BrokerTech Ventures (BTV), the broker-led convening platform and accelerator program, has selected 12 InsurTech startups to take part in its accelerator curriculum for 2022:
“As we kick off the third year of our BTV Accelerator, I am thrilled with the diversity of technologies we were presented and will move through the accelerator, as well as the amount of international interest and presence we now have in the program—from Canada to Israel,” said Dan Keough, Holmes Murphy chairman and CEO and BTV co-founder, said in a statement. “We truly have some of the highest-caliber early-stage and growth InsurTech companies on our roster, and they touch nearly every angle of insurance risk management—from P/C commercial to cyber to health/benefits-tech solutions.”
The accelerator cohort runs from April 4-May 6, 2022. During this time, the startups will advance their technologies, accelerate their progress through a select mentor network, receive $50,000 in seed funding and gain immediate access to BTV’s multibillion-dollar distribution platform to deploy the technologies.
Collectively, BTV represents 15 of the largest independently owned insurance agencies and 14 of the largest insurance companies in North America, with a combined multibillion dollars in annual distribution capacity.
“While the accelerator runs for just five weeks, it fosters a culture of innovation and entrepreneurship within the broker-centric InsurTech space with continued support beyond accelerator graduation,” said Keough. “The true value in our BTV Accelerator and business model is in the engagement with our trifecta ecosystem of BTV agencies, insurance companies and capital resources. Many of the startups who go through the accelerator have an engagement with our partners that lasts well beyond the accelerator as we work to deploy their technologies to collectively help our clients and the insurance industry identify risks sooner to drive down costs faster.”
Source: BrokerTech Ventures