InsurTech Early-Stage Competition 2022

2022 Competition

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.

Apply Now (on F6s)

How to Apply and Win

Application Process

Submit your application till January 28th, 2022. Applications have now moved to F6s.

If you already started your application in Paperform, you can finish via Paperform: https://insurtechcomp2022.paperform.co/

Selection Process

There will be 2 stages of selection from January 28th to March 7th:

Finalists (February): Judges will select the top 10 startups from the competition based on submitted applications and any additional requested information.
Winners (March 7): Top 10 startups will present their pitch to an InsurTech investor judging panel. The presentations must be made at InsurTech NY Spring 2022 Conference in-person in New York city on March 7th.

Selection Criteria

Startups will be judged on their ability to exhibit the most market potential by product, market opportunity, and the team.

Judges

We are bringing together an expert lineup of early-stage investors and carrier and broker leaders. See below the list of judges.

Daniel Wypler

Partner, QBE Ventures

Stuart Winchester

CEO, Marble Pay

Bryan Falchuk

Angel Investor, Insurance Evolution Partners

Bill Goddard

Angel Investor, NY Angels

Bob Sargent

Angel Investor, Park City Angels

Erick Pereda

Partner, PLG VC

Farron Blanc

VP, Legal & General

Rathi Niyogi

Angel Investor, Detect Bee

Stacey Brown

Angel Investor, InsurTech Hartford

Somil Jain

Angel Investor, Lewis and Ellis

David Marock

Angel Investor, Fresnaye Blu

Roi Hansraj

Angel Investor, ROI Consulting

Mark Hong

Managing Director, Transverse Insurance Group

Pooja Shah

Associate, Avanta Ventures

Ryan Leeper

Associate, Nationwide Ventures

Claude Yoder

Lockton Re

Priyank Pandey

Sompo International

Heather Gostomski

Director Investments & Corp. Dev., CNO

Alicia Sandlin

Angel Investor, Trustlayer

Andrew Johnston

Head of InsurTech, Gallagher Re

Jacob Decter

AmTrust

Dave Delaney

Angel Investor, Candid Insurance Investors

Eric Madoff

Angel Investor

Ted Ohkuma

Head of Innovation Lab NY, Tokio Marine Holdings

Josh Curry

VP Strategy, SiriusPoint

Tarun Chopra

CEO, Clements

Michelle Bothe

Angel Investor, Finsure.US

Eligibility Criteria

Startups that meets the following requirements can apply:

Revenue Requirement: The startup had less than $250,000 USD in annual revenue in 2021.
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 2022 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. (See Prize Awarded By section for details on the actual Prize).

- InsurTech NY Prize: $50,000 in Prize Value + Potential $50k investment from InsurTech Fund
- Carrier/Broker Prize: $50,000 in Prize Value
- Angel Investor Prize: $50,000 in Prize Value