What InsurTech Hub Munich does

InsurTech Hub Munich (ITHM), founded in 2017 and headquartered at WERK1 in Munich, is a non-profit collaboration platform (InsurTech Hub Munich e.V.) that connects insurance companies with insuretech startups and technology providers. Its stated role is to convene global and regional insurers, technology vendors (Google, Salesforce, NTT Data, QAware), and early-stage startups through themed innovation programs, curated matchmaking ("concierge services"), and a members-only Knowledge Hub containing webinars and studies. ITHM operates thematic programs including NXT:LEVEL (its 2026 annual program), Scale AI, NXT:Commercial, NXT:Distribution, the Venture Client Programme, and the ITHM Summer Summit flagship event. Current focus topics cover AI readiness, cloud transformation, and regulatory compliance such as DORA and the EU AI Act.

The platform monetizes primarily through annual membership subscriptions across three tiers (insurer, technology partner, startup) plus event-based professional services revenue, with pricing quote-based and not publicly disclosed. Revenue is augmented by public funding: ITHM is one of only 25 officially designated Digital Hubs of the German government under the BMWK Digital Hub Initiative, with continuing support from the Bavarian Ministry of Economic Affairs (StMWi). An affiliated commercial vehicle, ITHM Innovation GmbH, operates alongside the association.

The organization is governed by a management board (Vorstand) chaired by Dr. Klaus Driever with deputy chairs Johannes Wagner (Versicherungskammer) and Burghard-Orgwin Kaske, supported by an advisory board (Beirat) chaired by Dr. Markus Juppe and including executives from Allianz Technology, R+V Versicherung, Provinzial Konzern, Münchener Verein, and academic institutions. The small operating team (11-50 headcount) delivers programs through Director Partnerships (Rosalie Kolb), Director Communications (Markus Walter), and a Programme and Startup Relations Manager (Estefanía Rodríguez Migliarini).

Name

InsurTech Hub Munich

Legal name

InsurTech Hub Munich e.V.

Website

https://insurtech-munich.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

InsurTech Hub Munich is a Munich-based non-profit innovation hub (founded 2017) that runs themed programs, curated matchmaking, and a Knowledge Hub to connect German insurance companies with insuretech startups and technology providers, funded partly by the Bavarian government.

Ownership category

akta.pro rank

Product category

Insurance Innovation Hub

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210)

SIC

Services-Membership Organizations (8600), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Customer Engagement, CRM & Agent/Broker Enablement Platforms (FSAGAGAD)

akta.pro secondary industries

Corporate Venture Studios & Incubators (Build/launch ventures) (FSANAHAC), Systems Integration & Implementation Services (BPAEAAAB), Health, Pharmaceuticals & Medical Devices Regulatory Cooperation (BPADANAJ)

Keywords

• Insurance innovation platform
• Insurtech community network
• Insurance partnership programs
• Startup matchmaking services
• Insurance technology events

Headquarters

HQ city

Munich

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Membership Fees: Annual membership subscriptions for insurers, technology companies, and start-ups providing access to innovation programs, network events, knowledge resources, and business development sessions
2. Event Revenue: Revenue from hosting summits, workshops, and webinars for the insurance innovation community

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

InsurTech Hub Munich operates as a central collaboration platform for the insurance industry, connecting insurance companies with innovative start-ups and technology providers through thematic innovation programs, structured networking, concierge-style partner matchmaking, and a curated knowledge library. The organization is one of 25 official Digital Hubs of the German government and delivers recurring events such as the ITHM Summer Summit alongside program offerings including NXT:LEVEL, Scale AI, NXT:Commercial, NXT:Distribution, and the Venture Client Programme.

Product overview

InsurTech Hub Munich is a central collaboration platform (insurance innovation hub) that connects insurers with startups and technology companies. The core platform provides networking services, structured innovation programs, and access to a knowledge library. Key products include the core collaboration platform, Knowledge Hub (online knowledge library with webinars and insights), Innovation Programs (thematic programs including NXT:LEVEL, Scale AI, NXT:Commercial, NXT:Distribution, and Venture Client Programme), Focus Topics 2025 (annual thematic focus on AI and cloud transformation), and the ITHM Summer Summit (annual flagship event). The organization operates as a member-based community rather than a traditional software product.

Differentiator

Problem solved

Functional benefit

Brands

• Knowledge Hub: The knowledge library of ITHM providing webinars, insights, and educational resources for members
• ITHM Innovation Programme
• NXT:LEVEL
• NXT:Commercial
• NXT:Distribution
• Venture Client Programme
• Scale AI
• Bites & Insights

Products and services

• ITHM Membership Programmes (Insurer, Technology Partner, Startup) Annual membership subscriptions with tailored programs for insurance companies, technology providers, and insurance-technology start-ups, granting access to innovation programs, networking events, knowledge resources, and concierge partner matchmaking services.
• Innovation Programmes (NXT:LEVEL, Scale AI, NXT:Commercial, NXT:Distribution, Venture Client Programme) Structured, thematically focused programs that connect insurance companies with start-ups and technology partners on specific topics including AI in insurance, commercial insurance, insurance distribution, and venture clienting.
• ITHM Summer Summit Annual flagship in-person event held in Munich that gathers insurance industry executives, technology providers, and start-ups for networking, partnership formation, and discussion of insurance innovation themes.
• Knowledge Hub Online digital knowledge library offering webinars, research studies, and collective knowledge resources for community members covering topics such as AI readiness, the brokerage market, and the EU Business Wallet.

