Zurich is hosting a global competition for insurtechs to showcase their innovations in financial planning and four other categories.

Winners will receive Zurich’s support in bringing their pilot plans to life.

“Innovation is at the core of Zurich’s strategy,” Zurich Financial Services Australia CEO Volker Mayr said.

“The Zurich Innovation World Championship is about inviting insurtechs and start-ups to work with us to accelerate the transformation of our business towards being a truly customer-led insurer.”

Of the 459 initial entries worldwide, 15 came from Sydney, including the eventual country winner, HCF Catalyst start-up Soldier.ly.

Soldier.ly will present in the regional round next month in Hong Kong. The global round will take place in early February.