Sam Evans, Founder and General Partner of Eos commented “We’re delighted to extend our existing relationship and funding commitment with SBC to their new program in the US. We’ve been working with SBC InsurTech in London and know through that experience that it’s a fantastic program with some great companies. In fact, we’ve invested in two SBC alumni, RightIndem and Insure A Thing”
London, 4 October 2017 – Eos Venture Partners (Eos), a global InsurTech Fund, will be a partner to the Hartford InsurTech Hub powered by Startupbootcamp InsurTech.
Sabine VanderLinden, Managing Director of SBC InsurTech added “We’ve enjoyed working with the Eos team in London and look forward to levering their expertise in our new program. Having a dedicated InsurTech investor closely involved with the program adds a huge amount of value for the participating companies.”
Similar to the UK program, Eos will make up to $1m of capital available for participants of the program.
One of the four cornerstones underpinning the investment strategy at Eos is that innovation in insurance will be driven from all areas of the globe and therefore having a global footprint to capture opportunities is critical.
Jonathan Kalman, General Partner of Eos, based on the East Coast of the US added “Hartford is an important insurance center in the US and the key themes that will underpin the first program fit nicely with our investment strategy at Eos. We’re looking forward to being involved and mentoring the participating companies with the goal of being a lead or co-lead investor.”
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About Eos Venture Partners
Eos Venture Partners provide financing and advisory services to leading entrepreneurs building innovative businesses in the insurance sector. In partnership with RAW Capital Partners, we offer a unique solution for growth stage InsurTech companies. Founders are choosing to work with us because we are an independent, specialist and active investor, with a strong track record and excellent relationships across the insurance sector. For more information, visit www.eosventurepartners.com
About Hartford InsurTech Hub
The InsurTech Accelerator, powered by Startupbootcamp, is the first component of Hartford InsurTech Hub, an initiative established in 2017 by Hartford insurance companies, the City of Hartford, and CTNext. Focused on addressing the need for attracting new technologies and talent in insurance and technology into the City of Hartford and the local ecosystem, the program partners include Cigna, The Hartford, Travelers, CTNext, USAA and White Mountains. It will stretch its reach to other cities in Connecticut to create a thriving spirit of collaboration and innovation between our partners, entrepreneurs and investors, while leveraging Startupbootcamp’s global network of capabilities and a structured delivery approach. For more information, visit: http://hartfordinsurtechhub.
About Startupbootcamp InsurTech
Launched in 2015, Startupbootcamp InsurTech is the leading Insurance accelerator that focuses on identifying globally-located disruptive and collaborative insurance and technology innovations, and the only program of its kind to attract a wide variety of industry support from multiple international players. Based in London, Startupbootcamp InsurTech is part of Startupbootcamp, the award-winning global network of industry-focused accelerator programs. With 20+ programs in Europe, Asia, North & South America, MENA & Africa, selected startups gain access to the most relevant mentors, partners and investors in their industry. For more information visit: http://www.startupbootcamp.org