02 Feb 2020
This article was publishedin Feb 2020. For news regarding this year’s competition, click here.
Being an InsurTech is a lonely proposition. In the FinTech world, you are considered an outsider. In the legacy insurance world, you are out on the bleeding edge of new ideas. Among other InsurTechs you are often doing something very different. For example, a P&C claims platform has little in common with digital MGA in life.
Faced with the challenge of bringing the community together, we decided late last year to create a competition. Whether it is the Superbowl, the Olympics, or pickup basketball in the park, competition brings people together. From Jan 7 to Feb 7, we accepted applications for a two-track InsurTech competition and were amazed by the results. Here are some quick highlights:
– 209 Applicants
– 30 Countries Represented (Top Int’l: 9 Canada, 8 UK, 7 Israel, 5 India)
– 47 New York Applicants
– Popular Focus Areas: Digital MGA, Claims Automation, AI, & Tools for Brokers
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Watch the Finalists
Currently, judges are reviewing the applications to select the top 10 early-stage and top 10 growth-stage companies. These 20 companies will present at our Spring Conference on March 19th and will be judged by investors from 24 investment firms and CVCs. Judges will select the top three in each track at the conference.
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Learn more about UK InsurTechs
InsurTechs will be selected from across the pond to participate in our invite-only event with the UK Department for International Trade on Mar 18th. Info to request an invite below.
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Upcoming NY Area Events
Spring 2020 Conference: Transforming the Buying Experience (Save 15% for Newsletter subscribers)
Mar 19 | 8:00 AM – 6:30 PM | NYC
– Featuring 40+ speakers, 7 panels, 6 TED-style talks
– Pitch & demo competition featuring top 20 InsurTech startups
Transforming Transatlantic Insurance: Pre-Conference Seminar (Request an Invite)
Mar 18 | 5:00 PM – 8:00 PM | 50 United Nations Plaza (Midtown)
– Speakers from: Lloyds, Beazley, UK Treasury, Boost Insurance, and more…
– Audience limited to 75 seniors execs and founders in the US and UK markets
InsurTech Webinar: Digitizing Property Risk Management (Free)
Feb 18 | 2:00 PM – 2:30 PM | Online
– Speakers from Private Equity Cos. representing $1B+ in property risk
– Learn how InsurTechs are improving commercial real estate risk
InsurTech Hartford Pitch Night V
Feb 25 | 5:30 PM – 9:00 PM | 20 Church St, Hartford, CT
– Startup showcase of Hartford area InsurTechs
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Sponsors
Eversheds Sutherland, Clariondoor, EY, Two Sigma IQ, Guidewire, Locke Lord, e2Value, McCarter & English, and Rippling
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InsurTech New York Area Deals and Opportunities
A curated mix of Jan and early Feb insurance financings, exits, partnerships, and opportunities in the New York area.
Policy Genius ($100M Raised, KKR): Personal lines. Online insurance marketplace.
Boost Insurance ($14M, Coatue & Greycroft): Multi-line. Infrastructure-as-a-service platform designed for the insurance industry.
Covera health ($23.5M Raised, Insight Partners): Health lines. Platform to reduce misdiagnoses for employers and payers.
WTW InsurTech Briefing: 2019 InsurTech investment reaches an all-time high totaling $6.37 billion.
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Looking for Graphic Design Volunteer
We are looking for a volunteer than can help us with graphic design and create infographics
If you are interested, please contact us at contact@insurtechny.com.