BrokerTech Ventures (BTV), the Des Moines, Iowa-based broker-led investor group and accelerator program, has added five new investor partners/sponsors, including Heffernan Insurance Brokers Inc., The Horton Group, Inc., IMA Financial Group, MJ Insurance and Woodruff Sawyer.
BTV also has appointed Susan Hatten as chief operating officer (COO). Hatten previously served as the BTV interim executive director during the formation of the company.
BTV was established in 2019. In an announcement, Dan Keough, Holmes Murphy chairman and CEO and BTV co-CEO, said with the addition of the new agency partners, the overall investment in the venture has risen $2.1 billion.
The broad distribution provided by the entire BTV partner network is critical for the startup teams or cohort participating in the BTV Accelerator, currently in progress in Des Moines, Iowa, with a follow-along curriculum taking place in a “road show” format between May-August of 2020.
Twelve startups were selected to take part in the inaugural BTV Accelerator, representing both property and casualty (P&C) and employee benefits/clinical technology solutions.
The newly-announced investor partners and sponsors join the current owners — Holmes Murphy, M3 Insurance, PayneWest Insurance, ABD Insurance & Financial Services, Conner Strong & Buckelew, Assurance, Graham Company, InterWest Insurance Services, and Hylant Insurance.
Source: BrokerTech Ventures
Related:
Was this article valuable?
Here are more articles you may enjoy.
Surplus Lines Commercial Growth; Fla. Litigation Costs Reach New High in 2023 
Study Urges Rethinking of Disaster Management in Era of Compounding Events 
Project 2025 Plan to End NFIP Welcomed by Some, Rejected by Others in Insurance 
Travelers Reverses Q2 Income Loss, Narrows Underwriting Loss 
