BrokerTech Ventures and the National Alliance for Insurance Education & Research have launched an insurtech course to bridge the knowledge gap on the industry.

Introduction to Insurance for Insurtech Professionals was created to provide insurtech professionals with a solid foundation in insurance principles. It will also foster better understanding and collaboration within the industry.

In addition, this partnership utilises BrokerTech Ventures’ expansive network and innovation to enhance educational outreach.

The new course also addresses a critical need within the insurtech community. As professionals push the boundaries of technology and innovation, they often encounter challenges due to a lack of fundamental insurance knowledge. As a result, this can hinder effective communication and implementation of groundbreaking ideas within traditional insurance frameworks.

“Insurance is one of the greatest industries out there, and education is critical in transferring knowledge to those new to our industry – or those continuing their learning journey. The National Alliance is creating world class educational curriculum, and BrokerTech Ventures is honored to play a role in partnering to develop insurtech and innovation content,” said Dan Keough, chairman & CEO of Holmes Murphy, co-CEO of BrokerTech Ventures.

“Our new course is meticulously crafted to address these challenges,” stated Mitch Dunford, CMO for The National Alliance for Insurance Education & Research. “By providing insurtech professionals with a robust understanding of basic insurance concepts, terminologies, the regulatory landscape, and the impacts of new technologies, we are setting the stage for more impactful innovations and collaborations in the industry.”

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In 2019, the UK Insurtech Board released a toolkit of legal documents to help insurtech start-ups entering the market.

It was designed to help insurtechs and start-ups develop partnerships with corporate partners.

The board is an initiative by Tech Nation and is part of the Fintech Delivery Panel (FDP) convened by the HM Treasury. It can be downloaded for free online.

Produced in collaboration with law firms Dentons and Simmons & Simmons, the advice includes non-disclosure and terms of business.