BrokerTech Ventures (BTV) has opened applications for the fifth cohort of its accelerator program. The deadline to apply is Dec. 18. According to a news release, the concept of the BTV Accelerator is to be an “innovation hub” and proof of concept environment for broker-centric products and technology solutions, ultimately bringing validated solutions to the industry. The ideal candidates for the Accelerator are early-stage insurtech startups. BTV has 12 super-regional brokerage firms and 13 insurance carriers and wholesalers as partners. The initial application review will be in January, with the top 20 startups chosen to take part in the Selection Series in early March. The Selection Series will be a virtual event where BTV partners can dig deeper into the products, companies and teams. The companies selected for the cohort will begin the five-week Accelerator program in April 2024. More than $500,000 in funding is at stake for the selected broker-centric, seed and early-stage startups, with each startup receiving $50,000.
