Recent press on Digital MGAs has soured the mood for Venture Capitalists outside of the industry. Everyone is concerned about how the public markets will impact earlier stage funding rounds and the viability of the next crop of Digital MGAs. But the full story remains unwritten.

“It is not in the stars to hold our destiny but in ourselves.”
― William Shakespeare

So we are launching two programs in July to support InsurTechs.

1. Growth Stage Accelerator Program

The InsurTech NY Accelerator is back for the 3rd cohort. Our corporate member driven accelerator is supported by nine insurance carriers eager to work with growth stage startups. The program is designed to help Seed to Series B companies find pilots and partnerships, acquire talent, and access investors.

Results speak for themselves. Over 50% of past cohort members have received follow-on funding for a total of $364 million post program, originated 400+ prospective partner meetings, and reached 4 exits – IXN, Breathe Life, Tower IQ, and Verikai.

Learn more and apply here: www.insurtechny.com/accelerator

2. Digital MGA Lab

Designed from the ground up solely to support the next generation of digital MGAs, we are launching a stage agnostic program focused on helping with actuarial model, finding insurance capacity, and accessing retail distribution.

The program is backed by 20+ fronting carriers, program administrators, and reinsurers including Accelerant, Ambac, AmTrust, Greenlight Re, Hanover Re, Markel, Munich Re, Tokio Marine, Transverse, and more…

Learn more and apply here: www.insurtechfund.com/mga-lab

Upcoming InsurTech Community Events and Programs

InsurTech Rapids: Founders and Investors Forum
July 21-22 | 2 Days | Santa Fe, NM
– Investors Attending: Allstate Ventures, Ambrosia Ventures, Blue9 Capital, NM Angels, City Different Ventures, Sun Mountain Capital, Dangerous Ventures, Munich Re Ventures, and more…

The Digital Distributor
August 25 | 5:30pm – 8:00pm | NYC
– Topics include Sales Productivity, Digital MGAs, and Embedded Insurance

InsurTech NY Growth Stage Accelerator
Apply by July 29 | Hybrid Program for Seed to Series B

MGA Lab by InsurTech Fund
Apply by July 27 | Dedicated program for Digital MGAs

Sponsored Content (By Vymo)

Insurance Industry leader perspectives hot off the press! 

InsurTech NY Sponsors

Thank you to our sponsors of our August event.

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

InsurTech East Coast Deals, Opportunities, and Partner Events

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

InsurTech News and Deals

Ledger Investing (75M, WestCap): Risk Capital: Broker matching traditional and reinsurance risk securitizations with institutional investors.

Openly (75M, Advance Venture Partners): P&C: Algorithm-based distribution platform streamlining underwriting for premium homeowners coverage.

Pawlicy Advisor (12M, StepStone Group): Pet Coverage: Brokerage using a breed-specific data to quote costs and coverage for pets.

Partner Events and Programs

The Digital Insurer – World’s Digital Insurance Awards (Due Sept 1): Now accepting applications from Americas for Insurtech Innovation.

ITC Vegas (Sept 20-22): Use 200ITC787 for 200-off

Reuters Connected Claims (Nov 2-4): Nov 2-4 in Chicago

See more information and register via our website: https://www.insurtechny.com/upcoming-insurtech-conferences/ 

Jobs at carrier/broker innovation and venture teams

CSAA Insurance Group – Sr. Associate – Venture Capital

Equal Ventures – InsurTech/FinTech Associate

Global Insurance Accelerator – Program Manager

Starr Insurance Companies – Management Consulting Associate

Voom Insurance – Head of Sales & Customer Success

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