88ships and Bullfrog will combine their respective capabilities to create a unique international InsurTech network, connecting the innovative and entrepreneurial startup ecosystem of
"Startup and venture capital activity in InsurTech has increased rapidly over the past few years and we're excited to partner with Bullfrog to accelerate this growth and introduce more innovation into the existing insurance value chain," said
Complementing the accelerator program, 88Bulls will create an early stage venture fund to invest in its portfolio companies to further fuel their growth. 88Bulls will identify and invest in growth-oriented InsurTech startups with market-ready products, early revenue, and an international business model who are looking to gain larger customers, initiate new partnerships, and scale rapidly.
"Combining our deep insurance expertise with 88ships' company building experience and network in
InsurTech represents much more of an opportunity than a threat to traditional insurers and 88Bulls' objective is to bring out the best in these two worlds to accelerate innovation in the industry.
88ships® is a boutique, white glove company builder and advisory platform for growth-oriented businesses. We partner with founders of companies from pre-Series A through pre-IPO to co-build, grow and rapidly scale. We also partner with large corporations to design and implement corporate innovation programs, source and incubate startups, and engage with the innovation ecosystem in
Bullfrog® Ventures is the only Innovations IncubatorTM and consulting firm dedicated to InsurTech, focusing on game-changing opportunities that deliver substantial business growth for the Insurance industry. We take a hands-on approach to ensure success. We partner with clients to ensure our implementations are exactly the capabilities they need to differentiate themselves in their markets. We choose our clients very carefully and we engage only where we see opportunities to truly deliver. That's how we guarantee value and deliver extraordinary reputation to our portfolio.
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