Insurtech ecosystem company BrokerTech Ventures (BTV) has announced a partnership with Ireland-based insurance innovation company Instech.IE.
It will provide insurtech companies across the Atlantic with the necessary resources and support to access new markets, foster innovation and drive growth.
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The collaboration offers Irish insurtech companies an opportunity to enter the US market, leveraging BTV’s network of industry experts and knowledge.
Conversely, US-based companies seeking to expand into Europe will benefit from Instech.IE’s established connections and insights within Ireland and Europe.
The partnership aims to provide start-ups with a soft landing in both Europe and North America.
Additionally, it will create a platform for knowledge exchange, where BTV and Instech.IE will jointly share learnings, strategies and innovation case studies pertinent to both the US and European insurance landscapes.
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By GlobalDataThis collaboration marks BTV’s third global relationship, with existing ties to Insurtech Israel and the LATAM Insurtech Accelerator.
BrokerTech Ventures co-founder and co-CEO Dan Keough said: “We are thrilled to announce our relationship with Instech.IE. At BrokerTech Ventures, we are committed to advancing insurtech opportunities and innovation.
“Our relationship with Instech.IE creates a valuable pipeline for start-ups to reach new markets, allowing them to thrive and grow by tapping into the expertise and networks unique to each region. We believe that global collaboration will continue to spur insurtech innovation, helping us identify risks sooner and drive down costs faster.”
Instech.IE CEO Gary Leyden said: “This relationship with BrokerTech Ventures reflects our dedication to supporting Irish companies as they navigate global expansion. At the same time, we are excited to introduce US insurtechs to the unique opportunities Ireland offers as a gateway to Europe. Together, we are not just opening doors – we are creating a pathway for sustained, impactful growth.”
In June this year, BrokerTech Ventures and the National Alliance for Insurance Education & Research introduced an insurtech course titled Introduction to Insurance for Insurtech Professionals.
