New York-based insurance industry standard developer Association for Cooperative Operations Research and Development announced that the second semi-final for its 2016 ACORD Insurance Innovation Challenge (AIIC), an innovation competition-business incubator hybrid that started in 2015, will be held May 23 in Silicon Valley.

The 2016 AIIC has three other scheduled semi-finals in Des Moines, Iowa (April 26); New York City (June 7); and London (Sept. 21). Individuals and companies will pitch in front of a panel of judges comprised of insurance company professionals, analysts, entrepreneurs and thought leaders at the semi-final of their choice.

The May 23 semi-final will be hosted by the Silicon Valley Insurance Accelerator (SVIA)in conjunction with the "Disruptive Business Models/InsurTech Invest" conference which will be held at the Crowne Plaza Foster City-San Mateo, Calif., on May 24 and 25.

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Trudy Knockless

Trudy Knockless is a reporter on ALM Media's Business of Law desk.  She has a background serving legal and insurance publications. Contact her at [email protected] or on LinkedIn at Trudy Knockless.