Hartford InsurTech Hub, powered by Startupbootcamp, announces its latest collaboration with international law firm, Clyde & Co. The London-headquartered firm will act as Hartford InsurTech Hub’s exclusive legal partner, providing Hartford program startups with needed legal advice.
“We are elated to welcome such a prestigious law firm as Clyde & Co on-board as our newest collaborator,” shared Startupbootcamp InsurTech CEO Sabine VanderLinden. “The wealth of specialist insurance knowledge that the Clyde & Co team brings will be invaluable and a great fit to deliver much needed legal expertise to the startups.”
Clyde & Co, a global law firm with insurance sector expertise covering a broad range of corporate and insurance regulatory areas, including entity licensing and products, aims to provide comprehensive coverage of the issues that are most pressing for the startups. These challenges might include, but are not limited to: incorporating in different jurisdictions, as not all of the startups are US based; and direction on looking to do business in a highly regulated industry, such as insurance.
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“We are delighted to be working with Hartford InsurTech Hub, and hope to provide guidance to the startups on their most pressing legal challenges and be part of the development of their businesses,” Clyde & Co Partner Vikram Sidhu. “By providing legal mentoring, clinics and resources on insurance regulation and corporate matters, we aim to help the startups navigate the world of insurance laws and regulations as they launch their dreams.”
The announcement follows the news that leading claims management firm, Crawford & Company, has partnered with Hartford InsurTech Hub in recent months. Clyde & Co joins the list of respected industry names working with Hartford InsurTech Hub, in addition to Crawford & Company: Cigna, The Hartford, Travelers, USAA, White Mountains and CTNext.
Hartford InsurTech Hub’s inaugural Demo Day will take place next month on April 18th, showcasing the 10 startups in fields including Artificial Intelligence, Big Data Analytics and Natural Language Processing combined with Cyber Security, Smart Home and Health Insurance.