Insurtech

Bringing together the InsurTech Ecosystem – Insurtech Conclave August 2021

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Bringing together the InsurTech Ecosystem: Hear from leading experts on trends and opportunities in the #insuranceindustry on Aug 10th from 10:55 AM to 11:25 AM ET

Accelerators Panel: Collaborating with startup accelerators to create a successful and scalable #InsurTech ecosystem
Paul Tyler, Chief Marketing Officer, Nassau Financial Group
Sabine VanderLinden, Co-founder & Managing Partner, Alchemy Crew
Prasad Joshi, SVP, Emerging Technology Solutions, Infosys
Susan Winkler, VP and Executive Director, Connecticut Insurance and Financial Services (CT IFS) (Moderator)

Key takeaways of this panel:

  • Innovation in the post pandemic context
  • Technology and trends driving a new ecosystem
  • Building capabilities and first mover advantage
  • Role of proprietary tech and data

Learn more about the Insurtech Conclave, including speakers, agenda, key takeaways, and more: https://www.infosys.com/newsroom/events/2021/insurtech-conclave.html

Ashley SaundersBringing together the InsurTech Ecosystem – Insurtech Conclave August 2021
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InsureLife raising Seed round, signs major Insurance brands, to digitally connect Insurance Companies with Customers and Agents, improving sales process

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RALEIGH, N.C.Aug. 4, 2021 /PRNewswire/ — InsureLife, a startup technology company in Raleigh, NC, has developed an AI-powered platform for Insurers that digitally connects their financial services products with consumers and agents, growing sales in a contactless world.

Investors in the Seed round include Nassau Financial Group, CFV Ventures, and several angel investors. InsureLife anticipates oversubscribing the Seed round.

https://www.prnewswire.com/news-releases/insurelife-raising-seed-round-signs-major-insurance-brands-to-digitally-connect-insurance-companies-with-customers-and-agents-improving-sales-process-301348878.html?a

InsureLife has secured distribution agreements with two major insurance companies – a leading Supplemental Health Insurer and Nassau Financial Group. Following the Seed round, InsureLife’s priority will be launching with these companies to distribute their products with InsureLife’s proprietary platform. InsureLife also intends to open its Series A round for growth capital later this year.

“We’re thrilled and honored to partner with forward-thinking investors and insurance companies who see the value in modernizing the antiquated insurance distribution chain. We’re excited to get moving with great brands like Nassau and one of the largest Supplemental Health Insurers and most recognized brands in the US. This round is the catalyst to many more growth opportunities that we’re already exploring for InsureLife,” said John Cammarata, InsureLife Co-Founder and Chief Technology Officer.

CFV Ventures, Managing Partner Nat Clarkson said: “The InsureLife team has created a unique solution that addresses a real need in the insurance industry. We are excited to be working with the organization and look forward to being a part of its future growth.”

Nassau Financial Group, Chief Marketing Officer Paul Tyler said: “We’re proud of the continued success of the team. We believe in their mission for agents and consumers now more than ever. We’re happy to see one of the early companies in our incubator, Nassau Re/Imagine, continue to gain momentum in the marketplace. In addition, we look forward to growing our Medicare Supplement insurance business in partnership with InsureLife’s team.”

Additionally, in 2020, InsureLife joined the Nassau Re/Image incubator in Hartford, CT, and won their pitch competition. They also placed second in the Fintech Frontier Pitch Competition in Cincinnati, OH.

To learn more about InsureLife, visit the company’s website.

SOURCE InsureLife

Related Links

https://insurelife.io

Ashley SaundersInsureLife raising Seed round, signs major Insurance brands, to digitally connect Insurance Companies with Customers and Agents, improving sales process
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Podcast: It’s Getting Incredibly Hard to Find Yield – Why We Need More Innovative Products with Paul Tyler

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July 20, 2021

Paul Tyler is Chief Marketing Officer for Nassau Re, a 5-year old company driving innovation and new partners in the heart of the Insurance capital Hartford.

ReImagine! was designed to bring insurtech to Hartford and create new jobs. Nassau is focused on re-shaping retirement advice and services. They will soon be releasing a map of the 100-companies driving innovation and change in the space.

