InsurTech Early-Stage Competition 2023

Global InsurTech Competition: Early-Stage

InsurTech startups rely extensively on a supportive ecosystem to survive and thrive. Unlike consumer-driven industries like fitness or eCommerce, InsurTech startups must meet many hurdles to get to a proven minimum viable product (MVP). We created this competition to bring visibility to talented founders of early-stage startups to gain access to the resources and recognition they need to gain traction.

Contestants will gain access to a prize pool of $200,000 in value, exposure to 10+ early-stage investors and insurance leaders, and have the chance to present in front of 400+ InsurTech influencers live in New York.

How to Apply and Win

Application Process

Submit your application until Feb 10, 2023.

Judges

We are bringing together an expert lineup of early-stage investors and carrier and broker leaders. The full judges list will be updated soon.

Eligibility Criteria

Startups that meets the following requirements can apply:

  1. Revenue Requirement: The startup had less than $250,000 USD in annual revenue in 2022.
  2. Classify as an InsurTech: The company uses technology to a) sell insurance policies or b) serve a (re)insurance carrier, an insurance broker, or risk management organization.

Why Apply?

The InsurTech Startup 2023 Competition was created to spotlight InsurTech startups with the potential to change the industry. We have gathered together the top investors, insurance carriers, and service providers to provide prizes and participate in judging. Here’s how you benefit:

  • Showcase your startup in front of 10+ early-stage investors and insurance leaders focused on InsurTech.
  • Jump Start your business development with exposure to carrier and broker buyers.
  • Chance to present to 400+ insurance influencers and have a virtual booth at the InsurTech March Conference
  • Win prizes

Prize

We have meticulously put together a set of over $200,000 in prizes, which will be distributed across 3 winners.

These prizes are a combination of products and services that growing InsurTechs need.

Prize Partners

We are continuously updating our prize providers and they are subject to change.
Here is the list of prize providers from the 2022 Competition.  (2023 Providers will be updated soon)

precision (1)

Precision Research Group

Freshworks

Freshworks

1549338100289 (1)

Prince Communications

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Insurance Evolution Partners

Horton International

Horton International

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ROI Consulting Services

ICON+MS+Marketing+Services+LLC+logo

MS Marketing Services

locke Lord

Locke Lord

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Finesse Consulting LLC

1519913005072 (1)

Success Performance Solutions

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MIC Global

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Ernst & Young

Lewis & Ellis

Lewis & Ellis

Insurance Insider

Insurance Insider

Untitled design (25)

KiwiTech

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Mongo DB

Terms & Conditions

For terms & conditions for startups participating in the competition, please ​click here to see details.

Winners of InsurTech NY’s 2022 Competition!

121 InsurTechs applied from more than 20 countries and our carrier / broker judges and angel investor judges deliberated and selected two champions:

Carrier and Broker Choice: Healthee (Presented by Guy Benjamin)

Angel Investor Choice: OneClickEstimate (Presented by Garrett Kurtt)

Judges

Vikas Singhal

Vikas Singhal

Partner, Hudson Structured

Gopi_Rangan_Sure_VC

Gopi Rangan

General Partner, Sure Ventures

Ashley Paston

Ashley Paston

Bain Capital Ventures

Bill_Goddard_NY_Angels

Bill Goddard

Angel Investor, NY Angels

Doug Roth

Doug Roth

Managing Director, CT Innovation

Erick_Pereda_PLG_VC

Erick Pereda

Partner, PLG VC

Tim Del Bello

Tim Del Bello

Director at NYL Ventures

Adam Blumencranz

Adam Blumencranz

VP, NFP Ventures

Prize Partners

Fusion PR

Fusion Public Relations

Stanton

Stanton Elevate Communications

EY

EY

Success Performance Solutions

Success Performance Solutions

ch & O

CH&Co

aws

AWS Activate

Microsoft For Startups

Microsoft For Startups

locke Lord

Locke Lord

Winners of InsurTech NY’s 2021 Competition!

Over 120 eligible startups applied to the competition. The judges selected the four winners from the top 13 finalists that presented at  InsurTech Spring Conference on March 10, 2021.

