BrokerTech Ventures

BrokerTech Ventures Accelerator opens 2023 cohort applications

The BrokerTech Ventures Accelerator has opened applications for its 2023 program. According to the 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. More than $500,000 in funding is at stake for the early-stage insurtech startups, with each company receiving up to $50,000. “Our broker, carrier, and wholesaler partners

BrokerTech Ventures, InsureTech Connect collaborate for second year

BrokerTech Ventures announced Wednesday a second year of a strategic partnership with InsureTech Connect, the world’s largest insurtech conference. During the 2022 InsureTech Connect conference this fall, BTV will again host the BrokerTech Connect insurtech series focused on the insurance broker community. This year’s series will include broker-centric thought leaders, industry expertise, entertainment, and a BTV demo day featuring the insurtech companies that are a part of the 2020, 2021 and

Meet Safari and founder Jelani Fenton

The startup has moved from one Des Moines-based accelerator to another Right after wrapping up the Global Insurance Accelerator’s 100-day program, Safari, a recruitment and training startup targeting the insurance workforce, is now taking part in BrokerTech Venture’s third accelerator cohort that launched in April. The company started in New York, where founder Jelani Fenton started his insurance career in the leadership development program at insurance brokerage firm Marsh and McLennan. He

BrokerTech Ventures announces third cohort, reflects on first two years

The idea for BrokerTech Ventures developed in 2019 when Holmes Murphy set out for a new team to garner a better understanding of insurtech innovation, but they soon found that the task needed more power and capacity behind it. “What we realized was we were only as broad and as deep as those several individuals at Holmes Murphy had time to do in their non-day jobs,” Susan Hatten, chief operating

Talage announces $9M funding to grow in commercial insurance space

Talage Inc., a provider of digital distribution software products for commercial insurance, has announced $9 million in new venture funding. The round was led by Merus Capital, with participation by Calibrate Ventures, Hallador Financial, Advantage Capital and Reno Seed Fund. The Reno, Nev.-based company said it will use the funding to broaden its reach and increase brand awareness in the commercial insurance industry. Talage’s digital distribution platform automates traditionally manual processes,

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BrokerTech Ventures connects with Israeli accelerator during DSM visit

BrokerTech Ventures took a significant step last week toward its goal of building a connecting bridge between Israeli- and U.S.-based insurtech founders and insurance brokers. The Des Moines-based insurtech accelerator hosted a delegation representing the Israel InsurTech Accelerator, which was launched last year in partnership with BrokerTech Ventures as the first broker-led insurance accelerator in Israel. During the visit to Des Moines, members of the Tel Aviv-based accelerator’s first cohort of

BrokerTech Ventures opens applications for accelerator’s third cohort

BrokerTech Ventures announced Monday that applications are open for its 2022 accelerator program. The Des Moines-based accelerator focuses on startups that serve the insurance industry and specifically brokers. The 2022 program will be BTV’s third accelerator since its founding in 2019. Twenty startups will be selected for the program early next year, with the five-week program starting in April. More than $500,000 in funding is at stake, with each startup receiving up

BrokerTech Ventures announces two new partnerships

BrokerTech Ventures announced on Sept. 30 the addition of its newest broker partner, UNICO Group, based in Lincoln, Neb. The new partner brings BrokerTech’s portfolio up to 15 of the most sizable and innovative brokerage firms in North America, according to a release. UNICO Group’s services include business, personal and telecommunications insurance as well as financial services. “BTV’s dedication to innovation and technology aligns with our future-focused drive and motivation. We

TrustLayer closes funding round with $15.1 million

TrustLayer, a graduate of BrokerTech Ventures’ 2020 accelerator program, announced on Aug. 18 it raised $15.1 million in a Series A funding round. The risk management platform is working to automate the insurance verification process for businesses to save time, reduce administrative costs and correct errors in the previously used manual process. Robotic process automation is used to automate verification securely. Since completing the 2020 accelerator, TrustLayer has seen growth

BrokerTech Ventures to sponsor BrokerTech Connect series at InsureTech Connect Conference in Las Vegas

BrokerTech Ventures is partnering with the industry conference InsureTech Connect to host ITC’s BrokerTech Connect, a broker-focused insurtech series hosted during InsureTech Connect’s conference on Wednesday, Oct. 6 in Las Vegas. BrokerTech Ventures and ITC previously partnered in 2020 during the Agency Connect Virtual Conference, which attracted more than 2,000 brokers, agents and brokertech attendees globally. BrokerTech Connect will feature a BrokerTech Ventures Accelerator demo day, featuring global insurtech companies