3 Our Key Findings include: 1 2 3 61% of the >1000 applications AI is the primary 84% of surveyed to Startupbootcamp come technology for 41% of Startupbootcamp partners from startups outside applicants are interested in creating insurance Startups can provide access to new data cyber-security offerings Collaboration with startups from adjacent sources and offer new ways to bring Insurers and startups are increasingly industries gives insurers the opportunity to value from data looking at new products and services access new revenue Artificial Intelligence is the primary technology Startups bring expertise to insurers in new areas Startupbootcamp applications bring in startups spanning for 41% of Startupbootcamp applicants. The clear of interest. Applications from startups in cyber- agriculture, health, cyber-security, the sharing economy, challenge is how to integrate with insurers’ security have tripled over three years, with 84% of wealth management, transport, and more. This gives existing technology. Some insurers are taking the surveyed SBC partners stating interest in creating a insurers the opportunity to access new revenue streams, approach of setting up new ‘greenfield’ technology. solution in cyber. for example in prevention services. 80% of SBC partners surveyed believe the future of insurance is prevention.

Breaking Boundaries | PwC & Startupbootcamp - Page 4 Breaking Boundaries | PwC & Startupbootcamp Page 3 Page 5