Switzerland

F10 and Baloise Group release insurance APIs on F10 FinTech Sandbox

July 21, 2021

The F10 FinTech Sandbox, built and hosted by ndgit, a Munich-based company and F10 alumni, was first launched in 2019 with a PSD2 API and quickly enhanced by other projects, particularly b.Link by SIX Group, that connects third parties to leading banks in Switzerland. The idea behind the F10 FinTech Sandbox is to allow startups to test against incumbent APIs in an easy-to-use setup, in order to accelerate collaboration between FinTechs and financial service institutions.

The latest addition to the Sandbox is APIs provided by F10 Corporate Partner Baloise Group who works with London-based InsurTech company KASKO to digitise their insurance products. Several Baloise products, such as multi-item insurance, holiday insurance or cyber insurance can be accessed on the Sandbox, and product integration can be tested with an API key provided by F10. Philipp Marty, Head of New Business and Partnerships at Baloise, says: “For Baloise Insurance, APIs are one of the key success factors to be able to operate successfully in partnerships and ecosystems. We want to be a pioneer in the insurance industry and are proud to be the first Swiss insurance company to achieve this milestone, together with our long-standing accelerator partner F10. Thus, the connected startups and other curious companies can test their use cases.”

The F10 FinTech Sandbox is open for all ventures in the F10 ecosystems in Switzerland, Singapore, and Spain. F10 Corporate Partners, as well as other innovative corporates, can provide their APIs to a diverse and high-quality pool of startups. For more information about the F10 FinTech Sandbox, please contact F10 Startup Success Lead Deborrah Schaer (deborrah.schaer@f10.global).

 

About F10

F10 is where innovation meets industry, helping today's talent create tomorrow's technology. It is an ecosystem of startups, corporates, industry experts, and investors, with local hubs in Switzerland, Singapore and Spain. Its mission is to stimulate worldwide collaboration to further innovation across industries. www.f10.global

 

 

About Baloise Group

The Baloise Group is more than just a traditional insurance company. The changing security, safety and service needs of society in the digital age lie at the heart of its business activities. The 7,600 or so employees of Baloise, therefore focus on the wishes of their customers. The best possible customer service, combined with innovative products and services, makes Baloise the first choice for people who want to feel ‘simply safe’. Located at the heart of Europe, with its head office inBasel, the Baloise Group is a provider of prevention, pension, assistance and insurance solutions. Its core markets are Switzerland, Germany, Belgium and Luxembourg. In Switzerland, with Baloise Bank SoBa, the Group also operates as a specialised financial services provider, offering a combination of insurance and banking services. The Group offers innovative pension products to retail customers throughout Europe from its competence centre in Luxembourg. Bâloise Holding Ltd shares are listed in the main segment of the SIX Swiss Exchange. www.baloise.com

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