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.

About InsurTechNY

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
235387@email4pr.com 
215-650-9400

InsurTechNY, the largest InsurTech community in the New York metro area, spanning carriers, brokers, startups, and investors, has opened the application window for the 2020 InsurTech Startup Competition (www.insurtechny.com/competition).

The competition has two tracks and will award $300,000 in prizes to the six winning teams. Startups in the early-stage track will compete for the title of the most investable startup. The growth-stage teams will compete to demonstrate the highest year over year growth potential. Top teams will get to pitch their business or demo their platform at the InsurTechNY Spring Conference on Mar 19, 2020, where judges will select the winners.

“We’re looking worldwide for the top startups that support the insurance industry to showcase their platforms,” said David Gritz, co-founder of InsurTechNY. “Our team has curated the most active investors and insurance innovation leaders to judge the competition.”

Judges for the competition will be evaluating startups for potential investment or pilot opportunities. They comprise investment organizations including New York Angels, Anthemis, and CT Innovations. The pool of judges represents the entire insurance value chain from broker to reinsurance including NFP Ventures, Transamerica, and GreenlightRe.

The deadline for submissions is February 7, 2020. Finalists to present in-person will be announced in early March 2020.

Media Contact:
David Gritz
215-650-9400
231887@email4pr.com

About InsurTechNY
InsurTechNY supports the insurance innovation community in the New York metro area. Founded in 2019, InsurTechNY brings together carriers, brokers, investors, and InsurTech startups via bi-monthly programs. InsurTechNY’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
press@insurtechny.com
215-650-9400