InsurTech NY

InsurTech NY

Insurance

New York, NY 8,835 followers

InsurTechNY supports the insurance innovation community in the New York metro area and beyond.

About us

Founded in 2019, InsurTech NY brings together carriers, brokers, investors, and InsurTech startups via InsurTech NY’s mission is to help support  the insurance industry take advantage of latest digital technology to improve efficiencies and increase revenue, and be ready for the inevitable digitally transformed Insurance industry. We do this through our public events, corporate innovation program, competition, accelerator, MGA lab and the venture fund

Industry
Insurance
Company size
2-10 employees
Headquarters
New York, NY
Type
Partnership
Founded
2019

Locations

Employees at InsurTech NY

Updates

  • View organization page for InsurTech NY, graphic

    8,835 followers

    🍂 Embrace the Cozy Season with Our Upcoming Webinars ☕ As the chill sets in, why not cozy up with insightful webinars? Sip on your favorite warm beverage and join us for engaging sessions right from your home: 🚀 How to Invest in Startups Date: September 6th Focus: Gain actionable knowledge on the venture capital process and how to excel in startup investing. Discover how to find deals, perform due diligence, and achieve top decile performance like InsurTech Fund’s +25% IRR. 🌐 De-Risking the MGA Model sponsored by XN Captive Date: October 8th Focus: Explore the role of captives in the insurance ecosystem, adapt to the changing landscape, optimize programs for underwriting profit, and understand the importance of financial housekeeping. Both webinars are ideal for industry professionals looking to expand their knowledge and network from home. Don’t miss out! 🔗 Register now: [Link in the comments] #InsurTechWebinar #StartupInvesting #MGAStrategies #VentureCapital #InsuranceIndustry

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    8,835 followers

    🌟 We're Proud Media Partners of the Global Insurtech Awards! 🌐 The Global Insurtech Awards spotlight industry trailblazers with outstanding creativity and innovation, at the forefront of revolutionizing traditions. 🏆 Why Enter the Global Insurtech Awards? Celebrate Achievements: Boost team morale by recognizing your hard work. Increase Visibility: Shine a spotlight on your brand. Enhance Marketing: Create new opportunities to promote your business. Expand Network: Attract new partnerships and customers. Industry Recognition: Stand out as a top player in your field. Esteemed Judges: Be evaluated by leading figures in the industry, including our very own Tony L.! 📅 No Extra Costs: Winners announced online—no travel or accommodation needed. 🔗 Ready to be recognized? Learn more and apply today by visiting the link in the comments. Let's celebrate innovation together! #GlobalInsurtechAwards #InsuranceInnovation #InsurTech #IndustryLeaders #CelebrateSuccess

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    🔓Unlock VC Secrets with David Gritz - Free Webinar on Startup Investing! 🗓️ Date: September 6th ⏰ Time: 90-minute session 🔗 Open to: Accredited investors What to Expect: - Insider Knowledge: Join David Gritz, for an enlightening webinar designed to demystify the venture capital process. Whether you're a seasoned investor or a newcomer, you'll discover how to excel in startup investing. Deep Dive into VC Tactics: Learn the methodologies David uses to perform due diligence and secure investments that lead to top-tier performance, exemplified by InsurTech Fund's top decile performance. 🗝️ Key Takeaways: - VC Investment Process: Understand the critical steps involved in screening promising startups. - Due Diligence: Learn the key factors that help predict a startups success 👥Why Attend? - Expert Insights: Gain practical knowledge from a leading expert in the field. Network and Connect: Meet like-minded professionals and expand your industry network. - Free Access: Engage with premium content at no cost. Don't miss this opportunity to elevate your investment game. Reserve your spot now {link in the comments} #VentureCapital #StartupInvesting #Webinar #InsurTech #InvestmentOpportunity #Networking

