Plug and Play Cleveland has landed a big new player.
The business accelerator in a news release on Wednesday, June 27, announced that Progressive Insurance has joined what the organization calls its Innovation Platform. It said Progressive “will participate as a dual partner” in both Cleveland and the Insurtech program at Plug and Play headquarters in Silicon Valley, and it will use the platform “to evaluate cutting-edge insurance technologies.”
Andrew Quigg, chief strategy officer at Mayfield Village-based Progressive, said in a statement, “We’re looking forward to collaborating with startups in the insurance space to learn and better understand the different opportunities which they bring. Our goal as a company is to continue to grow and joining Plug and Play … will enable us to explore new and innovative options.”
Progressive is the first insurance company to join the Cleveland outpost of Plug and Play.
Read the full story at Crain’s Cleveland Business.