2025 Insurtech Event Calendar

The InsurTech landscape is evolving faster than ever, and 2025 promises to be a groundbreaking year for innovation, networking, and collaboration. Whether you’re an insurance professional seeking the latest technological advances or a leader looking to connect with the brightest minds in the industry, InsurTech events are your gateway to success.

At the heart of this year’s 2025 Insurtech Event Calendar is our 2025 Spring Conference—a must-attend event that will redefine how brokers, carriers, MGAs, and solution providers navigate the future of insurance. Join us as we bring together top thought leaders, cutting-edge technology, and actionable insights to tackle the challenges and opportunities facing the industry today.

SPRING CONFERENCE

In this guide, we’ll highlight the Spring Conference and other major InsurTech events happening throughout the year, so you can plan to stay ahead in this rapidly changing industry.

Want to be included on our 2025 Insurtech Event Calendar? Send us a message here

One of the most common questions we receive is, what themes matter in 2024? With ITC at our heels, there is much to process about the year behind us.

So, we decided to share the themes our Carrier and Broker Members told us were important and announce our InsurTech Match and MGA Lab cohorts.

• [P&C] Alternative Data for Property, Auto, and GL; Submission Platforms; Post-submission Automation; Subrogation
• [L&H] 3rd Party Medical Data; Alternative Distribution; Estate Planning Tools; Financial Advisory Tools; Straight Thru Processing Tools
• [General] AI Risk Mitigation; Customer Experience Tools; Data Engineering Productivity, Data Prefill, Document Ingestion

InsurTech Match Cohort

Addition Wealth, Aktivolabs, Artivatic AI, Aureus Tech, b Atomic, Base64 AI, CitrusX, ClaimPartner, My Legacy AI, Comparison AI, Dacadoo, Deep Vector, Eleos Life, Enterprise Bot, Feathery, Gaya, LemonadeLXP, Lifesaver, Lumenova AI, Most AI, Natural Semantic, OneHop, PlaceCovr, s360 Life, Sitata, Startup Protection, Venm, Ideon, Warranty Life, Weave Lab, Wuuii, Youth Health

MGA Lab Cohort

Cherub, Equipo Fuerte Surety, Release, Sunereum Labs, Nivel Insurance, Ric Platform, RiskQ, SecuRIsk, Sitata, Startup Protection, Warranty Life, Wuuii, ZenHedge

Upcoming InsurTech Community Events and Programs

Leveraging the Latest Broker Tech
Nov 5, 2024 | New York

Accelerator: Demo Day (Investors Only)
Nov 7, 2024 | New York

InsurTechNY Webinar: Is AI the new Internet?
Nov 14, 2024 | 2:00 pm – 2:30 pm | Free webinar, sponsored by Indemn

InsurTech Spring Conference
Apr 2-3, 2025 | New York
1000+ influencers, 100+ speakers, 10 startup presentations, + expo hall

InsurTech Slopes 2025
Feb 4-5, 2025 | Vail, Colorado
– Limited to 40 founders and investors

InsurTech NY Sponsors

Thank you to our InsurTech NY Community Sponsors

If you are interested in sponsoring our community or our 2025 Spring conference, send us a note at contact@insurtechny.com.

InsurTech East Coast Deals, Opportunities, and Partner Events

InsurTech News and Deals

• Zinnia ($300M Vista Credit Partners): Connecticut-based end-to-end rapid product launch platform for Life & Annuity assets.
• Roots Automation ($22.2M Harbert Growth Partners): NYC-based pioneer in AI for the insurance sector
• Ledgebrook ($17M Duquesne): Boston-based, tech-enabled E&S MGA to wholesale brokers.
• Arqu ($10M Crosslink Capital): NYC Based digital wholesaler

Partner Events and Programs

• India InsurTech Annual Event 2024 (Nov 20)
• Venture135, Presented by RevTech Labs (Nov 21-22)

See more information about our partner events here:
https://www.insurtechny.com/upcoming-insurtech-conferences/

Jobs at carrier/broker innovation and venture teams

InsurTech NY – Investment Analyst (Remote – Full Time Contract)
Appian – Vice President, Global Partner Programs
Travelers – Senior Account Executive, Employee Benefits
Gallagher – Global Programs
Lockton Re – Senior Middle Market Underwriter, Private Equity

See more information and apply via our blog: https://www.insurtechny.com/jobs

Consider Sponsoring InsurTech Spring

Has the InsurTech NY community helped you make a lasting connection? Do you want an opportunity to get your brand out there? Sponsor our Spring Conference on April 2-3, 2025 at early bird pricing. To learn more or request information reach out to contact@insurtechny.com.

