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Plug and Play Insurtech

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Namestring
Plug and Play Insurtech
Company typeenum
Private
Founded yearint
2013
Descriptiontext

Plug and Play Insurtech is a dedicated insurance-industry accelerator and corporate innovation platform operating as a vertical within Plug and Play Tech Center. Founded in 2013 and headquartered in Sunnyvale, California, the program connects large insurance and financial institutions with early-stage insurtech startups through structured deal flow sessions, themed workshops, and face-to-face engagement events. Its core product is the curated matchmaking and program infrastructure that gives corporate partners visibility into emerging technology and gives startups access to pilot opportunities, capital, and distribution channels.

The business model is characteristic of a venture-backed accelerator: revenue is generated primarily through corporate partnership and membership fees paid by insurance incumbents seeking innovation pipelines, supplemented by program sponsorships and, in some cases, equity participation in accelerated startups. The organization employs between 251 and 500 people, reflecting its role as a scaled program operator rather than a single-product company. There is no indication of proprietary software products or standalone technology offerings; the value delivered is programmatic and relationship-based rather than product-based.

Plug and Play Insurtech operates within the broader Plug and Play ecosystem founded by Saeed Amidi, benefiting from cross-vertical deal flow, brand recognition, and shared infrastructure across fintech, healthtech, insurtech, and other industry programs. The company is privately held and serves two distinct customer segments: enterprise insurance/financial institution partners (revenue payers) and early-stage insurtech founders (program participants and, indirectly, equity or fee contributors). Given the absence of disclosed financials, product details, AI capabilities, or named customer logos in the available data, the analytical picture is necessarily bounded by what the public firmographic and descriptive inputs confirm.

Short descriptiontext

Plug and Play Insurtech is an insurance-focused accelerator and corporate innovation platform that connects large insurers and financial institutions with early-stage insurtech startups via deal flow sessions, workshops, and structured partnership programs.

Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersSunnyvale, United States
HQ citystring
Sunnyvale
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
startup accelerator, insurance innovation, venture platform, corporate partnerships, insurtech ecosystem
Industry2 codes
1Accelerators & Incubators (Investor-Operated)
CodeFSANAAAMPrimaryYes
2Corporate Fintech / Insurtech CVC (Financial-services-led CVC)
CodeFSANAHAKPrimaryNo
NAICS code1 code
  • Other Insurance Related Activities52429
SIC code1 code
  • Services-Management Consulting Services8742
Product category
Insurance Technology Accelerator
Social media profiles2 records
Cost components4 values
Personnel, Operations, Marketing or Sales, Technology or R&D
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Plug and Play Insurtech operates an industry-specific startup accelerator and corporate innovation program for the insurance sector. It connects established insurance carriers and financial institutions with early-stage insurtech startups through curated deal flow sessions, themed workshops, and face-to-face engagement events. The program supports startup growth, pilots, and commercial partnerships between incumbents and emerging technology vendors.

Differentiator
Functional benefit
Problem solved
Product and service1 record
1Plug and Play Insurtech Accelerator Program
CategoryInsurance Technology Accelerator
Description

Industry-specific startup accelerator that connects insurance carriers and financial institutions with early-stage insurtech startups through curated deal flow sessions, themed workshops, and face-to-face engagement events. Designed for corporate insurance innovation teams and early-stage insurtech founders seeking pilots, partnerships, and capital.

Recent move3 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight3 records

Each record includes

Type, Description

Market position
Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment100 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Plug and Play Insurtech

Insurance Technology Acceleratorplugandplaytechcenter.com

Plug and Play Insurtech is an insurance-focused accelerator and corporate innovation platform that connects large insurers and financial institutions with early-stage insurtech startups via deal flow sessions, workshops, and structured partnership programs.

What Plug and Play Insurtech does

Plug and Play Insurtech is a dedicated insurance-industry accelerator and corporate innovation platform operating as a vertical within Plug and Play Tech Center. Founded in 2013 and headquartered in Sunnyvale, California, the program connects large insurance and financial institutions with early-stage insurtech startups through structured deal flow sessions, themed workshops, and face-to-face engagement events. Its core product is the curated matchmaking and program infrastructure that gives corporate partners visibility into emerging technology and gives startups access to pilot opportunities, capital, and distribution channels.

The business model is characteristic of a venture-backed accelerator: revenue is generated primarily through corporate partnership and membership fees paid by insurance incumbents seeking innovation pipelines, supplemented by program sponsorships and, in some cases, equity participation in accelerated startups. The organization employs between 251 and 500 people, reflecting its role as a scaled program operator rather than a single-product company. There is no indication of proprietary software products or standalone technology offerings; the value delivered is programmatic and relationship-based rather than product-based.