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    8,835 followers

    🚀 Panel Recap: Innovating During Core System Updates 🛠️ During our 2024 Spring Conference, industry leaders gathered to discuss strategies and challenges of updating core systems in insurance companies. The panel featured: - James M. Benham | JBKnowledge | Co-Founder & CEO - Basil Morris | The Hanover Insurance Group | Chief Strategy Officer - Roseanne Laudisio | NIP Group, CIO - Kaenan Hertz | Ahoy! Insurance | Chief Insurance Officer 🔍 Key Insights: - Adaptation Strategies: The panelists shared effective approaches for maintaining operational agility during major system overhauls. - Tech Integration: Discussions highlighted the importance of integrating new technologies to enhance system capabilities and efficiency. - Risk Management: Insights on managing risks associated with system updates to prevent disruptions in service and operations. 📈 The conversation underscored the necessity of continuous innovation within core systems to stay competitive in the rapidly evolving insurance landscape. 🔗 Want to delve deeper into the discussion? Keep an eye on our page for future panels and updates for our 2025 Spring Conference! #InsuranceTech #SpringConference #SystemInnovation #InsurTech

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    8,835 followers

    🎙️ Exploring Financial Mechanisms: Insights from This Month - Amplified 🌍 Join David Gritz and Michael Waitze in the latest InsurTech Amplified episode as they unravel the yen carry trade and the Sahm Rule—two pivotal financial concepts reshaping global markets and the insurance sector. 📉 Yen Carry Trade: Once a profitable strategy, this approach faces potential disruption as Japan rethinks its near-zero interest rate policy. How might this affect Japanese insurers and the broader industry? 📊Sahm Rule: This forward-looking economic indicator signals recessions early by tracking unemployment trends. With U.S. unemployment rates increasing, what could this mean for the financial stability of the insurance industry? 🔗 Tune in to understand these mechanisms' complex interplay and implications for the future. [Link in comments] #FinancialMarkets #InsuranceIndustry #EconomicIndicators #GlobalEconomy #InsurTech

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    8,835 followers

    🚀 Big Moves for QuickFacts: $2M CAD Seed Funding Secured! 🌍 🎉 Exciting news from our portfolio company, QuickFacts! The Halifax-based insurtech just secured a robust $2 million CAD in seed funding to fuel its ambitious expansion into Québec and the United States. 💡 What's QuickFacts? Founded in 2020 by Jeff Barsalou and Christy Barsalou (Silvestri), QuickFacts offers a cutting-edge platform that simplifies insurance processes by aggregating and comparing underwriting info from various carriers. This tool streamlines brokerages' workflows, enhancing efficiency across the board. 🌐 Growth & Expansion: With the new funds, QuickFacts is set to hire more talent, broaden its reach in Canada, and break into the US market, aiming to solve significant brokerage pain points, especially in the complex US landscape. The funding round, led by Sandpiper Ventures and supported by Killick Capital Inc. along with several angel investors, marks a significant milestone in QuickFacts' journey. Already boasting a tripled user base within a year and serving over 100 brokerage clients, QuickFacts is gearing up for further North American expansion and exploring new product lines to serve the insurance industry better. 👉 Learn more about their journey and plans at the link in the comments #InsurTech #StartupFunding #InsuranceIndustry #BusinessExpansion #Innovation

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    8,835 followers

    🌟 Panel Recap: Navigating the Waters of InsurTech Investment! 🌟 Last spring, the InsurTech Spring Conference stage was graced with the electrifying panel "Investing in Early Stage vs. Late Stage InsurTechs" at our latest conference, featuring top investors and visionaries in the field: - David Gritz | Co-Founder | InsurTech NY - Dave Wechsler | Investor | OMERS Ventures - Josh Curry | MD | BMS Group - Yuto Nakanishi | Corporate Venturing Partner/Lead | Tokio Marine Group 🚀 Panel Takeaways: - High Stakes, High Rewards: Early-stage investments are all about high risks with potential for high rewards. Contrastingly, late-stage investments often present a lower-risk profile with steadier returns. - Adaptive Strategies: Our speakers shed light on the dynamic strategies required to navigate the different challenges and opportunities at each stage. - Strategic Impact: The panel emphasized the unique strategic benefits of both investment stages, from molding innovation in its infancy to scaling mature ventures. Investing wisely in InsurTech can revolutionize insurance markets and drive the next wave of financial technology. The right investment at the right time can make all the difference. Want a closer look into the world of InsurTech? Be sure to keep an eye on our page and register for our upcoming Spring 2025 Conference! #InsurTechNY #FinTech #VentureCapital #StartUpInvesting #InsuranceInnovation

