At a Glance
Insurtech NY is a specialized accelerator and investment platform dedicated exclusively to insurance technology startups, founded in 2016 to address the growing need for innovation within the insurance industry. Based in New York City, the firm operates both an accelerator program and makes direct investments in early-stage companies developing solutions across the insurance value chain, from underwriting and claims processing to distribution and customer experience. The platform provides startups with access to industry expertise, mentorship from insurance executives, and connections to potential corporate partners and customers within the insurance ecosystem. Insurtech NY's accelerator program typically runs cohorts of selected startups through intensive development periods, offering both funding and strategic guidance tailored specifically to the unique challenges of insurance technology. The firm has built strong relationships with major insurance carriers, brokers, and industry stakeholders, enabling portfolio companies to pilot their solutions and scale within established insurance networks. This focus on industry-specific expertise and partnerships distinguishes Insurtech NY from generalist accelerators, providing startups with deep domain knowledge and access to the traditionally relationship-driven insurance market.
“Accelerating innovation in the insurance industry by investing in and supporting early-stage insurtech startups.”
Insurtech NY primarily invests at the Pre-Seed, Seed stages. This means they focus on companies that are at the earliest idea or prototype phase.
Insurtech NY is headquartered in New York, NY. Many of their portfolio companies are also based in this region, though they invest across geographies.
Insurtech NY focuses on investments in Fintech, AI, SaaS. Their portfolio reflects deep expertise and networks within these sectors.
Insurtech NY's typical investment check size ranges from $100K to $500K. Actual amounts may vary based on the stage, sector, and specific opportunity.
Insurtech NY manages approximately $25M in assets under management (AUM) across their funds.
