Now in its 5th year with partner Leading Cities,
the QBE AcceliCITY challenge seeks to identify and support
start-ups that develop solutions to some of the world's most
pressing urban resilience challenges.
YORK, Sept. 27, 2023 /PRNewswire/ -- QBE and
Leading Cities have announced the 10 finalists for the 2023 QBE
AcceliCITY Resilience Challenge main track, as well as the four
finalists for the property tech track. In this year's competition,
a record-breaking 650 entrepreneurs from 80 countries submitted
solutions for driving equity, resilience and sustainability in
In addition to the main track challenge, the 2023 competition
also features two auxiliary tracks, a "property tech" track seeking
solutions to challenges at the intersection of sustainability and
commercial property, and an "agtech" track looking to identify a
solution to support America's small- and mid-size farmers.
The following 10 main track finalists will move on to
participate in the QBE AcceliCITY Boot Camp and final pitch event
with judges from the World Economic Forum, the Earthshot Prize and
Code for America, vying for the top prize of $100,000 in pilot project funding.
- Aqua Solar Solutions: Cutting-edge technology to generate
affordable green electricity as well as fresh water.
- Flash: An AI/Deep Learning platform that is changing the way we
forecast weather by forecasting lightning hazards for the
- GoodMaps: Turn-by-turn navigation that enables anyone to find
their way within the built environment regardless of their routing
- itselectric: An urban curbside EV charging network that
connects to existing buildings and shares revenue with the host
- SmartAcqua Solutions: Water Losses are growing globally despite
investments; existing solutions are not working, and SmartAcqua
AI/ML solution can fix it.
- Stratasite: A cloud-based active threat planning portal that
allows emergency responders to create and share coordinated
- Sustainaccount: Provides real estate stakeholders with
actionable climate intelligence to foster the resilience of
- Syrinx: Leaders in nature-based solutions, sustainable
technologies and positive impact models.
- UrbanSky: Provides high-resolution, ultra-low-cost, city-wide
aerial imagery using zero-emission balloons.
- WEO: Creates accessible environmental analytics by harnessing
the power space data and AI.
In the proptech track, four finalists - Climasens, Flash,
Intelligent AI, and UrbanSky – pitched to a judging panel made
up of QBE's property leaders in North
America and International, as well as QBE Ventures.
Intelligent AI, a global location intelligence solution that helps
identify, measure, predict and mitigate property risks in real
time, was selected as the winner, receiving $25,000 and business support from QBE.
Additionally, the judges made the decision to extend QBE's business
support to all participating finalists in recognition of the high
quality of the solutions they presented.
"Cities experience unique challenges stemming from and
complicated by climate change, population density, cyber risk, and
resource scarcity. They are looking for practical solutions that
can be implemented to make a difference in their local
communities," said Mike Lake,
President and CEO of Leading Cities. "AcceliCITY focuses on
solutions for real problems and provides support to impact-driven
entrepreneurs who are seeking to operationalize their great
"As a company that helps people and businesses develop
resilience and mitigate risk, QBE is proud to play a role in
helping our cities and local governments build resiliency and
prepare for a range of environmental and economic risks," said
Chris Castaldo, Chief Financial
Officer at QBE, who also serves as Executive Sponsor of the
AcceliCITY Challenge. "Our partnership with Leading Cities, now in
its fifth year, puts action behind our values and purpose to enable
a more resilient future for our communities, customers, and
QBE North America is a global insurance leader helping customers
solve unique risks, so they can stay focused on their future. Part
of QBE Insurance Group Limited, QBE North America reported Gross
Written Premiums in the first half of 2023 of $5 billion. QBE Insurance Group's results can be
found at qbe.com. Headquartered in Sydney, Australia, QBE operates out of 27
countries around the globe, with a presence in every key insurance
market. The North America
division, headquartered in New
York, conducts business primarily through its insurance
company subsidiaries. The actual terms and conditions of any
insurance coverage are subject to the language of the policies as
issued. Additional information can be found
at qbe.com/us or follow QBE North America
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About Leading Cities
Leading Cities is a non-profit organization that drives action and
solutions for a sustainable, resilient, and equitable future
through innovation and education for entrepreneurs, governments,
and corporations. Leading Cities connects cities across the globe
with innovations and insights by delivering advanced research,
emerging trends, and new technologies that improve the quality of
life in urban centers.
About the QBE AcceliCITY Resilience Challenge
QBE AcceliCITY Resilience Challenge, a signature program, leverages
the Leading Cities network of forward-thinkers in the public,
private, academic, and non-profit sectors to advance innovation in
local governments. The program lowers the cost and risk of
innovation for startups as well as cities and corporations by
streamlining the innovation and sales cycles for Smart City
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SOURCE QBE North America