Shape the Future of Insurance, Pursue Insurtech in Ohio
Ohio is a hub for insurtech innovation and it starts with the state’s leadership in insurance and financial services. Ohio has the tech talent, venture capital and low operating costs to support insurtech companies.
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When you choose Ohio, you gain access to partners, customers, and the talent you need to put your business on the path to success.
Insurtech Companies that call Ohio Home
Branch Financial Extends its Reach
Branch, a tech-forward insurance company that offers high quality home and auto insurance for affordable prices, took root in Ohio and now is licensed and offering services to 25 states across the country with plans to expand.
Beam Dental Finds Success in Ohio
Beam Dental, an innovative insurtech business, was growing. With the help of JobsOhio, Beam Dental moved to Ohio and found the perfect market for a growing startup.
In Ohio, you can…
- Save capital. The coasts are notorious for their exorbitant cost of living and operating costs, but Ohio is a quarter the cost of coastal locations including San Francisco and New York City.
- Take advantage of entrepreneurial support. Venture capital support grew in Ohio from 2017-2019 by 134%. Ohio’s Entrepreneurial Services Providers (ESPs) drive growth and create an entrepreneurial ecosystem, including CincyTech, Rev1 Ventures, JumpStart, TechGROWTHOhio, NextTechOhio, and most recently SixThirty.
- Find plentiful talent with a wide-range of skills. Columbus, Cleveland, and Cincinnati are top cities for millennial talent with many nationally recognized universities supplying a pipeline of qualified talent that costs 11.5% less than national average.
- Leverage predictive analytics expertise to streamline the underwriting process. Companies currently innovating in technology to automate underwriting are likely going to outperform their more traditional competitors.