1. InnSure Innovation Hub
  2. Incubation & Acceleration

How does InnSure's climate-insurance innovation accelerator work?

Cohort programs can be tailored to targeted outcomes.

Creation Labs Innovation Accelerator

InnSure's structured acceleration program for climate and insurance tech innovators includes:

Core Components:

  • Multi-month* cohort-based programs focused on support 5-10 innovators working in the following areas:
    • In-market insurance solutions (often by MGAs) that support InnSure's impact pillars
    • Technology solutions in-support of insurance solutions
    • Climate tech solutions supporting policyholder and community risk mitigation 
  • Each enrolled company receives a needs assessments benchmarking the innovator's capabilities in the following areas:
    • Core business services
    • Technology services and systems
    • Product development
    • Capacity/Risk capital (Insurance innovators)
    • Product launch/go-to-market
    • Product distribution
    • Talent management
  • Innovators work with InnSure's acceleration team to develop detailed acceleration plans around innovator-specific milestone-based project plans. 
  • Monthly monitoring of progress and updating of capability/needs assessment against milestones and deliverables in project plans. 
  • Monthly or quarterly cohort reporting and debriefs for program funders on progress. 

Acceleration Support Services:

  • Month workshops on topics relevant to cohort members
  • Curated introductions to pilot customers, solution providers and business services consultants
  • Dedicated mentorship from insurance executives, climate tech experts and other stakeholders
  • Demo days with specialized climate tech and insurtech investors, capacity providers and potentials clients.
  • Post-program support via alumni network and follow-on funding and risk capital procurement opportunities.
* Acceleration periods can run from 6-18 months.