The Global Insurance Accelerator (GIA) has announced the seven startups that will make up its 2021 cohort.
The cohort will launch on January 19 with the seven InsurTech companies virtually joining the accelerator’s annual 100-day program.
“With the 2020 experience and the continued support of our insurer investors and industry mentors, we moved forward with confidence in making the tough decision to begin the 2021 program virtually,” said Nicole Gunderson, managing director of the GIA in an announcement. “The startups selected as part of our 2021 cohort have solutions for all lines of business which, with time, dollars, and development, will help make the small commercial segment more accessible, allow insurers to launch pet insurance programs easily, transform the insurance purchasing experience, enable a faster response to catastrophic losses, and much, much more. I’m honored for the opportunity to work together. Seven startups in year seven has a nice ring to it!”
The members of the 2021 GIA cohort are:
Anodz (Miami, FL)
A B2B (SaaS) enterprise intelligence platform designed to measure, manage, and improve workforce and business performance through predictive and actionable insights.
Jayde (Austin, TX)
A solution offering comprehensive, subscription-based products for small business owners that eases the decision-making related to selecting and maintaining the right coverage.
Rainwalk (Columbia, SC)
An API-driven, turnkey platform which enables property and casualty (P&C) insurers to white-label and offer pet insurance coverage to further monetize existing customers and maintain a consistent customer experience.
Reeske (Boston, MA)
A digital life insurance shopping platform which is transforming the insurance purchasing experience and helping redefine the customer relationship with insurance.
Sola (Atlanta, GA)
A data-driven supplemental insurance plan which covers immediate out-of-pocket expenses for homeowners following losses from natural disasters, such as tornadoes.
Solar Insure (Costa Mesa, CA)
A provider of extended warranty and protection plans for homeowners who install residential solar energy systems in order to protect and accelerate consumer investment in the solar industry and the world’s transition to renewable energy solutions.
Vaartani (Madrid, Spain)
An artificial intelligence (AI) risk management solution which enables insurers to distribute, underwrite, and manage exposures unique to e-commerce sellers on marketplaces, such as Amazon and Shopify.
The selected companies will participate in virtual 1:1 meetings with the GIA’s mentor base of insurance professionals, sessions with InsurTech founders and GIA alums, and benefit from investor introductions. Backed by 12 prominent insurer investors, the GIA will conclude the 2021 program with final presentations as part of a “demo day,” either virtually or in-person as travel and health guidelines allow, during the Global Insurance Symposium.