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Most big French groups have their #CVC. I used to work for one. I have also created many #CVC vehicles or worked for them.

But for ETI or Mid-Sized Corporates? How to create a vehicle w/o hiring or w/o being a passive Limited Partner to a typical funds?

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Odysseus develops this platform in order to better help ETI to launch their CVC because unlike typical VCs, we want to co-create business opportunities also...

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Avoir son propre fonds de capital-risque pour investir dans les jeunes pousses est devenu un must pour les grands groupes. Près de 40 grandes entreprises tricolores ont leur "corporate venture"

Qui n'a pas son fonds de « corporate venture » ? Avoir sa propre structure de capital-risque pour investir directement dans des startups est devenu incontournable chez les grands groupes français, dans leur stratégie d'open innovation et de veille concurrentielle et technologique. Le Corporate Venture Capital (CVC) n'est pas un phénomène nouveau, mais il a pris une énorme ampleur ces dix dernières années avec l'accélération du rythme des innovations et l'arrivée de nouveaux entrants et technologies bousculant tous les secteurs. Au point que les fonds corporate sont devenus un maillon indispensable de la chaîne de financement dans l'écosystème de startups dans le monde en général et en Europe en particulier.

La participation des fonds d'entreprise a atteint un record historique dans le monde l'an dernier selon CB Insights : plus de 2.740 tours de table d'un montant proche de 53 milliards de dollars (en hausse de 47%). Ils sont désormais présents dans près d'une opération sur quatre (23% contre 16% en 2013).

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[Les fonds de corporate venture du monde entier ont participé à un record de 2.740 tours de table en 2018, pour...

 

 

Last day at @AXAVentures as #GP ! The "#Insurtech #VC" will return (@Minh_Q_Tran)

29/9/2013 = AXA Seed Factory's launch (10m€)

 

29/4/2017 = AXA Strategic Ventures' new website (275m$)

 

The #Insurtech #VC = VCs love insurance, even if you don’t (Techcrunch)

Joanna GlasnerCONTRIBUTOR

 

Joanna Glasner is a reporter for Crunchbase.

More posts by this contributor:

• Not a minimalist? Startups will gladly store, manage and deliver your items
• The state of the unicorn

Most people hate shopping for insurance, and they don’t enjoy talking about it either. That’s probably why you’re unlikely to hear about the industry’s current transformation in conversation, even in startup circles.

But make no mistake, there are vast sums of venture dollars going into insurance deals. Investment has risen dramatically, with VCs betting that, in the coming years, we’ll see major shifts in both how we buy insurance and what types of items we insure with it.

So far this year, insurance-focused startups (excluding the Asian continent*) have raised more than $700 million, almost as much as they raised in all of 2016, which was itself an especially busy year for the space. Much of the funding boom comes from big insurers themselves, who are backing and leading more rounds for insurance startups, as well as companies in related areas like financial services. In the chart below, we look at funding growth over the past four years:

Insurance investment totals are heavily driven by a few large rounds. Over the past year, the two biggest funding recipients are tech-enabled health insurer Bright Health and pay-by-the-mile auto insurer Metromile, which raised $160 million and $153 million, respectively. In 2016, health insurance provider Oscar Health took in $400 million in growth funding, more than 40 percent of all insurance startup investment.

At first blush it may seem like insurance and venture capital make an odd couple.

There are plenty of smaller and mid-sized rounds getting done, too. Over the past year, at least 75 companies in the insurance space have raised rounds of $1 million or more, and about a quarter of those were for $20 million or more. They cover a big range of business models, as well, including new insurance categories, online platforms for comparing and purchasing coverage and tools for providers to better assess risk.

One might be inclined to call these startups industry disruptors — except that their biggest supporters seem to be long-established players in the space.

 

We hear you like insurance

As mentioned, a sizeable chunk of the financing comes from insurance companies themselves, many of whom have dedicated venture arms. The most active by round count looks to be AXA Strategic Ventures, the VC arm of French multinational insurer AXA. The two-year-old fund has invested in two dozen companies over the past two years, including a $6.5 million round it led this month for QLoo, a celebrity-backed developer of AI-powered tools for mapping cultural tastes. MassMutual Ventures, the VC arm of insurance giant MassMutual, has also been keeping busy, backing 16 companies over the past three years. In the chart below we look at a few:

Well-known venture firms are also leading significant rounds. New Enterprise Associates, for instance, backed both Metromile and Bright Health, along with Indio, a seed-stage commercial insurance startup. Accel and Bessemer have also each made three insurance-focused investments in the past couple of years. And over the years, most of the biggest Silicon Valley firms have at least one investment in the space.

But while it looks like large sums are going into insurance deals, the figures may underestimate the breadth of activity. One reason is that many fast-growing players in the insurance space operate in other industries too, such as financial services. A case in point is Credit Karma, the credit score unicorn that now offers auto insurance quotes alongside offers for credit cards and other financial products.

What next?

At first blush it may seem like insurance and venture capital make an odd couple. Venture capital is all about taking big risks for the potential of even bigger payouts down the road, while insurance is all about quantifying and mitigating risk.

In small allocations, however, venture can actually be a strategy for reducing risk, as it allows large, entrenched players to track and take stakes in the upstart ventures that could reshape their industries. It’s worth noting that many of today’s largest insurance companies have histories that date back a couple of centuries. They didn’t  last this long without some ability to adapt to changing times.

* Crunchbase’s tally of insurance investment totals excluded Asia, which sees fewer deals but some large ones. The biggest to date is Zhong An, a China-based online insurance company that raised more than $900 million two years ago.

#Insurtech #AXA - The first “instant insurance” for the Italian market offered by AXA Italy in partnership with Neosurance

The first instant insurance proposed by AXA Italy and Neosurance can be activated with just 3 touches of the screen and is for now exclusively available for the 25.000 users of the Tiassisto24 community. 

AXA Italy is known for being a dynamic insurance group that searches for new and innovative ways to make the best of what the market has to offer. AXA has been working on building an ecosystem which fosters innovation, identifies valuable resources and ideas and applies them in the way they do business. The main sources of fresh ideas come from AXA Labs, AXA Strategic Ventures, AXA Partners and AXA Digital Partnerships and Kamet Ventures –great instruments of absorbing what is best out there in terms of partners, insight and knowledge.

