedicated to entrepreneurship or innovation and BHH's initiative to create a space dedicated exclusively to health seems to us to be very successful and differential (Congratulations!). In addition, the health business is growing a lot in the insurance sector and we think that there are many interesting synergies between both ecosystems.

You’re also acting as a moderator in the #BHHPanel about "The Role of Hospitals as a Key Stakeholder for Digital Health Adoption." Can you tell us what would be your key message at the panel? In general, from our insurance position, prevention is essential to reduce accidents and avoid accidents, and in the area of health the possibilities are very great thanks to the numerous digital health initiatives that have emerged in recent years. The role of the hospital is essential to prescribe treatments that, with the help of digital solutions, promote healthy habits or allow rehabilitation to be carried out more efficiently and help people live healthier and longer lives.

What are you excited about these days at the 4YFN conference? 4YFN is always a good meeting place, I personally have been going there since 2015 and I have always connected with interesting people with whom I have later been able to carry out business opportunities. It is also a very good place to find out about new trends in other sectors but that in one way or another can be applied to the insurance sector. And of course 4YFN is a good opportunity to have fun at some of the many interesting parties that take place.

Is there anything else you want to share with us? Just to invite all readers to visit us during 4YFN and discover how Insurtech can be an interesting option to keep in mind when developing business from their different companies.

If you’re interested in meeting the Insurtech Community Hub, don’t hesitate to visit the BHH Stand 8.1D30 in Hall 8 on Wednesday and Thursday. Barcelona Health Hub is already looking forward to meeting you! More information here.