The Silicon Valley Insurance Accelerator, a organization that launched last year to support insurtech companies, is adding a new offering to its membership portfolio.

The organization is opening an innovation lab in the Bay Area to help early-stage insurtech ideas come to market for parties interested in exploring it, but without the time or resources to devote to a full-time project. SVIA lab staff will provide concept development and validation, design, development, hosting and outsourced business processes.

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