Insurtech ecosystem firm BrokerTech Ventures (BTV) has introduced a partnership with Eire-based insurance coverage innovation firm Instech.IE.
It would present insurtech firms throughout the Atlantic with the required sources and assist to entry new markets, foster innovation and drive development.
The collaboration provides Irish insurtech firms a chance to enter the US market, leveraging BTV’s community of trade specialists and data.
Conversely, US-based firms looking for to increase into Europe will profit from Instech.IE’s established connections and insights inside Eire and Europe.
The partnership goals to offer start-ups with a gentle touchdown in each Europe and North America.
Moreover, it can create a platform for data change, 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 current ties to Insurtech Israel and the LATAM Insurtech Accelerator.
BrokerTech Ventures co-founder and co-CEO Dan Keough mentioned: “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 invaluable 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 imagine that international collaboration will proceed to spur insurtech innovation, serving to us establish dangers sooner and drive down prices sooner.”
Instech.IE CEO Gary Leyden mentioned: “This relationship with BrokerTech Ventures displays our dedication to supporting Irish firms as they navigate international growth. On the identical time, we’re excited to introduce US insurtechs to the distinctive alternatives Eire provides as a gateway to Europe. Collectively, we aren’t simply opening doorways – we’re making a pathway for sustained, impactful development.”
In June this 12 months, BrokerTech Ventures and the Nationwide Alliance for Insurance coverage Training & Analysis launched an insurtech course titled Introduction to Insurance coverage for Insurtech Professionals.