Best,
David and Tony
InsurTech NY Team

While we were getting caught up from Labor Day weekend, the FTC was busy.

Last Wed morning they initiated an antitrust probe against Nvidia, which now controls 80% of the AI Chip market. Nvidia’s dominant market position gives them a 78% gross margin (CNBC) and has produced hundreds of stock option millionaires following 30x stock price appreciation since 2019.

So the question remains – what does the probe mean for insurers especially if they don’t have GPU clusters?

It means two things:

1. Antitrust is back – with pending actions against Google and Amazon, it is only a matter of time until one insurance mega-merger gets visibility. It might be time to adapt your strategy.
2. Review your AI counterparty risk – If Nvidia is broken up or the FTC case impacts the availability of chips, you may have vendors unable to meet their SLAs. Find out who is reliant on buying new chips next year.

Spotlight on MGAs

At InsurTech NY, we do what we can to help grow the MGA community.

We have found that there is limited benchmarking data available about startup MGAs. Founders struggle to understand common questions like: which reinsurer is most active? Do most startups use TPAs? How long should it take to get to $10M in GWP?

To solve this, we are running an anonymous survey to share with the community. Participate here: www.surveymonkey.com/r/SNGT6MJ
Also, we are hosting a webinar on Oct 8 about how to reduce your reliance on a single capacity provider. Check it out: De-Risking the MGA Model

Upcoming InsurTech Community Events and Programs

De-Risking the MGA Model (Free Webinar)
Oct 4, 2024 | 1:00 pm – 1:45 pm (EDT)

Leveraging the Latest Broker Tech
Nov 5, 2024 | New York

InsurTech Spring Conference
Apr 2-3, 2025 | New York
1000+ influencers, 100+ speakers, 10 startup presentations, + expo hall

InsurTech Slopes 2025
Feb 4-5, 2025 | Vail, Colorado
– Limited to 40 founders and investors

InsurTech NY Sponsors

Thank you to our InsurTech NY Community Sponsors

If you are interested in sponsoring our community or our 2025 Spring conference, send us a note at contact@insurtechny.com.

InsurTech East Coast Deals, Opportunities, and Partner Events

InsurTech News and Deals

• Quickfacts ($2M Sandpiper Ventures): NS Canada based workflow, knowledge management, and comparison software for brokers.
• Walnut Insurance ($4.6M, NAventures): Canada-based no code platform for embedded insurance
• Boost ($40M BHMS Investments): NYC-based infrastructure platform for embedded insurance and MGAs

Partner Events and Programs

• Global Insurtech Awards (Nominations close Sept 16)
• 2024 Plenary Meeting – Open & Embedded Insurance Observatory (Sept 17)
• 2024 InnSure Climate Week Forum (Sept 23 – 24)
• LIC Technology Committee Meeting (Oct 2 – 3)
• NAAIA – Career Leadership Symposium (Oct 10, Reg Closes Oct 3)
• Insurtech Connect Vegas (Oct 15 – 17)
• Venture135, Presented by RevTech Labs (Nov 21-22)
• India InsurTech Annual Event 2024 (Nov 20)

See more information about our partner events here:
https://www.insurtechny.com/upcoming-insurtech-conferences/

Our partners over at Locke Lord will be helping to inform the community, by creating a glossary of terms used in the Insurance industry.

