NSM Insurance Group Partners with Plug and Play Insurtech
Partnership will further accelerate NSM’s digital innovation strategies
SUNNYVALE, CA, September 20, 2022 – NSM Insurance Group, the nation’s leading specialty insurance provider, announced today their partnership with Plug and Play’s Insurtech Program. NSM is a global leader in specialty insurance with more than $1.5B in premium across 25+ niche insurance programs in the U.S. and U.K. The company will be working with insurance related startups out of Plug and Play’s headquarters in Silicon Valley.
“Innovation is truly at the core of everything we do at NSM. We have a track record of seizing compelling opportunities to partner with high-performing companies to drive our business forward,” said Geof McKernan, CEO and Founder of NSM Insurance Group. “We’re excited to partner with Plug and Play to learn about new and exciting ventures and stay at the forefront of technological innovation in our industry.”
Plug and Play launched its Insurtech Program in Silicon Valley in 2016. It has since expanded to five locations, accelerated over 700 startups and partnered with over 55 corporations. Plug and Play works with corporations such as NSM to bring innovation to the forefront of their business. They do this by connecting partners to their global ecosystem of forward-thinking startups looking to disrupt the industry.
“We’re beyond excited to welcome NSM Insurance Group to the Plug and Play Platform,“ said Saeed Amidi, CEO and Founder of Plug and Play. “Their innovative culture and foundation will accelerate the way startups scale and grow and we look forward to being a part of this journey.”
For corporations, investors and startups interested in joining the Plug and Play platform, please apply today: www.plugandplaytechcenter.com/join.
About Plug and Play
Plug and Play is the leading innovation platform, connecting startups, corporations, venture capital firms, universities and government agencies. Headquartered in Silicon Valley, we’re present in 45+ locations across 5 continents. We offer corporate innovation programs and help our corporate partners in every stage of their innovation journey, from education to execution. We also organize startup acceleration programs and have built an in-house VC to drive innovation across multiple industries where we’ve invested in hundreds of successful companies including Dropbox, Guardant Health, Honey, Lending Club, N26, PayPal and Rappi. For more information, visit www.plugandplaytechcenter.com/join.
About NSM Insurance Group
NSM Insurance Group is the nation’s leading specialty insurance provider, exclusively focused on building successful insurance programs. For more than 30 years, NSM has been committed to delivering industry-specific insurance programs that help agents meet the unique needs of their customers and fuel market growth through innovative development, underwriting, distribution and claims expertise. The company has built more than $1.5 billion in premium across 25+ specialty insurance programs and brands in the U.S. and U.K. focused on collector cars; pets; social services and behavioral health; addiction treatment; coastal condominiums; towing and garage; trucking; sports and fitness; professional liability for contractors, architects and engineers; habitational; staffing; and workers’ compensation. For more information on NSM, visit nsminc.com.