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Global Insurance Accelerator
https://www.globalinsuranceaccelerator.comLast activity: 29.04.2024
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The Global Insurance Accelerator is a mentor-driven business accelerator designed to foster innovation in the insurance industry through startups targeting the global insurance industry.
We take in early-stage companies who are building solutions that support the insurance industry. We provide seed funding, networking with our mentors, a desk in our beautiful office in Des Moines, 100-days of on-site support and time on stage at the Global Insurance Symposium with hundreds industry executives in attendance.
This is not your typical accelerator. Our investors are insurance carriers, our mentors are primarily insurance executives. Startups participating in our program find product-market fit and do customer discovery faster than they could ever do at any other accelerator. We are a strategic partner.
-The Deal-
Investment with founder-friendly terms: $75k in the form of a post-money SAFE that converts to 5% of the company; no board seat
Curated meetings with 75+ insurance-focused mentors in program; dozens more after
Final presentations @ Global Insurance Symposium (~600 attendees in 2019)
Additional exposure at industry conferences
One-bedroom, residential-style suite at the Staybridge Suites, with amenities including daily breakfast, nightly dinner, gym, pool, and laundry (104 nights / 2-minute walk from GIA / housing covered by investment)
Office space for your entire team
Typical accelerator perks (deals on hosting, marketing tools, etc)
Stocked fridge at the GIA office
Founders need to be in Des Moines during the program, business-related travel is supported
We take in early-stage companies who are building solutions that support the insurance industry. We provide seed funding, networking with our mentors, a desk in our beautiful office in Des Moines, 100-days of on-site support and time on stage at the Global Insurance Symposium with hundreds industry executives in attendance.
This is not your typical accelerator. Our investors are insurance carriers, our mentors are primarily insurance executives. Startups participating in our program find product-market fit and do customer discovery faster than they could ever do at any other accelerator. We are a strategic partner.
-The Deal-
Investment with founder-friendly terms: $75k in the form of a post-money SAFE that converts to 5% of the company; no board seat
Curated meetings with 75+ insurance-focused mentors in program; dozens more after
Final presentations @ Global Insurance Symposium (~600 attendees in 2019)
Additional exposure at industry conferences
One-bedroom, residential-style suite at the Staybridge Suites, with amenities including daily breakfast, nightly dinner, gym, pool, and laundry (104 nights / 2-minute walk from GIA / housing covered by investment)
Office space for your entire team
Typical accelerator perks (deals on hosting, marketing tools, etc)
Stocked fridge at the GIA office
Founders need to be in Des Moines during the program, business-related travel is supported
Location: United States, Iowa, Des Moines
Employees: 1-10
Founded date: 2014
Investment Type: Accelerator
Investment Stage: Pre-Seed; Seed; Series A
Portfolio 49
| Date | Name | Website | Total Raised | Location |
| 25.01.2022 | EquiX | equixonline.com | - | - |
| 25.01.2022 | TripDoctor | tripdoctor.com | - | Peru, Prov... |
| 25.01.2022 | Safari | insuresafari.com | - | United Sta... |
| 25.01.2022 | Optikal Ca... | optikalcare.com | - | United Sta... |
| 25.01.2022 | RainyDayPa... | rainydaypal.com | - | - |
| 25.01.2022 | Adjust Squ... | adjustsquare.com | - | United Sta... |
| 25.01.2022 | Insurtic | insurtic.io | - | United Kin... |
| 25.01.2022 | Thumbscore | plainsolutions.co | - | United Sta... |
| - | InsuranceM... | insurancemenu.com | - | - |
| - | Rainwalk T... | rainwalk.io | $4M | United Sta... |
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Mentions in press and media 20
| Date | Title | Description |
| 29.04.2024 | A second look at Q1 VC funding | According to PitchBook data, 30 Wisconsin-based startup companies raised at least $119.48 million in venture capital in the first quarter of 2024. Wisconsin investors led eight deals, resulting in $86.72 million invested in companies headqu... |
| 03.10.2022 | USQRisk Welcomes Lael Chappell to Advance MGA Accelerator | NEW YORK (PRWEB) October 03, 2022 USQRisk, the international managing general agent focused on alternative risk transfer solutions, has named Lael Chappell the chief marketing and business development officer of Desq. Prior to joining USQRi... |
| 04.06.2022 | German startup MotionsCloud raises $2M with a time and resource-saving AI solution for insurance claims | German startup MotionsCloud and its AI insurance claim solution that saves time, resources and improves customer experience raised $2 million, backed by investors including SOSV (US), Net Insurance (IT), and AI Startup Incubator (CZ) Motio... |
| 31.05.2022 | Global Insurance Accelerator Announces Dan Israel as next Managing Director | Managing Director, Dan Israel, of GIA “This unique opportunity will allow me to expand on my experience leading innovation teams to build a strategic partner base as well as provide continued strong support to the founders, who are integral... |
| 04.05.2022 | Summary Medical hopes it is the next wave in InsurTech | By Anna Lardinois Startup Storyteller Cint Laskowski’s lifelong career in technology was launched by a childhood trip to Adler Planetarium in Chicago. His fascination with the planets created a longing to explore every aspect of the night ... |
| 28.04.2022 | Munich’s MotionsCloud minimises insurance claims migraines, manifests $2 million | Munich-based MotionsCloud has raised $2 million in a new funding round. Operating in the same space as industry-standard unicorn Tractable (who's stocked with a warchest of close to $120 million), MotionsCloud uses AR and AI technologies to... |
| 03.03.2022 | Global Insurance Accelerator Plans Leadership Change in 2022 | "We are looking for a new leader who is a motivated, dynamic candidate with entrepreneurial experience in a technology startup, and who can continue growing the GIA long-term, ” said Dave Wingert, executive vice president of Grinnell M... |
| 21.12.2021 | GIA’s Eighth Year Features Cohort of Eight InsurTech Startups | I believe leading with a hybrid program in 2022 has allowed us to attract an outstanding set of founders who appreciate the opportunity to spend one-third of the 100-day program in Des Moines, Iowa, where the state is home to more than 200 ... |
| 06.01.2021 | GIA's Seventh Year Features Cohort of Seven InsurTech Startups | DES MOINES, Iowa, Jan. 06, 2021 (GLOBE NEWSWIRE) -- The Global Insurance Accelerator (GIA), a Des Moines, Iowa-based business accelerator focused on fostering innovation in the insurance industry, is pleased to announce the seventh cohort w... |
| 04.10.2019 | Accelerators targeting health insurance companies | They include Health Hub Vienna, The Global Insurance Accelerator and Hartford InsurTech Hub For startups, there are numerous paths for getting their name out there. One way, which Vator has been covering recently, are startup competitions, ... |
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