Plug and Play Insurtech operates within the broader Plug and Play ecosystem founded by Saeed Amidi, benefiting from cross-vertical deal flow, brand recognition, and shared infrastructure across fintech, healthtech, insurtech, and other industry programs. The company is privately held and serves two distinct customer segments: enterprise insurance/financial institution partners (revenue payers) and early-stage insurtech founders (program participants and, indirectly, equity or fee contributors). Given the absence of disclosed financials, product details, AI capabilities, or named customer logos in the available data, the analytical picture is necessarily bounded by what the public firmographic and descriptive inputs confirm.

Plug and Play Insurtech firmographics

Firmographics
Name
Plug and Play Insurtech
Website
https://plugandplaytechcenter.com
Company type
Private
Founded year
2013
Headcount range
251–500 employees
Short description
Plug and Play Insurtech is an insurance-focused accelerator and corporate innovation platform that connects large insurers and financial institutions with early-stage insurtech startups via deal flow sessions, workshops, and structured partnership programs.
Ownership category
akta.pro rank

Plug and Play Insurtech industry classification

Industry
Product category
Insurance Technology Accelerator
NAICS
Other Insurance Related Activities (52429)
SIC
Services-Management Consulting Services (8742)
akta.pro primary industry
Accelerators & Incubators (Investor-Operated) (FSANAAAM)
akta.pro secondary industry
Corporate Fintech / Insurtech CVC (Financial-services-led CVC) (FSANAHAK)

Keywords

  • Startup accelerator
  • Insurance innovation
  • Venture platform
  • Corporate partnerships
  • Insurtech ecosystem

Where Plug and Play Insurtech is headquartered

Location

Headquarters

HQ city
Sunnyvale
HQ country
United States
HQ region
North America

Markets served

Plug and Play Insurtech business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Technology or R&D

Plug and Play Insurtech product offering

Product offering

Core offering

Plug and Play Insurtech operates an industry-specific startup accelerator and corporate innovation program for the insurance sector. It connects established insurance carriers and financial institutions with early-stage insurtech startups through curated deal flow sessions, themed workshops, and face-to-face engagement events. The program supports startup growth, pilots, and commercial partnerships between incumbents and emerging technology vendors.

Differentiator

Problem solved

Functional benefit

Products and services

  • Plug and Play Insurtech Accelerator Program Industry-specific startup accelerator that connects insurance carriers and financial institutions with early-stage insurtech startups through curated deal flow sessions, themed workshops, and face-to-face engagement events. Designed for corporate insurance innovation teams and early-stage insurtech founders seeking pilots, partnerships, and capital.

Companies that use Plug and Play Insurtech

Customer profile

Ideal customer profiles2 records

Plug and Play Insurtech technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Plug and Play Insurtech partnerships and signals

Strategic signal

Recent moves3 records

Expansion highlights3 records

Plug and Play Insurtech competitors and assessment

Company assessment

Market position

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Plug and Play Insurtech social profiles

Digital presence

Plug and Play Insurtech financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Plug and Play Insurtech leadership team

Management profile

Number of profiles

Profiles1 record

Plug and Play Insurtech funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Plug and Play Insurtech M&A and investment

M&A and investment

M&A

Investments100 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Plug and Play Insurtech

What does Plug and Play Insurtech do?

Plug and Play Insurtech operates an industry-specific startup accelerator and corporate innovation program for the insurance sector. It connects established insurance carriers and financial institutions with early-stage insurtech startups through curated deal flow sessions, themed workshops, and face-to-face engagement events. The program supports startup growth, pilots, and commercial partnerships between incumbents and emerging technology vendors.

When was Plug and Play Insurtech founded?

Plug and Play Insurtech was founded in 2013. It employs 251 to 500 people.

Where is Plug and Play Insurtech based?

Plug and Play Insurtech is headquartered in Sunnyvale, United States, in the North America region.

Does Plug and Play Insurtech have an API?

No public API is recorded for Plug and Play Insurtech.

What industry is Plug and Play Insurtech in?

Plug and Play Insurtech's product category is Insurance Technology Accelerator. Its primary akta.pro industry code is FSANAAAM, Accelerators & Incubators (Investor-Operated), with a secondary code of FSANAHAK, Corporate Fintech / Insurtech CVC (Financial-services-led CVC). Its NAICS code is 52429 and its SIC code is 8742.

