American Enterprise Group, Inc. (AEG) is releasing a new application processing platform for life and health policies in partnership with MRS, a global insurance automation firm. The new platform will allow straight-through processing and instant decisioning for real-time policy issuance. The partnership with MRS resulted from a previous connection between…
BrokerTech Ventures announced the addition of carrier Zurich North America to the BrokerTech platform and accelerator program this week. The addition of Zurich North America now brings BTV to 24 insurance brands nationally. BTV recently announced partnerships with InsurTech Israel and Ayalon Insurance Company to launch the Israeli InsurTech Accelerator…
Nationwide is expanding its venture capital investment fund to $350 million directed toward high-growth potential insurtech and fintech startups, the company announced last week. The funding will be directed into high-growth potential insurance and financial service startups that advance Nationwide’s strategy in digital infrastructure, home solutions, retirement products, small and…
The Global Insurance Accelerator announced seven insurtech startups joining the accelerator’s 2021 cohort. Based in Des Moines, the GIA will open this year’s 100-day program virtually on Jan. 19, the accelerator announced on Wednesday. “The startups selected as part of our 2021 cohort have solutions for all lines of business which,…
BrokerTech Ventures announced four new company partnerships for the broker-centric accelerator program Tuesday, including one West Des Moines-based company. Merchants Bonding Co. joins 12 other regional brokerage partners in the U.S. who participate in the BrokerTech Ventures Accelerator to support mentoring, distribution, access to capital and brand exposure to brokerage-centric…
BrokerTech Ventures is launching the first step in international expansion with a partnership between the BrokerTech Ventures U.S. Accelerator and the newly formed Israeli InsurTech Accelerator, based in Tel Aviv. The accelerator will use BrokerTech Venture’s accelerator program to help local Israeli insurtech supporters build its own regional accelerator, while developing…
Applications are open to broker-focused startups for the Des Moines-based BrokerTech Ventures Accelerator’s 2021 program, the accelerator announced Oct. 29. The accelerator offers more than $500,000 in seed funding, up to $50,000 each to accepted startups. Submission deadlines for BrokerTech Ventures Accelerator is Nov. 30; selected startups will be notified…
Des Moines fintech startup Denim is now Denim Social after merging with St. Louis-based fintech Gremlin Social, which offers a social media content creation and management platform for financial service firms. As Denim Social, the company is combining Gremlin Social’s media content creation and Denim’s advertising and marketing automation platform to target…
The Global Insurance Accelerator’s sixth cohort will welcome eight insurtech companies to Des Moines for the 100-day term beginning Jan. 14, the accelerator announced this week. The cohort features Caregiven (Oregon), Denscore (Michigan), Gerald Tech (New York), InsureVite (Singapore), Kiwi (New York), Summary Medical (Wisconsin), TCARE (Missouri) and UDoTest (Massachusetts)….
Registration is open for the 2020 Global Insurance Symposium scheduled for April 21-23 in Des Moines, organizers announced. The annual symposium provides a venue for the insurance industry to address issues affecting the marketplace, with a focus on technology, policy and innovation. Registration is available online.