GLBA – the Gramm-Leach-Bliley Act, also known as the Financial Services Modernization Act of 1999, is an…
Read More

Jobs at carrier/broker innovation and venture teams

Appian – Insurance Industry Marketing Lead
Travelers – Senior Account Executive, Employee Benefits
Gallagher – Global Programs
Lockton Re – Account Executive Director, Ocean Marine Underwriter

See more information and apply via our blog: https://www.insurtechny.com/jobs

Consider Sponsoring InsurTech Spring

Has the InsurTech NY community helped you make a lasting connection? Do you want an opportunity to get your brand out there? Sponsor our Spring Conference on April 2-3, 2025 at early bird pricing. To learn more or request information reach out to contact@insurtechny.com.

Best,
David and Tony
InsurTech NY Team

On July 21, 2024, President Biden formally resigned from running for re-election, passing the torch to a Gen Xer.

Biden will be the first president to not seek two terms since LBJ in 1968. There is a lot of speculation as to what thoughts passed through his mind to make the decision. But one indisputable fact is that he would have been the oldest president to run for re-election.

Age is a funny thing. It is like gravity, there is no fighting it and slowing it does not stop it (based on current science). It is also something we are keenly familiar with in the insurance industry.

The average insurance broker is: 59 (McKinsey)

And many of the industry stalwart CEOs are older:

• Starr Insurance – Hank Greenberg – 99
• Berkshire Hathaway – Warren Buffett – 93
• Chubb – Evan Greenberg – 69
• Allstate – Thomas Wilson – 66
• State Farm – Michael Tipsord – 65

This is compared with the average Fortune 500 CEO age of 57, and Magnificent 7 CEO of 54.

A lot can be learned from experience. Having executives that have lived through hard and soft markets is crucial. However, for an industry necessary to global resilience, having perspectives from all generations in the C-suite matters.

Together we make better and more relevant products if we know the needs and experiences of young customers (those under 60), first hand.

So next time you can consider a younger or inexperienced candidate, challenge your thinking. Can you train and support that person? What is stopping you from making the hire? Similarly, if you have the chance to work with an InsurTech or younger startup. Can you make it happen? Will that partnership attract younger people to your company?

Upcoming InsurTech Community Events and Programs

Leveraging the Latest Broker Tech
Nov 5, 2024 | New York

InsurTech Spring Conference
Apr 2-3, 2025 | New York
1000+ influencers, 100+ speakers, 10 startup presentations, + expo hall

InsurTech NY Sponsors

Thank you to our InsurTech NY Community Sponsors

If you are interested in sponsoring our community or our 2025 Spring conference, send us a note at contact@insurtechny.com.

InsurTech East Coast Deals, Opportunities, and Partner Events

InsurTech News and Deals

• Gradient AI ($36M): MA-based provider of artificial intelligence solutions for the insurance industry
• Slide Insurance ($175M, Regions Bank): Tampa-based Insurtech company specialising in homeowners insurance
• Planck Data ($300M, acquired): Underwriting data platform acquired by Applied
• Marble (Undisclosed, acquired): Policy storage and comparison platform acquired by the Zebra

Partner Events and Programs

• LIC CEO Forum (Aug 27) – Nashville, Tennessee
• Insurtech Connect Vegas (Oct 15 – 17)
• India InsurTech Annual Event 2024 (Nov 20)

See more information about our partner events here:
https://www.insurtechny.com/upcoming-insurtech-conferences/

Jobs at carrier/broker innovation and venture teams

Travelers – Account Executive Director, Ocean Marine Underwriter
Gallagher – Global Programs
Lockton Re – Account Executive

See more information and apply via our blog: https://www.insurtechny.com/jobs

Consider Sponsoring InsurTech Spring

Has the InsurTech NY community helped you make a lasting connection? Do you want an opportunity to get your brand out there? Show your support for InsurTech NY by sponsoring our Spring Conference on April 2-3, 2025. To learn more or request information reach out to contact@insurtechny.com.

Best,
David and Tony
InsurTech NY Team

There are now 12 accelerators, incubators, studios, and labs dedicated to growing InsurTechs globally. It is now easier than ever to build an InsurTech business.

But it can be difficult to understand how one gets selected into these programs. Most of the time to the outside world, this process is shrouded in mystery. And, most startups simply receive a rejection letter after completing a black box application.