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Live signals
LinkedInnewcase.ai raises $1.15M to revolutionize insurance litigation with AInewcase.ai has raised $1.15M in a pre-seed funding round led by Social Leverage and participated in by The LegalTech Fund and Plug and Play Insurtech. The company aims to develop an AI platform for insurance litigation, targeting inefficiencies and private case data in the legal process.Plugandplaytechcenter5 Key Insurance Industry Trends in EMEA RegionsA Plug and Play report outlines five key insurance trends in EMEA for 2022: ecosystem adoption, new product lines including cyber, pet and parametric insurance, predictive prevention analytics, and acquisition-driven innovation. It cites funding rounds such as Socotra's $50m, Eye Security's €17m, and Lemonade's Metromile buyout, plus CVC-backed deals now over 20% of global VC.PR Newswire18 Startups Selected for Batch Two of the "Insurtech Europe powered by Plug and Play" ProgramPlug and Play announced the selection of 18 startups for the second batch of its "Insurtech Europe" program based in Munich. The initiative aims to facilitate pilots and business development opportunities between these startups and corporate partners such as Allianz, Munich Re, and Swiss Re. Selected companies will participate in the program until a graduation event scheduled for July 9, 2019.PR NewswirePlug and Play Insurtech Signs Achmea As Their First Partner From The NetherlandsAchmea, the largest insurance provider in the Netherlands, has joined Plug and Play's global innovation platform as a partner, with plans to leverage the ecosystem to expand product offerings and meet with insurance startups. The partnership, announced April 8, 2019, will give Achmea access to Plug and Play's 12-week Insurtech programs run from Silicon Valley. Achmea employs approximately 14,000 staff in the Netherlands and operates in five other countries under brands such as Interpolis and Centraal Beheer.PR Newswire17 Startups Selected for Batch One of the "Insurtech Europe powered by Plug and Play" ProgramPlug and Play Insurtech and Insurtech Hub Munich announced the selection of 17 startups for Batch One of the "Insurtech Europe powered by Plug and Play" program, chosen from over 500 startups screened by the organizing entities in collaboration with founding and anchor corporate partners. The three-month accelerator program connects startups with corporate partners including Allianz, Munich Re, Versicherungskammer Bayern, Talanx, Irish Life, Willis Towers Watson, and Swiss Re to evaluate proof-of-concepts, pilot projects, and investment opportunities, with no equity or cost required for participation. The cohort will graduate at the program's EXPO on January 23, 2019.PR NewswireM Financial Group Partners with Plug and Play Insurtech to Enhance Client Experience in Life Insurance SpaceM Financial Group, a life insurance distributor and reinsurer headquartered in Portland, Oregon with 155 member firms across the U.S., U.K., and U.A.E., has partnered with Plug and Play Insurtech as its 55th corporate partner to access startup innovation for the life insurance industry. M Financial is the first partner in Plug and Play's platform that serves as both a distributor and reinsurer of life insurance products, giving it a unique position in the ecosystem. The partnership will enable startups accepted into Plug and Play's program to pilot their technology with M Financial, while M Financial aims to accelerate innovation in both product and process to differentiate itself and fuel growth.PR NewswirePlug and Play Insurtech signs its 45th Corporate PartnerPlug and Play Insurtech announced it has grown to 45 corporate partners and expanded into three verticals: General Insurtech, Property & Casualty, and Life/Health/Group Benefits. Four new partners joined the program: Beazley, Canada Life Re, EMC Insurance Companies, and Guy Carpenter & Company, with Guy Carpenter's CEO highlighting the value of connecting clients with insurtech innovators. The platform, established in 2016, hosted 125 sessions between startups, corporations, and VCs in 2017, with startups set to pitch at the upcoming Summer Summit.PR NewswirePlug and Play Insurtech Targeting Sector Specific Innovation: Life, Health, Group Benefits Demo DayPlug and Play Insurtech announced it will host a Demo Day event on April 27, 2017, in Sunnyvale, California, focusing on Life Insurance, Health Insurance, and Group Benefits, featuring panel discussions with insurance executives and startup pitches. The innovation platform has grown to 40 corporate partners and over 50 startups since its launch in May 2016. The event will include panels with executives from Munich Re, Principal Financial, and Cambia Health Solutions discussing business transformation and new technologies in the insurance sector.GlobeNewswireVivametrica First Batch Accepted Into Plug and Play Insurance StreamVivametrica was accepted into Plug and Play's first insurance stream, selected from 800 applicants. The program, with partners like MunichRe and USAA, aims to set a precedent for innovation. Vivametrica will attend the Insurance Expo on Dec. 14, 2016.