Truelytics is thrilled to announce that we have been selected to take part in gener8tor’s OnRamp Insurance Accelerator with Allianz Life and Securian Financial. With only five startups chosen out of about 500 applicants, Truelytics made it through a very competitive selection process. The entire 2021 cohort includes:
Each firm receives a $100,000 investment and will work with the gener8tor, Securian Financial, and Allianz Life teams during the three-month accelerator. The program culminates in a month-long series of investor meetings and a Premiere Night celebration event in July.
Truelytics interest in pursuing this specific accelerator centered around the objective of tailoring our solution to better serve the insurance industry. Specifically, we are seeking to:
- Review our TruePerformance intake process, specifically around the revenue data we capture, and ensure that we are capturing everything we need in order to accurately determine the health and wellness of firms who sell insurance products.
- Review our TrueContinuity Emergency Continuity locker and determine if there is an opportunity to layer in an underwriting component.
- Further explore our data set and confirm early statistical analysis that shows that the top two indicators of winning firms in the wealth management space is their % of revenue in insurance and annuities.
This is the second time that Truelytics has prevailed in an Allianz-sponsored event. The first time was back in 2019 when we won the grand prize at their FinTech PitchFest held in Minneapolis, MN. It goes without saying that I am so proud of the team and the continued recognition they receive from the Wealth Management industry.
Also read: OnRamp announces 2021 insurtech accelerator