Why Hitting Insurance Innovation Singles is Just as Important as Home Runs (w/Dan Israel, MD Global Insurance Accelerator)

At the GIA, Dan Israel is responsible for the overall strategy and operations of the organization - emphasizing the growth, development, and success of the programs, as well as ongoing support of all of the accelerator’s portfolio companies. His goal is to bring together strategic and forward-thinking investors with innovative founders who can enhance both groups’ opportunities for growth and the insurance space overall.

Key things to know about working with the GIA:

-GIA lets the enterprise's strategy, champions and leadership drive where the work should happen 

-Measuring results at GIA means understanding how innovation impacts their business, typically how many PoCs, partnerships, whereas GIA defines success as progress and depth of challenges partners are trying to solve 

-GIA differentiates itself as an accelerator as it was founded by insurers, so the primary mission has never been equity stakes but rather innovation outcomes for carriers 

-GIA focus all activities whether mentorship or workshops on building a business ie. product market fit and customer understanding rather than the funding journey or just finding your next investor

Prior to the GIA, Dan worked in innovation, management and strategy, finance, and operations at Rolls-Royce and Target Corporation. Dan has an M.B.A. from the Kellogg School of Management at Northwestern University and a B.B.A. in Finance and Economics from the University of Iowa Henry B. Tippie College of Business.

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