Hong Kong-based insurance company AIA Group has launched a new accelerator focused on healthcare and insurance startups that will be managed with the support of local incubator Nest.
The accelerator will last for 12 weeks and is currently seeking startups for its inaugural cohort. AIA and Nest will select eight companies to take part in the programme, and they will graduate with a demo day for investors in June 2015.
Simon Squibb, chief executive of Nest, said: “Since healthcare and lifestyle are big on the priority list for people in Asia, we believe startups in this region are particularly well-placed to disrupt the future of industries like healthcare and insurance.
“This new partnership between Nest and AIA marks a powerful and unique opportunity for entrepreneurs in the region to get support from market leaders in Asia.”