Vote Hartford InsurTech Hub
Describe your program (<500 characters)
Hartford InsurTech Hub, powered by Startupbootcamp, was established in 2017 by Hartford insurers, The City of Hartford, and CTNext. Focused on addressing the need to attract new technologies and talent in insurance and technology into Hartford and the local ecosystem. By leveraging Startupbootcamp’s global network, our accelerator drives growth throughout the region and state to create a thriving spirit of collaboration and innovation between our partners, entrepreneurs, and investors.
What are the coolest, most popular features of your program? (<500 characters)
We play an integral role in growing Hartford to be the insurtech hub of the world. Partners are competitors, yet come together to learn from each other and to support the program.
Hartford Insurtech Hub brand is known globally, we attract startups from 50+ countries to apply to our program. Startups travel globally to work in the epicenter of insurance with top insurers.
At the forefront of creating insurtech trends, last year our trends report was downloaded 3,067 times from 46 countries
What impact did your program make is 2019? (<500 characters)
Our program completed its second year with significant success: accelerated 10 startups; 75% raised funding; 22 partnerships have been secured; average funding per startup $3.5M; received 8.9/10 Recommendation Score; attracted 550+ attendees for Demo Day to Hartford. On February 17, 2020 we will kick off our third cohort with 11 startups. We look to exceed last year’s impact and attract 900 + to our Demo Day on May 12.
What people are saying about Hartford InsurTech Hub ...
The HIH has been working hard to drive innovation in our community, I believe it's efforts merit a nomination for this category. Leland Holcomb
Hartford InsurTech Hub is it's third year and has an amazing track record of recruiting major corporations and uniting them with startups and scaleups that have been responsible for raising a record of 3.5 million per startup with 2019 cohort. It hosts multiple events that deliver amazing and timely trends and original content around digital health and insurTech and offers to the community (university and college students, corporations, businesses and any individuals who want to participate) for free! The startups it attracts to live in Hartford for 3 months- is given multiple opportunities to visit and enjoy major tourist attractions and local places-a great influx of economic development. Several of the startups are becoming scaleups and are now calling Hartford their home! Mary Crean