The InsurTech Initiative- A joint venture between UConn and University of Hartford.
The InsurTech Initiative was designed to grow the next generation of entrepreneurs and innovators in the insurance industry and the InsurTech space. Students learn the needs of a rapidly changing insurance industry, and emerging technologies disrupting it. Students will have the opportunity to assist both startups and established companies test and implement new technologies that will fuel growth through innovation. The InsurTech Initiative is provided through a grant from CTNext and coordinated by the Connecticut Center for Entrepreneurship & Innovation at UConn and the School of Business at the University of Hartford.
InsurTech Venturing Course
BADM 5894: InsurTech Venturing
Students will attend a weekly 3-credit course to gain knowledge about the foundations of the InsurTech industry and will develop entrepreneurial skills within the realms of InsurTech. This provides opportunities for students to analyze related case studies and listen to speakers that have experience in the InsurTech industry. Students will gain an understanding of the differences between traditional insurance and InsurTech business strategies. This course is only open to full time UConn or the University of Hartford students.
Applications for the Fall 2021 course opens March 2021.
InsurTech Fellows Program
The InsurTech Fellows Program offers students an incredible opportunity to increase their understanding of InsurTech, the insurance industry, working with startups, entrepreneurship and innovation. Students will learn how to apply theoretical and practical skills using real world examples, and interact with industry leaders. This program is only open to full time students enrolled at UConn or the University of Hartford.
Only students that have enrolled and completed BADM 5894/INS 490/990: InsurTech Venturing course in Fall 2020 will be qualified for the InsurTech Fellows Program.
Applications for the 2020/2021 cohort are now closed and will open in the Fall of 2021.
1. InsurTech Venturing Course (BADM 5894/INS 490/990): Throughout this course, students will develop skills on how to become entrepreneurs and innovators in the InsurTech industry. This will offer opportunities for students to analyze related case studies and listen to speakers that have experience in the InsurTech industry. Furthermore, students will gain an understanding of the differences between traditional insurance and InsurTech business strategies. They will be graded on their efforts to contribute to class discussion and complete assigned homework, projects and exams. This course is offered in the Fall semester only.
2. Experiential Learning with InsurTech Startups: Upon acceptance into the fellows program, students must plan to enroll in the Experiential Learning course in the Spring semester where they will delve deeper into the inner workings of InsurTech. Through this program, students will be paired with an InsurTech startup. Students must attend an orientation class, complete 10-hours per week on a project outlined by the startup, and complete corresponding assignments as a part of the experiential learning.
3. InsurTech Mentorship Program: This program will give InsurTech students the opportunity to learn from an experienced professional who can provide guidance throughout their involvement with their experiential learning. Mentors will guide students about current issues facing their industry and how InsurTech is creating solutions to face these issues. They will also give students advice about navigating through their career preparation and securing a full-time job or internship.
4. Networking/Events: Students will be granted the opportunity to interact with industry leaders through networking events and by led by organizations in the Hartford area. Students will be given the chance to attend conferences, panels, and discussions in the area that will expose them to a multitude of perspectives surrounding InsurTech and entrepreneurship.
5. Concluding Project: As a final step in this program, students will have the opportunity to take everything they have learned throughout the program and apply their knowledge into one final project. The InsurTech Fellows will work together to create one concluding experience for this program. This project will be due at the end of the Spring semester.
6. Summer Internship (Optional): Students have the opportunity to take what they have learned through the program and apply it to a relevant summer internship. Salary matching is available to students that choose to take on an internship under this program. Although this opportunity is not guaranteed, students can work with CCEI to gain full or part-time employment for the summer.
Program Dates: November 2020-May 2021
2020-2021 InsurTech Fellows:
2019-2020 InsurTech Fellows:
2018-2019 InsurTech Fellows: