Sean Madgett

Vice President
New York Life Ventures
Sean Madgett is Vice President and Head of Strategic Partnerships for New York Life Ventures (NYL Ventures), New York Life’s corporate venture capital business. Sean joined NYL Ventures in 2016 and leads a team responsible for sourcing strategically relevant startups for introduction, proof of concept testing, and partnership development with New York Life’s operating units. Sean’s team has added innovative capabilities across the company’s business operations, consistently averaging one PoC every 2.5 weeks. Prior to NYL Ventures, Sean spent 7 years with Eagle Strategies LLC, New York Life’s wholly owned Registered Investment Advisor, where he held a variety of roles including Head of Operations & Service. Sean earned a BA in Economics from Emory University, an MBA from Columbia Business School and holds the Series 7, 24, and 66 registrations from FINRA. Outside of the office, Sean can be found at the playground with his 4 children or playing a quick nine holes of golf.

Sessions by Sean Madgett

04:00 PM - 04:35 PM
Innovation in Action Track: Islander E 

Enabling Incumbents: How Startups Can Best Work with Large Insurance Companies

Startup enablers have been growing across the insurance industry. This trend is going to continue as insurance incumbents acknowledge the importance in integrating innovation through startup partnerships, rather than developing the technology internally.

At the same time, startups recognize the value in partnering with incumbents as an opportunity to improve their product offering, thus creating the ultimate win for policyholders.

In this panel, you will:

-learn why this ‘enabling trend’ is happening and how it benefits startups and incumbents 

-hear the testimonial from a startup founder that has successfully partnered with an incumbent 

-listen to the incumbent’s perspective on the ingredients for a successful partnership with startups

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