Since we run or influence the process of 17% of the programs and ~25% of the total flow of startups to the programs, we thought it would be helpful to unveil the secrets … just for our readers. Here it goes.

InsurTech Match (Growth Stage Program):

• Target participants: Seed to Series B companies, ARR range 100K to 30M; global scope
• Who picks participants: Carrier & Broker Members
• Max cohort size: No set limit (typically no more than 40)

Criteria for selection: one of the members must choose your company. Members typically choose your company if it addresses one of their annual problem statements. They can also pick you if they believe there is a pilot potential.

Problem statements for 2024: 3rd Party Property Data, Data Engineering Tools, Customer Experience Tools, AI Risk Mitigation, Life Alternative Distribution, Document Ingestion, Submission Platforms in Australia, Estate Planning, Underwriting Workflow Automation, 3rd Party GL and PL Data, Financial Advisory Tools, OCR and Data Pre-fill

MGA Lab

• Target participants: Aspiring MGAs or active MGAs targeting the US market
• Who picks participants: InsurTech NY team
• Max cohort size: 14

Criteria for selection: best mix of team, distribution strategy, and commercial viability of the MGA concept. We also need to believe that one of our reinsurers or capacity providers will be interested in backing you.

Please keep our secret safe. Just kidding. If you or a friend feel you meet the selection criteria, give it a shot and apply. It should take less than 30 minutes.

InsurTech Match: Apply here (Due 7/12)
MGA Lab: Apply here (Due 7/12)

Upcoming InsurTech Community Events and Programs

Leveraging the Latest Broker Tech
Nov 5, 2024 | New York

InsurTech Spring Conference (Pre-Registration Open)
Apr 2-3, 2025 | New York
– 1000+ influencers, 100+ speakers, 10 startup presentations, + expo hall

Our partners over at Locke Lord will be helping to inform the community, by creating a glossary of terms used in the Insurance industry.

MGA – means a Managing General Agent, which has both business and legal context meanings. In the business context, an MGA is an insurance producer…

Read More

InsurTech NY Sponsors

Thank you to our InsurTech NY Community Sponsors

If you are interested in sponsoring our community or our 2025 Spring conference, send us a note at contact@insurtechny.com.

InsurTech East Coast Deals, Opportunities, and Partner Events

InsurTech News and Deals

• Anterior ($20M, NEA): New York-based health insurance approval expeditor
• Authentic Insurance ($11M, First Mark Capital): New York based digital captive manager
• Richmond National ($55M, HF Capital): VA-based specialty excess and surplus lines insurance solution
• Sixfold ($15M, Salesforce Ventures): New York-based insurance underwriting tech startup

Partner Events and Programs

• NY DFS Exchange (Jun 30)
• Insurance Innovation Prize (Open through July 22, 2024)
• LIC CEO Forum (Aug 27) – Nashville, Tennessee
• Insurtech Connect Vegas (Oct 15 – 17)

See more information about our partner events here:
https://www.insurtechny.com/upcoming-insurtech-conferences/

Jobs at carrier/broker innovation and venture teams

Travelers – Director, Identity Governance & Administration
Gallagher – Global Programs
Lockton Re – P&C Senior Analyst

See more information and apply via our blog: https://www.insurtechny.com/jobs

Consider Sponsoring InsurTech Spring

Has the InsurTech NY community helped you make a lasting connection? Do you want an opportunity to get your brand out there? Show your support for InsurTech NY by sponsoring our Spring Conference on April 2-3, 2025. To learn more or request information reach out to contact@insurtechny.com.

Best,
David and Tony
InsurTech NY Team

Is the Future in MGAs?
On May 23rd, Bowhead Specialty had its IPO at $17 a share. On its first day of trading, it ended up 40%.
Bowhead is one of the glimmers of hope for the pipeline of InsurTechs and insurance companies that hope to go public. But they are not the only recent public insurer that is performing well. Two others are up from IPO:

Hamilton Insurance – Up ~13%
Skyward Specialty – Up ~245%

Looking beyond the headlines, Bowhead operates primarily as an MGA backed by American Family Insurance writing PL, GL, and Healthcare Liability. Both the underwriters at Bowhead and the program managers at Skyward have demonstrated that discipline is key. With the right discipline, it is possible to post a profitable book of business as a new public company.

