What is the difference between InsurTech Hartford, Hartford InsurTech Hub, Startupbootcamp, Upward Hartford and CT IFS?
We get this question often. Here is our explanation.
InsurTech Hartford is a grass roots organization. It is founded and run by local insurance professionals. The community-focused part of the organization works to incubate a robust InsurTech ecosystem by bringing people together, educating, and promoting startup growth in the region. InsurTech Hartford also offers professional services to help industry organizations innovate.
Hartford InsurTech Hub
In 2017, CT Innovations ran a contest known as Innovation Places which awarded communities funding if they were able to show how the money would be put to good use in helping develop as an innovative community.
A group of representatives from various companies pooled together to help support Hartford develop as an innovative place. The end result was a win for Hartford - a grant focused on three industries: InsurTech, Healthcare, and Advanced Manufacturing. This grant is annual and is matched by corporate partners.
The Innovation Places InsurTech effort is known as Hartford InsurTech Hub.
Startupbootcamp is a network of industry-focused startup accelerators. Headquartered in London, England, the company runs 26 programs across the globe. They support early-stage tech founders to rapidly scale their companies by providing direct access to an international network of the most relevant mentors, partners, and investors in their industry. Through the funding and support of Hartford InsurTech Hub and some external partners, Startupbootcamp runs an InsurTech accelerator in Hartford.
Upward Hartford is a coworking space that also has its own programming, such as Upward Labs, public events focused on small business, startups, and technology, as well as non-business events such as game and comedy nights.
Upward Hartford is the location where Hartford InsurTech Hub runs the accelerator program. It also happens to be a partner of InsurTech Hartford. Most InsurTech Hartford events are run from their space.
Connecticut Insurance & Financial Services (CT IFS), formed in 2003, is a statewide initiative of the MetroHartford Alliance comprised of 32 member companies in Connecticut’s insurance and financial services sector. CT IFS’ Board of Directors engages around a shared vision: to create competitive advantages in business attraction and retention, to sustain recruitment and education of a trained workforce and to increase public awareness of the industry’s critical economic importance. CT IFS is a private organization who does a lot for the community. CT IFS weaves InsurTech programming into its events.