InsurTech Accelerator selects its first cohort
News Release – Monday, July 13, 2020
7 companies chosen for bcp tech Accelerator
KANSAS CITY, MO – Kansas City’s latest entry in the tech accelerator space has selected seven companies to participate in the first bcp tech Accelerator.
bcp tech – the technology-focused brand of Brush Creek Partners, an insurance agency based in the Crossroads Arts District – chose seven entrepreneurs to champion the InsurTech Accelerator. With the support of LaunchKC and TechAssure, applications for the Accelerator program opened in January.
“Despite the challenges of COVID-19, bcp tech has attracted an incredible group of applicants, all with broker-focused InsurTech solutions,” said Travis Holt, CEO and co-founder. “We had an incredible group of founders and products, which made it difficult to make our decisions.”
Each member of the cohort brings a unique insurance technology solution designed to help the independent broker improve the client experience. The seven cohort members were chosen from a field of 65 from across the country, including three from the Kansas City area.
“Beginning next month, each of the seven companies will set out to turn their products into rapidly growing businesses through an eight-week educational curriculum that will be presented virtually with TechAssure and LaunchKC,” Holt said.
Members of the first cohort of the bcp tech Accelerator include:
Trust Layer (San Francisco, CA) is a collaborative risk management platform that helps reduce friction between businesses by automating the verification of insurance, licenses, and compliance documents.
Relativity6 (Cambridge, MA) is a machine learning platform which enables enterprise companies to accurately predict behaviors.
GloveBox (Denver, CO) is a centralized mobile and web application allowing insurance policy holders to access their policy documents, pay a bill, initiate a claim and more.
WeatherCheck (Louisville, KY) is a SaaS web application telling users potential and historical weather damage to property that results in valid or invalid property insurance claims.
Protosure (New York City, NY) is a cloud-based, programming-free — submit, underwrite, rate, quote, and policy issuance platform.
Wunderite (Boston, MA) shortens an agent’s sales cycle, automates internal processes, and delivers a delightful customer experience.
RiskGenius (Overland Park, KS) is an AI-driven, SaaS-based solution made specifically for the insurance industry that lets you rapidly understand terms of coverage across a body of policy documents.
About the bcp tech Accelerator
The bcp tech Accelerator is an InsurTech Accelerator based in Kansas City, MO. In partnership with TechAssure and LaunchKC, the Accelerator’s goal is to identify innovative technologies that support independent brokers by improving the client experience and creating servicing efficiencies. The cohort will go through an 8-week virtual program where they will work directly with brokers to turn their products into investable businesses. For more information or to contact the team, visit https://bcptech.co/insurtech-accelerator/
LaunchKC is a vibrant leader in the Kansas City tech ecosystem – beginning as a grants competition for tech entrepreneurs (founded 2014) and elevating to a tech accelerator platform (2019) that works in partnership with industry-specific verticals, including the bcp tech Accelerator. Its mission is to attract and retain the best and brightest tech entrepreneurs in Kansas City.
LaunchKC, a nonprofit initiative of the Downtown Council of Kansas City, Missouri, and the Economic Development Corporation of KCMO, is fueled by the Missouri Technology Corporation, the City of Kansas City, Missouri, along with corporate, governmental and philanthropic investors and supporters.
TechAssure is a unique consortium of risk management experts serving innovative industries, such as technology, telecommunications, life sciences, clean tech, as well as the venture capital and private equity firms that fund them. Now comprised of 29 specialist firms located in strategic locations across the world, TechAssure members collectively serve over 4,000 clients and represent over $5 Billion in premium volume.
The association also produces a proprietary annual benchmarking report for the industries it serves. TechAssure, headquartered in Davidson, NC, is currently celebrating its 19th year.