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Global Insurance Accelerator is a startup accelerator founded in 2015, that focusing on insurance. Global Insurance Accelerator is a mentor-driven business accelerator that supports insurtech startups that target the global insurance industry.
Global Insurance Accelerator's investors are insurance carriers, and they are mentored primarily by insurance executives. The company works with early-stage insurtech companies who are building solutions to support the insurance industry. Global Insurance Acclerator operates an equity program in the spring and a non-equity program in the fall.
As of Jul 31 2018, its 12 startups have collectively raised an estimated $1,961,300, an average of $163,441 each. GIA's investors, which are insurance carriers, provide financial support to GIA, but each company is involved at various levels as mentors and potential partners and/or investors as well.