Insurtech NY, an insurtech community that is located in the New York metro area, announced on Wednesday the winners of the 2020 Insurtech Competition. As previously reported, more than 200 startups applied to compete in a two-track competition, pitting early and growth-stage companies against each other, for over $300,000 in prizes.
Agilius, a commercial real estate insurance startup took the top prize in the early-stage category, along with Prostosure and Sigo, which ranked second and third, respectively.
The winners for the growth-stage were Matterport, a 3D technology company, which ranked first, and Deadhappy and Weathercheck, tied for second place. Speaking about the winners, David Gritz, Co-founder of Insurtech NY, stated:
“Congratulations to the winners of this year’s InsurTech NY competition. Insurance technology is one of the most robust and underserved investment areas, and competitions such as these highlight the most impressive companies that are pushing this industry forward.”
Itai Ben-Zaken, Co-Founder and CEO of Agilius, added:
“We are excited and humbled to win first place in the early-stage competition track. InsurTech NY has been a tremendous opportunity for us to get many more people excited about our unique offering.”