Hartford InsurTech Hub Announces 2020 Cohort: Insurance Seeks to Transform from Risk Reaction to Risk Prevention
Nov 15, 2019
TauruSeer selected to the Hartford InsurTech Hub accelerator with access to powerhouse partners interested in transforming the industry digitally, and culturally, from risk reaction to risk prevention:
TauruSeer's leadership team's theory: "The Shift from Cybersecurity to Digital Resilience: Why Insurance Companies are Paying Attention," was spot-on. The insurers and collaborating partners: Aetna, Capgemini, Conning, Cigna, The Hartford, Launc[H]artford, Travelers, InsurBot, LKP Global Law, Locke Lord LLP, USAA, White Mountains voices were heard and the Hartford InsurTech Hub selected TauruSeer as on of the eleven startups for their cohort.
Hartford InsurTech Hub, powered by
Startupbootcamp, announces its 2020 cohort of startups. The 11 successful companies were selected from over 350 applications from 57 countries and will relocate to Hartford, CT for the accelerator program starting in February of 2020. Eight of these companies are from the United States and one from each South Africa, Canada, and India. The startups selected possess a wide range of capabilities supporting cyber insurance, product liability, reinsurance, health, and property-casualty insurers.
Startups will participate in a wide variety of workshops, which will focus on topics ranging from marketing to IP law to business development. These workshops will change the way the teams understand the insurance ecosystem. There will also be introductions to industry mentors, leaders, and investors who are interested in helping the startups grow their business utilizing the accelerator’s global network.
Meet the 11 startups selected to join the Hub’s acceleration program for its third year:
- Allganize: (allganize.ai) Insurance companies are getting millions of calls, and over half of those are ‘how-to’ questions, many of which are answered in the documentation. Customers rather not do something that takes time and effort, like reading instructions, manuals, FAQ documents. Allganize’s AI automatically finds the answer from myriads of documents. They will be coming from Oakland, California.
- Digisure Insurance Solution: (digisure.ai) Digisure’s technology platform provides Insurance-as-a-Service to digital platforms that have trust, safety or liability factors. Their APIs provide identity authentication, generates risk profiles for participants, develop risk scoring, a decision engine for underwriting rules and dynamic pricing for individual transactions, delivers protection packages, and handles claims. Digisure is coming to Hartford from San Francisco, California.
- EDLORE: (edlore.com) EDLORE is a platform to view 3D images that provide a platform for O&Ms, 3D/AR, part numbers, videos, pictures, animations, etc. EDLORE will be coming to Hartford from Dana Point, California.
- InvestSure: (investsure.info) InvestSure created a world-first insurance product supported by global reinsurer Hannover Re. The product is parametric and protects investors from losses in the share price which are caused by allegations of management dishonesty (including accounting fraud, bribery, etc). InvestSure will be moving to Hartford from Johannesburg, South Africa.
- iPill: (ipilldispenser.com) The iPill is a digital health, mHealth, and hardware system. The App controls a secure storage safe disposal dispenser to prevent opioid abuse and diversion. An integrated wearable sensor calls 911 if respiratory distress is detected. A CBT module distracts opioid use and iPill uses blockchain for data storage. iPill will be relocating to Hartford from Los Angeles, California.
- Livindi: (livindi.com) Livindi is a platform of software, sensors, and services that enable seniors to live independently. Livindi is originally from Wayland, Massachusetts.
- Mitigateway: (mitigateway.com) Engineers are employed to physically inspect properties only for insurers of large specialty risks with high premiums. Engineer’s reports are used to reduce claims. Mitigateway is applying the specialty insurers model to the commodity insurer market. Mitigateway is originally from Toronto, Canada.
- Stable Insurance: (stableins.com) Stable Insurance is a distribution and analytics platform for consumers of commercial auto insurance. Stable focuses on the rideshare and on-demand economy/mobility segment of the commercial auto space. They allow customers to quickly get a policy for any vehicle in their fleet and offer risk analytics to better understand their risk profile. Stable Insurance will be moving to Hartford from New York City.
- TauruSeer: (tauruseer.com) Traditional Governance, Risk, and Compliance (GRC) approaches to risk management are insufficient as companies grapple with a myriad of ‘point solutions’ and tools amid a false sense of security. Instead, they need an Integrated Risk Management (IRM) Platform that aligns with modern cybersecurity architecture, management objectives of Secure DevOps, and next-gen software governance to deliver business goals. TauruSeer will be joining Hartford from Jacksonville, Florida.
- UDoTest: (udotest.com) UDoTest is a B2B at-home disease testing SaaS Platform. UDoTest can detect disease risk early, improve the consumer experience, cut costs, improve the underwriting process and increase sales. UDoTest is from Boston, Massachusetts.
- Wysa: (wysa.io) 1 in 4 people will suffer mental distress. Wysa is an early intervention for high-risk populations (students, maternal health, high-stress workplaces). Similar to a journal, Wysa builds insights and shares techniques with its users and Wysa also offers real therapists for further support. Wysa is coming to Hartford from Bangalore, India.
The City of Hartford's Mayor,
Luke Bronin, congratulated the teams and is very interested in having insurance industry leaders partnering with these startups.
Source: Hartford InsurTech Hub powered by Startupbootcamp
Additional Links:
SHARE!
