The goal of Big Ideas is to identify possible solutions to the challenges currently affecting the life and health markets. RGAX invites anyone not employed by an insurance or reinsurance company, and who is committed to offering solutions in the areas of life and health, to submit ideas online by March 21, 2019.
“We are tapping those outside insurance and reinsurance because we believe they have ideas that could further innovation throughout our industry as well as deliver clear customer benefits,” said Emmanuel Djengue, Innovation Director, RGAX EMEA. “Through the Big Ideas competition, we will work with first-time and/or experienced entrepreneurs to unlock these ideas, bring them to market, and build businesses together.”
“We are excited to collaborate with our expansive network of startups and entrepreneurs,” continues Djengue. “Big Ideas presents such an incredible opportunity to make a significant impact within our industry.
The top five submissions from each country will be invited to pitch their ideas at the end of March at events in cities across Europe, including Madrid, Berlin, Amsterdam, and Milan. These events will be held at Impact Hub, a global network of innovative communities that foster entrepreneurship and business development. Four finalists will receive business advice and mentoring, along with an all-expense-paid trip (including transportation and accommodations) for two days/one night to the Final Pitch event, to be held in Paris on April 25th. The winner will receive a cash prize of 10.000€ from RGAX.
For more information about the Big Ideas Competition or to submit your idea, visit www.bigideas.rgax.com.
RGAX is a wholly owned subsidiary of Reinsurance Group of America, Incorporated. RGAX was formed in 2015 as the transformation engine of RGA, leveraging the talent, resources, and insight of RGA’s 40+ years of innovation. As a global company with offices in the Americas, EMEA, and Asia, RGAX partners with carriers and entrepreneurs to incubate and accelerate new products and services to advance and expand the life insurance ecosystem. With a mission to help people live longer, healthier, more financially secure lives, RGAX is powering the next generation of data analytics, digital distribution, customer engagement, and insurance service solutions. For more information, please visit www.rgax.com.
Reinsurance Group of America, Incorporated (RGA), a Fortune 500 company, is among the leading global providers of life reinsurance and financial solutions, with approximately $3.3 trillion of life reinsurance in force and assets of $64.6 billion as of December 31, 2018. Founded in 1973, RGA is recognized for its deep technical expertise in risk and capital management, innovative solutions, and commitment to serving its clients. With headquarters in St. Louis, Missouri and operations around the world, RGA delivers expert solutions in individual life reinsurance, individual living benefits reinsurance, group reinsurance, health reinsurance, facultative underwriting, product development, and financial solutions. To learn more about RGA and its businesses, visit the company’s website at www.rgare.com