BrokerTech Ventures (BTV) has announced the 12 insurtech startups that will take part in the 2022 cohort.
“As we kick off the third year of our BTV Accelerator, I am thrilled with the diversity of technologies we were presented and will move through the accelerator, as well as the amount of international interest and presence we now have in the program — from Canada to Israel,” said Dan Keough, Holmes Murphy chairman and CEO and BTV co-founder. “We truly have some of the highest-caliber, early-stage and growth insurtech companies on our roster, and they touch nearly every angle of insurance risk management — from P&C commercial to cyber to health/benefits-tech solutions.”
Here are the startups accepted into this year’s cohort:
- Ferro, (Omaha, NE)
- Foresight Insurance Analytics (Toronto, ON)
- Healthee (New York, NY)
- InsCyt LLC dba RiskAnalytics (Overland Park, KS)
- InsuranceGIG (New York, NY)
- Mod Advisor, Inc. (Denison, IA)
- NeuralMetrics, Inc. (Denver, CO)
- Psyber Solutions LTD (Tel Aviv, Israel)
- Relay Platform (Toronto, ON)
- Safari (New York, NY)
- Wallit, Inc. (Westbrook, ME)
- Xilo (San Diego, CA)
The accelerator cohort kicked off this week in Des Moines and will run until May 6. The first week of the accelerator—called ‘BTV Mania‘— will take place in-person in Des Moines. The rest of the accelerator will take place remotely.
“I cannot wait for this accelerator class to start. The level of partner engagement was amazing during our Selection Series, and I anticipate it getting even better moving forward,” said John Jackovin, executive director of the BTV Accelerator. “Additionally, being able to meet in person for our first-ever ‘BTV Mania’ this week is extremely exciting, and I believe will drive better, deeper, and longer lasting relationships between our partners and startups.”
During the program, the startups will advance their technologies, accelerate their progress through a select mentor network, receive $50,000 in seed funding, and gain access to BTV’s distribution platform to deploy the technologies.
“While the accelerator runs for just 5 weeks, it fosters a culture of innovation and entrepreneurship within the broker-centric insurtech space with continued support beyond accelerator graduation,” said Keough. “The true value in our BTV Accelerator and business model is in the engagement with our trifecta ecosystem of BTV agencies, insurance companies, and capital resources. Many of the startups who go through the accelerator have an engagement with our partners that lasts well beyond the accelerator as we work to deploy their technologies to collectively help our clients and the insurance industry identify risks sooner to drive down costs faster.”