The Technology Association of Iowa has announced the first cohort that will participate in Iowa Tech Connect, a new program in partnership with John Deere and EMC Insurance Cos. designed to help develop early-career technology professionals in Iowa. TAI selected 25 candidates for the interactive, six-month program that will focus…
BrokerTech Ventures announced Tuesday it has partnered with Des Moines-based venture capital investor ManchesterStory to launch the BrokerTech Fund LP. According to a news release, it is the first venture capital fund focused on early-stage insurtech companies developing technology solutions for brokers. Limited partners of the $34 million fund include Holmes…
By Lisa Rossi Insurance companies continue to face a changing world, including a retiring workforce, global upheavals and issues of inflation and interest rates. At the April 20 CEO panel and InsurTech Founder panel at the Global Insurance Symposium, we heard strategies for facing these changes. Speakers included:CEO panelAnant Bhalla,…
Johnston-based fintech Growers Edge announced last week a strategic relationship with Munich Re in Germany, a provider of reinsurance, primary insurance and insurance-related risk management. According to a news release, the relationship between the two companies will bring together Growers Edge’s data and analytics and Munich Re’s experience in reinsurance…
BrokerTech Ventures announced Wednesday the insurtech startups selected for its fourth accelerator cohort. “In this, our fourth year of the BTV Accelerator, I am thrilled with the diversity of technologies that will move through the accelerator, as well as the diversity in geographies represented,” Dan Keough, Holmes Murphy chairman and CEO and BTV…
Establishing multiple banking relationships most likely effect for Iowa startups Leaders in Iowa’s startup community say the failures of Silicon Valley Bank and Signature Bank over the weekend were isolated incidents, but they are likely to affect how Iowa startups and investors approach and evaluate banking relationships. Next Level Ventures,…
Waukee-based payment processor VizyPay announced Tuesday the creation of a new advisory board, made up of leaders from within and outside the payments industry. According to a news release, the board’s purpose is to leverage those leaders’ experiences and knowledge to advise VizyPay on its growth and mission to make a difference…
Brale, a Des Moines-based startup founded by Ben Milne, announced Wednesday it has raised $11.1 million in funding. The funding round was led by Maryland-based New Enterprise Associates with Managing General Partner Scott Sandell joining Brale’s board of directors. Additional individual participation came from Matthew Prince, co-founder and CEO of Cloudflare, and…
The Global Insurance Accelerator announced Monday that Jim Lewis has joined the accelerator’s leadership team as alumni director, a newly created role focused on building a more comprehensive alumni support model. Lewis will be responsible for providing long-term value to the GIA alumni and investors following participation in the 100-day program, creating new…
ViClarity, a Des Moines-based global provider of governance, risk and compliance technology and regulatory and compliance consulting for financial institutions, is partnering with California-based technology company WithClutch, the companies announced recently. WithClutch focuses on building fintech solutions for credit unions, according to a news release. ViClarity’s compliance experts will work…