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Start-Up Competition Will Be Captivated in Affiliation With SVIA’s Q2 Allowance Disrupted Appointment in May

PEARL RIVER, NY and SILICON VALLEY, CA–(Marketwired – March 08, 2016) – ACORD, the allowance industry’s all-around abstracts standards and casework association, is admiring to advertise the added semi-final for the 2016 ACORD Allowance Addition Challenge (AIIC), an addition competition-business incubator amalgam launched in 2015, will be captivated on May 23 in Silicon Valley. This semi-final will be hosted by the Silicon Valley Allowance Accelerator (SVIA) in affiliation with the Q2 “Insurance Disrupted: Disruptive Business Models | InsurTech Invest” Appointment at the Crowne Plaza Foster City-San Mateo, CA on May 24 and 25.

“The success of the SVIA’s Allowance Disrupted accident aftermost November demonstrates the abysmal access they accept with the InsurTech affiliation in Silicon Valley,” said Bill Hartnett, arch of addition for ACORD and AIIC controlling sponsor. “SVIA has opened the aperture for an addition chat and access amid Silicon Valley and the accustomed industry can accept actual allowances for the allowance industry globally. Considering the mission of the AIIC, alive with SVIA to analyze and advance addition in and for the allowance industry was the analytic aing step.”

“The ACORD Allowance Addition Challenge has been groundbreaking in this breadth and we are accustomed to be a allotment of it,” said Natalie Wood, SVIA’s arch acquirement officer. “Establishing a affiliation with ACORD is a analytical footfall for us in establishing an advancing addition chat with the industry.”

“We actively seek ally with a approved allegation to the agenda approaching of the industry; ACORD has acutely fabricated that commitment,” said Mike Connor, SVIA’s CEO. “Digitally transforming one of the world’s best analytical industries is a advantageous and arduous process. We are aflame about what our affiliation with ACORD can accord to the industry’s agenda future.”

There are four appointed semi-finals for the 2016 AIIC, to be captivated in Des Moines, Silicon Valley, New York City and London. Individuals and companies can baddest any one of the semi-finals and angle in advanced of a console of board comprised of allowance aggregation professionals, analysts, entrepreneurs and anticipation leaders. In the case of the AIIC Silicon Valley Semi-Final, individuals registering for the May Allowance Disrupted Appointment will accept the befalling to annals for and appear the AIIC pitches for a nominal added charge. All AIIC condoning pitches will get acknowledgment from affairs advisers above-mentioned to the event, acknowledgment questions from the judges, and be graded on impact, ingenuity, account to the allowance industry, and affection of the presentation. 

The acquiescence action for the AIIC Silicon Valley semi-final is accessible now through April 11 at www.acordchallenge.org, arch up the May 23 pitches which will booty abode aloof above-mentioned to the aperture accession for the SVIA’s Allowance Disrupted accident at the Crowne Plaza Foster City-San Mateo. Early-stage startups are encouraged to abide a well‐defined abstraction for a artefact or account that demonstrates the abeyant to agitate or transform acceptable approaches to all aspects of the allowance business and the industry at-large.

Winners of the AIIC Silicon Valley semi-final will accept the befalling to accompany added semi-finalists in presenting to a console of board afore a alive admirers at the ACORD2016 event, November 1-3 at the Boca Raton Resort & Club in Boca Raton, Florida. The winners, called based on a baronial acquired from a aggregate of responses from the alive admirers and the anticipation panel, will accept a award-winning amalgamation admired at $25,000. 

Click actuality to watch an account about the AIIC with ACORD CEO & President Greg Maciag and ACORD Arch of Addition Bill Hartnett.

Click actuality to chase the AIIC LinkedIn Showcase page.

For added advice about ACORD, the ACORD Allowance Addition Challenge, or the ACORD2016 event, alarm 845.620.1700, or appointment www.acord.org, www.acordchallenge.org, or www.acord.org/acordevent, respectively.

About ACORD

ACORD (Association for Cooperative Operations Research and Development) is a global, nonprofit alignment confined the allowance and accompanying industries. ACORD facilitates the development of accessible accord abstracts standards and accepted forms, and works with its associates and accomplice organizations to drive accomplishing of those standards. ACORD associates common accommodate hundreds of allowance and reinsurance companies, agents and brokers, software providers, banking casework organizations and industry associations. ACORD maintains offices in New York and London. For added information, appointment the affiliation website at www.acord.org. 

About Silicon Valley Allowance Accelerator (SVIA) 

Silicon Valley Allowance Accelerator (SVIA) is an accessible addition outpost. SVIA’s allotment is to advice advance the addition action for the Allowance Industry. SVIA is facilitating a dialog, contacts, and investments that advance development of a agenda bearing of insurance. SVIA does this through its annual Allowance Disrupted appointment series, startup showcases, studies and reports, and by facilitating controlling forums and awful customized meetings. For added information, amuse appointment www.sviaccelerator.com.

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