BrokerTech Ventures Selects 12 Startups for 2021 Accelerator

Startups from across the U.S. and the Netherlands gain access to intentional engagement and distribution offerings through BTV’s 24 agency and insurance company partners.

(Image credit: Shutterstock.)

BrokerTech Ventures (BTV, Des Moines, Iowa), the insurance industry’s first broker-led convening platform and accelerator program, has selected the following 12 InsurTech startups to take part in its annual accelerator curriculum.

Aclaimant, Chicago

altumAI, Chicago

Dan Keough, Chairman and CEO, Holmes Murphy.

Aureus Analytics, Hartford

Fenris, Richmond, Va.

HealthLucid, Fremont, Calif.

Layr, Atlanta, Ga.

Malum Terminus Technologies, Incorporated, Coralville, Iowa

Propeller, Inc., Houston

Relativity 6, Cambridge, Mass.

RxLive, Inc., St. Petersburg, Fla.

Socialeads, Milwaukee, Wisc.

Surfly, Amsterdam, Netherlands

“As we embark upon the second year of our BTV Accelerator, we were thrilled to receive nearly double the applicants with a greater range in diversity, broader spread between P&C commercial and health/benefits-tech solutions, and some of the highest-caliber early-stage and growth InsurTech companies,” comments Dan Keough, Holmes Murphy chairman and CEO and BTV co-founder.

The accelerator cohort stage begins March 1 in a virtual format for the 5-week curriculum, according to BTV. During this time, the startups will advance their technologies, accelerate their progress through a select mentor network, receive $50,000 in seed funding, and gain immediate access to BTV’s multi-billion-dollar distribution platform to deploy the technologies.

John Jackovin, Executive Director, BTV Accelerator.

“I am sincerely impressed at the quality of startups we have in this class,” comments John Jackovin, executive director of the BTV Accelerator. “I worried after last year’s success that maybe the well would run dry, but these startups show that InsurTech is a fruitful space to be and BTV is here to help drive these amazing startups to success, faster.”

Collectively, BTV represents 13 of the largest independently owned insurance agencies and 11 of the largest insurance companies in North America, with a combined multi-billion dollars in annual distribution capacity.

“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,” adds Keough. “We believe this is the differentiated value-offering to our BTV Accelerator companies, as we work in collaboration to elevate innovation for the broader insurance industry.”

In addition to activities in the United States, BTV recently announced its engagement with InsurTech Israel and Ayalon Insurance Company to partner in deploying The Israeli Insurtech Accelerator, headquartered in Tel Aviv, Israel. Additional international accelerator engagements in Latin America and Europe are under review for deployment in 2021.

BrokerTech Ventures Expands Internationally through Israeli InsurTech Accelerator Partnership

BrokerTech Ventures Selects 12 Startups for 2020 Accelerator

Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at [email protected] or (503) 936-2803.

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