For more information, see: www.arag.nl/www.legaltechfactory.com Together, B. Amsterdam and ARAG SE NL will transform 300 m2 into open and flexible workspaces where promising legal technology startups can learn from each other. The Legal Tech Studio offers a full program of masterclasses, workshops, regular speakers, and interactive sessions of industry experts to share their knowledge. An official launch party and a full quarterly program will be announced shortly. The founders are currently accepting applications from startups and individuals and other tenants interested in joining the studio. As technological advances revolutionize the world of law, ARAG SE Netherlands, a provider of insurance and legal protection services, is a leader with a unique technology incubator. Welcome to the Legal Tech Studio in Amsterdam. ARAG`s Legal Tech Studio, which has now signed two other Dutch legal technology startups, offers selected companies a tailor-made incubator program. “We don`t just invest, we always focus on building long-term relationships. It`s in our DNA,” says Faas. In Appjection`s case, his team has been heavily involved in business strategy and customer research from the very beginning. By leveraging ARAG`s extensive network of companies, Heck and Faas were able to make the right pivots to scale the business. “In fact, we did frequent tours across the country to get to know our customers and identify the best opportunities,” Heck recalls.
“With the help of ARAG, we talked to taxi drivers about their fines on the roads and implemented them on the website of Leaseplan, one of the world`s largest car leasing companies. And that`s just the beginning. “The legal industry is about to be disrupted in unprecedented ways.” Ricardo van Loenen, CEO and co-founder of B. Amsterdam, said: “Over the past 5 years, we have made it our mission to foster innovation. The legal industry is about to be disrupted in an unprecedented way, and B. Amsterdam and ARAG SE NL want to be at the forefront. Having a physical centre in B. Amsterdam specifically dedicated to promoting cooperation in the legal field is a great way to achieve this. “In addition to driving innovation for the legal world, we are also improving and expanding our own services. We want to help people solve legal problems quickly and easily. We do this with services that make legal advice even easier and more accessible.
At the same time, we want to be a more attractive employer for young lawyers,” says Richard Faas, Director of Innovation. But in today`s world, you don`t have to accept this loss so easily. Advances in optical character recognition technology and process automation make it possible to quickly analyze fines and determine in which cases a court case is likely to succeed. For ARAG Netherlands, part of one of the world`s largest legal insurers, this offers a great opportunity to expand its service. “There`s a lot of blocked value that our customers can unlock now if they have the right tools,” says Richard Faas, chief innovation officer at ARAG Netherlands and head of the new incubator, the Legal Tech Factory. From a large office in B.Amsterdam, Europe`s largest startup community on the outskirts of Amsterdam, Faas and its team research and select startups that develop such tools to enrich their product portfolio. Innovation in the future of justice? A smart service to make our colleagues or the interaction with our customers even happier? A new product to improve access to justice? Let`s connect via legaltechfactory.com Learn more about ways to join the studio. During this on-board session, ARAG`s Legal Tech Studio discusses our approach to overcoming these challenges. We will discuss how to define our innovation challenges, how to work with start-ups early in this process, and how to ensure internal ownership to develop new products and services using cutting-edge technology. Members of Legal Tech Studio already include Appjection, the fast-growing Dutch legal technology startup that allows consumers to oppose their unfair traffic fines in just 2 minutes. Young Law and Adapting Legal will also be part of the first group of carefully selected tenants participating in ARAG SE NL`s incubation program. “Workspaces where promising legal technology startups can learn from each other” Appjection was the first company to be included in ARAG`s incubator.
The team of 7 people, most of whom are former law students, now works in the B.Amsterdam office, where they are now supported by ARAG experts and have access to their extensive network of business partners.