If you are an entrepreneur looking to start an MGA, don’t have your hopes crushed just because your favorite VC gave up on MGAs last year. The professionals have proven there is money to be made.

You might not have all the pieces together to become the next Bowhead Speciality yet. Don’t worry, we’ve got you covered. There is clearly and future in MGA, and InsurTech NY is accepting applications to the MGA Lab – an immersive program to help MGAs get to the next stage.

Read more and apply here: https://www.insurtechny.com/mga-lab/

Upcoming InsurTech Community Events and Programs

The Sound of Underwriting
Jun 4 | Flatiron District, NYC
– Learn how underwriters price risk in entertainment + listen to InsurTech musicians

Series A, B, C: Marketing KPIs to convince a VC you’re ready to raise
Jun 6 | Online Event
– Online event on marketing KPIs. Fine tune your pitch and be ready for that next capital raise

InsurTech Rapids
Jun 10-11 | Jackson, Wyoming | 1 Content day + 1 Networking Day
– Founder and investor event limited to 20 people. Build deep lasting relationships.
– 2:1 Investor to Founder ratio

InsurTech Spring Conference (Pre-Registration Open)
Apr 2-3, 2025 | New York
– Our 6th annual flagship conference, bringing together up to 1000 InsurTech professionals from Carriers, brokers, vendors, and more. Pre-Registration is currently open. Sign up and be notified on early deals and pricing.

InsurTech NY Sponsors

Thank you to our InsurTech NY community sponsors.

If you are interested in sponsoring our community or our 2025 Spring conference, send us a note at contact@insurtechny.com

InsurTech East Coast Deals, Partner Events, and Open Roles

Discover a curated mix of InsurTech financings, exits, partnerships, opportunities, and partner events on the East Coast.

InsurTech News and Deals

• Cover Genius ($80M, Spark Capital): NYC-based embedded insurance solution
• CoverTree ($13M, Portage):Detroit-based digital insurance solution for manufactured home residents
• Arbol ($60M, Giant Ventures): NYC-based parametric insurance solutions
• Plover Parametrics ($5M): NYC-based technology-enabled commercial insurance brokerage

Partner Events and Programs

• McDermott’s InsurTech Summit – (June 4)
• Insurtech Insights (June 5-6) – subscribers can save 30% with code INSURTECHNY24
• RevTech Labs – Fintech + Insurtech Generations (Jun 12-13)
• Locke Lord’s InsurTech Legal Academy webinar (Jun 12)
• Scout InsurTech (Jun 17)
• On Ramp Insurance (Jun 18-19)
• NY DFS Exchange (Jun 30)

See more information about our partner events here: https://www.insurtechny.com/upcoming-insurtech-conferences/

Jobs In Carrier/Broker Innovation and Venture Teams

Travelers – Director, Identity Governance & Administration
Gallagher – Global Programs
Lockton Re – Senior Account Manager – Commercial Insurance
Tokio Marine – Senior Underwriter

See more information and apply via our blog: https://www.insurtechny.com/jobs

Consider Sponsoring InsurTech Spring

Has the InsurTech NY community helped you make a lasting connection? Do you want an opportunity to get your brand out there? Show your support for InsurTech NY by sponsoring our Spring Conference on April 2-3, 2025. To learn more or request information reach out to contact@insurtechny.com.

Best,
David and Tony,
InsurTech NY Team

What’s more common in America than Heart Disease?
Non-Compete Agreements

Per the FTC, nearly 1 in 5 workers is bound to a non-compete.
Non-competes tend to keep employees tethered to employers as the alternative is finding a job in another sector. Historically, a few states held that this employer power was against public policy. For example, California has enforced a ban on non-competes since 1872 based on judicial interpretations of CA Code Section 16600.
So if you are an employer, now would be a great time to review your employment and contractor agreements and make some updates. Keep in mind the FTC ruling exempts executives earning more than $151,000. Read the FTC press release here.

