Silicon Valley Accelerator Plug and Play announces its 6th Insurtech batch to help disruptive startups grow and succeed
San Francisco, USA and London, UK - 15 April 2019 - Portabl, the insurtech startup designed for freelance, gig and self-employed workers around the world, has been picked by the Plug and Play innovation platform to join its Insurtech Batch of innovative companies.
The accelerator identifies high-potential startups and supports their growth and success through introductions to mentors, potential business partners and investors.
Portabl is designed to provide a new wave of insurance, benefits and savings products for the fast-growing number of freelance, gig and self-employed workers around the world.
As well as working status, Portabl takes into account individual's' life stage; their family situation and their industry sector to provide the best portfolio of portable insurance and financial services, plus a wide range of benefits to enhance their personal and working lives, all for an easy-to-manage monthly fee.
Mike Minett, Founder and CEO, Portabl, says: “Joining Plug and Play’s Insurtech Batch is an incredible opportunity to accelerate our launch plans. Millions of freelance, gig and self-employed workers are being left uninsured and unprotected because they don’t have access to the flexible, affordable range of services they need and deserve.
“We’re building a new, global community of people who relish the freedom and variety that the new working world offers, but who don’t want to have their health or wealth compromised by leaving behind the financial and benefits support systems of the traditional corporate world.
“Portabl is going to tap into the massive pool of talented men and women who are consulting, self-employed, freelance or gig economy workers who need insurance and benefits that are fit for purpose for this new world of work.”
Plug and Play selects the most innovative startups through a rigorous process where short-listed companies are invited to pitch to over 75 corporate partners. These partners then vote on which startups they believe should join the program. 35 companies were selected for this sixth Insurtech batch. Throughout the three-month program, startups connect to Plug and Play’s global ecosystem, collaborating with corporate partners and attending deal flow sessions, networking events, business development matchmaking and mentor sessions.
Marylebone is a marketing and communications agency with a hands-on and agile approach. Working with clients around the world focusing on tech - including fintech, insurtech, automotive technology and M&A.
Portabl is a startup Insurtech platform, founded by Mike Minett, to provide insurance, benefits and savings products specially-designed for the fast-growing number of freelance, gig and self-employed workers around the world.
Portabl takes into account new ways of working; individual’s’ life stage; their family situation and their industry sector to provide the best portfolio of portable insurance and financial services, plus a wide range of benefits to enhance their personal and working lives, all for an easy-to-manage monthly fee.
For more information, visit www.portabl.co
About Plug and Play
Plug and Play is a global innovation platform. Headquartered in Silicon Valley, they have built accelerator programs, corporate innovation services, and an in-house VC to make technological advancement progress faster than ever before.
Since inception in 2006, their programs have expanded worldwide to include a presence in over 20 locations globally, giving startups the necessary resources to succeed in Silicon Valley and beyond. With over 10,000 startups and 280 official corporate partners, they have created the ultimate startup ecosystem in many industries. They provide active investments with 200 leading Silicon Valley VCs, and host more than 700 networking events per year. Companies in their community have raised over $7 billion in funding, with successful portfolio exits including Danger, Dropbox, Lending Club, and PayPal.
For more information, visit www.plugandplaytechcenter.com.