AROUND THE NETWORK: Insight Risk Technologies Named To 2023 Cohort Class for Accelerator

BrokerTech Ventures, the industry’s first broker-led convening platform and accelerator program, recently selected 12 insurtech startups to take part in its highly intentional accelerator curriculum. One of those companies selected was BuiltWorlds member Insight Risk Technologies of Weston, CT.

The accelerator cohort kicks off April 4, 2023. During the program, the startups will advance their technologies, accelerate their progress through a select mentor network, receive $50,000 in seed funding, and gain immediate access to BTV’s multi-billion-dollar distribution platform to deploy the technologies.

“This class is really exciting for a number of reasons,” said John Jackovin, executive director of the BTV Accelerator. “The startups include some who had reapplied after not making it in years past. We also have more female founders than ever before, which is tremendous to see! And, of course, the products and technologies continue to improve. We are fortunate to be able to engage at this early stage to provide a tremendous value to the community.”

“Insight Risk is honored to be invited by the Broker Tech Ventures team to join their highly selective accelerator program. Partnering with the members at BTV will allow Insight Risk to accelerate its broker and carrier relationships to deliver superior insurance products bundled with technologies that can reduce losses.” Chad Hollingsworth, President and Co-Founder of Insight Risk.

Collectively, BTV represents 13 of the largest independently owned insurance brokerages and 14 of the largest insurance companies in North America, with a combined multi-billion dollars in annual distribution capacity.

“The true value in our BTV Accelerator and business model is in the engagement with our trifecta ecosystem of BTV agencies, insurance companies, and capital resources,” said Keough. “Many of the startups who go through the accelerator have an engagement with our partners that lasts well beyond the accelerator as we work to deploy their technologies to collectively help our clients and the insurance industry identify risks sooner to drive down costs faster.”