Still, “the insurance industry is known to be change resistant but some of them are forward thinking and definitely working on  accelerating the pace of innovation”, according to Matteo Carbone, insurtech thought leader.

Talking in Madrid at @MoneyConfHQ with @ScottWalchek, @Yashish001 and @mikefitz01

#Insurtech #AI = @AXAVentures organizes a conference on June 27th at @Facebook France

AXA Strategic Ventures (ASV) organizes it's first thematic conference: Artificial intelligence (AI), myth or reality? in partnership with Facebook. Join us for this one day event that will bring together leading AI start-ups, international investors and key opinion leaders. The day will be organized around a series of keynotes, roundtables and will include live demos from the start-ups on AI applications for the real world. AI: myth or reality? How AI applies to different verticals? what is investors view about value and future of AI? The ASV one-day conference will take place at Facebook in Paris, where Facebook’s worldwide team of experts (Facebook Artificial Intelligence Researchers – FAIR) is conducting cutting edge work in the field of machine intelligence. The one-day event will be an opportunity to meet relevant people in that space! We look forward to seeing you at the event!    Ps: please RSVP at your earliest convenience as the capacity is limited, only accessible with an invitation.   For any question you may have, please send an email to: [email protected] 09h00 › 09h15 Welcome speech by Facebook  — 09h15 › 10h15 A brief history of AI and focus on today's applications - Keynote speaker — 10h15 › 10h45 Break — 10h45 › 11h45 Roundtable #1: Investment in AI : is it not too late? — 11h45 › 12h45 Cognitive & Artificial intelligence: the 4th industrial revolution - Keynote speaker — 12h45 › 14h00 Lunch — 14h00 › 15h15 Roundtable #2: AI opportunity for the start-ups, still an eldorado? — 15h15 › 15h30 Break — 15h30 › 16h15 Pitch with start-ups - 5' for each start-up — 16h15 › 16h30 Concluding remarks — 16h30 › 17h30 Cocktail

#Insurtech news for @AXAVentures @AXAFactory @Fundshop = @GroupeApicil invests 2,2m€

 

Minh Q. Tran, General Partner d’AXA Strategic Ventures

"We are delighted to work with AEC and Apicil on this new acceleration in France and will develop new projects abroad in the near future"

 

 

LE GROUPE APICIL PREND UNE PARTICIPATION DE 2,2 M€ DANS FUNDSHOP AVEC L’AIDE D’AEC FINTECH

Pour accélérer son déploiement sur le marché français, FUNDSHOP renforce ses fonds propres avec 2,2 millions d’euros levés auprès du Groupe APICIL, Groupe de Protection sociale qui accompagne les entreprises et les particuliers en Santé, Epargne, Prévoyance et Retraite. Cette importante levée de fonds marque une nouvelle étape dans la croissance de FUNDSHOP qui donne ainsi priorité à son développement sur le territoire français et à son programme de R&D.  AEC Partners qui avait annoncé en fin d’année 2016 l’ouverture de son département Fintech, « AEC FINTECH », se félicite d’avoir bouclé cette première opération pour APICIL.

Créée en avril 2013 par Leonard de Tilly et Florian de Miramon, puis lancée en Février 2015, FUNDSHOP est une startup de la Fintech française qui propose des applications de construction et gestion de portefeuilles aux conseillers en gestion de patrimoine, courtiers, banques et autres distributeurs de produits financiers pour les aider à digitaliser et industrialiser le conseil en investissement financier à destination de leur client.

 

Seule plateforme BtoB française, FUNDSHOP propose des solutions de robo-advisor en marque blanche aux institutions financières. Ces solutions permettent aux particuliers, clients des assureurs vie, de prendre en main la gestion de leur épargne et d’en optimiser la performance, en direct ou via un conseiller. Tout cela, grâce à un outil simple, personnalisé, transparent et performant utilisant des algorithmes quantitatifs, développés par une équipe d’ingénieurs financiers et en partenariat avec l’Ecole polytechnique. Des recommandations d’allocations de portefeuille sont générées automatiquement pour les utilisateurs afin d’optimiser le budget de risque autorisé par leur profil, en fonction des conditions de marché et des contraintes d’un produit (frais, supports financiers éligibles).

L’approche stratégique de FundShop consiste à produire des services complémentaires à la chaîne de distribution des produits d’épargne en vue d’accompagner sa digitalisation. Les solutions proposées couvrent les obligations réglementaires, l’ingénierie financière, le service client ; elles s’appuient sur un ensemble de fonctionnalités paramétrables qui permettent de construire un robo advisor sur mesure. Avec FUNDSHOP, les utilisateurs finaux peuvent intégrer sur une même plateforme plusieurs contrats d’assurance vie quelle que soit la compagnie d’assurance. Ils seront ainsi informés à leur rythme des propositions du robo-advisor qui traduit de manière pédagogique les probabilités de gains et de pertes du portefeuille du client. La plateforme propose ensuite une optimisation de l’allocation qui sera suivie dans le temps avec des systèmes d’alertes et de reporting poussés par mail, SMS ou bientôt via des notifications mobiles. Cette approche unique permet de travailler sur l’épargne déjà constituée, sans nécessiter de souscrire un nouveau produit (plug and play).

Cet apport de fonds permettra ainsi à FUNDSHOP d’accélérer sa croissance sur le marché français sur lequel déjà 12 clients ont choisi la solution ; ils visent d’en atteindre 20 d’ici la fin d’année. Un programme d’embauche sera lancé avant l’été pour renforcer l’équipe actuelle constituée de 8 personnes. En plus de livrer ses clients existants et futurs, FundShop prévoit de lancer un nouveau programme de R&D ambitieux pour permettre à ses partenaires de rester à la pointe de l’innovation. L’entreprise poursuivra également son déploiement en Europe et à l’international puisqu’elle compte déjà un partenariat aux EAU.

Via cette opération, le Groupe APICIL soutient l’innovation et participe de manière active à la transformation Digitale des métiers de la gestion de patrimoine et des services financiers.

L’offre de service développée par FundShop est originale et efficace, et le partenariat avec le Groupe Apicil permettra par ailleurs de déployer et décliner une offre sur-mesure pour chacun de ses réseaux.

