Insurance accelerator adds 2 investing insurers
Business Record (October 5)
Two more insurance companies have signed on as investors in the Des Moines' Global Insurance Accelerator. Des Moines-based EMC Insurance Cos. and Markel Corp., which is based in Richmond, Va., will move forward as investors of the program, which will help provide seed funding to participating companies. With its newest additions, the accelerator now has 10 investors, each of which contribute $100,000 each year that they are involved in the program. The accelerator is now accepting applications for its third cohort, which will begin in January.