EMC Insurance Companies (EMC) of
Originally modeled after other horizontal technology accelerators which provide seed funding and business assistance to startups in exchange for equity, the GIA is focused solely on the insurance industry. Now in its third year, the GIA is backed by insurance company investors from across the
The insurtech startups selected to participate in the GIA’s annual “cohort” are invited to
The GIA investors, now including EMC and Markel, not only have an opportunity to acquire a financial stake in some of the top insurtech startups in the country, but also participate as mentors and engage in startups’ early business and product evolution. As a part of the GIA, insurer investors are exposed to the newest industry-specific technology trends ahead of competitors, and, are therefore better able to evaluate future engagement with, and potential investment in, emerging technologies.
Markel and EMC join the GIA’s existing investor group, which includes American Equity Investment Life Holding Company,
The GIA is now accepting applications for its third cohort, happening mid-January through
For information on becoming an investor in the GIA, please visit www.globalinsuranceaccelerator.com.
For The Global Insurance Accelerator
Source: The Global Insurance Accelerator