 

Pour Léonard de Tilly, Président de FUNDSHOP

« Nous sommes particulièrement ravis d’être accompagnés par le groupe APICIL qui, par son dynamisme et son savoir-faire dans le secteur de l’épargne, va nous permettre d’accélérer fortement le développement de notre solution innovante. APICIL partage notre vision BtoB sur laquelle nous avons fait nos preuves et leur arrivée devrait nous institutionnaliser davantage et contribuera à convaincre nos plus gros prospects de travailler avec nous ».

 

Pour Renaud Célié, DGA du Groupe APICIL

« FUNDSHOP s’inscrit dans des écosystèmes très vertueux de solutions efficaces et adaptables,  à faibles contraintes et forte valeur ajoutée pour tous.

Nous sommes heureux d’être à l’initiative de tels développements innovants dans nos métiers, et de nous inscrire comme toujours dans une dynamique agile et de croissance ».

Pour Stéphane Olmi, Managing Partner de AEC Fintech

« Contenu de la spécialisation de FUNDSHOP pour le BtoB, nous avons pensé que cette Fintech était le partenaire idéal pour le groupe APICIL. Les équipes d’APICIL vont pourvoir ainsi optimiser leurs offres tout en gagnant en productivité et en accélérant la transition des fonds Euros vers les Unités de Compte ».

 

« Beaucoup d’entreprises de la Fintech sont venues nous trouver depuis l’annonce la création de ce nouveau département au sein d’AEC Partners en fin d’année 2016.  Il reste encore un énorme travail d’évangélisation sur ce domaine auprès de nos partenaires mais nous sommes très confiants. Les assureurs de leurs cotés suivent de près ces jeunes pépites de la French Tech très prometteuses pour l’optimisation de leurs services ».

 

Pour Minh Q. Tran, General Partner d’AXA Strategic Ventures

« Nous sommes ravis de travailler avec AEC et Apicil sur cette nouvelle accélération en France et développerons de nouveaux projets à l’international dans les mois qui arrivent. »

News about @AXAVentures and congrats to @_Joyce Phillips who joins the Management Committee of the AXA Group and becomes CEO of a newly created business unit dedicated to customer innovation and new business models

 

AXA announces the appointment of Joyce Phillips as CEO of a new business unit dedicated to customer innovation and new business models, and as a Member of the Management Committee of the AXA Group, effective May 10th. She will report directly to Thomas Buberl, CEO of AXA. Recently, she was CEO of Global Wealth at Australia & New Zealand Banking Group Limited.

This new business unit will federate AXA’s initiatives aiming at expanding the value chain of insurance services by leveraging new technologies as well as the Groups’ innovation ecosystem. It will operate on a global level with dedicated resources, including existing ventures such as AXA Partners, AXA Next, AXA Strategic Ventures, Kamet. It will also allow the development of new business propositions aligned with AXA’s 2020 strategy.

 

I am very happy that Joyce Phillips is joining AXA. She is an accomplished CEO with a proven execution track record in the financial industry and a passion for new technologies and innovation. The insurance sector is at a turning point with new trends and opportunities which AXA has started to capture thanks to its vibrant innovation ecosystem. I am convinced that the set-up of this new business unit under Joyce’s leadership will allow us to further leverage our existing capabilities and develop new business models and services in order to accelerate the pace of change for our customers.

Biography

Joyce Phillips, during a 25-year career, has worked across every sector, in banking, financial services and the insurance industry, and held senior roles with global and regional responsibilities in the United States, Asia and Australia. From 1997 to 2007, she held senior executive roles for Citigroup in New York and Tokyo, including Global Head of International Retail Banking, then she was President and Chief Operating Officer at American Life Insurance Company (ALICO), a subsidiary of American International Group, Inc. In 2009, she joined Australia and New Zealand Banking Group Limited (ANZ) as Group Managing Director, Strategy, M&A, Marketing and Innovation. She was most recently CEO of ANZ Global Wealth Division and Group Managing Director, Marketing and Innovation. Joyce holds an MBA from the Stern School of Business at New York University and is fluent in Japanese. She was named on the U.S. Banker "25 Most Powerful Women in Banking and Finance" list in 2006, 2007 and 2008, and was recognised as one of the Top 100 Fintech leaders in Asia in 2016.

How to link the #Insurtech ecosystems with the Entreprise Innovation Model from PWC

AXA Strategic Ventures in 2 anni 20 investimenti in startup. “Ora guardiamo all’Italia”

 

AXA Cafè

AXA Strategic Ventures in 2 anni 20 investimenti in startup. “Ora guardiamo all’Italia”

16 Feb 2017

SCRITTO DA:  ANNA GAUDENZI 0 COMMENTS

   

Minh Q. Tran, General Partner di AXA Strategic Ventures traccia un bilancio dei due anni di attività del fondo e annuncia: “Alziamo il capitale a 400k e iniziamo uno scouting su 2000 startup”.
«Le assicurazioni devono investire nelle startup perché possono portare a cambiamenti importanti nel settore. AXA Strategic Ventures si propone come forza di accelerazione per le startup che hanno il potenziale per rivoluzionare il mercato assicurativo e renderlo più attrattivo per i Millennials». Minh Q. Tran, General Partner – Europe di AXA Strategic Ventures racconta in un’intervista esclusiva a StartupItalia! le strategie del fondo di investimenti di AXA lanciato due anni fa e annuncia: «Abbiamo già reso pubblico il nostro primo investimento in una startup italiana (750k per Floome n.d.r) e non ci fermeremo quiı».

Dottor Tran, due anni fa avete deciso di lanciare AXA Strategic Ventures, che cosa vi aveva spinto a farlo e a quali risultati vi ha portato?

«In questi giorni stiamo festeggiando i due anni dal lancio del fondo di investimento di AXA ma per capire perché abbiamo deciso di intraprendere questa strada bisogna tornare al 2013 quando abbiamo iniziato a investire in startup con AXA Seed Factory, un seed fund lanciato in Francia e che poteva contare su un capitale di 10 milioni di euro. Dato il successo di questa prima iniziativa abbiamo deciso di continuare su questa strada ma ingrandendoci e inaugurando AXA Strategic Ventures, un fondo di venture capital da 250 milioni di euro che si pone l’obiettivo di finanziare startup che portino innovazioni strategiche nei settori assicurativo, dell’asset management, dell’industria dei servizi tecnologici finanziari e dei servizi sanitari. A questi 250 milioni quest’anno se ne vanno ad aggiungere altri 150, il che ci porta a gestire un capitale da 400 milioni di euro. Al momento lavoriamo in Europa e Stati Uniti con 4 uffici e 12 persone dedicate. In questi due anni abbiamo realizzato 20 investimenti e al momento stiamo iniziando una nuova fase di scouting che coinvolgerà 2000 startup».

