Company sees collective valuation of startups approach $1 billion.
Des Moines, IA – October 17, 2023 – BrokerTech Ventures (BTV), a pioneering broker-centric accelerator program in the insurtech industry, is thrilled to announce remarkable results from its latest report showcasing the outstanding achievements of its accelerator startups.
Over the course of four cohorts and 3.5 years, BTV has consistently empowered and propelled emerging insurtech companies to new heights. The recently released data illustrates the notable progress made by BTV’s four accelerator cohorts and the significant impact they have had on the insurance technology sector.
Key highlights from the BTV accelerator program include:
“We are immensely proud of the achievements of our startups and of the continued growth of the insurtech sector as a whole,” said Dan Keough, Holmes Murphy Chairman and CEO and BTV Co-CEO. “These outstanding outcomes validate the effectiveness of our accelerator program and underscore the vital role that insurtech startups play in driving innovation within the insurance industry, while also working to identify risks sooner and drive down costs faster for our clients.”
“BTV’s commitment to fostering innovation and collaboration in the insurance technology space has solidified its reputation as a leading force in the insurtech ecosystem,” said Mike Victorson, M3 Insurance President and CEO and BTV Co-CEO. “We are proud of our efforts and can’t wait to see how the future continues to unfold.”
As BTV continues to make strides in the insurtech landscape, the program remains dedicated to fostering the next generation of insurtech leaders and driving continued success in the insurance technology sector.
“One of the reasons we signed on as BTV’s first carrier partner in 2020 was because of their approach to bringing together insurtechs, carriers, and brokers to address industry pain points,” said Bob Jenkins, Vice President of Enterprise Distribution at Travelers. “We continue to find value in this relationship as we uncover the power and potential of the innovative capabilities these startups bring to the insurance community.”
Applications for the 2024 BrokerTech Ventures accelerator cohort open on November 1, 2023.
BTV will also once again be front and center fueling the BrokerTech Connect portion of the InsureTech Connect conference in Las Vegas on October 31. To attend BrokerTech Connect, please register here.
About BrokerTech Ventures
Based in the insurance nucleus of Des Moines, Iowa, BrokerTech Ventures (BTV) is the first broker-led convening platform and accelerator program focused on delivering innovation to the insurance broker industry. Founded in 2019, BTV provides a venue for the best minds in insurance and technology to collaborate and bring to market leading-edge ideas and solutions. BTV invests in the research and testing for each of the chosen startups, provides access to veteran industry mentors, and helps scale the technology to market through broker distribution channels. Learn more at www.brokertechventures.com, or follow us on Twitter (@BrokerTechVen), LinkedIn, or Facebook.
About Conner Strong & Buckelew
Conner Strong & Buckelew is among America’s largest insurance, risk management and employee benefits brokerage and consulting firms. The firm is an industry leader in providing high-risk businesses with comprehensive solutions to prevent losses, manage claims, and drive bottom line growth. Its employee benefits practice focuses on providing best-in-class benefits administration, health and wellness programs and strategic advisory services.
Founded in 1959 with offices in New York, New Jersey, Pennsylvania, Georgia, Massachusetts, Florida, and Delaware, Conner Strong & Buckelew has a team of 500+ professionals, serving clients throughout the United States and abroad. For more information, visit www.connerstrong.com or follow us on LinkedIn (@ConnerStrong&Buckelew), Twitter (@connerstrong), Facebook (@connerstrongbuckelew) and Instagram (@connerstrongbuckelew).