More news and blogs
Start Left Security, a pioneer in the product security / cybersecurity space has been selected to participate in the Microsoft for Startups Pegasus Program
Gula Tech Adventures, Lytical Ventures, and Dasein Capital lead Seed investment in Start Left™ Security, supported by other strong investors: DeepWork Capital, Florida Opportunity Fund, and Bootleg Advisors. JACKSONVILLE, FL, June 27, 2023—Start Left™ Security, powered by the patented Tauruseer Application Security Posture Management (ASPM) Platform and SPACE™ Behavioral Analytics, today announced that it has oversubscribed and closed $3.0 million Seed financing led by notable cybersecurity, data analytics, and artificial intelligence (AI) venture capitalists and industry experts. This demonstrates the market’s confidence in Start Left™ Security's vision and its ability to deliver innovative solutions that address evolving security threats.
Introducing Start Left™ Security: Embracing a New Name, a New Perspective in Security
Achieve SOC 2 Compliance and Security Posture Management Maturity with Minimal Spend Leveraging Tauruseer's differentiated Cloud-Native Application Protection Platform (CNAPP): Security Posture Analytics + Cognition Engine (SPACE ™ ), Purpose-Built for Growth SaaS Startups and Small to Midsize Businesses.
Designed to enable cloud-native innovators to quickly scale, become enterprise-ready, and transact on the Azure marketplace.
“ Cloud security posture (CSPM) incumbents launched traditional approaches leaving huge gaps, as they don’t understand the needs of modern DevOps pipelines or developers.
Business Leaders: Is your DinoCISOaur holding your company back, slowing innovation, upsetting developers, and placing business at risk?
JACKSONVILLE, FL, June 9, 2020 – Tauruseer is the proud official presenting partner for SAE International's 2020 Government and Industry virtual conference! This conference is an opportunity to explore how technology, regulations, and legislation will affect the design of aerospace and defense solutions in terms of software, hardware, and product integrity. Tauruseer co-founders have been invited to present at the SAE G-33 to the entire Configuration Management Committee on how a model-based enterprise, adopting concepts such as " Shift Left ", the Product Centric Risk Model ™ , Inventory of Intelligence ™ , Centralizing Monitoring , and Continuous Assurance drives the way DevOps is supposed to be. Tauruseer will demonstrate what true DevOps looks like and how Tauruseer's platform can provide demonstrable evidence of DevOps done right. Furthermore, they will walk through how Continuous Assurance enables organizations to fully embrace DevOps through holistic change, resulting in quantifiable benefits: Enhanced Situational Awareness across product portfolio Enterprise Visibility (human, product, and process threats) Efficiency gains (productivity on the right things) Decreasing costs (intentionally designed controls) Reduced complexity (robust decision support) VERIFIED Governance, Risk, and Compliance "GRC" (Continuous Assurance) Tauruseer will highlight real-world examples that shine a light on how technology that we depend on everyday can make a difference between life and death. While DevOps seeks to balance throughput, stability, quality, and speed, Tauruseer assures organizations there is not compromise in security, performance, and compliance while doing so- especially when lives are at stake. Sharing stories enables better collaboration when standards, regulations, and legislation needs updating to align with continuously evolving product development practices. JOIN THE CONFERENCE! TAURUSEER PRESENTATIONS TIME: 1:55pm EDT TOPIC: Software SecDevOps and Configuration Management (CM) – Understanding the Challenges Speakers: Larry Gurule, Jeremy Vaughan & Alex Borhani TIME: 3:10pm EDT – 4:00 pm EDT TOPIC: Software SecDevOps and Continuous Assurance (CA) – Achieving Management’s Goals and Continuous Improvement through appropriate Configuration Management (CM) Speakers: Larry Gurule, Jeremy Vaughan & Alex Borhani Virtual Details: WebEx G33 Meeting Meeting number: 622 476 853 Meeting password: June2020 Call-in number: 1-866-469-3239 INFO: SAE International's G33 standards are adopted and enforced by NATO, NASA, FAA, DOE, DOD, aspects of the European Union, and the European Space Agency for large federal suppliers contracted to provide tamper-proofed audit trails, traceability, and trusted reporting of managed compliance as it relates to Software Configuration Management and Continuous Assurance. Visit Tauruseer's website and ask for a demo to showcase a variety of GRC for DevOps use cases: Proactive Security Continuous Compliance Conduct & Culture Insider Threat Reporting
Part 1 in this series: “ Risk Enabled Growth: Business Strategies to Leveraging Risk & Capitalizing on Digital Growth Opportunities " included the perspectives of cybersecurity and integrated risk management expert Jeff Sauntry of Risk Neutral, privacy, risk, and compliance experts Rob Harvey and Greg Kraft of Online Business Systems, and business strategy, product innovation, and product security expert Jeremy Vaughan from Tauruseer Inc. Watch if your role involves: - Maximizing value creation achieved at the synergy of talent, tangible, and intangible assets - Enabling trusted digital experiences for employees, partners, and customers - Oversight for Strategic, Operational, Financial, Compliance or Reputation Risk as part of your organization's 3-Lines of Defense (3LoD) - Mitigating the potential disruptive impact of events and unlocking the economic potential of your organization's resources and assets
Start Left™ Security is committed to equipping product teams with the tools they need to excel in delivering world-class software while propelling the careers of developers forward. Our AI-powered SaaS platform, backed by multiple patents, offers a robust suite of capabilities spanning software supply chain security, product security, security posture management, and secure code training in a gamified DevSecOps experience.
