Nassau Financial Group – a leader in Connecticut’s insurance technology community – announced it is expanding its Nassau Reimagine program to support early and mid-stage startups with a new $10 million capital commitment. This program will target companies in Insurtech, Fintech, Retiretech, and other related sectors in Nassau’s primary business locations, including Connecticut and New York.
Launched in 2019, Nassau Reimagine has provided resources, support, and connections to over 100 startups and scaleups actively transforming the Insurtech and Retiretech landscapes. It has also led a number of Retiretech conferences, Hartford Innovation Week, and the TalentBridge Program in partnership with the University of Connecticut. The capital commitment is the latest expansion of Nassau’s mission to advance innovation in the insurance industry.
Along with leveraging relationships within its existing Reimagine network, Nassau will work with key public and private constituents, including state economic development programs, academic institutions, industry organizations, and other accelerators and incubators, to identify investment opportunities.
KEY QUOTES:
“We are excited to expand our Nassau Reimagine program with additional capital and resource support. Our program has supported over 100 startups in our communities since its inception in 2019, as a first-of-its-kind among Hartford-based insurance companies. Through this added commitment, we look forward to enabling technological innovation for the insurance industry with new companies in our communities.”
Phil Gass, Chairman and CEO of Nassau