Verso quali settori rivolgerete gli investimenti dei prossimi mesi? Guarderete anche all’Italia?

«Siamo molto interessanti a progetti che abbiano come focus il Cloud. In particolare cerchiamo startup che ci propongano qualcosa di innovativo e infrastrutture Cloud con sistemi che possano aiutare la nostra rete distributiva a lavorare meglio. Ma questo è solo uno dei settori a cui guardiamo. Siamo interessati a tutte le tecnologie che possono migliorare il mondo delle assicurazioni. Tra le varie aree di interesse abbiamo i Big Data, l’Internet of Things, la Blockchain, l’analisi predittiva. Insomma ci interessano tutte le tecnologie che possano conciliarsi con il nostro business e avere su di esso un impatto disruptive. Per quanto riguarda l’Italia abbiamo appena annunciato il nostro primo investimento: 750K sulla startup Floome. Ma non ci fermeremo qui. Abbiamo lanciato un vero e proprio fondo anche in Italia e cominceremo a fare scouting di startup».

Come dev’essere una startup per destare il vostro interesse?

«Io mi occupo in particolare di startup early stage. Ci sono tre cose a cui guardo: il team, il business model e la capacità di rispondere a un’esigenza di mercato. Per fare una startup bisogna costruire una squadra di successo che lavori bene e che sia in grado di lavorare bene con noi, conta moltissimo anche avere un business model di successo ma soprattutto conta aver fatto un’analisi di mercato, il prodotto deve rispondere a esigenze precise e coniugarsi bene con le nostre necessità»

A proposito del mondo assicurativo. Quanto può essere disruptive l’impatto delle startup?

«Ogni anno facciamo scouting di oltre 2000 startup. Il 10% di queste propone un progetto che vuole rivoluzionare l’ambito assicurativo. Di queste il 35% vuole creare un prodotto innovativo, magari utilizzando Big Data o Machine Learning o focalizzandosi sulla personalizzazione. Il 50% invece punta sulla distribuzione del prodotto assicurativo dall’off -line all’online, il 15% si concentra sui sinistri, dal manuale al cloud. Penso che le startup nell’ambito assicurativo possano avere un impatto disruptiveesattamente come lo hanno avuto nel settore della musica. Per farlo hanno bisogno di guardare alla tecnologia, alle necessità in continua evoluzione delle persone e a creare nuovi modelli di business»

Assicurazione e Millennials. Su che cosa deve puntare un’assicurazione per attirare i giovani consumatori?

«Le assicurazioni devono trasformarsi per riuscire a venire incontro ai bisogni dei Millennials. Per questo abbiamo già fatto parecchi investimenti in questo senso. L’assicurazione del futuro prossimo deve essere mobile, interattiva, dare la possibilità di contattare un agente tramite chat, utilizzare chatbot attive 24 ore ed essere disponibile su tutti i social. Deve andare incontro ai bisogni delle nuove generazioni che non sono abituate a ricevere la visita di un agente, ma preferiscono per esempio confrontarsi con lui attraverso messenger o whatsApp»

 

#Insurtech - @Flyrlabs Secures $8 Million Series A Financing let by @PeterThiel - @AXAVentures (@Minh_Q_Tran, @FGraillot) to participate in round

FLYR Secures $8 Million Series A Financing - Fare Prediction Company to Aggressively Accelerate Growth

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Data science company FLYR announced today it has completed a $8 million Series A round of funding led by Peter Thiel.

 

“We are invigorated by Peter Thiel’s investment” -- Jean Tripier, Co-founder and CEO of FLYR.

 

San Francisco, California (PRWEB)January 18, 2017

FLYR, the data science company that applies the power of predictive analytics and machine learning to the world of travel, announced today it has completed a $8 million Series A round of funding led by Peter Thiel. Thiel is joined by existing investors such as JetBlue Technology Ventures, Streamlined Ventures, AXA Strategic Ventures, Amadeus, Western Technology Investment, Plug and Play and Chasm Capital Management. The investment will help the company aggressively expand its suite of fare prediction and booking optimization solut

via www.prweb.com

The #Insurtech #VC - @AXAVentures e Invitalia Ventures investono in Floome

 

AXA Strategic Ventures e Invitalia Ventures investono in Floome

I due fondi hanno deciso di puntare sull’innovativa tecnologia che trasforma lo smartphone in un etilometro, ideata da un giovane team di padovani.

Per AXA Strategic Ventures si tratta del primo investimento early stage in una start-up italiana.

Milano/Roma, 18 gennaio 2017 - AXA Strategic Ventures, il fondo di investimento del Gruppo assicurativo AXA, e Invitalia Ventures SGR, che gestisce il fondo di co-investimento Italia Venture I a sostegno della Venture Industry, portano a termine il primo round d’investimento da 750 mila euro in Floome, startup veneta che ha realizzato un dispositivo da collegare allo smartphone, che permette ai guidatori di verificare il proprio tasso alcolemico in pochi secondi e di usufruire di servizi e informazioni con lo scopo di evitare danni, incidenti e multe.

Fondata a Padova nel 2013 da Fabio Penzo, Marco Barbetta e Luca Escoffier, incubata da Start Cube e accelerata dagli Angel Investors Tiziano Busin e Andrea Ghello, la startup ha sviluppato un dispositivo, con app dedicata, che permette di trasformare il proprio smartphone in un rilevatore di tasso alcolico. Il device tascabile, che grazie alla tecnologia sviluppata dal team ha un prezzo competitivo rispetto ai classici etilometri, utilizza i loro stessi sensori e ha un design pluri-premiato a livello internazionale, oltre a non necessitare di carica o sostituzione della batteria.

