Looking for an investor or partner for your venture?

So what are we looking for? An entrepreneur who:

low-key entrepreneur

Is driven not by self-aggrandisement but a desire to right a wrong, fix what is broken. LinkedIn profile influencer strength, regular conference speaking does not prove anything. Often, the more low-key entrepreneur is of real interest to us.

20 December 2017

team player

Is a leader but a team player. A happy, engaged and motivated team builds better, together. We like entrepreneurs who are nice people.

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focused entrepreneur

Has an idea that fixes a problem today. Dreamy long-term problem solving is nice to talk about but we are more interested in fixing immediate problems. We like execution focused entrepreneurs

20 December 2017

has an idea

Has an idea, big or small, that can change the game for any of our businesses – whether that’s from a front-end customer perspective, or a back-end process that can keep the wheels of our businesses turning more smoothly.

20 December 2017

wants to get started

Wants to get started, yesterday.

20 December 2017

So what are we looking for? An entrepreneur who:

Drop us an email at entrepreneurs@autogeneral.com.sg with your details, and tell us about your startup and team.

Once our review of your submission is complete, we will invite you and your team to our office for a short presentation and discussion.

the process

the

process

Upon receiving your email, we will be in touch in relation to a short submission including a:
– Brief deck on the business
– Questionnaire

the

process

Drop us an email at entrepreneurs@autogeneral.com.sg with your details, and tell us about your startup and team.

Upon receiving your email, we will be in touch in relation to a short submission including a:
– Brief deck on the business
– Questionnaire

Once our review of your submission is complete, we will invite you and your team to our office for a short presentation and discussion.

Dear Entrepreneur,

Are you looking for an investor or business partner for your venture? Before you make any decisions, take a moment….

Do you really want to work with incumbent insurers or big corporates? Sure, they have digital villages, garages, hubs and labs. Whatever. They are still corporates. Ask yourself, what have any of these corporates actually disrupted, innovated, created and launched themselves in the last year, or even last five years? Is it really the best place for you? Jobs, Gates & Bezos used actual garages not some fancy big corporate version.

‘Mentors’– sure it is important to get quality advice. But ask yourself when talking to them. Have they ever actually built anything or are they consultants or “salarymen” who like the idea of working in the InsurTech/Tech space? Have they ever put their own money/personal reputation on the line and built something?

Capital raising – endless roadshows, pitches to those who have never built anything themselves. Exhausting, you never raise all the capital you need and you give away much of your idea/IP to the industry.

Is there an alternative? There is.

Like you, we are entrepreneurs and have been in the InsurTech space in Asia since 2006. We aren’t a big corporate or insurer with a ‘digital agenda’ – we are digital. Along the way I have learnt a lot and that the choice of co-investor is of course critical. Today I have a fantastic co-investor (with a track record of more than 35 years in InsurTech, and more recently Tech) who I know could be a fantastic co-investor for you. In less than two years in Southeast Asia, we’ve launched two licensed digitally-led consumer businesses – Budget Direct Insurance in Singapore and EasyCompare in Thailand. I am sure you would enjoy this environment as much as I do.

Why not join us and work with real entrepreneurs actually building things. Drop us a note at entrepreneurs@autogeneral.com.sg and we’ll come back to you with next steps.

Simon
Founding Director & CEO
Auto & General, Southeast Asia