Global Insurance Accelerator (GIA) News

Global Insurance Accelerator Boosts Its Funding for Insurtech Startups

The Iowa-based Global Insurance Accelerator will nearly double its seed funding for insurtechs accepted into the program in 2020. Nicole Gunderson, managing director for the GIA, said the increase is a way for the GIA, which held its first class …

Iowa’s Global Insurance Accelerator to Host 17 Firms for InsurTech Week 2019

The Global Insurance Accelerator (GIA), a Des Moines, Iowa-based InsurTech accelerator focused on innovation for the insurance industry, says 17 companies will participate in its fifth annual InsurTech Week, being held Oct. 14-18. Designed to amplify the industry outreach and …

FMH Insurance Collaborates With Start-Up FindBob to Offer Agents Perpetuation Tool

Farmers Mutual Hail Insurance Co. of Iowa (FMH) has a new web-based tool designed to help FMH insurance agencies identify growth opportunities. The new tool, called FMH Bridge, was developed in collaboration with FindBob, a tech start-up company focused on …

Cook Named Next Managing Director of Iowa’s Global Insurance Accelerator

The Global Insurance Accelerator (GIA), headquartered in Des Moines, Iowa, has appointed Nicole Cook as the group’s managing director effective May 1. She joined the GIA full time on Feb. 11. During the GIA’s 2019 cohort, Cook will work alongside …

Insurtech Accelerator Seeks New Director as Hemesath Transitions

The Global Insurance Accelerator (GIA) has begun a search for a new managing director. Brian Hemesath, the current managing director who has taken GIA from concept to a leadership role in insurtech, will become alumni advocate and entrepreneur-in-residence, working in …

Minnesota’s SFM Mutual Insurance Joins Board of Global Insurance Accelerator

The Des Moines, Iowa-based Global Insurance Accelerator (GIA) announced that SFM Mutual Insurance Company (SFM), a workers’ compensation specialty provider headquartered in Bloomington, Minnesota, will join the GIA board of directors as part of support for the company’s recent annual …

W. R. Berkley Corp. to Invest in Iowa’s Global Insurance Accelerator, Join Board

The Global Insurance Accelerator (GIA), based in Des Moines, Iowa, announced that W. R. Berkley Corp. (W. R. Berkley), will join the GIA board of directors through a commitment to be an investor. Founded in 1967 and based in Greenwich, …

State Auto Labs Launches $25 Million Innovation Venture Fund

State Auto Labs Corp., the innovation arm of Columbus, Ohio-based State Automobile Mutual Insurance Co., has launched a $25 million corporate venture fund to support entrepreneurs and innovations in the insurance industry. State Auto Labs said it is collaborating with …

Mentor-Driven Global Insurance Accelerator Is Enjoying its Own Growth-Spurt

A three-year-old Des Moines, Iowa-based business startup accelerator focused solely on the global insurance industry has developed into a streamlined organization with more applicants, more investors and more mentors than in past years, its managing director says. “We’ve matured as …

New Venture Capital Firm Looking for Insurtech Startups

The insurance industry has a new venture capital firm looking to make early to growth-stage investments in innovative insurance technologies. David Miles, a 30-year insurance investment veteran and owner of the insurance carrier asset management firm Miles Capital, and Matt …