L’applicazione si scarica gratuitamente e permette di visualizzare sul proprio smartphone il tasso alcolico misurato con il dispositivo, oltre a tante informazioni utili, come il tempo necessario al proprio fisico per smaltire l’eccesso di alcol, il limite legale di ebrezza e le eventuali sanzioni se ci si mettesse alla guida. L’app permette anche di chiamare un taxi o un amico per farsi dare un passaggio a casa, come anche di trovare un locale dove poter mangiare qualcosa, scoraggiando così le persone a guidare sotto l’effetto dell’alcool.

Nel 2017 la startup prevede importanti alleanze con diverse aziende che permetteranno di offrire ulteriori servizi ai propri clienti. Floome è acquistabile online sul sito www.floome.it.

Ogni anno in Europa la guida in stato di ebbrezza è responsabile da sola di circa un quarto del totale degi incidenti stradali mortali (pari a oltre 10.000 decessi)[1], mentre in Italia è fonte addirittura del 30-35% dei decessi su strada 1.100-1.300)[2]. Basti pensare che circa il 4% dei chilometri percorsi da veicoli europei avvengono sotto l’influenza dell’alcool: cifra che nell’Europa meridionale sale al 7,5%[3].

L’alcool incide significativamente sui tempi di reazione alla guida, riducendo di molto la risposta del guidatore: l’impatto sociale di Floome è enorme perché mira a ridurre notevolmente il fenomeno del “drink and drive”, dando la possibilità soprattutto ai più giovani di fare una scelta intelligente e consapevole.

Per AXA Strategic Ventures si tratta del primo investimento in una start up made in Italy.

“Il nostro obiettivo - ha affermato Patrick Cohen, CEO di AXA Italia – “è diventare sempre di più partner dei nostri clienti, aiutandoli a prevenire i rischi facendo leva sull’innovazione tecnologica. Floome risponde perfettamente a questa sfida, in quanto consente di evitare possibili incidenti legati all’alcool e promuove un comportamento virtuoso per chi guida.”

“Siamo particolarmente fieri di questo deal perché si tratta del primo investimento su una startup italiana” - ha affermato Minh Q.Tran, General Partner di AXA Strategic Ventures - “l’obiettivo è di investire in tecnologie che possano cambiare il futuro dell’assicurazione e il servizio per i nostri clienti. Per questi motivi Floome è una startup promettente sul mercato a livello globale”.

La tecnologia ha un impatto fondamentale sul ruolo delle assicurazioni, che per l’80% degli italiani dovrebbero essere partner di prevenzione[4]. Secondo McKinsey entro il 2040 gli incidenti automobilistici potrebbero diminuire del 40% grazie alla smart insurance e alla tecnologia.

“Floome ha prospettive di mercato molto interessanti” ha dichiarato Mario Scuderi, Investment Manager di Invitalia Ventures “in quanto il prodotto si indirizza non solo all’utente privato attraverso una distribuzione globale online e retail ma soprattutto alle aziende, come le compagnie di assicurazione, le aziende di trasporti, i produttori di bevande alcoliche (anche in ottica di responsabilità sociale d’impresa). Inoltre, Floome rappresenta anche un ottimo generatore di big data sul consumo alcolico”.

Floome vanta ad oggi 20 mila utenti attivi e di recente ha raggiunto clienti in Europa, Asia, Sud Africa, Australia e Stati Uniti. Con questo investimento punta a rafforzare azioni di marketing strategico nel mercato, con l’obiettivo – nel lungo periodo – di offrire il device anche per il controllo digitale e remoto del tasso alcolico alle aziende nel settore trasporto, ospedaliero e controllo dei dipendenti.

 

“Siamo molto orgogliosi di avere il supporto e la fiducia di due partner come AXA Strategic Ventures e Invitalia Ventures” ha dichiarato Fabio Penzo, co-fondatore e amministratore delegato di Floome. “Grazie a questo investimento continueremo a rendere più semplice la vita delle persone e a realizzare nuovi prodotti già nel corso del 2017. Il nostro team – che si sta espandendo e ha nuove assunzioni in vista - si conferma come un gruppo di eccellenza con cuore e mente italiani ma con gli occhi puntati al mondo”.

 

 

Invitalia Ventures SGR

Invitalia Ventures SGR SpA gestisce il Fondo Italia Venture I a sostegno della Venture Industry italiana. La strategia di co-investimento del Fondo è focalizzata su investimenti in round A sulle migliori Startup/PMI innovative italiane insieme a investitori privati nazionali e internazionali.

 

ABOUT AXA STRATEGIC VENTURES

AXA Strategic Ventures (ASV) is the venture capital business of AXA, the leading global insurer. ASV has a €230m fund and can invest up to €15m ($17m) equity across both seed and growth capital. Sectors of focus are those relevant to the insurance and asset management industries such as enterprise technologies, fintech as well as consumer technologies and marketplaces in travel, health, auto or property related businesses. North America, Europe and the Middle East are the initial focus geographies with local teams in San Francisco, New York, London and Paris. More information about AXA Strategic Ventures: http://www.axastrategicventures.com

 

 

[1] Fonte: “Alcohol interlocks and drink driving rehabilitation in the European Union”, Sjoerd Houwing, dicembre 2016.

[2] Fonte: “Gli incidenti stradali. La prevenzione della mortalità sui gruppi a maggior rischio: i giovani, gli anziani”, Istituto Superiore di Sanità e World Health Organization, aprile 2011.

[3] Fonte: cfr. 1.

[4] Fonte: Ricerca AXA Italia condotta da Episteme dal titolo “Gli Italiani, il labirinto dei dati e il ruolo del settore assicurativo”, ottobre 2016.

The #Insurtech #VC = happy to see @AXAVentures as No1 (@Minh_Q_Tran) and No2 (@FGraillot) as Insurance's top 100 Individual Influencers on Twitter

Qualifying As A Twitter Influencer In Insurance

To compile my list of influencers I required the following criteria:

• Had to be an individual (not a company or brand account)
• Had to have at least 1,000 followers
• Had to have tweeted in the last 30 days
• 1 to 1 follower ratio or higher (more followers than followed)
• Had to have at least a relevancy score of 30/100 or higher in insurance (aka they talk about insurance).

I was surprised when these limitations initially only brought back 83 insurance influencers. I had to dig deeper to find the last 17 influencers in order to compile a complete list of 100 influencers.

