Over 200 startups applied to compete in a two-track competition, pitting early and growth-stage companies against each other, for over $300,000 in prizes. Contestants are vying to be the most investable and the best carrier and broker partners respectively.
The selection process employed 24 judges from across the insurance value chain representing companies including NY Life Ventures, CT Innovation, Anthemis, Guardian Life Ventures, Plug and Play, Greenlight Re, and IA Capital.
“Our team was impressed by the startups in the competition this year,” said Adam Blumencranz, Vice President at NFP Ventures. “They rival the top startups we find in our scouting process.”
“Insurtech is one of the most robust and diverse areas of investment in today’s business climate, and this competition is a great way to meet exciting companies, make a difference in their success, and help advance the industry,” said David Gritz, Co-founder of InsurTech NY.
The finalists represent an assortment of ventures across the globe spanning technologies from artificial intelligence to cloud, big data, and no-code in life, health, and property/casualty industries:
Early-stage: JAUNTIN, Sigo Insurance, Micruity, Atidot, Agilius, WOOP!, Protosure, AdaptReady, SAIVE, and Kiwi Insure
Growth-stage: Zelros, WeatherCheck, Planckdata, DeadHappy, Pharm3r, Matterport Insurance, INSHUR, Wenalyze, EasySend, and Quick Insured
The finalists will present on March 19th at the InsurTech NY Spring 2020 Conference (insurtechny-mar19.eventbrite.com). Judges will select the winners for the early-stage and the growth-stage tracks.
InsurTech NY supports the insurance innovation community in the New York metro area. Founded in 2019, InsurTech NY brings together carriers, brokers, investors, and InsurTech startups via bi-monthly programs. InsurTech NY’s mission is to drive talent to insurance, make regulation innovation-friendly, attract InsurTechs to the New York metro area, and improve access to investment. Learn more at www.insurtechny.com or follow us on LinkedIn (linkedin.com/company/insurtechny).
Contact: David Gritz