GLOBAL INSURANCE ACCELERATOR (GIA) ANNOUNCES 2016 CLASS OF INSURANCE STARTUPS

The sophomore class includes:

  • Smart Drivinc (St. Louis, Missouri): Distracted driving and crash prevention app disables drivers’ cell phones while driving.
  • Fluttrbox (Montreal, Canada): On-demand aerial imaging and mapping application that provides detailed property assessments via aerial drone images.
  • WeSavvy (Dublin, Ireland): Health insurance app that rewards customers with cash off their insurance premium based on physical activity.
  • Telematic (Madison, Wisconsin): Connected car app that offers auto insurance companies the ability to price insurance by monitoring driving and mobile usage.
  • Serious Social Media (Orange, California): Automated social media marketing software for insurance agents.

Investors backing the GIA (all returning from 2015) include the following insurance carriers: American Equity Investment Life, Delta Dental of Iowa, Farmers Mutual Hail, Farm Bureau Financial Services, Grinnell Mutual Reinsurance, IMT Insurance Company and Principal Financial Group.

The accelerator’s mentors are industry leaders and executives who have a deep understanding of the industry and come from insurance carriers and brokerages including all seven GIA investors, AIG, Nationwide, EMC, Transamerica, Merchants Bonding and more.

via Global Insurance Accelerator

GLOBAL INSURANCE ACCELERATOR (GIA) ANNOUNCES 2016 CLASS OF INSURANCE STARTUPS

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