BrokerTech Ventures (BTV), a Des Moines, IA-based broker-led convening platform and accelerator program, has opened the application window for its 2024 BrokerTech Ventures Accelerator program.
BTV invests in the research and testing for each of the chosen startups, provides access to veteran industry mentors, and helps scale the technology to market through broker distribution channels. Since its founding, the program has been focused on fostering innovation in the insurance space by providing early-stage insurtech companies with the support to develop tech solutions for the industry. The concept of the BTV Accelerator is to be an “innovation hub” and proof of concept environment for broker-centric products and technology solutions, bringing validated solutions to the industry. The ideal candidates for the Accelerator are early-stage insurtech startups.
The deadline for submissions is December 18, 2023. The initial review will be in January, with the top 20 startups chosen to take part in the Selection Series in early March. The Selection Series will be a virtual event where BTV partners can deepen into the products, companies, and teams. Subsequently, the cohort will begin the five-week Accelerator program in April 2024. More than $500,000 in funding is at stake for the selected broker-centric, seed and early-stage startups, with each startup receiving $50,000.
Led by John Jackovin, Executive Director, Susan Hatten, Chief Operating Officer, and Dan Keough, Co-Founder, BrokerTech Ventures Accelerator has grown to include 12 of the most notable super-regional brokerage firms in the nation, 13 of the world’s most highly respected insurance carriers and wholesalers, and 48 insurtech startups from around the world. BTV has also been instrumental in helping build and accelerate the Israeli and Latin American accelerator programs.
To submit an application for the 2024 Accelerator, go to www.brokertechventures.com.