On the subject of competition, if you missed it, InsurTech NY announced the winners of our annual Global InsurTech Competition:
Samos Insurance : Carrier/Broker Winner
Qumis : Investor Winner

Upcoming InsurTech Community Events and Programs

The Sound of Underwriting
Jun 4 | Flatiron District, NYC
– Learn how underwriters think about entertainment + listen to an InsurTech musician

InsurTech Rapids
Jun 10-11 | 1 Content day + 1 Networking Day | Jackson, Wyoming
– Founder and investor event limited to 20 people. Build deep lasting relationships.

InsurTech Spring Conference (Pre-Registration Open)
Apr 2-3, 2025 | 2 Days | New York
– 1000+ influencers, 100+ speakers, 10 startup presentations, + expo hall

Series A, B, C: Marketing KPIs to convince a VC you’re ready to raise
Jun 6 | Online Event
– Online event on marketing KPIs. Fine tune your pitch and be ready for that next capital raise

InsureTerms by Locke Lord

Our partners over at Locke Lord LLP will be helping to inform the community, by creating a glossary of terms used in the Insurance industry.

SAP – Insurance statutory accounting principles for insurance companies which are codified… read more

InsurTech NY Sponsors

Thank you to sponsors of our recent InsurTech Spring Conference.

If you are interested in sponsoring our events? Make a request here

InsurTech East Coast Deals, Partner Events, and Open Roles

Discover a curated mix of InsurTech financings, exits, partnerships, opportunities, and partner events on the East Coast.

InsurTech News and Deals

• NovaData Solutions Inc. ($2M, Activate Venture Partners): AI-powered restoration invoice analysis platform
• Sertis (MGA) ($3.2M, JLL Spark): MGA using a fully digital property management platform
• CrashBay ($1.25M, Markd): Digital marketplace for car repair, connects insurers to owners and shops

Partner Events and Programs

• Insurtech Insights (June 5-6) – subscribers can save 30% with code INSURTECHNY24
• RevTech Labs – Fintech + Insurtech Generations (Jun 12-13)
• Scout InsurTech (Jun 17)
• On Ramp Insurance (Jun 18-19)
• NY DFS Exchange (Jun 30)

See more information about our partner events here: https://www.insurtechny.com/upcoming-insurtech-conferences/

Jobs In Carrier/Broker Innovation and Venture Teams

Anansi – Strategic Account Manager
Tokio Marine Group – Manager, Vulnerability Management and Testing- Remote
Gallagher – Client Service Positions
Lockton – Personal Risk (High Net-Worth) Sales Executive

See more information and apply via our blog: https://www.insurtechny.com/jobs

Best,
David and Tony,
InsurTech NY Team

Welcome to InsureTerms

Our partners over at Locke Lord have generously agreed to contribute to the InsurTech NY community with some educational pieces about the insurance industry and commonly used terms in it. We will be adding to this InsureTerms list periodically, so check back for more insights from Locke Lord’s team.

Service Contract

“Service Contract” – also known by its street name “Extended Warranty” – means a contract for which separate consideration is paid by the purchaser and under which the counterparty agrees to replace or repair tangible consumer property or goods because of operational or structural failure due to a defect in materials, workmanship, or normal wear and tear, with or without additional provision for incidental payment of indemnity under limited circumstances. A service contract is a quasi-insurance product in that it is regulated in most states under their insurance codes, and while some states’ service contract laws require licensure or registration of service contract providers or obligors, they are not regulated as insurance companies. In a few states, sales representatives or agents are required to hold a license akin to an insurance producer license.
November 27th, 2024 | Contribution by BCasey@lockelord.com

GLBA

GLBA, the Gramm-Leach-Bliley Act, also known as the Financial Services Modernization Act of 1999, is an act of the 106th United States Congress (1999–2001). Title V thereof established the first comprehensive federal statutory law governing data privacy and security of the non-public personal information of personal, family or household products customers of financial institutions, e.g., banks, credit unions, savings and loan associations, securities brokerages and insurance companies and producers. GLBA delegated the implementation of its data privacy and security, enabling statutes to the relevant functional regulators, which in the case of the insurance industry was the National Association of Insurance Commissioners (NAIC). In 2000, the NAIC promulgated its GLBA regulation, the Privacy of Consumer Financial and Health Information Regulation (Model Law 672-1), which is now under review by the NAIC for upgrades given that the consumer data privacy and security landscape has changed drastically since the year 2000.
August 30, 2024 | Contribution by BCasey@lockelord.com