Listen to the podacst: https://insurtech.podbean.com/e/its-getting-incredibly-hard-to-find-yield-will-leads-to-more-innovative-products-wpaul-tyler-cmo-nassau-re/ 

Paul sees room for more innovative products, for example focusing more on how long people live that returns, or managing their decumulation of assets. The lines between the traditional life stages have blurred as people prioritize quality-of-life over the goal of retirement.

Follow Insurtech Leadership Podcast airing weekly hosted by Joshua R. Hollander. We give you up-close access and personal insights from the leaders of the fastest-growing #insurtechs and most innovative #insurance carriers and brokers.

Ashley SaundersPodcast: It’s Getting Incredibly Hard to Find Yield – Why We Need More Innovative Products with Paul Tyler
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Nassau Re/Imagine Receives Honorable Mention In the 2021 CT Entrepreneur Awards

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Read the full release: https://ctentrepreneurawards.com/news-release-ct-entrepreneur-awards-recipients-named-4-19-21/

The Connecticut Entrepreneur Awards announced an impressive array of 25 category winners, along with 67 runners-up, during the 2021 Connecticut Entrepreneur Awards, which were presented during a virtual awards ceremony that highlighted the accelerating growth of the state’s entrepreneurial ecosystem.

The 5th Annual event celebrated Connecticut’s leading entrepreneurs, ventures, and the varied ecosystem elements throughout the state that support and encourage them. The awards ceremony highlighted businesses, organizations, and individuals from communities all across Connecticut, pursuing business opportunities across many sectors and industries.

Announcement of the winners followed an afternoon virtual expo and interactive product demonstrations, concurrent sessions, and panel discussions, in addition to the results of the public voting and judge’s choices.  There were 15 Community Voting category winners and 9 Judges Selection category winners announced, along with honorable mention recipients. There were a total of 225 individuals, businesses, and organizations selected as finalists earlier this year, drawn from 434 nominations.

“The caliber of this year’s nominees was phenomenal. Collectively, those selected as winners in their categories, those earning Honorable Mention, and all the finalists, have a strong impact on our state and its communities,” said CT Entrepreneur Awards founder Bill Kenney.  “Despite the obstacles of the past year, Connecticut’s entrepreneurial community showed tremendous resilience and ingenuity.  These enterprises and initiatives are driving entrepreneurship and economic independence throughout Connecticut.”

Ashley SaundersNassau Re/Imagine Receives Honorable Mention In the 2021 CT Entrepreneur Awards
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Symetra Partners with Nassau Re/Imagine Insurtech Incubator

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BELLEVUE, Wash. & HARTFORD, Conn.–(BUSINESS WIRE)–Symetra Life Insurance Company today announced a partnership with the Nassau Re/Imagine insurtech incubator based in Hartford, Connecticut, that will tap the creative and developmental opportunities in the region’s deep insurance industry talent pipeline. The program currently supports 19 startups focused on solving critical problems for the life, annuity, reinsurance, and property & casualty sectors.

“At Symetra, part of our strategic focus is seeking out opportunities that empower the future as we transform our business to better meet evolving customer needs across all of our business lines,” said Harry Monti, executive vice president, Benefits Division, who will join the Nassau Re/Imagine advisory board. “We like the inclusive, community-focused approach the Nassau Re/Imagine team has embraced to build their program. Our partnership gives our Enfield, Connecticut-based employees greater access to Hartford’s vibrant innovation network, multiple brainstorming events and the kind of collaborative environment that can fuel viable business ideas.”

The Nassau Re/Imagine partnership expands Symetra’s footprint in the insurtech accelerator/incubator space. Through parent company Sumitomo Life, it is a participant in the Plug and Play Tech Center in Sunnyvale, California.

Nassau Re/Imagine formally launched its program in early 2019. It actively supports individuals and teams committed to building a vibrant insurtech ecosystem within the Greater Hartford community. In return, the program provides business resources, access to potential clients, support for product commercialization, and introductions to investors. The support network includes insurance carriers, technology companies, academic institutions and professional service firms with a strong presence in the community.

“We have highly valued the time, energy and support from the leadership team at Symetra. We’re thrilled to have the organization increase their support and add formal resources to our efforts,” said Paul Tyler, head of Nassau Re/Imagine and Chief Marketing Officer at Nassau.

Read the full article here: https://www.benzinga.com/news/21/04/20749044/the-future-of-e-commerce-and-the-contents-of-our-new-wallets

Ashley SaundersSymetra Partners with Nassau Re/Imagine Insurtech Incubator
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