Shortly after the Plug & Play insurance startup accelerator announced its first cohort of more than 20 startup companies, the Global Insurance Accelerator, one of the first funding and mentoring programs for insurance technology startups, announced that it is growing.
Insurers EMC and Markel are joining the Global Insurance Accelerator (GIA) as investing companies, bringing the total number of insurers participating in the program that way to 10. Each company contributes $100,000 to help fund up to eight startups in a cohort.
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