What’s more common in America than Heart Disease?
Non-Compete Agreements
Per the FTC, nearly 1 in 5 workers is bound to a non-compete.
Non-competes tend to keep employees tethered to employers as the alternative is finding a job in another sector. Historically, a few states held that this employer power was against public policy. For example, California has enforced a ban on non-competes since 1872 based on judicial interpretations of CA Code Section 16600.
So if you are an employer, now would be a great time to review your employment and contractor agreements and make some updates. Keep in mind the FTC ruling exempts executives earning more than $151,000. Read the FTC press release here.
On the subject of competition, if you missed it, InsurTech NY announced the winners of our annual Global InsurTech Competition:
Samos Insurance : Carrier/Broker Winner
Qumis : Investor Winner
Upcoming InsurTech Community Events and Programs
The Sound of Underwriting
Jun 4 | Flatiron District, NYC
– Learn how underwriters think about entertainment + listen to an InsurTech musician
InsurTech Rapids
Jun 10-11 | 1 Content day + 1 Networking Day | Jackson, Wyoming
– Founder and investor event limited to 20 people. Build deep lasting relationships.
InsurTech Spring Conference (Pre-Registration Open)
Apr 2-3, 2025 | 2 Days | New York
– 1000+ influencers, 100+ speakers, 10 startup presentations, + expo hall
Series A, B, C: Marketing KPIs to convince a VC you’re ready to raise
Jun 6 | Online Event
– Online event on marketing KPIs. Fine tune your pitch and be ready for that next capital raise
InsureTerms by Locke Lord
Our partners over at Locke Lord LLP will be helping to inform the community, by creating a glossary of terms used in the Insurance industry.
SAP – Insurance statutory accounting principles for insurance companies which are codified… read more
InsurTech NY Sponsors
Thank you to sponsors of our recent InsurTech Spring Conference.
If you are interested in sponsoring our events? Make a request here
InsurTech East Coast Deals, Partner Events, and Open Roles
Discover a curated mix of InsurTech financings, exits, partnerships, opportunities, and partner events on the East Coast.
InsurTech News and Deals
- NovaData Solutions Inc. ($2M, Activate Venture Partners): AI-powered restoration invoice analysis platform
- Sertis (MGA) ($3.2M, JLL Spark): MGA using a fully digital property management platform
- CrashBay ($1.25M, Markd): Digital marketplace for car repair, connects insurers to owners and shops
Partner Events and Programs
- Insurtech Insights (June 5-6) – subscribers can save 30% with code INSURTECHNY24
- RevTech Labs – Fintech + Insurtech Generations (Jun 12-13)
- Scout InsurTech (Jun 17)
- On Ramp Insurance (Jun 18-19)
- NY DFS Exchange (Jun 30)
See more information about our partner events here: https://www.insurtechny.com/upcoming-insurtech-conferences/
Jobs In Carrier/Broker Innovation and Venture Teams
Anansi – Strategic Account Manager
Tokio Marine Group – Manager, Vulnerability Management and Testing- Remote
Gallagher – Client Service Positions
Lockton – Personal Risk (High Net-Worth) Sales Executive
See more information and apply via our blog: https://www.insurtechny.com/jobs
Best,
David and Tony,
InsurTech NY Team