SAP

Insurance statutory accounting principles for insurance companies which are codified in the National Association of Insurance Commissioners’ Accounting Practices & Procedures Manual, and sometimes by a “permitted practice” of a state insurance department; the term is oftentimes used as an accounting reference for insurance company financial matters in a stock purchase agreement, managing general agreement and reinsurance agreement. SAP is an enterprise liquidation value oriented method of accounting, which is much different than U.S. Generally Accepted Accounting Principles, which an insurance holding company would normally use for preparing its financial statements.
June 27, 2024 | Contribution by BCasey@lockelord.com

MGA

A Managing General Agent, which has both business and legal context meanings. In the business context, an MGA is an insurance producer that, under an agreement with an insurer, has the authority from the insurer to produce insurance business using the insurer’s policy forms and rates, or policy forms and rates developed by the MGA for use in the name of the insurer, and may also handle insurance claims for the insurance policies produced by the MGA. Oftentimes, an MGA will bring a reinsurance company partner to the transaction that will reinsure the “fronting insurer” for which the MGA acts. From a legal perspective, many state insurance departments issue a separate MGA license to a licensed insurance producer where it meets the legal definition of an MGA, which generally is an insurance producer that

1. manages all or a part of an insurer’s business,
2. annually produces total gross written premiums for the insurer equal to or more than 5% of the insurer’s most recent year-end total policyholders surplus and
3. either (i) handles insurance claims for the insurer or (ii) negotiates ceded reinsurance for the insurer.

April 9, 2024 | Contribution by BCasey@lockelord.com

This year’s Spring Conference was a success!

See what all the buzz was about…

MEDIA RECAP 2024

ON LINKEDIN – At InsurTech NY March 20-21, speakers on panels shared insights on embedded insurance, underwriting innovation, and innovating during core systems upgrades…

Read Post

IN PDF, March 22, 2024 – “Insurers had better get on board with artificial intelligence because it’s here to stay, say industry watchers. ‘I think that AI is already sticking,’ said Todd Rissel, CEO of e2Value, Inc., a property appraisal company in Stamford, Conn., who was speaking at the Spring InsurTech Conference in New York this week…”

See Article

ON WEBSITE – InsurTech M&A seems to be showing signs of life. While there hasn’t been an influx of completed deals, more discussions have been taking place compared to last year, attendees at the Insurtech Spring Conference said…

See Article

IN PDF, April 1, 2024 – “Regulations, I don’t see them as a roadblock,” said Nanditha Nandy, head of data-driven underwriting solutions for Swiss Re, speaking at the InsurTech NY conference in March. “They are the necessary gatekeepers. If we are able to explain the decision-making, we should be fine.”

See Article

VIDEOS, April 5, 2024 –
AM Best TV has covered the Insurtech 2024 Spring Conference thoroughly. Click here for a full breakdown of their content around the conference with topics like: “Insurtech Leaders Say a Strong Insurance Background Is Part of Successful Recipe”

Watch Clip

VIDEO, April 2, 2024 – “Root CEO Alex Timm has said the insurtech appreciates the recent recognition it has received for its performance among investors, and argued that the auto specialist’s technology advantage is starting to become more evident as it outperforms the industry.”

Watch Clip

ON WEBSITE, March 27, 2024 – “InsurTech NY — an insurtech community association, incubator, and investor — held its 2024 Spring Conference on March 20 and 21. Presentations and panels centered on the new wave of opportunities from AI and data analytics within insurance. We look at the key themes and use CB Insights data to dig into the underlying trends.”

Read Article

ON WEBSITE, April 5, 2024 – “InsurTech NY founders: Group aiming to provide “ecosystem” to foster community. InsurTech NY’s co-founders David Gritz and Tony Lew have outlined the group’s mission of fostering community within the segment and to leverage their insights and relationships to invest and incubate start-ups to help them get off the ground.”

