BrokerTech Ventures is launching the first step in international expansion with a partnership between the BrokerTech Ventures U.S. Accelerator and the newly formed Israeli InsurTech Accelerator, based in Tel Aviv.
The accelerator will use BrokerTech Venture’s accelerator program to help local Israeli insurtech supporters build its own regional accelerator, while developing a connecting bridge between Israeli and U.S. startup founders and brokers.
“Israel has a tremendous amount of tech talent,” said John Jackovin, executive director of BrokerTech Ventures. “Inherently, insurance is global. Boundaries are becoming less significant, so it’s really important for us to understand that companies do business all over the world. … We definitely see it as an opportunity to identify great young companies that might add value to our network of brokers and insurance companies in the United States.”