Another summer gone by and another student week at Cookhouse Labs.
That’s right – we did it again. For the third year in a row we collaborated with the University of Applied Sciences Wuerzburg-Schweinfurt in Germany and the results were, again, awesome.
You may remember our first year we chose a topic of a running project and asked the students to show us what they thought could be possible solutions. Read more about it here – Drone Insurance: Learnings & Wrap Up. Last year we hosted a hackathon and another group of students from Germany were part of the teams. You can read the recap here – Hackathon Recap: Passive Risk Takers to Active Risk Managers.
This year we tried something new. We split the students into three groups and invited some of our members interested in working with young minds with little to zero knowledge of insurance. The results were superb.
Each student group had a mentor (Cookhouse Lab member), they met bi-weekly over Zoom and using the Cookhouse Lab methodology designed their way new innovative ideas.
In August we met in person and dedicated a full week of testing, iterating and strategizing on a business plan.
The results:
- Close collaboration with young adults
- Educated youth through mentorship on our insurance industry
- Three solutions co-created alongside mentors and staff from each member organization
- Two solutions currently being realized by each member organization
- One solution being presented in Asia
The fall is here now – well, more like winter – and we are strategizing our next co-creation project with students.
Stay tuned to read more about our next timeline for the student week project. And let us know if you are interested in becoming a mentor of a group of students.
One summer at a time we are making insurance better!