1871 Announces Inaugural InsurTech Innovation Summit: Pioneering the Future of Insurance Technology

CHICAGO— May 28, 2024 — Non-profit global innovation hub 1871 is hosting its inaugural InsurTech Innovation Summit on 6.27.24. This public, hybrid event is set to unite over 250 startups, investors, corporate partners, and insurance enthusiasts for a full day of programming centered around technology-driven innovation in insurance and critical industry topics. Industry leaders such as Allstate, EX3, and World Business Chicago are supporting the 2024 Summit. Tickets are now on sale, more information below. 

The Summit capstones this year’s Innovation Lab immersive experience for startups and industry leaders. Founders from the 2024 Innovation Lab cohort will be showcasing their products and services through interactive Startup Expos and pitching their startups in a pitch showcase competition. Areas of focus include climate risk management, emerging data sources, the future of mobility, and sales and distribution innovation. 

“As the Entrepreneur in Residence, I’ve had a chance to interact with the 30+ startups in the cohort – We have some great startups, CEOs and founders in the InsurTech space,” said Jeff Chookaszian, Insurance and Financial Services Executive at The Boston Consulting Group (BCG). “This will be a great opportunity to network with some of the most influential leaders in the space including startups, VC’s and investors, corporates, and InsurTech junkies! The Summit will showcase innovation in the insurance industry and InsurTech. I would encourage anyone who is interested in InsurTech and AI to attend!”

“In an age where technology and risk intertwine, fostering collaboration between the insurance and tech sectors becomes paramount,” remarked Betsy Ziegler, CEO of 1871. “Drawing from my extensive experience in the insurance realm, I am excited to unveil the Insurtech Innovation Summit, an event poised to catalyze groundbreaking advancements. Set against the backdrop of Chicago, a city synonymous with innovation, this summit serves as a nexus for industry pioneers to converge. Together, we’ll chart the course for the future of insurance by harnessing the transformative power of technology.”

Summit Agenda

The public Summit will take place on 6.27.24, with the option to attend in person at 1871 or virtually from 10:00 to 6:30 PM CST. Note that while attendees can watch virtually, only a select group of events will be livestreamed. In-person participation is highly recommended to access full programming and networking opportunities. 

Attendees will gain insights into the latest insurance and tech trends, with focuses on risk management and underwriting , sales and distribution, and insights on  the future of tech integration into the insurance sector. Registration is required to participate in this event. 

Event details

• Refreshments: Breakfast and lunch will be served, followed by happy-hour 
• Expert-led panel discussions
• Interactive breakout workshops 
• Startup pitch competition
• Startup Expo
• Keynote
• Networking

Ticketing information

This event is free to 1871 Members, with purchase options available for non-members. See ticket options here & register to attend.   

1871’s 2024 AI Innovation Summit will also run on the same day for separate curated programming.

For information regarding joining the Summit as a sponsor or partner, please get in touch with corpinno@1871.com. Subscribe to stay up-to-date on 1871’s Innovation Labs programming & news. 

About 1871 

1871, a nonprofit global innovation hub, exists to inspire, equip, and support early-stage, growth-stage, late-stage, and corporate innovators in building extraordinary businesses. 1871 is home to ~500 early-stage startups, ~250 growth and late-stage companies, and ~60 corporates, and is supported by an entire community focused on accelerating their growth and creating jobs in the Chicagoland area. The member experience includes virtual and in-person access to workshops, events, mentorship, and more. The nonprofit organization has 350 mentors available to its members, alongside access to more than 200 partner corporations, universities, education programs, accelerators, venture funds, and others. Since its inception in 2012, more than 1,050+ alum companies are still active, have created over 14,700 jobs, and have raised more than $3.7 billion in follow-on capital.