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Run Time: 15:13
Global Insurance Accelerator Matures and Expands
The Global Insurance Accelerator (GIA) is a three-year-old Des Moines, Iowa-based insurance company-funded facilitator of business startups that aim to serve the global insurance industry. Each year GIA selects six applicants to participate in the 100-day program in which participants work with mentors to develop their business model. The startups receive $40,000 in seed money and for the first time this year, housing for the duration of the program. At the end of 100 days, each company presents its business plan at the annual Global Insurance Symposium in Des Moines. “Demo day” this year is slated for April 26.
Here, GIA Managing Director Brian Hemesath and Nabil Aidoud, a principal at InsuranceMenu and a participant in this year’s GIA cohort, discuss the program — how it has grown in quantity and quality, and the value it brings to its stakeholders. Listen to this podcast with Insurance Journal's Stephanie Jones.