The Global Insurance Accelerator out of Des Moines has announced five teams for its second class, which include regional, national and international startups in the insurance industry.
The teams include:
- Smart Drivinc (St. Louis, Missouri): Distracted driving and crash prevention app
- Fluttrbox (Montreal, Canada): Property assessments via aerial drone images
- WeSavvy (Dublin, Ireland): Health insurance app that pays cash for physical activity
- Telematic (Madison, Wisconsin): Connected car app
- Serious Social Media (Orange, California): Automated social media marketing for agents
Each team will move to Des Moines for the 100-day program. The teams receive $40,000 for 6% equity in their company, as well as office space, mentorship, education and access to the GIA’s network of insurance executives from industry leaders including AIG and Nationwide.
“Des Moines is the insurance capital of the United States, which is why it’s only natural for these insurance startups to accelerate their presence here with us,” said Jeff Russell, board chair for the GIA, in a press release.
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The Global Insurance Accelerator program will begin on February 9.
One response to “Global Insurance Accelerator announces 2016 class”
Quikbyke should apply next year after we’ve integrated IoT tracking technology.