Insurtech ecosystem firm BrokerTech Ventures (BTV) has introduced a partnership with Eire-based insurance coverage innovation firm Instech.IE.
It’ll present insurtech corporations throughout the Atlantic with the required assets and help to entry new markets, foster innovation and drive progress.
The collaboration affords Irish insurtech corporations a possibility to enter the US market, leveraging BTV’s community of business specialists and data.
Conversely, US-based corporations looking for to develop into Europe will profit from Instech.IE’s established connections and insights inside Eire and Europe.
The partnership goals to supply start-ups with a gentle touchdown in each Europe and North America.
Moreover, it’s going to create a platform for data trade, the place BTV and Instech.IE will collectively share learnings, methods and innovation case research pertinent to each the US and European insurance coverage landscapes.
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This collaboration marks BTV’s third international relationship, with present ties to Insurtech Israel and the LATAM Insurtech Accelerator.
BrokerTech Ventures co-founder and co-CEO Dan Keough stated: “We’re thrilled to announce our relationship with Instech.IE. At BrokerTech Ventures, we’re dedicated to advancing insurtech alternatives and innovation.
“Our relationship with Instech.IE creates a helpful pipeline for start-ups to achieve new markets, permitting them to thrive and develop by tapping into the experience and networks distinctive to every area. We consider that international collaboration will proceed to spur insurtech innovation, serving to us establish dangers sooner and drive down prices quicker.”
Instech.IE CEO Gary Leyden stated: “This relationship with BrokerTech Ventures displays our dedication to supporting Irish corporations as they navigate international enlargement. On the identical time, we’re excited to introduce US insurtechs to the distinctive alternatives Eire affords as a gateway to Europe. Collectively, we aren’t simply opening doorways – we’re making a pathway for sustained, impactful progress.”
In June this yr, BrokerTech Ventures and the Nationwide Alliance for Insurance coverage Training & Analysis launched an insurtech course titled Introduction to Insurance coverage for Insurtech Professionals.