The application period for the 2020 program is closed. Applications for the 2021 program will open in October 2020.

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Who should apply?

  • Early- and growth-stage technology companies with innovative solutions for financial institutions and insurance companies.
  • Non-fintech, growth-stage companies interested in serving financial services and insurance clients
  • Companies interested in collaborating with the Lab’s financial institution partners. Historically, companies in the Lab have ranged in stage from Seed to Series B.


  • Companies with a solution that can be tested and deployed.
  • Proven track record of successfully integrating with customers.
  • If selected, core members of the company must be in New York City for the 3 months of the program (April–June).

In surveying the CTOs/CIOs of Lab’s partner organizations, the business priorities centered on a few major themes for financial institutions and insurance companies.

Specific areas of interest for financial institutions are (but not limited to):

  • Cloud: Including cloud management, migration and security
  • Data: Alternative data sources to improve underwriting analytics, as well as tools for data management, governance, privacy and visualization
  • Digitization: Automating and scaling internal processes to drive operational and engineering efficiencies
  • Engagement: Tools focused on clients, employees or agents, including for customer acquisition and experience, product customization, predictive analytics and talent development
  • Security: Solutions focused on cyber, risk and identity management, and fraud


Specific areas of interest for insurance companies are (but not limited to):

  • Automation: Claims and underwriting automation (including tech enabled processing, policy administration & management)
  • Collaboration: Tools connecting various parties including carriers, agents, brokers, third-party administrators, re-insurers and creating a more seamless front-end experience for the consumer between those areas.
  • Customer experience: Tools and offerings focused on customer experience including digital brokerage, value-added services, delivery, engagement and servicing platforms / tools
  • Data: Tools focused on data management and analytics for underwriting, claims, and new products
  • Risk: Solutions focused on risk management including identification, quantification and mitigation of risk

Solutions to the focus areas can incorporate AI/Machine Learning, Blockchain, Mobile, Robotic Process Automation and other technologies. In general, there is an interest this year in more comprehensive end-to-end solutions rather than one-off point solutions.


There is no fee to apply. For those companies accepted into the program, the Lab takes a small amount of warrant coverage.