The InsurTech sector offers a focused set of accelerator programs for new companies. Some, like Plug and Play, are large, with over 2,200 investments and more than 200 exits.

Others, such as Forum Ventures and Tenity, have also made a mark with nearly 500 and over 340 investments respectively.

Below is our list of the best 38 InsurTech accelerators and incubators.

Failory's Top 10 Picks

Plug and Play operates a global innovation platform that connects startups from a wide array of industries with its extensive network of corporate partners. This unique focus on fostering strategic collaborations has helped launch iconic companies such as PayPal, Dropbox, and N26.

HeadquartersSunnyvale, California, United States
Year Founded2006
FoundersJojo Flores, Ali Safavi, Saeed Amidi, Jackie Hernandez
Investment Amount$50K-$250K (investment arm); Accelerator is FREE
Equity Taken1-5% (investment arm only); 0% for accelerator
Nº of Investments2273
Nº of Exits205
Program TypeOn-Site
WILCO Logo

2. WILCO

WILCO accelerates innovative startups across numerous tech sectors with financing and personalized coaching. Their unique KPI-driven program is structured to help companies reach their first million in turnover within three years.

HeadquartersParis, Ile-de-France, France
Year Founded2001
Founders—
Nº of Investments211
Nº of Exits53
Program TypeOn-Site

With an exclusive focus on B2B SaaS, Forum Ventures provides early-stage founders with a dedicated accelerator program and pre-seed funding. Their community and go-to-market support help startups build their initial product and find early traction.

HeadquartersNew York, New York, United States
Year Founded2014
FoundersNick Mehta, Michael Cardamone, Bruce Morrison
Investment AmountPre-Seed Accelerator: $100K
Equity TakenPre-Seed: 7.5% (via post-money SAFE)
Nº of Investments497
Nº of Exits48
Program TypeOnline
Duration (Weeks)24
SixThirty Logo

SixThirty backs late-seed stage startups in the FinTech, InsurTech, and Cyber Security sectors with capital and hands-on support. Their intensive program provides founders with the resources and guidance needed to scale within these highly regulated industries.

HeadquartersSt Louis, Missouri, United States
Year Founded2013
FoundersBrian Matthews, Atul Kamra, Jim McKelvey
Investment Amount$100K
Equity TakenNegotiated %
Nº of Investments177
Nº of Exits32
Program TypeOn-Site
Duration (Weeks)14

Moderne Ventures operates as a strategic venture capital firm investing in technology companies across the real estate, finance, and insurance sectors. Through its industry immersion program, the firm provides startups with direct access to an extensive network of corporate partners to accelerate customer growth.

HeadquartersChicago, Illinois, United States
Year Founded2015
FoundersConstance Freedman
Nº of Investments105
Nº of Exits29
Duration (Weeks)24

The London Co-Investment Fund backs promising, early-stage technology, science, and digital startups based in London. They specialize in co-investing alongside other venture partners to provide the seed capital necessary for these companies to scale and innovate.

HeadquartersLondon, England, United Kingdom
Year Founded2014
FoundersMaggie Rodriguez-Piza, John Spindler
Nº of Investments119
Nº of Exits16
Tenity Logo

7. Tenity

Tenity powers the future of finance by investing in and nurturing early-stage startups through its global innovation ecosystem. Their incubator and accelerator programs provide pre-seed to seed stage FinTech and InsurTech companies with crucial funding, mentorship, and network access.

HeadquartersZürich, Zurich, Switzerland
Year Founded2015
FoundersAndreas Iten
Investment AmountUp to CHF 300K initial + follow-on potential
Nº of Investments344
Nº of Exits15
Program TypeOn-Site
Duration (Weeks)16

Digital Magics champions Italy's digital innovation by incubating startups across a wide spectrum of industries, including FinTech, AI, and IoT. They provide crucial support and investment to help these early-stage companies build their products and scale their operations.

HeadquartersMilan, Lombardia, Italy
Year Founded2003
FoundersGabriele Ronchini, Alberto Fioravanti, Bibop Gresta, Enrico Gasperini
Nº of Investments93
Nº of Exits7
Duration (Weeks)12
Tribe Logo

9. Tribe

As Singapore's first government-supported blockchain accelerator, Tribe champions the growth of Web3 startups through its global ecosystem. They connect founders with vital resources and corporate partners while simultaneously developing the tech talent needed to build the future of the decentralized web.

HeadquartersSingapore, Central Region, Singapore
Year Founded2018
FoundersRyan Chew Zi Jie, Yi Ming Ng
Nº of Investments35
Nº of Exits6
Program TypeOn-Site

FinTLV Ventures backs promising startups at the crossroads of technology, insurance, and finance. They provide strategic capital and industry-specific guidance to help founders build transformative solutions for the global insurance and financial services markets.

HeadquartersTel Aviv, Tel Aviv, Israel
Year Founded2018
FoundersGil Arazi, Avishai Silvershatz, Gilbert Ohana
Nº of Investments21
Nº of Exits5
Program TypeOn-Site
Duration (Weeks)24

28 Additional InsurTech Accelerators and Incubators Worth Applying To

The programs we've highlighted are a great starting point, but they're just one part of a much bigger picture. Together, the accelerators and incubators below have funded over 700 startups and guided more than 30 to an exit.

You'll find options all over the world, with a large number based in the United States and others across Europe and Asia. Here’s a look at the rest of the programs helping founders build the future of insurance.

Accelerator/IncubatorCountryYear FoundedNº InvestmentsNº Exits
Queen City Fintech logo Queen City FintechUnited States2011555
Plug and Play Spain logo Plug and Play SpainSpain2012515
Kamet logo KametFrance2016244
ICONYC labs logo ICONYC labsUnited States2015533
Startupbootcamp InsurTech London logo Startupbootcamp InsurTech LondonUnited Kingdom2015303
Krungsri Finnovate logo Krungsri FinnovateThailand2017382
Accelerating Asia logo Accelerating AsiaSingapore2018982
1337 Ventures logo 1337 VenturesMalaysia2012932
BrokerTech Ventures logo BrokerTech VenturesUnited States2019271
Avanta Ventures logo Avanta VenturesUnited States2017291
Plug and Play logo Plug and PlayUnited States200691
HUB612 logo HUB612France2016231
Kickstart Innovation logo Kickstart InnovationSwitzerland201521
RevTech Labs logo RevTech LabsUnited States2012101
Global Insurance Accelerator logo Global Insurance AcceleratorUnited States2014621
Greyhorse Venture Fund logo Greyhorse Venture FundUnited States20222—
Embarca Ventures logo Embarca VenturesArgentina201817—
Proto Accelerator logo Proto AcceleratorUnited States20157—
Insurtech NY logo Insurtech NYUnited States201933—
Dogpatch Labs logo Dogpatch LabsIreland200910—
Lloyd's Lab logo Lloyd's LabUnited Kingdom201820—
Fin+Tech logo Fin+TechItaly202111—
Abanca Innova logo Abanca InnovaSpain20171—
FLYACTS logo FLYACTSGermany20111—
InsurTech Israel logo InsurTech IsraelIsrael20174—
Plug and Play Japan logo Plug and Play JapanUnited States201713—
Adanian Labs logo Adanian LabsKenya202021—
Edgehill Venture Partners logo Edgehill Venture PartnersUnited States2009——