Watch Clip

ON WEBSITE, April 11, 2024 – “Following InsurTech NY‘s Spring Conference, Arch’s Bryan Adams sat down with Michael Shashoua from Digital Insurance to discuss third-party data management. The pair explored both challenges and solutions for the insurance industry when it comes to handling third-party data. Bryan even shared two data-related trends on the horizon that have caught his interest.”

Watch Clip

Global Startup Competition Finalists Announced!

With Super Tuesday behind us, we are now turning our focus to the competitive spirit within our industry.

More than 30 VC and carrier judges have deliberated and selected the top nine startup competition finalists for our Global InsurTech Competition. With 149 applications, our selection process is on par with Princeton University’s acceptance rate.

Top Startups: Anansi, FutureProof Technologies, Invive, Lukango, Qumis, Samos Insurance, Vecto, Vellum Insurance, and Wuuii.

For the last startup, we invite you to be a part of the process. The final startup (wildcard) will be selected by popular vote. Check out the startups given a wildcard opportunity, review their videos, and submit your vote by March 8th.

Competition Wildcard: https://www.insurtechny.com/competition/

All finalists will present at our InsurTech Spring Conference. Don’t forget to register.

Spotlight: Insurance Innovation Playbook @ InsurTech Spring

Conning Research and InsurTech NY have been interviewing carriers to figure out the playbook for making innovation work. 10+ carriers have participated in in-depth interviews.

Our own Tony Lew will present the research at our InsurTech Spring Conference on March 20th.

Join us and benchmark your peers: www.insurtechny.com/insurtech-spring-conference

Upcoming InsurTech Community Events and Programs

InsurTech Spring Conference
Mar 20-21 | 2 Days | Pier 60
– 1000+ influencers, 100+ speakers, 10 startup presentations, + expo hall

The Sound of Underwriting
Jun 4 | Flatiron District, NYC
– Learn how underwriters think about entertainment + listen to an InsurTech musician

New Data Sources
Jun 12 | Sunnyvale, CA
– An InsurTech SF event, this Plug and Play Tech collaboration covers topics from IoT sensors and telematics to advanced analytics and machine learning

Spring Conference Partner Events

Caffeine Kickstart by Fenris Digital

March 20th 10am – 12pm | Bluestone Lane cafe at Pier 62

ITA After Conference Networking Event

March 20, 6:30pm-8:30pm | Porchlight

InsurTech NY Sponsors

Thank you to the sponsors of our upcoming InsurTech Spring Conference.

If you are interested in sponsoring our events, send us a note at contact@insurtechny.com

InsurTech East Coast Deals, Opportunities, and Partner Events

Discover a curated mix of InsurTech financings, exits, partnerships, opportunities, and partner events on the East Coast.

InsurTech News and Deals

Coverdash ($13.5M, Nyca Partners): NYC-based SMB-focused embedded insurtech solution

Healthee ($32M, Sequoia Capital): Harnessing AI for a better user experience, providing insurance answers

intenseye ($64M, Lightspeed Venture Partners): Workplace safety solutions leveraging existing infrastructure

Partner Events and Programs

• InsurTech Hartford Symposium (Apr 17-18)
• NY DFS Exchange (Jun 30)
• RevTech Labs – NYC Fintech Pitch Event (Apr 11)
• RevTech Labs – Fintech + Insurtech Generations (Jun 12-13)

See more information about our partner events here

Jobs In Carrier/Broker Innovation and Venture Teams

Anansi – Strategic Account Manager
Gallagher – Client Service Positions
Lockton – Personal Risk (High Net-Worth) Sales Executive
Tokio Marine – Head of Red Team and Intelligence

See more information and apply via our blog: https://www.insurtechny.com/jobs

Sponsor InsurTech NY Community Activities

Has the InsurTech NY community helped you make a lasting connection? Do you want an opportunity to get your brand out there? InsurTech NY has many ways to support your marketing needs: community events, podcast, newsletter, webinar and more. To learn more, reach out to contact@insurtechny.com

Best,
David, Tony, and the InsurTech NY Team