I’ve created a few twitter influencer lists for different industries, but this is the first time I had to stretch myself to hit a 100 influencers. Usually, I have to make dramatic cuts to bring down my list. However, this time I had to use additional tools to find my 100 influencers. Though it was more work it did help me gain deeper insights into the insurance industry, but I’ll save those for another time.

When I told my friend that I had finished my insurance influencer list he asked if Warren Buffett was #1 on the list. I was actually surprised that Mr. Buffett hadn’t emerged in my data dragging.

When I viewed his profile I saw why.

With 1.5 Million followers there is no doubt Warren Buffett is an influencer. If my sole criteria were followers he would be the king. However, from past experience I’ve learned a large following is a poor indicator of influence.

In fact, I am a firm believer of Tim Soulo’s philosophy that 100 true twitter followers will beat out a million non-engaged followers every single time. I’m not saying that having a large following isn’t important, but as a stand alone metric on influence it doesn’t quite show the whole picture.

Warren Buffett could be a powerful insurance influencer on Twitter, but if you look at his account you will see that he has only tweeted a few times and none of his tweets even mention insurance. Hence why he didn’t make my list.

How Influence Was Determined

Once, I was able to find my 100 influencers, my next step was determining just how influential they were. One of the best free twitter tools in determining this is Twitonomy. The free version of this tool is robust and it helped me nail down my metrics.

I ultimately decided that activity, frequency, and engagement were the best indicators of influence. So, I narrowed my data point to these five categories:

• Followers – Total amount of account followers
• Tweets – Total amount of tweets
• Tweets Per Day – Average number of tweets posted each day
• Tweets Retweeted – Percentage of the user’s tweets retweeted by others
• Average Retweets – Average number of tweets retweeted by others

At the beginning, I also had data on the average number of tweets liked by others, but I found there was zero change in the rankings with this data point. In fact, you can interchange the data on average retweets and average likes and not have a single ranking change. I’ve concluded that the average number of tweets retweeted by others strongly correlates with the average number of tweets liked.

With these final data points set I then weighted them, because each category is not equally important in understanding influence. Total tweets had the lowest weight (“I tweet therefore I am influential” isn’t necessarily the case); whereas the percentage of the tweets retweeted by others had the highest weight (more tweets retweeted by others means people like what they’re seeing).

As you will see with the below list, having a large following does matter (six out of the top 10 influencers have some of the biggest followings). Yet, the most influential, like Minh Q. Tran (#1) and Florian Graillot (#2), have less than half the followers as Colin Halliday (#7) and Stuart Ganis (#8).

If you look at the percentage of people who retweet Minh’s tweets (65.77%) and Florian’s tweets (65.24%) you will see that they handily beat Colin’s (16.34%) and Stuart’s (4.13%) reach.

Final Thoughts On Judging Criteria

One last word on the list. Some might wonder why I added the other three categories (total amount of tweets; average tweets a day; and average tweets retweeted by others). Initially, I did look at just followers and reach, but I found some accounts that met the requirements but rarely engaged their base.

I personally feel that a truly powerful influencer is someone who is actively interacting with their community. You may receive 70,367 total retweets on only seven tweets like Mr. Buffett, but when you compare this to Mr. Tran’s 60,649 retweets * on 8,745 tweets, it won’t take Mr. Tran long to have a similar reach, but with more interactions.

My takeaway from this is that it’s possible to be as influential on Twitter as someone like Warren Buffett, but it requires more quality, volume, and consistency in engagement to make it happen.

In the end, compiling this list helped me understand that the insurance industry is still in its infancy on Twitter. The data isn’t as nearly as hearty as you see in other financial industries like banking or investing.

In fact, most industries have influencers with hundreds of thousands followers and a deep reach. With an obvious void of leadership (at least among individuals) one has to ask if insurance is behind the times or just doesn’t have a strong enough devotion to drive interest (or both)?

Insurance’s Top 100 Individual Influencers on Twitter

Without further ado here’s my top influencer list for insurance. I’ve also provided a key to understand the data I used to judge the influencers. I’ve intentionally left out my exact data weights to make it harder to game the list for future aspiring insurance influencers :).

 

SIGN-UP for our newsletter and receive an excel sheet with all the data we collected on 100 Twitter insurance influencers.

TABLE KEY
Ranking	Influencer ranking from 1-100
Followers	Total amount of account followers
Tweets	Total amount of tweets
Per Day	Average number of tweets posted each day
% Retweeted	Percentage of the user’s tweets retweeted by others
Average Retweets	Average number of tweets retweeted by others

 

#Insurtech Top100 Influencers from Onalytica @FGraillot (1) and @Minh_Q_Tran (6)

The #Insurtech #VC = trends presented by @Creathorventure, @Knip and @AXAVentures

The #Insurtech #VC = another insight on our deal flow at @AXAVentures #European #map

The #Insurtech #VC = insights to @AXAVentures dealflow in Europe for early stage companies

The #Insurtech #VC = "Le marché français est très attractif pour des nouveaux entrants assurtech"

General Partner du fonds de capital-risque d'AXA, Minh Tran décrypte les tendances du marché de l'insurtech hexagonal.

JDN. Les fintech explosent mais le marché de l'assurtech est encore très peu mature. Mis à part quelques pionniers américains, comme Oscar, les acteurs sont rares. Pourquoi ?

 

Minh Tran. Les banques ont toujours été en avance sur les acteurs de l'assurance en termes d'innovation. Aujourd'hui, l'assurtech a deux ou trois ans de retard sur le secteur fintech. En 2015, plus de 11 milliards de dollars ont été investis dans des sociétés fintech dans le monde contre moins de 3 milliards dans l'assurtech.

Mais c'est en train de changer. Le marché grossit de façon conséquente, aux Etats-Unis comme en France. En 2013, quand nous avons créé AXASeed  (devenu Axa Stratégic Ventures, ndlr), les assurtech n'existaient pas. En 2015, on a reçu 1 000 dossiers dont 10% de start-up cherchant à disrupter l'assurance. En 2016, elles représentaient 10 à 20% de 2 000 dossiers. Une dizaine de fonds spécialisés insurtech se sont créés dans le monde, dont deux en Chine et deux en Europe (Axa Strategic Ventures et Allianz, ndlr). Les autres sont tous américains.

 

Comment décririez-vous le marché français de l'assurtech ? Quelles sont ses spécificités ?

