InsurTech NY – The #1 Resource for the InsurTech Community in the New York Area InsurTech NY – The #1 Resource for the InsurTech Community in the New York Area
  • Events
  • Accelerator
  • MGA Lab
  • Competition
  • Sponsor
  • Carrier/Broker
  • Fund
  • About
    • Media Mentions
    • News
    • Index
    • Contact
InsurTech competition 12 Jan 2023
By: Eliza Victorio
Comments: No Comments

InsurTech NY will Award Startups $200,000 in Prizes during InsurTech competition

NEW YORK,, Jan. 12, 2023 /PRNewswire/ — InsurTech NY has started accepting applications for its Global Startup Competition for early-stage InsurTechs.

The competition features a prize pool of $200,000 that will be selected by three judging groups – InsurTech Fund, carriers and brokers, and InsurTech investors. Startups will be judged based on their expression of the most commercial potential in the application. The top ten teams will present live at the InsurTech Spring Conference held on March 29 – 30 in NYC to the entire conference audience. InsurTech Competition Prizes

The 2022 InsurTech competition finalists presented to an audience of more than 600InsurTech competition process people at the NY Marriott Marquis. “The Global InsurTech Competition allowed us to raise awareness about the challenges in the market for roofing repairs post claim and our solution for the industry,” said Garrett Kurtt, CEO of OneClick Data and winner of the 2022 competition.

The judging pools are comprised of insurance carriers/brokers, venture capitalists, and angel investors. Judges will score each company based on their investment and market potential. The judges represent organizations including Avanta Ventures, Candid Insurance Investors, Founders Shield, Gallagher, Lockton, Park City Angels, QBE Ventures, Starr Insurance, TIAA, and Tokio Marine.

“Every InsurTech needs exposure and investment to grow,” said David Gritz, Managing Director of InsurTech NY.  “Past competition winners have attracted more than $45 million in funding post-competition and had exposure to hundreds of insurance carriers and brokers.”

Contestants are eligible for the InsurTech competition if they ended 2022 with less than $250,000 in revenue. The top ten finalists will be announced in early March and will present in person at the 2023 InsurTech Conference. The deadline for submissions is February 10, 2023.

Subscribe to receive the InsurTech NY Newsletter monthly

Categories

  • Jobs
  • News
  • Newsletter
  • Press Release
  • Thought Leadership
  • Uncategorized

Recent Posts

  • Open roles in carrier/broker innovation and venture teams
  • Upcoming Insurtech and Insurance Conferences
  • InsurTech NY News: Seeding the Next Generation of MGAs + See You at ITC
  • Digital MGA Lab Cohort 2023
  • InsurTech NY News: Less Choice More Opportunity

Archives

  • November 2023
  • September 2023
  • August 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • October 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019

Join our free Newsletter

Learn about events, deals, insider information on InsurTech NY
(c) InsurTechNY | Privacy Policy

Become a Sponsor