Zurich Insurance has announced its role as a Corporate Champion in the 2026 Global FinTech Hackcelerator, organised by the Monetary Authority of Singapore (MAS) in collaboration with the Global Finance & Technology Network. The initiative, part of the Singapore FinTech Festival, aims to develop AI-enabled solutions to help Small and Medium-sized Enterprises (SMEs) better understand and manage their risks.
The Hackcelerator, now in its 11th edition, invites global innovators to tackle challenges within the financial services industry. Zurich’s contribution focuses on closing the protection gap faced by SMEs, who often remain underinsured against risks such as cyber-attacks, supply-chain disruptions, and asset damage. As these businesses evolve, their risk profiles change, potentially widening coverage gaps.
Zurich is urging innovators to leverage AI to provide SMEs with a real-time view of their risk exposure and existing coverage, identify potential gaps, and guide them towards appropriate protection as they grow. Matthew Reilly, Chief Operating Officer, Asia Pacific, Zurich Insurance, stated, “SMEs are the backbone of economies across Asia Pacific, yet many remain exposed to increasingly complex and interconnected risks.”
Up to 20 finalists will be shortlisted across three problem statements, each receiving a S$20,000 stipend. They will work with Corporate Champions and industry mentors to refine their solutions, presenting them at Demo Day on 18 November 2026. Each Corporate Champion may select a finalist for a potential pilot, subject to mutual interest.
This collaboration underscores Zurich’s commitment to making insurance more accessible and relevant to SMEs, enhancing their resilience in an ever-evolving risk landscape.
