Singapore, 22 December 2022 – Homegrown financial services company Singlife with Aviva has announced the launch of Singlife Connect, its accelerator programme to support and spur the growth of promising insurtech startups.

Singlife Connect will focus on developing scalable market solutions to innovate and transform insurance distribution. Singlife will leverage its expertise to provide opportunities for insurtech-specific technical integration to create growth opportunities for the insurtech ecosystem. 

Varun Mittal, Group Head, Digital & Ecosystems, Singlife with Aviva, said: “Customers are evolving and insurtechs have to enhance their offerings. Through strategic partnerships with insurtech startups, we hope that Singlife Connect will provide the right tools and platforms for insurtechs to grow with confidence and serve their customers with optimum impact.” 

From ideation to strategy and implementation, successful applicants will gain access to Singlife’s suite of products and insurance verticals as well as personalised mentorship to enable quicker customer discovery and receive the necessary regulatory and compliance support to effectively execute their go-to-market strategies. 

The programme will initially support up to eight early stage insurtech startups, with plans to evolve its operating model in the future to support startups with more complex needs.