Bullfrog Ventures announces a Memorandum of Understanding (MoU) with The LHoFT Foundation
Luxembourg and Miami, February 21, 2019 – Today Bullfrog Ventures (Bullfrog), an Innovations Incubator firm specialized in insurance and Insurtech capabilities delivery based in Miami, and the Luxembourg House of Financial Technology (LHoFT) have announced an agreement joining forces to create the most comprehensive and curated Fintech and Insurtech international ecosystem.
Under this MoU, the LHoFT and Bullfrog have decided to create an international collaborative platform between Europe and the Americas, supported by LHoFT’s dedicated Fintech innovation centre and Bullfrog’s Insurtech delivery platform capabilities, accelerating the transition of insurance solutions to be more predictive and preventive, reducing material damages and improving people’s lives. Both organisations have incredibly comprehensive Fintech and Insurtech members, gathering more than 107 Fintechs fellow and 110 Insurtechs firms. This is an extraordinary starting point to strengthen and develop the international entrepreneurial ecosystems, promoting and co-hosting corporate, networking, educational and other events to discuss the main challenges and opportunities of the financial services industry in the digital era.
The LHoFT Foundation is a public-private sector initiative that drives technology innovation for Luxembourg’s financial services industry, connecting the domestic and international Fintech community to develop solutions that shape the world of tomorrow. Senior executives from 13 leading private sector institutions sit on our board as leadership circle partners alongside representative from the Luxembourg Government, such as our Chairman, Pierre Gramegna, Luxembourg Minister of Finance, as well as leaders of the Luxembourg Chamber of Commerce, Luxembourg for Finance and PROFIL, the Luxembourg Financial Industry Federation.
Bullfrog® Ventures is the only Innovations IncubatorTM in the Americas solely dedicated to Insurtech, focusing on game-changing opportunities that deliver substantial business growth and efficiencies for the Insurance industry. We take a hands-on/entrepreneurial approach every step of the way to ensure success. We create solutions as well as partner with clients to ensure our implementations are exactly the capabilities they need to differentiate themselves in their Markets and Sectors. Visit us at www.bullfroghq.com.