Carrier/Broker Prize: Tide Foundation
VC Investor Prize: Loadsure
Angel Investor Prize: Delos Insurance
Bermuda BDA Prize: RemitRix

Judges

Matt_Jones_Anthemis_VC

Matt Jones

Managing Director, Anthemis

Gopi_Rangan_Sure_VC

Gopi Rangan

General Partner, Sure Ventures

Brent_Hammer_Grange

Brent Hammer

Innovation Officer, Grange Insurance

InsurTechNY Mentor 2022

Bill Goddard

Angel Investor, NY Angels

Bob_Sargent_Park_City_Angels

Bob Sargent

Angel Investor, Park City Angels

Erick_Pereda_PLG_VC

Erick Pereda

Partner, PLG VC

Amelia Gandara

Amelia Gandara

Nationwide Ventures

Brian Oreilly

Brian O’reilly

Sr. Principal, Greenlight Re

Untitled design (8)

Chisom Uche

Sr. Associate, SixThirty Global

Laviva

Laviva Mazhar

Investment Associate, Luge Capital

landsberger

Michael Landsberger

Angel Investor, Pumpkin

Untitled design (9)

Susan Pateras

Director, Bermuda BDA

Untitled design (10)

Jonathan Crystal

Angel Investor

Untitled design (11)

Stephen Siegal

Angel Investor

Untitled design (12)

Muneeb Ahmed

Associate, Impression Ventures

Untitled design (13)

Patrick Klas

Investor at MGV

Untitled design (16)

Mark Hong

Managing Director, Transverse

Untitled design (14)

Heather Gostomski

Director Investments & Corp. Dev., CNO

Untitled design (15)

Steve Rhee

CDO, Arthur J. Gallagher & Co

TedOhkuma

Ted Ohkuma

Digital Innovation Lead, Tokio Marine

Untitled design (17)

Elliot Vernon

Analyst, Greenlight Re

Untitled design (18)

Steve McGovern

EOS Venture Partners

Untitled design (19)

Maria Beaulieu

AVP, Ecosystems &Partnerships at SCOR

Untitled design (20)

Chris Campana

Associate, Avanta Ventures

lucas

Lucas Timberlake

Partner, Fintech Ventures Fund

alex

Alex Fair

Managing Partner, MedStart Ventures

Prize Partners

precision

Autotelic Group

cooley

Cooley

1549338100289 (1)

Prince Communications

1575666708942

Insurance Evolution Partners

EY

EY

Evolvor

Evolvor

ICON+MS+Marketing+Services+LLC+logo

MS Marketing Services

locke Lord

Locke Lord

1572246991196

Virtual Force

1519913005072 (1)

Success Performance Solutions

Microsoft For Startups

Microsoft For Startups

precision (1)

Precision Research Group

Untitled design (24)

ClarionDoor

Untitled design (23)

Bermuda Development Agency

Untitled design (25)

KiwiTech

Freshworks

Freshworks

Winners of InsurTech NY’s 2020 Competition!

Early Stage:

1st Place

2nd Place

3rd Place

Growth Stage:

1st Place

2nd Place

3rd Place

Judges

Vikas Singhal

Vikas Singhal

Partner, Hudson Structured

Gopi_Rangan_Sure_VC

Gopi Rangan

General Partner, Sure Ventures

Ashley Paston

Ashley Paston

Bain Capital Ventures

InsurTechNY Mentor 2022

Bill Goddard

Angel Investor, NY Angels

Doug Roth

Doug Roth

Managing Director, CT Innovation

Erick_Pereda_PLG_VC

Erick Pereda

Partner, PLG VC

Tim Del Bello

Tim Del Bello

Director at NYL Ventures

Adam Blumencranz

Adam Blumencranz

VP, NFP Ventures

Prize Partners

Fusion PR

Fusion Public Relations

Stanton

Stanton Elevate Communications

EY

EY

1519913005072 (1)

Success Performance Solutions

ch & O

CH&Co

aws

AWS Activate

Microsoft For Startups

Microsoft For Startups

locke Lord

Locke Lord