Hartford, CT, March 12, 2019 — Nassau Re has selected InsurTech Hartford to manage the launch and service delivery for Nassau Re/Imagine, an insurtech incubator based in the company’s iconic Boat Building headquarters in Hartford, Connecticut.
“We intend Nassau Re/Imagine to build on all the great progress made over the last several years in the Hartford area. After sponsoring several events organized by InsurtTech Hartford, it was only natural for us to leverage their skills and talent to make our incubator a success,” said Paul Tyler, Chief Marketing Officer for Nassau Re, who leads the program.
“It is exciting to help launch the Nassau Re/Imagine insurtech incubator,” says Stacey Brown, InsurTech Hartford founder. “We have worked diligently for the past two years to drive innovation, thought leadership, and action in the region. This opportunity will allow us to raise our impact to the next level.
“The incubator provides a long-awaited addition to the already booming insurtech community in Hartford. It will provide the much-needed boost for promising early-stage startups and help advance technologies in the life, annuity and reinsurance sectors. Nassau Re/Imagine intends to support the next generation of talent and to help position Hartford as the leading global insurtech center,” Brown said.
Nassau Re/Imagine supports selected startups focused in the life insurance, annuity and reinsurance industries with complimentary office space and business development services. It is currently accepting applications for the program. For more information, visit https://nassau.re/imagine.
About Nassau Re
Nassau Re’s mission is to build a franchise across the insurance value chain. With extensive experience as owner-operators of numerous insurance and financial services businesses, Nassau Re believes it has a competitive advantage in building a unique platform over the long term.
Nassau Re currently has combined assets of approximately $20 billion and capital of approximately $1.3 billion. Its business covers four segments: insurance, reinsurance, distribution and asset management through various affiliates including Nassau Life and Annuity Company, Constitution Life Insurance Company, Saybrus Partners, Nassau Asset Management Company, Nassau CorAmerica and Nassau Corporate Credit.
Nassau Re was founded in 2015 with capital provided by Golden Gate Capital, a private investment firm with over $15 billion of committed capital. For more information, visit www.nsre.com.
About InsurTech Hartford
InsurTech Hartford is a community-focused organization for advancing the insurance industry through innovation and entrepreneurship with a mission to enrich lives and promote economic growth. InsurTech Hartford was established in December 2016 in Hartford, Connecticut by local insurance professionals with intent to develop a robust InsurTech ecosystem through industry stakeholder engagement, thought leadership, and by promoting startup growth in the region. InsurTech Hartford is currently ranked among top 50 global influencers in insurtech. In January 2019, it became the first North American organization to join the Global InsurTech Alliance (GITA). For more information, visit www.insurtechhartford.com.