BrokerTech Ventures announces five new investor partners

BrokerTech Ventures has announced the addition of five new investor partners to the accelerator—Heffernan Insurance Brokers, Inc., The Horton Group, Inc., IMA Financial Group, MJ Insurance, and Woodruff Sawyer.

BrokerTech also announced the appointment of a new Chief Operating Officer, Susan Hatten, who previously served as the BTV interim executive director during the formation of the accelerator.

“The addition of these five agencies adds more than $750 million to our existing distribution platform, equating to more than $2.1 billion among all 14 of our investor partners,” said Dan Keough, Holmes Murphy CEO. “These new investor partners view innovation through the same lens as we do at BrokerTech Ventures, and as our leadership team continues to solidify with Susan Hatten stepping in full-time as COO, this is the perfect time to bring in new partners and sponsors. We could not be more excited to have Susan’s vision and energies directing our business operations at this important point in our growth timeline.”

The newly-announced investor partners and sponsors join the current owners—Holmes Murphy, M3 Insurance, PayneWest Insurance, ABD Insurance & Financial Services, Conner Strong & Buckelew, Assurance, Graham Company, InterWest Insurance Services, and Hylant Insurance.

“From a whiteboard concept in May 2019 to our brand launch at InsureTech Connect in September of last year, it has been an absolutely incredible and fast-paced adventure in building BrokerTech Ventures alongside Dan Keough, Mike Victorson, Ellen Willadsen, and all of our owners and partners,” said Hatten. “I am honored and impassioned by the opportunity to continue to create value for BrokerTech Ventures and our stakeholders.”

Previous coverage

BrokerTech Ventures announces 12 startups for 2020 cohort -Feb. 26, 2020