What Are InsurTech Selection Days?

Hartford InsurTech Hub, powered by Startupbootcamp, is getting ready for their second year of its InsurTech acceleration program. The program begins in early February, runs for 3 months and will provide 10 talented startups with the support, resources and industry experts they need to help grow their budding business. The Hartford InsurTech Hub scouting team has spoken and reviewed more than 230 startups for the accelerator. It has been a challenge to whittle 230+ applications to the Top 22 finalists for Selection Days. Selection Days are an integral event in which we choose the final 10 startups that will participate in the program.

The Top 22 startups have been invited to attend the Selection Days at Upward Hartford from November 26th until November 28th.

The Selection Days have two key objectives: the first is to ensure that the Top 22 startups understand what being part of Hartford InsurTech Hub about. Secondly, the 3 days will give the Hartford InsurTech Hub team, as well as the program partners, the opportunity to examine the Top 22 startups and help in the selection of the final ten.

The first day is an internal preparation day for the startups to establish that they get the most value out of the second and third days. Startups will participate in several workshops that include everything from value proposition and pitch training to mentor management and mock rotations.

The two remaining days are where the program’s mentors, investors, and partners have the opportunity to assess the Top 22 startups. The mentors are made up of experts in fields such as marketing, sales, lean methodology, and investment and industry experts from across insurance, finance, and technology fields. Startup rotations take up a significant part of both day 2 and 3. This consists of each team have 15-minute rotation sessions with the mentors and partners to receive the product, investment, and business strategy feedback.

The advice from the mentors and partners are invaluable for the startups. This advice helps team members grow and develop as entrepreneurs. At the end of the third day, there is a deliberation period between the corporate partners and several Hartford InsurTech Hub team members. This is followed up an announcement of the 10 startups that have been selected to join the program.

Selections Days are intense with a meticulous schedule, but there are regular breaks to relax, eat, and socialize.

Here are the Top 22 startups:

We are looking forward to seeing the Top 22 startups, the mentors and the partners at Upward Hartford during the Selection Days.

Find out who the 2019 Ten Selected Teams are on Twitter at @HartfordInsHub and by following the hashtag #SelectionDays2018

Would you like to get involved as a mentor? Contact us!