The accelerator, which is a project of the Independent Insurance Agents of North Carolina (IIANC), has just announced its inaugural cohort of eight technology companies that are innovating in areas like AI, data analytics, process automation, cyber liability, quoting, and more. The program will help advance their efforts with access to funding, agent product testers, advisors, and consulting from program stakeholders. TrustedChoice.com’s sponsorship will include significant funding of the project and its development of these new InsurTech solutions.
TrustedChoice.com said that their mission lines up perfectly with the goals of 101 Weston Labs, which prompted their involvement. “We are honored to support this important initiative that gives independent agents a proactive voice in development of the next generation IA-channel insurtech solutions,” said Chip Bacciocco, CEO of TrustedChoice.com.
“We are very excited that TrustedChoice.com is involved in this project as a Presenting Sponsor,” said Aubie Knight, CEO of IIANC. “We have a shared belief in promoting innovation for this industry, and their financial commitment to 101 Weston Labs is just further proof of their commitment to the independent insurance agency system.”
The inaugural 101 Weston Labs accelerator program will commence with a three-day in-person kickoff beginning June 12, 2023. It will culminate on August 28, 2023, with an in-person and virtual Demo Day where participants pitch their products to an audience of investors, corporates, agents, and other stakeholders.
More information may be found at 101WestonLabs.com or by contacting Pat Cline at pat@101WestonLabs.com.
###
Independent Insurance Agents of North Carolina (IIANC) empowers its members to rise above the competition by offering them the tools and resources to succeed in today’s insurance industry. IIANC is proud to serve as the unrelenting advocate and strategic business partner for nearly 1,000 Trusted Choice® independent insurance agency members across the state. IIANC member agencies represent more than one insurance company, and as a result, can offer clients a wider choice of auto, home, business, life, and health coverages while providing valuable guidance and advocacy. For more information, visit www.iianc.com.
101 Weston Labs is an InsurTech accelerator founded by IIANC to help develop technology advancements for the independent insurance agency community nationwide. The accelerator supports a cohort of technology companies innovating in areas like AI and data science, advancing their efforts with access to funding, agent product testers, advisors, and consulting from program stakeholders.
TrustedChoice.com builds leading digital insurtech marketing solutions for the independent insurance agency channel. TrustedChoice.com’s solutions suite empowers independent agents and insurers to compete in a digital-first marketplace. Its Advantage digital marketing platform enables agents and insurers to scale their brand visibility to gain and retain clients. The TrustedChoice.com consumer website has attracted over 37 million online insurance shoppers to date and offers consumers an intelligent and empowering insurance buying experience, connecting the right risk to the right agent at exactly the right time. For more information visit: https://www.trustedchoice.com/advantage/.
