Insurers: Stand strong against disruption with thewave
Insurtech specialist UnderCover changes name to thewave and becomes B-Hive Associate Partner
Brussels (Belgium), X June 2019 – Leuven based insurtech start-up UnderCover extends its scope and changes its name to thewave. With its new name comes a new mission: thewave will combine its profound expertise in insurance with a deep understanding of emerging technologies. The goal is to invent, build and integrate tailored digital solutions for the insurance sector. “Thewave does not aim to disrupt the insurance sector, it wants to help it stand strong against disruption,” says Stephan Podevyn, CEO of thewave. The company also exchanges its B-Hive membership for an Associate Partnership.
Tailored digital solutions for the insurance sector
Thewave, subsidiary of insurance consultant Ensur, is a web platform for insurers. The platform allows them, based on a unique algorithm, to help their clients calculate to which extent their possessions are protected against different calamities.
To be able to respond to the increasing technology related requests from clients, thewave now expands the scope of its activities. Moving forward, thewave will combine its profound expertise in insurance with a deep understanding of emerging technologies such as Artificial Intelligence, Cognitive Robotics, Connected Ecosystems, Reference Architecture, and Internet of Things. In doing so, thewave will help invent, build and integrate tailored digital solutions for the insurance sector.
Thewave will now also focus on buying and configuring existing solutions, integrating partner solutions in client platforms and providing technical consulting, like functional analysis, architectural advice and IT project management.
Stephan Podevyn, CEO of thewave and co-founder of Ensur: “Thewave does not aim to disrupt the insurance sector we love so much. We much rather help it stand strong against disruption.We strongly believe that the combination of the profound insurance knowledge present at Ensur, combined with the expertise in new technologies provided by our partners, will be a recipe for success.”
From B-Hive member to Associate Partner
Thewave has been an active member of the B-Hive community since 2017. Given the fact that the extended scope and the technology focus have a great coherence with the mission of B-Hive, thewave now joins B-Hive as an Associate Partner.
Raf De Kimpe, Director Business Development and Ecosystem at B-Hive: “B-Hive is excited to announce the collaboration with a new partner. While thewave started as a B-Hive member within the community, they are now extending their scope and leveraging the B-Hive ecosystem to help them along the way. Their growth from member to Associate Partner will allow them to engage with the B-Hive community on the next level. We’re very excited to have them on board!”
B-Hive and thewave will collaborate to introduce their new brand and extended scope in the market by connecting them to the insurance companies in the B-Hive Ecosystem. Thewave will participate in B-Hive programs and events such as the upcoming FIN AND TONIC on June 27th around insurtech.
thewave is a Belgian insurtech company, subsidiary of insurance consultant Ensur. Our mission is to combine Ensur’s profound business knowledge and our partners’ deep technology expertise to invent, build and integrate tailored digital solutions for our clients in the insurance sector. We also provide technology related consulting and project management services, thus helping our clients stand strong, and even get stronger, in a sector facing disruption.
B-Hive is a European collaborative innovation fintech platform that brings together major banks, insurers and market infrastructure players. Together, we work on common innovation programs and build bridges between our corporate partners and our start-up and scale-up community members. We aim to put Brussels on the map as the smart gateway to Europe and leverage on the opportunities offered by the digital transformation for the financial services industry. We believe that building bridges between important fintech hubs and the Eurozone enables both European and non-European companies to grow and expand.