Web Summit 2019 flashback

Some facts and figures

Those who were in Lisbon between November 4th and 7th will have felt a hype, hyperactive, cosmopolitan and frenetic atmosphere in the city. For 4 days and 4 nights the city was seized by Web Summit fever. This event, which in its first edition in Dublin in 2012 brought together 2000 people interested in technology, this year brought together, in its eighth edition, 70,469 visitors. The audience from 163 countries concentrated in the Expo area to attend presentations by 1,206 speakers who spoke in 22 scenes. In addition to the other visitors, there were also 2,526 journalists and 1,221 investors.

This crowd came to watch what is described as:

“The best tech conference on the planet” by Forbes, “Davos for geeks” by Bloomberg, while the Guardian and Inc. magazine refer to it respectively; “the technology Olympics” and “the web summit is the largest technology conference in the world”.

Wanting to synthesize everything that has happened and was said in this grand 4-day event is illusory. Here are just a few themes, announcements and start-ups that caught my attention.

2 announcements

Lisbon, Web Summit, November 5, 2019 – Multicert and Caravela jointly launch a new cyber insurance at Web Summit designed to provide complete protection for start-ups and SMEs from cyber risks. The new insurance stands out for offering companies the possibility to access specialized technical services for damage prevention, defense and damage repair. For more information: https://www.caravelaseguros.pt/index.php/noticia-seguro-ciberriscos-apoia/

Lisbon, Web Summit, November 7, 2019 – PORTUGAL FINLAB applications open until January 3. The Innovation Hub, which brings together the three financial sector regulators (CMVM, Banco de Portugal e ASF), will receive applications by January 3. Applications for the first phase of the second edition of Portugal FinLab are open from 7 November to 3 January 2020. Evaluation and selection for pitch day will take place until 27 January 2020, when applicants will be informed if their application has been selected. For more information: https://www.bportugal.pt/comunicado/candidaturas-ao-portugal-finlab-abertas-ate-3-de-janeiro

3 start-ups

Coverflex – Described as a B2B multifunctional digital solution for the insurance industry, with monthly pricing plans and a fixed price per employee. This Portuguese startup founded this year has as its mission: “to simplify and fundamentally become the benchmark for corporate insurance management platforms”. For more information: https://coverflex.com/

Claider – Insured and insurer claim management platform that provides complete digital management, from participation to compensation. The solution consists of an app through which the insured may participate more than 140 claims scenarios in a few clicks and, and a web platform, a SAAS Insurtech service, which digitizes and optimizes the work of all claims management players. Claider was awarded Best Insurtech 2019 by the Italy Insurance Forum. For more information: https://claider.net/en/

Imburse – A Swiss company, with offices also in London, which operates in the area of payments. This Finance IT Innovation Award 2019 winner in the “Ecosystem” category by Business Engineering Institute St. Gallen AG has insurance clients across Europe. Imburse provides a SAAS, Product called Universal Payments Connector, that, through a single API, allows to receive or pay out any amount (premium, claim or other), via any financial partner (PSP, aquirer or payment technology) or non-financial ( Media Markt, Netflix, Uber,…), in any market and currency. As a technical partner only, IMBURSE never stores customer data or money on behalf of – nor does it act as a financial intermediary. For more information: www.imbursepayments.com

1 video

Did you attend Web Summit 2019 and you want to remember the feeling, or you haven’t been there and want to feel what it was like? Watch the video below (courtesy of Golden Wealth Management):

Photography credits:

David Fitzgerald / Web Summit via Sportsfile

Paulo Moura Photography