KIA&B_SepOct2023-3 | Page 42

You can learn more about 101 Weston Labs and these cohort members by visiting 101WestonLabs . com or contacting Pat Cline at pcline @ 101westonlabs . com •
TECHNOLOGY

101 WESTON LABS HELPS DRIVE INNOVATION

INSURTECH ACCELERATOR HELPS EIGHT COMPANIES BRING NEW TECH TO INDEPENDENT AGENTS
This summer , our counterparts at the Independent Insurance Agents of North Carolina launched 101 Weston Labs , an insurtech “ accelerator ” aimed at supporting forward-thinking entrepreneurs in their effort to build scalable startups focused on enhancing independent agencies .
The inaugural cohort included eight such companies , and over a twelve week period they worked to further develop their minimum viable product ( MVP ) and also scale what some had already gone to market with .
Along with help from an influential group of agents and industry contributors on their Advisory Council , the cohort completed the process and “ pitched ” to an industry group at Demo Day in August . Here ’ s an overview of the insurtech companies that made up the cohort and are now partnering with independent agencies across the country :
Cake – a platform that connects buyers and sellers of agency books of business - haveyourcake . com
Digipraise – offers updated jewelry appraisals done completely remote and accepted by carriers - digipraise . com Quotamation – a personal lines quoting tool that speeds up and improves the data capture process - quotamation . com QuoteWell – a digital wholesale broker that provides a smoother process for brokering business - quotewell . com Refocus AI – reviews your renewing accounts and gives you a predictive report on who may be shopping or non-renewing - refocusai . com RiskAdvisor – innovative technology for personal lines intake forms - riskadvisor . insure Gaya – basically a supercharged copy and paste that reduces redundant entry - gaya . ai TEKRiSQ – a cybersecurity auditing technology that assists with underwriting and risk management - tekrisq . com

You can learn more about 101 Weston Labs and these cohort members by visiting 101WestonLabs . com or contacting Pat Cline at pcline @ 101westonlabs . com •

40 KANSAS INSURANCE AGENT & BROKER