InsurTech NY is now accepting applications for its third annual InsurTech Early-Stage Competition.
InsurTech startups will be selected as finalists based on their growth potential and market opportunity. The top teams will be invited to present at the InsurTech Spring Conference held on March 7 at the New York Marriott Marquis. Three winning teams will split $200,000 in prizes.
The judging pool is composed of angel investors, insurance carriers and venture capitalists. Highlighted judges include investors and business leaders from Avanta Ventures, CNO Financial, DealerPolicy, Gallagher, Lockton, Nationwide Ventures, New York Angels, Park City Angels and Transverse.
Delos Insurance, the wildfire risk MGA that won last year’s Angel Investor Prize, recently raised $5.3 million in seed funding.
“We are proud to be a catalyst for early-stage InsurTechs to gain recognition and relationships to scale their business,” said David Gritz, co-founder of InsurTech NY. “Each year we strive to make the competition better. This year, one of the winners will be awarded by InsurTech NY, and the winner will be strongly considered for investment from InsurTech Fund up to $50,000.”
Early-stage InsurTechs are eligible to compete if they had less than $250,000 in revenue in 2021. The deadline for submission is Jan. 28, 2022. Startups can apply to the 2022 competition at www.insurtechny.com/competition.
Source: InsurTech NY