Le marché français est très attractif pour des entrants disruptifs. D'abord, à cause de sa taille. La France est le cinquième marché de l'assurance du monde, derrière les Etats-Unis, le Japon, le Royaume-Uni et la Chine, car il y a une dimension réglementaire forte par rapport à des pays où l'assurance n'est pas obligatoire. D'ailleurs, ces réglementations créent des barrières à l'entrée pour des étrangers et des opportunités pour les acteurs français.

Surtout, le marché français de l'assurance est dominé par des acteurs majeurs qui ont grandi par croissance externe dans les années 1980 et 1990. Il en résulte de grands groupes qui s'appuient sur de nombreux systèmes d'information différents, difficiles à faire évoluer. Par conséquent, ils innovent peu et tout reste à faire pour réformer les systèmes.

 

Quelles sont les segments du secteur de l'assurance les plus sujets à être transformés ?

Aujourd'hui la santé est le secteur le plus disrupté, avec beaucoup de systèmes de coaching destinés à réduire les risques. Les start-up nouent des partenariats de distribution avec les assureurs. D'autres segments sont aussi concernés : l'assurance dommage, avec les technologies IoT pour la maison et la voiture, les innovations pour améliorer les réclamations, les nouvelles assurances de biens… Enfin, l'assurance-vie connaît un bouleversement avec les robo-advisors qui aident à gérer les finances personnelles.

 

Quelles sont les tendances de fonds de l'innovation dans l'assurance ?

L'assurance va devenir de plus en plus segmentée

Le secteur va de plus en plus glisser vers une "user-based insurance" dans laquelle les prix sont de plus en plus segmentés et l'utilisateur de mieux en mieux connu grâce au Big Data. Jusqu'ici, les mutuelles spécialisées avaient une meilleure connaissance du risque. Désormais, l'ensemble du marché tendra vers cet objectif de personnalisation.

 

Generali vient de lancer Vitality, première initiative d'un assureur français pour récompenser les assurés au comportement vertueux. Croyez-vous qu'un jour le pay-how-you-behave fera son incursion dans la santé en France, avec une modulation des primes ?

Pour faire ce qu'Oscar propose aux Etats-Unis, avec un bracelet connecté et une réduction de prime en cas de comportement vertueux, les acteurs français devront trouver le moyen de surmonter les obstacles réglementaires. Aujourd'hui, cela semble très difficile car il y a beaucoup de barrières réglementaires. Il faudra au préalable répondre à une question de base : veut-on permettre ce genre de pratiques en France ou non ?

 

Vous avez investi dans une vingtaine de start-up avec AXA strategic Ventures, plus ou moins liées à votre secteur d'activité. Quelle est celle avec laquelle AXA a noué le plus de synergies ?

Particeep, qui fournit l'IT aux acteurs du financement participatif, nous a permis de sortir une assurance crowdfunding avec AXA Creditor et de rentrer sur un marché sur lequel nous n'étions pas présents auparavant.

 

Minh Q. Tran est General Partner d'AXA Strategic Ventures Europe. Il a auparavant travaillé pour plusieurs fonds d'investissement (Bertelsmann Ventures, Nokia Ventures, Truffle Capital). Il est détenteur d'un MBA de l'INSEAD.

#Insurtech - @Particeep raised €800000 to build a fast and powerful investment marketplace software to disrupt the financial industry

The Fintech Particeep raised 800 000€ in funding from Bpifrance, AXA Strategic Ventures (previous funding partners), Jean Losco (JMYX Holding, Founder of Fircosoft) and from the corporate venture fund Total Development Regional.

 

Particeep, located in Paris, founded on January 2013, has developed a white label solution platform dedicated to two major sectors of the unlisted financial industry.

• First of, the platform offers a dematerialized marketplace for experts in financial intermediation. Buyers and investment managers can be introduced and collaborate online on any project. Over fifty Fintechs in France have already chosen the platform (for instance, the challenge Graine de Boss on M6 TV Channel) and other large accounts worldwide. The platform focuses on promotion, engagement and interactions between investors and startups.

• Particeep has also taken the lead in the online savings distribution market and developed a financial product distribution platform already used by listed or unlisted asset managers such as Drouot Estate or even Vatel capital. Particeep offers online subscriptions and customer relationship management solutions to drastically increase follow up and live interactions.

The second funding round – one-third in debt and two-thirds in equity- will be used to enforce the current technology and increase inquiries from the French and international private equity sector and asset management.

Within next year, Particeep aims to double its team by recruiting the industry’s most dedicated specialists. All three of Particeep founders have backgrounds in information technology and banking industry, Steve Fogue (Graduated from Ponts et Chaussées), David Dumont (Toulouse School of Economics) and Adrien Crovetto (ESIEE).

Particeep has gone through a major technological change to make the digital transition an easy move for financial entities.

Up until recently Particeep was producing a customized platform for each customer. But as of now, customers can build their own platform based on preset functionality engines (API).

Any customer can build on its own the user experience for each of his online investment service based on a personalized, secured and up-to-date platform.

Quick productivity gains

“Our technology disrupts the traditional value chain for unlisted investment services,” says Steve Fogue, CEO of Particeep. “Instead of mobilizing our internal resources you now use our functionality engine, which can be exploited via a unique interface and decreases significantly the operating costs. In today’s market, only 30% of financial enterprises have gone digital, so we brought a new and disruptive solution to accelerate and facilitate this move towards digital. Since we have developed this new concept our monthly average partnerships and leads are up by 20%.”

 

“Most corporations have gone digital now. The financial industry is definitely a part of it and Particeep is the main technology provider making this transition possible. For Particeep’s customers the platform is seen as more than just an increase in productivity but as a new approach to user experience. Particeep will thrive in this market,” says Jean Losco, President of JMYX Holding.

This new funding round will accelerate the startup development on an international scale even though it is already implemented in the UK, US, North and Central Africa and Middle-East.

About Particeep

Particeep was founded in 2013 by an innovative team with a strong background in the banking industry and in software edition. It is a SaaS solution to build an investment marketplace.

Particeep has built fully integrated online technologies easy to use for any organizations and a customized platform to match each project’s identity in online savings product distribution or project funding.

Particeep’s customers are: La Poste banking group, asset managers like Vatel, many large accounts such as Leroy Merlin and other Fintechs from the crowd investing industry.

