The Global Insurance Accelerator has announced Dan Israel will be its next managing director. Israel’s most recent role was as director – enterprise strategy and innovation at Principal Financial Group, which is an investor in the GIA.

“I’ve been able to see firsthand the positive impact the GIA has both on the cohort firms, which it helps to grow and expand, as well as the benefit to the corporate strategic partners,” Israel said. “The GIA fills a niche role in the insurtech market that allows it to bring together both innovative founders and strategic corporate partners to enhance both groups’ opportunities for growth.”

He has also held financial roles at Rolls Royce North America, Target Corp. and Principal Global Investors. Israel started at the GIA on May 31, working with current managing director Nicole Gunderson through the summer to transition into the role and prepare for the fall selection of the 2023 cohort.

Editor’s note: This item has been updated to correct a statement about Principal Financial Group’s status as an investor of the Global Insurance Accelerator.