Vivametrica (1st place, $35,000 prize)
Founder: Dr. Christy Lane
How it works: Uses data from mobile and wearable devices to predict and prevent mortality and disease, in particular the number of steps taken each day. “Other than age, physical activity is the most accurate predictor of mortality,” Lane explains.
What do life insurance companies think about your development? “On the whole they’re excited, but probably a little nervous. However, they’re recognizing that the data is there – it’s been verified by Munich Re and SCOR. The biggest challenge is working to implement it. It’s not the actuarial part, that’s already figured out.”
What advice would you give other female insurtech founders? “What I learned through this process was to really seek out and leverage other women in the industry. I met women here and there but never in a mentorship position. I meant three amazing mentors here and built a great network.”