After all the submissions are received, 10 candidates will be shortlisted based on the following criteria:
Applicability to Insurance: Does your start-up align with or disrupt the insurance industry value chain? Does your start-up focus on enhancing insurance capabilities using technology? Does your start-up target enriched insurance business models? Does your start-up utilise emerging technologies like Blockchain, AI, advanced analytics etc?
Originality/Competitiveness: Is the start-up innovative? Will it enhance Santam’s product offering?
Time to Market: How much time will it take to pilot and implement the product with Santam?
Proven Track Record: Do you have evidence of your ability to deliver commercial value to Santam?
Shortlisted candidates will be prepared to pitch to a Santam panel of judges.