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ClarionDoor to Mentor Insurtechs with InsurTech NYSANTA BARBARA, Calif., July 09, 2020 (GLOBE NEWSWIRE) -- As more insurtechs plan an entrance into the insurance market, many are turning to organizations like InsurTech NY, a community-based organization accelerating insurance innovation in the New York metro area, and insurtech veterans, like ClarionDoor, to advance pursuits in the insurance industry. InsurTech NY is hosting a six-week accelerator program starting in October for growth-stage insurtechs. The accelerator will focus on three essential needs of growth-stage startups: traction, talent, and funding. Startups will work with 15 insurance companies and brokers looking to solve internal business challenges or expand distribution channels. The program will include hands-on mentor sessions, interactive workshops, and reverse pitch sessions. “The most critical point in a startup’s life is crossing the chasm from its first customer to profitability,” said Tony Lew, managing director at InsurTech NY. “Having the ability to learn from successful insurtechs, like ClarionDoor, will enable our accelerator participants to overcome challenges and implement best practices for working with legacy insurance carriers and brokers.” ClarionDoor is an insurtech pioneer that launched in 2010 before insurtechs even existed. Driven to revolutionize insurance tchnology, ClarionDoor focused on developing solutions that provide insurers with more flexibility, power, and automation through an API-First, cloud-native, digital distribution platform. “The insurtechs of today are reminiscent of the technology booms of the prior decades,” said Michael DeGusta, CEO at ClarionDoor. “Some will succeed, and some, unfortunately, will fail. To be competitive and successful, you need more than just a great idea. You need to have a solid business plan and the technology to support it. We are excited to share our experiences as a mentor in InsurTech NY’s Accelerator Program and to provide guidance to the new insurtechs.” For more information, please contact Spiro Skias, Director of Product Marketing for ClarionDoor, at 814-853-7045 or [email protected], or visit the company website at www.clariondoor.com. About InsurTech NY About ClarionDoor |