MUNICH, Germany, May 10, 2022 (GLOBE NEWSWIRE) – CARUSO is happy to announce that it has been selected as one of the twelve global winners of the Zurich Innovation Championship 2021/2022 and will now enter a 13-week accelerator phase to test and grow its idea together with Zurich Germany. The Zurich Innovation Championship is a global startup tournament through which Zurich Insurance Group (Zurich) seeks ground-breaking ideas to bring compelling products or services to Zurich customers and employees. Through four tournament categories – insurance reimagined, prevention and mitigation, simplicity, and sustainability – Zurich was looking for a broad spectrum of initiatives to help prepare them for the future of insurance.
“We are happy and feel honored to have been selected as one of the global winners by Zurich. CARUSO demonstrates how connected car data can be used to drive innovation in the insurance sector. What makes us even prouder is the fact that we are the only Winner coming from the automotive sector. It clearly shows the value and benefits our connected car data platform delivers to mobility end users, “says Norbert Dohmen, Managing Director of Caruso GmbH.
“The pitches of the startups have shown innovative power and energy. We are glad that Caruso, a startup from Germany, is among the twelve winners, which we will support in the future,” says Dr. Carsten Schildknecht, CEO of Zurich in Germany.
Zurich and CARUSO will now work together to potentially redefine what motor insurance could mean in the 21st century. During the accelerator that kicked off on April 25, CARUSO, one of the 12 winning startups, will benefit from financial and non-financial support such as mentoring by Zurich executives and experts and access to business use cases. The following implementation phase will bring the successful ideas to life and scale them globally.
From Connected Cars to Connected Business. CARUSO is a neutral, open, and secure mobility data marketplace. The platform enables third parties to consume data standardized across multiple vehicle manufacturers. Additionally, their built-in consent management technology ensures data privacy by giving vehicle end-users full control over data sharing. CARUSO empowers its customers to easily build life-improving solutions based on data from connected cars. This makes the Germany-based company one of the leading platforms for vehicle data in Europe.
More information at www.caruso-dataplace.com
Head of Customer Experience
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/31e65453-5b0d-4268-a0e9-7e022af6b844