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InsurTech Growth: InsurTech NY Announces its 2022 Growth Stage Accelerator Cohort NEW YORK, Oct. 13, 2022 /PRNewswire/ — InsurTech NY, the largest InsurTech community in North America, announced today its third  InsurTech growth stage accelerator cohort. InsurTech NY’s carrier and broker members selected 32 startups, from a pool of more than 150 applicants in 29 […]

InsurTech NY News: The Start of our MGA Lab & ITC Highlights In this issue of the InsurTech NY Newsletter (The Start of our MGA Lab & ITC Highlights): Read about how to start an MGA Spotlight: the best of the Blues Bash Happy Hour at ITC Vegas See upcoming InsurTech Community Events and Programs […]

This article was originally published August 2022. For up to date industry information, including further on Startup carrier insurtech companies, click here.   What’s the difference between a startup and a startup carrier? Simply put: distribution. Many people remark on the rapid growth of the InsurTech used-to-be Unicorns. And, they attribute that growth to being […]

NEW YORK, July 7, 2022 – InsurTech Fund, a venture capital fund associated with InsurTech NY, announced that it will be accepting applications for its first Digital MGA Lab. Applications will be accepted from July 7th through July 27th. The application is available through the InsurTech Fund website. The program is designed for digital brokers, […]

Recent press on Digital MGAs has soured the mood for Venture Capitalists outside of the industry. Everyone is concerned about how the public markets will impact earlier stage funding rounds and the viability of the next crop of Digital MGAs. But the full story remains unwritten. “It is not in the stars to hold our […]

NEW YORK, NY, July 6, 2022 — InsurTech NY, the largest InsurTech community in North America, announced that it will be accepting applications for its third annual growth-stage accelerator. The application window will run from July 6 to July 29 and applications can be submitted through the InsurTech NY website. The program is designed for […]

Talk of the town has been that the dynamics between venture capital and founders is changing. Gone are the days of grow premium at all costs. Now that actuarial science has caught up with high flying InsurTech IPOs, everyone is uncertain. Will startups be able to hit their milestones? Will VCs have enough capital to […]

For years, the promise of AI and intelligent automation solutions in Insurance has been just that – a promise with only select practical, material applications to point to. There were many interesting early applications, though some felt a bit like the “Not a Hot Dog” scene from Silicon Valley. Great concept, but limiting in how […]

With InsurTech funding reaching a new record in 2021, $15.4B (CB Insights), the sources of investment have diversified. One of the most important source so far is corporate venture capital (CVC) from insurers. Carriers have been LPs in venture funds since the inception of venture, but now there are more than 40 active CVCs. For […]

This article was release March, 2022. For more information on this year’s global insurtech competition, click here. On March 7th we asked a simple question: should insurers prioritize customer-first or digital-first initiatives? 650+ conference attendees joined us full day to discuss. Here is what our keynote speaker, Tom Troy, had to say: “I would have […]

Everyone always says our industry is a relationship business, and that means building a community is critical to your growth individually and for your business. But what does community really mean? For InsurTech NY, we think about community as the networks we build together, with colleagues and peers across and around the industry, to support […]

2021 InsurTech funding grew with a vengeance over 2020 levels, with more funding raised by Q2 than in the full prior year. One reading the data might assume finding capital got easier than ever. But digging deeper into the numbers, we see that a large proportion of that funding was in later-stage rounds for larger […]

Insurers must make a choice. They can focus on optimizing the front-end of their business creating a seamless customer experience, building customer-centric products, and helping their channel serve the customer. Or, they can rebuild the core, strengthen APIs, implement artificial intelligence and machine learning in underwriting, and replace manual processes with robotic process automation (RPA). […]

This article was published in December 2021 | For current Insurtech Events, visit our events page here. A hub is only as powerful as the spokes that support it. When we first set out to build InsurTech NY, our vision was to fill the gap of an organic community for insurance innovation in the NYC […]