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    🚀 Startup Spotlight: Chaiz's Major Seed Funding Success! 🌟 📈 Exciting news from Chaiz! They've just closed a stellar $3.7M seed funding round, oversubscribed and led by ResilienceVC, with participation from notable investors like Anker Capital AG, Automotive Ventures, and many more. ❓ What is Chaiz? Chaiz is revolutionizing the car ownership experience with the first online marketplace for Vehicle Service Contracts, also known as Extended Car Warranties. They offer transparency, choice, and fair pricing, transforming the industry with their innovative approach. 🌐 Not just B2C, Chaiz enhances any platform with its low-code widgets or best-in-class API, integrating seamlessly into websites, apps, or emails. 🔗 Discover more about their groundbreaking platform here: (https://lnkd.in/d6VXGRKS) 🎉 A huge shoutout to team members @Serhii Hupa, Volodymir Pohorilyak, Mathapelo Pitse, Alona Reznichenko, Igor Yakimenko, Jerry Lorient , Michaela Brislin, and Howard Rubin for their fantastic work. driving this achievement. 🌍 We can't wait to see what's next for Chaiz as they drive forward in their journey! #StartupFunding #InsurTech #VehicleServiceContracts #Innovation #TechnologyIntegration

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    🌟Panel Throwback: Wellness Benefits Impact and Evolution – Spring 2024 Conference 🌟 Last spring, we dived into the vital topic of wellness benefits with an esteemed panel of experts. Here’s why this conversation is crucial: 🎤 Speakers: - Dr. Christy Lane | IA Capital Group | Venture Partner - Allyson Laurance | Prudential Financial | VP of Strategic Initiatives - Justin Young | Unum Ventures | AVP - Adi Sivaraman | Architect Capital | Principal 🔍 Key Insights: - Evolving Needs: The panel discussed how wellness benefits have shifted from traditional offerings to more holistic and personalized options, addressing mental, physical, and financial well-being. - Tech Integration: Leveraging technology has become essential in delivering effective and accessible wellness programs, enhancing user engagement and outcomes. - Strategic Impact: Companies that invest in comprehensive wellness programs see significant benefits in employee satisfaction, productivity, and retention. 🌍 Why It Matters: Investing in wellness isn't just good for employees; it's a strategic advantage for businesses. As wellness programs evolve, they become a critical component in shaping workplace cultures that prioritize employee well-being, driving organizational success. 📈 Looking Forward: The discussion highlighted the importance of continuous innovation and adaptability in wellness programs to meet emerging challenges and the changing landscape of workforce expectations. Stay tuned for more insights and be sure to register for our Spring 2025 conference for more panels like this! #WorkplaceWellness #EmployeeBenefits #HRInnovation #InsurTech #HealthTech

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    🚀 Accelerator Spotlight: GIA Accelerator Program 2025! 🌐 🔍 Our friends Global Insurance Accelerator are looking for early-stage InsurTechsready to elevate their startups. Apply now for the GIA Accelerator's 100-Day Program. 🤝 Why GIA? - Direct Engagement: Your application is meticulously assessed by investors and sponsors, who are deeply involved throughout the program. - Comprehensive Support: From mentorship to pitch practices, you’ll gain invaluable insights directly from industry leaders. - Community and Connections: Join a cohort of founders committed to reshaping the insurance landscape. 🗳️ Application Process: - Initial Review: Over 100 industry professionals will review applications, looking for innovative and impactful ideas. - Interviews: Progress through rounds to meet GIA staff and investors. - Final Selection: Investor companies vote to select the most promising founders for the 2025 cohort. 📅 Deadline: Applications close on September 20, 2024. Don’t miss this chance to accelerate your journey! 🔗 Learn more and apply: [Apply Here] (https://lnkd.in/ghZmVBiZ) #GIAAccelerator #InsurTech #StartupGrowth #Innovation #InsuranceIndustry

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