Innovation

How we work

From experimenting with emerging technologies to engaging with innovative companies in the startup community, we're making innovation a priority in solving customer problems and preparing for the future.

Engaging the insurtech ecosystem

We engage and foster innovation through relationships with emerging companies and strategic venture investments.

Exploring emerging technologies

We invest in, incubate and experiment with the latest technologies like artificial intelligence, robotic processing automation, blockchain and more.

Investing in the tech community

We support the technology community in the Twin Cities and beyond through unique events and sponsorships.

What's new

Here are some recent examples of our innovation teams at work.

Applications now open for 2021 OnRamp Insurance Accelerator

Each year, the OnRamp Insurance Accelerator, with Allianz Life and Securian Financial, invests in five insurtech startups who participate in a three-month, concierge accelerator program in Minneapolis-St. Paul. Each startup receives a cash investment of $100,000, office space and access to gener8tor’s global network of mentors and investors.

Learn more and apply

Securian Financial launches Benefit Scout® ChatBot

Utilizing artificial intelligence, the Benefit Scout® ChatBot engages with customers in a meaningful way by creating a conversational flow that is continuously learning based on previous interactions and social norming. Benefit Scout ChatBot is a unified experience that provides information and tools to help employees understand and make decisions about their benefits, leading to increased enrollment and improved participation.

Innovation teams compete using AWS DeepRacer™

In coordination with AWS, Securian hosted an AWS DeepRacer™ event. AWS DeepRacer™ provides a new way to learn more about Reinforcement Learning and Machine Learning models by teaching a 1/18th scale race car how to drive autonomously around a race track.

Industry consortium completes POC for blockchain claims tool

We are a member of The Institutes RiskStream Collaborative™, the risk management and insurance industry’s largest enterprise-level blockchain consortium. RiskStream recently completed a proof of concept of its Mortality Monitor™ application, which would create a decentralized death registry using blockchain to facilitate reliable, secure and traceable exchange of information, with potential to enable faster payment of death claims.