Startup accelerator Plug and Play is launching an insurance-specific program in partnership with MunichRe, Sompo Insurance and USAA.

The new initiative, Plug and Play Insurance, is made up of a network of insurers, brokers and automakers built around a 12-week startup accelerator program. Twice a year, a roundtable will assess up to 1,000 applications from startups looking to innovate in the industry and decide which ones are accepted.

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