Particeep has acquired the support of Bpifrance, AXA Strategic Ventures funds, Total Development Regional and JMYX Holding, a venture capital fund managed by Jean Losco, founder of Fircosoft a software editor and world leader in financial flow filtering.

Particeep, Future Fintech Star Europe 2016 (ICT Awards 2016) has also been selected by Challenges in their 2016 “100 startups to invest in” list

www.particeep.com

Press contact :

 

Oriane Du Crest – 01 79 75 66 63

[email protected]

 

______________________________

 

Particeep lève 800000 € pour digitaliser l’industrie financière

La Fintech Particeep vient de lever 800 000 € auprès de Bpifrance, AXA Strategic Ventures (ses partenaires historiques), ainsi que de JMYX Holding (Jean Losco, Fondateur de Fircosoft) et du fonds de corporate venture Total Développement Régional.

Basée à Paris, la start-up créée en janvier 2013 développe une solution de plateforme en marque blanche destinée à deux  métiers de l’industrie financière non-cotée :

• Aux acteurs de la finance participative, elle propose une place de marché dématérialisée où acheteur et émetteur d’un produit d’investissement sont mis en relation. La solution, qui a déjà séduit une cinquantaine de Fintech en France (à l’exemple du concours Graine de boss organisé avec M6) et dans le monde, permet la promotion, le suivi des participations et les interactions entre les investisseurs et les start-up.  

• La commercialisation de produits d’épargne en ligne est l’autre marché prioritaire de Particeep. Aux acteurs de l’investissement non coté direct ou indirect, à l’image des sociétés de gestion Drouot Estate ou encore Vatel Capital, Particeep offre une solution de souscription et de gestion de la relation client en ligne qui décuple les possibilités de suivi et d’interaction en temps réel.

Les fonds levés lors de ce deuxième tour – un tiers en dette, deux tiers en equity – seront utilisés pour consolider l’avance technologique, et renforcer l’offre commerciale à destination du private equity et de la gestion d’actifs financiers non cotés en France et à l’international.

Pour cela, Particeep envisage de doubler ses effectifs en un an en recrutant des spécialistes du secteur. Un marché par ailleurs familier des cofondateurs Steve Fogue (Diplômé des Ponts et Chaussées), David Dumont (Toulouse School of Economics), et Adrien Crovetto (ESIEE), tous trois spécialistes des technologies d’information dans le secteur bancaire.

Pour se positionner en facilitateur de la transition numérique dans l’industrie financière Particeep opère un changement technologique.

Jusqu’ici, la start-up livrait une plateforme clé en main et personnalisée à chaque client.

Désormais, elle propose au client de configurer sa propre plateforme à partir d’un moteur de fonctionnalités prédéveloppées (API).

Résultat ? Le client conçoit lui-même le parcours utilisateur de ses services d’investissement en ligne à partir d’une plateforme personnalisée, évolutive et sécurisée.

 

Des gains de productivité rapides

«Notre technologie bouleverse la chaîne de valeurs traditionnelle des services d’investissement, déclare Steve Fogue, Président de Particeep. Au lieu de mobiliser les ressources internes, notre moteur de fonctionnalités, accessible depuis une interface unique, allège significativement les coûts. A l’heure où 30% seulement des entreprises du secteur financier ont entamé leur transition numérique, nous apportons une solution de rupture pour accélérer ce mouvement. Preuves de notre concept : l’adhésion de nos partenaires financiers à notre nouveau modèle et une croissance de nos leads d’environ 20% par mois »

 

Pour Jean Losco, Président de JMYX Holding : « La transition numérique des métiers s’accélère. L’industrie financière en fait partie, et Particeep est sans conteste un des acteurs moteurs de cette transition. Pour ses clients, cette plateforme configurable représente plus qu’un gain de productivité : c’est une nouvelle approche du parcours utilisateur ! Particeep va sans nul doute franchir les frontières avec succès ! »

Cette levée de fonds musclera également le développement à l’international de la start up, déjà présente au Royaume-Uni, en Afrique du Nord et Centrale, au Moyen-Orient et aux Etats-Unis.

A propos de Particeep

Fondée en 2013 par une équipe dirigeante dotée d’une forte expérience dans le secteur bancaire et de l’édition de logiciel, Particeep est une solution SaaS de création de places de marché d’investissement.

Particeep offre aux organisations une technologie complète, clé en main, entièrement personnalisable en ligne à l’identité de leur projet de plateforme de distribution de produits d’épargne ou de financement de projets.

Parmi ses clients : le groupe bancaire La Poste, la société de gestion Vatel, des grands comptes comme le groupe industriel Leroy Merlin et plusieurs Fintechs du secteur de l’investissement participatif.

Particeep est soutenu par Bpifrance, le fonds AXA Strategic Ventures, Total Développement Régional et JMYX Holding, un fonds de capital risque dirigé par Jean Losco, Fondateur de Fircosoft (éditeur de logiciel et leader mondial du filtrage de flux financiers).

Particeep, Future Fintech Star européenne 2016 (ICT Awards 2016), a aussi été sélectionnée par Challenges dans le classement 2016 des 100 start-ups où investir.

www.particeep.com

Contact Presse :

Kable Communication Finance

Dimitri Lecerf – 01 44 50 54 72

[email protected]

 

#Insurtech = @FGraillot and @Minh_Q_Tran at @AXAVentures in Top25 Disruptors according to Vertafore

You don't have to look far to see examples of how the growth of digital technology has disrupted traditional industries in a big way.

From the way you buy and sell insurance, to how you learn about new opportunities to grow your business, these are the investors, thought leaders, and executives driving innovation in the insurance industry today.

 

Florian Graillot

Investor - AXA Strategic Ventures

Florian and his company, AXA Strategic Ventures, are hyper focused on investing money in strategic startups driving innovation in the insurance industry. He is a frequent thought leader and contributor to top publications such as TechCrunch. Recently, he was named the industry's most influential contributor by InsurTech News.

 

Minh Q. Tran

General Partner - AXA Strategic Ventures

Minh is a General Partner at AXA Strategic Ventures, where he employs his expertise to help InsurTech startups grow and reach their potential to ultimately help the industry as a whole thrive and continue to innovate. Credited with coining the term InsurTech, Minh is truly a thought leader and disruptor in the industry, and empowers startups to follow suit.