Iowa’s BrokerTech Ventures Gains 4 New Carrier, Wholesale Partners

BrokerTech Ventures, an insurance broker-led platform and accelerator program based in Des Moines, Iowa, has added four super-regional and national insurance firms as partners:

• The Cincinnati Insurance Companies, Fairfield, Ohio
• RT Specialty LLC, Chicago, Ill.
• Amerisure Mutual Insurance Co., Farmington Hills, Mich.
• AmWINS Group Inc., Charlotte, N.C.

BrokerTech Ventures in May added Travelers as a carrier partner, as well.

BrokerTech Ventures’ insurance company partners will be featured during the InsureTech Connect, Agency Connect:Virtual on July 16, on The Innovation Curve panel, which BrokerTech Ventures is sponsoring.

BrokerTech Ventures is made up of 13 super-regional, privately held, insurance brokerage firms spanning from Silicon Valley to New Jersey, representing nearly $30 billion in collective annual premiums and more than $2.1 billion in annual distribution. BrokerTech Ventures plans to add additional brokers and stakeholders to the platform moving into 2021.

The BrokerTech Ventures Accelerator has moved into Phase II of the Summer Series, where 12 insurtech startups continue strategic alignment with the agencies for board meetings, additional mentoring, distribution, capital, and brand exposure opportunities. There are currently more than 30 PoCs and pilots circulating through the Accelerator platform.

Applications for the BrokerTech Ventures 2021 Accelerator cohort will open in the fall of 2020.

Source: BrokerTech Ventures

Topics Mergers & Acquisitions Carriers Agencies