Startups from across the U.S. and U.K. gain access to intentional engagement and distribution offerings through BrokerTech Ventures’ collective 27 agency and insurance company partners.
Des Moines, IA – March 28, 2023 – BrokerTech Ventures (BTV), the industry’s first broker-led convening platform and accelerator program, has selected the following 12 insurtech startups to take part in its highly intentional accelerator curriculum.
“In this, our fourth year of the BTV Accelerator, I am thrilled with the diversity of technologies that will move through the accelerator, as well as the diversity in geographies represented,” said Dan Keough, Holmes Murphy chairman and CEO and BTV co-founder. “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 kicks off April 4, 2023. During the program, 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 multi-billion-dollar distribution platform to deploy the technologies.
“This class is really exciting for a number of reasons,” said John Jackovin, executive director of the BTV Accelerator. “The startups include some who had reapplied after not making it in years past. We also have more female founders than ever before, which is tremendous to see! And, of course, the products and technologies continue to improve. We are fortunate to be able to engage at this early stage to provide a tremendous value to the community.”
Collectively, BTV represents 13 of the largest independently owned insurance brokerages and 14 of the largest insurance companies in North America, with a combined multi-billion dollars in annual distribution capacity.
“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,” said Keough. “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.”
In addition to activities in the United States, BTV co-founded the first broker-centric accelerator in Tel Aviv, Israel — the Israeli Insurtech Accelerator — along with InsurTech Israel. BTV has also teamed up with insurance leaders in Latin America to launch and fuel The LATAM Insurtech Accelerator (LATAMIA).
For more information on BTV, please visit www.brokertechventures.com.
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 brokerage, 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.
The company provides insurance and risk services to a wide-range of industries including but not limited to construction, education, healthcare, hospitality & gaming, life science & technology, public entity and real estate. Additionally, Conner Strong & Buckelew and its affiliates offer a number of innovative and specialty solutions which include captive strategies, construction wrap-ups, executive risk, safety and risk control, and private client services.
Founded in 1959 with offices in New York, New Jersey, Pennsylvania, Georgia, Massachusetts, Florida, and Delaware, Conner Strong & Buckelew has a team of 450+ 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).