GALVESTON, Texas, Sept. 27, 2022 (GLOBE NEWSWIRE) — American National as we speak introduced plans to affix Plug and Play’s Agtech program in Fargo, North Dakota. Currently an anchor companion within the innovation platform’s Insurtech program in Silicon Valley, the corporate is increasing the connection to drive stronger innovation efforts in one in all its core insurance markets.
“We’re excited to join Plug and Play’s Agtech vertical,” stated Matt Ostiguy, Senior Vice President, P&C Chief Operating Officer, American National. “I’m confident our participation will put us in a position to better serve the long-term, changing needs of our clients and bring a unique perspective and level of support to the startups who are working hard to positively impact the agricultural community.”
Plug and Play’s Agtech program was launched in 2020 with 4 founding companions. The program goals to facilitate alternatives for pilots, proof of ideas and new relationships between the chosen batch startups and Plug and Play’s international ecosystem. Focus areas of this system embrace soil sensing and evaluation, subject monitoring, precision farming, automation, sustainability, and provide chain.
“Seeing such a strong partner from one industry willing to enter a whole new sector is a prime example of how innovative things can get at Plug and Play. We look forward to breaking new ground in agricultural technology with American National,” stated Michael Olmstead, CRO of Plug and Play.
American National is the primary insurance provider to affix the Agtech program.
About Plug and Play
Plug and Play is the main innovation platform, connecting startups, companies, enterprise capital corporations, universities, and authorities businesses. Headquartered in Silicon Valley, we’re current in 40+ places throughout 5 continents. We provide company innovation packages and assist our company companions in each stage of their innovation journey, from training to execution. We additionally set up startup acceleration packages and have constructed an in-house VC to drive innovation throughout a number of industries the place we have invested in lots of of profitable firms together with Dropbox, Guardant Health, Honey, Lending Club, N26, PayPal, and Rappi. For extra data, go to https://www.plugandplaytechcenter.com/.
About American National
American National Insurance Company, based in 1905 and headquartered in Galveston, Texas, and different American National subsidiaries provide a broad portfolio of merchandise and providers, which embrace life insurance, annuities, property and casualty insurance, well being insurance, credit score insurance, and pension merchandise. The American National firms function in all 50 states. In addition to American National Insurance Company, main subsidiaries embrace American National Life Insurance Company of Texas, American National Life Insurance Company of New York, American National Property and Casualty Company, Garden State Life Insurance Company, Standard Life and Accident Insurance Company, Farm Family Casualty Insurance Company and United Farm Family Insurance Company.
For extra data, together with firm information and investor relations data, go to the Company’s web site at www.AmericanNational.com.