Quantifiable outcome

• Curated start-up selection saves time and guarantees highest quality for partner discovery
• +1 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

23 partnerships are on record, tiered core.

• AllianzcoreStrategic or Co-development PartnerMajor insurance group and key partner in the ITHM network, represented on the Advisory Board with Dr. Axel Schell (Allianz Technology)
• ARAGcoreStrategic or Co-development PartnerGerman insurance company and network partner
• Bayerische VersorgungskammercoreStrategic or Co-development PartnerBavarian pension chamber and insurance network partner
• DeloittecoreStrategic or Co-development PartnerProfessional services firm providing knowledge partnership and thought leadership
• die BayerischecoreStrategic or Co-development PartnerGerman insurance company and network partner
• Die ContinentalecoreStrategic or Co-development PartnerGerman insurance group and network partner
• GeneralicoreStrategic or Co-development PartnerGlobal insurance group and key network partner
• GooglecoreTechnology or IntegrationTechnology partner providing cloud and AI capabilities for insurance innovation
• HiscoxcoreStrategic or Co-development PartnerInternational insurance company and host of EU Business Wallet Workshop
• HUK-CoburgcoreStrategic or Co-development PartnerGerman insurance company and network partner
• LB1871coreStrategic or Co-development PartnerGerman life insurance company and network partner
• Münchner VereincoreStrategic or Co-development PartnerMunich-based insurance group, represented on Advisory Board with Peter Bauer
• Munich REcoreStrategic or Co-development PartnerGlobal reinsurance group and key network partner
• NTT DatacoreTechnology or IntegrationTechnology consulting and services partner
• ÖRAG RechtschutzcoreStrategic or Co-development PartnerGerman legal expenses insurance company and network partner
• ProvinzialcoreStrategic or Co-development PartnerGerman insurance group, represented on Advisory Board with André Nakonetzki
• QAwarecoreTechnology or IntegrationGerman technology consulting firm and managing director Dr. Josef Adersberger on Advisory Board
• R+V VersicherungcoreStrategic or Co-development PartnerGerman insurance company, represented on Advisory Board with Marcus Eppinger
• SalesforcecoreTechnology or IntegrationCRM and cloud platform partner for insurance industry
• VersicherungskammercoreStrategic or Co-development PartnerMajor German insurance group with Johannes Wagner as Deputy Chairman of ITHM Advisory Board
• WGV VersicherungcoreStrategic or Co-development PartnerGerman insurance company and network partner
• WWK VersicherungcoreStrategic or Co-development PartnerGerman insurance company and network partner
• BitkomcoreStrategic or Co-development PartnerGerman digital association collaborating on EU Business Wallet workshops and regulatory input

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Munich Re Ventures: Corporate venture arm of Munich Re investing in and partnering with insurtechs. Comparable as an insurer-led innovation-sourcing channel, though narrower (investment-focused) than ITHM's broader ecosystem model.
• Innovate Finance: UK-based independent industry body representing the global fintech community, including a significant insurtech segment. Comparable as a membership-driven innovation ecosystem organization, though broader than pure insurtech.
• Allianz X: Digital investment unit of Allianz Group focused on insurtech, fintech, and adjacent digital ecosystems. Comparable as an insurer-side innovation platform; represents the in-sourcing alternative that ITHM partners must weigh against hub participation.

Direct peers

• InsurTech NY: NYC-based insurtech innovation hub connecting carriers, brokers, and startups through programs and events. Most direct geographic competitor in the global insurtech-hub category, with a comparable membership and event-driven business model.
• Plug and Play Insurtech: Global innovation platform with a dedicated Insurtech vertical running accelerator batches, corporate-startup matching, and industry events. Closely comparable to ITHM in operating multi-stakeholder insurance innovation programs at scale.
• Global Insurance Accelerator: Des Moines-based insurtech accelerator connecting startups with carrier sponsors through structured cohort programs. Operates a similar carrier-funded accelerator model to ITHM's Venture Client and innovation programs.
• Insurtech Hartford: US insurance-industry hub built on Hartford's historical insurance cluster, offering programming, events, and a startup accelerator. Comparable hub-and-spoke model connecting legacy insurers with emerging technology providers.
• InsurTech Israel: Israeli insurtech hub connecting local startups with international insurers, leveraging Israel's startup ecosystem. Direct functional peer with similar insurer-startup matchmaking focus and international member base.
• Digital Insurance Agenda (DIA): Global insurtech community and conference organizer (DIA Amsterdam, DIA Munich) that brings together insurers, tech providers, and investors. Comparable as a community/events-led insurtech platform rather than a software vendor.
• Startupbootcamp InsurTech: Cologne-based insurtech accelerator (Startupbootcamp FinTech & InsurTech) that runs cohort programs connecting insurers with early-stage startups. Direct peer in the European insurtech-accelerator category, with similar insurer-startup matching mechanics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/insurtechhub-munich
• Xx.com/insurtechmunich

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about InsurTech Hub Munich