Cincinnati Financial Corporation Subsidiary Announces Agreement with the University of Cincinnati to Drive Innovation
CINCINNATI, Dec. 6, 2018 /PRNewswire/ -- Cincinnati Financial Corporation (CINF) today announced that its lead property casualty subsidiary, The Cincinnati Insurance Company, signed an agreement to locate an innovation center within the University of Cincinnati's 1819 Innovation Hub. UC is one of 115 institutions that are classified as "R1: Doctoral Universities – Highest research activity" in the Carnegie Classification of Institutions of Higher Education. John Kellington, Cincinnati Insurance senior vice president and chief information officer, summarized the company's objectives for its new partnership with UC: "Gaining access to talent, accelerating the time from ideation to commercialization, developing a platform for innovation that can be leveraged by the entire enterprise, and generating excitement among our associates and agency population around a culture of innovation are the keys to success for us." The 1819 Innovation Hub boasts a venture lab for startups, multi-purpose rooms, state-of-the-art classrooms, a maker space and creative collision spaces.