Startups joining the Global Insurance Accelerator’s 2020 cohort will be the first cohort experiencing a newly revamped funding structure and a recently raised investment. Startups will receive an investment of $75,000 through a post-money Simple Agreement for Future Equity (SAFE), which converts to 5% of the startup. It’s an increased investment from the $40,000 the […]
Kerty Levy (standing), newly named managing director of Techstars Iowa, at Tuesday’s launch announcement with Jainen Thayer, chief investment officer for Grinnell College, and Claudia Reuter, managing director of the Stanley + Techstars Additive Manufacturing Accelerator. Photo provided Tuesday was a good day for Mike Colwell in Des Moines. It capped off quite the season […]
The Global Insurance Accelerator announced changes to the funding structure affecting startups that are accepted to the 2020 cohort, which is now accepting applications. The GIA will increase the seed investment to $75,000 in the form of a post-money Simple Agreement for Future Equity (SAFE), which converts to 5% of the company. By doubling the investment, housing […]
The Global Insurance Accelerator will host 17 startups participating in the fifth annual InsurTech Week, scheduled for Oct. 14-18. The featured startups are: Bell Analytics, MakuSafe, Aerialytic, HazardHub, Relay, Talage, Avolanta, BOUND, Breathe Life, DeepVisionAI, EasySend, InDoW Technology Co., KASKO, Optimity, Protosure, Relativity6 and UDoTest. This year’s event schedule includes a Women in Insurance Coffee and Conversations session, […]
Predictive Health Partners, with founder Jim Lewis, is the only local startup represented in the Global Insurance Accelerator’s 10-member cohort for 2019. It’s also one of only three Iowa startups that have participated among 36 since the GIA’s first cohort in 2015. Based now in West Des Moines, Lewis, a serial entrepreneur, thinks of Predictive Health […]
The Des Moines-based Global Insurance Accelerator has hired Nicole Cook as the next managing director, to take over full time after current director Brian Hemesath steps down from his role on May 1, following the conclusion of the 2019 cohort. Cook begins with the GIA today and will work along with Hemesath and program manager […]
Global Atlantic Financial Group announced a $100,000 investment in the Global Insurance Accelerator, a Des Moines-based 100 day program aiding up to ten insurtech startups in financing and industry connections. The investment joins Global Atlantic with the GIA’s 12 other existing private company investors, which support the accelerator’s mentor networks and business infrastructure assistance. GIA […]
The Global Insurance Accelerator is welcoming 10 new insurtech companies to Des Moines as part of the 2019 cohort, starting Jan. 15. This year’s GIA cohort is developing and delivering new products and business models for buying insurance, cyber risk protection, underwriting automation, advisor services, digital transformation, claims resolution, pension planning, and employee benefit management. […]
The insurance industry revolves around a core promise: to take care of consumers, no matter what the future holds. So who makes that same promise for the insurance carriers? At the 2018 InsureTech Week hosted by the Global Insurance Accelerator, 14 startups made the public pitch to resolve industry worries, with 158 international visitors to […]
The Greater Des Moines Partnership received a Silver Excellence in Economic Development Award for the Global Insurance Accelerator in the category of Multi Year Economic Development from the International Economic Development Council on Tuesday in Atlanta, Ga. The Global Insurance Accelerator is a mentor-driven business accelerator designed to foster innovation by supporting startups. Four classes […]