The 2023 cohort members include: Amelio Health, Informedic, Invive, Lightship Neuroscience, ReBLDing, ReFocus AI, and SOFT EDGE.

The GIA supports a small selection of InsurTech startups every year with funding, mentorship, and a 100-day accelerator program to help develop and prepare the early-stage companies for the next stage of their growth. The program culminates with a presentation at the Global Insurance Symposium in front of industry experts, insurance executives, potential customers and investors. This year’s symposium will be held April 18 in Des Moines and is open to anyone interested in InsurTech.

Over the course of nearly a decade, the GIA has made a global impact. “The GIA has assisted in the development of 65 companies over nine annual cohorts. Seventeen of those are international companies,” explained Dave DeCapp, FMH Senior Vice President and GIA board member and mentor. “Several startups have been successfully purchased by other companies in addition to the considerable number of early-stage companies that have grown significantly in customers and revenue since being a part of the program.”

As an investor, FMH aids in the selection process and has first access to the new technologies and solutions from these startups.

“FMH believes that actively participating in the GIA both supports overall insurance industry innovation as well as provides FMH an excellent opportunity to access early-stage company solutions,” DeCapp added. “This positions FMH to leverage these cutting-edge technologies to better serve our agents and customers.”