Seven Australian insurtechs have been selected to take part in a virtual insurtech bootcamp run out of Israel.

The initiative was organised by Insurtech Australia in partnership with the Australian Trade and Investment Commission (Austrade) and Tel Aviv-headquartered open innovation company SOSA.

Applications to the scheme have been whittled down to seven successful companies. The bootcamp will run for a week next month, and includes tailored workshops and one-on-one development advice.