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Deadline Approaches for New York-Bermuda InsurTech Early Stage Competition

Deadline Approaches for New York-Bermuda InsurTech Early Stage Competition
January 22, 2021
The submission deadline for the 2021 InsurTech Early-Stage Competition is approaching on January 29, 2021.
Global insurtech hub InsurTech NY and the Bermuda Business Development Agency (BDA), Bermuda’s independent economic development public/private partnership, have joined forces for the competition, which attracts up to 100 startups from around the world with an opportunity to showcase their business and market potential to early stage investors and insurance leaders.
Early-stage companies eligible for the competition are insurtechs that generated less than $250,000 in annual revenue in 2020.
“We encourage those looking to accelerate innovation in the industry to apply and look forward to welcoming the winning team to Bermuda, the world’s risk capital with over $100 billion in reinsurance premium, access to specialty market car ....

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InsurTech NY and the Bermuda Business Development Agency Join Forces for Early-Stage InsurTech Competition

Bermuda BDA InsurTech Competition
Adding to the existing prize pool of $200,000, the BDA will award the winning team with a four-night stay in Bermuda, a business concierge service to connect startup founders to professional advisors, and pay the fees associated with participating in the Bermuda Monetary Authority (BMA) regulatory sandbox or innovation hub. The winning team s proposal will be subject to the BMA s formal application review, and once approved, will benefit from the Regulator s extensive guidance.
Susan Pateras, a BDA board member and an insurance industry expert with more than two decades of experience, will join the venerable list of investor and insurance carrier judges. Judges comprise angel investors, venture capitalists, and insurance carriers including New York Angels, Park City Angels, Anthemis, Six Thirty, Sure Ventures, Luge Capital, Transverse, Nationwide, GreenlightRe, and Grange Insurance. ....

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