Launchpad Application Terms & Conditions

These Application Terms and Conditions ("Terms") govern applications to Launchpad, an AI accelerator program for managing general agents ("Program") operated by Dearborn Labs, Inc. ("Dearborn Labs," "we," "us"). By submitting an application, you ("Applicant," "you") agree to these Terms on behalf of yourself and the organization you represent, and you represent that you are authorized to do so.

Submitting an application does not create any agreement, commitment, or obligation of any kind between you and Dearborn Labs. Dearborn Labs makes no representation that any applicant will be selected. We may select a limited number of participants, or none at all.

Selection decisions are made by Dearborn Labs in its sole and absolute discretion. In evaluating applications, we may consider factors including, without limitation, premium volume, lines of business, claims and servicing operations, systems and data readiness, executive sponsorship, and overall fit with the Program. These factors are illustrative only. Meeting or exceeding any of them does not entitle an applicant to selection, and no specific factor is required or disqualifying. We are not obligated to explain selection decisions.

Applications are reviewed on a rolling basis until the application window closes on September 8, 2026. Dearborn Labs may, in its discretion: (a) accept an application at any time during the window; (b) defer consideration of any application, including holding it for comparison against later applications; (c) decline an application at any time; (d) invite an applicant to reapply in a future cohort; or (e) extend, shorten, pause, or close the application window. Submission order does not confer priority.

If we determine an applicant is not a fit for the funded Program, we may, but are not required to, offer an alternative engagement model, including paid implementation or other commercial arrangements. Any such offer is separate from the Program and subject to its own terms.

Applicants must be a managing general agent, managing general underwriter, program administrator, or similar delegated-authority business, duly organized and in good standing under the laws of its jurisdiction of organization, and duly licensed in each jurisdiction where licensure is required for the conduct of its business. Applicants outside the United States must hold equivalent authorization under applicable local law. All lines of business are eligible. Dearborn Labs may verify licensure, authorization, and standing with applicable regulators and third-party sources. You agree to promptly notify Dearborn Labs if your licensure or authorization status, or your good standing, changes materially during the application process.

You represent that all information submitted in your application is accurate and complete in all material respects, and that you have the right to share it. If any information in your application becomes materially inaccurate after submission, you agree to promptly notify Dearborn Labs and provide corrected information. You agree that Dearborn Labs and its affiliates may use application information to evaluate your application, administer the Program, verify information provided, and contact you about the Program and related offerings. Do not include policyholder or claimant personal information, or any information you are contractually or legally prohibited from sharing, in your application. Application materials will not be returned.

Dearborn Labs will maintain commercially reasonable administrative, technical, and physical safeguards designed to protect application information against unauthorized access, use, or disclosure. Dearborn Labs will retain application information for as long as reasonably necessary for the purposes described in Section 6, to comply with legal and regulatory obligations, and to establish, exercise, or defend legal claims, after which it will be deleted or de-identified. Where applicable law grants you a right to request deletion of personal information, Dearborn Labs will honor verified requests as and to the extent required by that law; requests may be submitted to hello@dearbornlabs.com. If you are located outside the United States, you acknowledge that application information will be transferred to, stored, and processed in the United States, and you consent to such transfer. Where required by applicable data protection law, the parties will implement appropriate transfer mechanisms.

(a) Dearborn Labs Obligations. Dearborn Labs will use commercially reasonable efforts to hold nonpublic business information submitted in your application ("Applicant Confidential Information") in confidence and to use it only for the purposes described in Section 6. Application information will not be shared with the underwriting, claims, or distribution operations of any affiliated insurance carrier. The foregoing obligations do not apply to information that: (i) is or becomes publicly available through no fault of Dearborn Labs; (ii) was known to Dearborn Labs prior to receipt from the applicant without a duty of confidentiality; (iii) is independently developed by Dearborn Labs without use of the applicant's information; or (iv) is required to be disclosed by law, regulation, or court order, provided that Dearborn Labs uses commercially reasonable efforts to provide prior notice to the applicant where permitted.

(b) Applicant Obligations. You agree to hold in confidence all nonpublic information regarding the Program, Dearborn Labs' technology, methodology, pricing, selection criteria, and business operations that you receive or learn during the application process ("Dearborn Labs Confidential Information"). You will not use Dearborn Labs Confidential Information for any purpose other than evaluating your potential participation in the Program and will not disclose it to any third party without Dearborn Labs' prior written consent. The exceptions in Section 8(a)(i) through (iv) apply equally to your obligations under this Section 8(b), with references to Dearborn Labs replaced by references to you.

(c) No Fiduciary Relationship. These Terms do not create a fiduciary relationship. If the parties execute a separate nondisclosure agreement, that agreement controls to the extent of any conflict with this Section 8.

Selection into the Program, if offered, is conditioned on satisfactory completion of due diligence and execution of definitive written agreements between the parties. Acceptance into the Program becomes effective only upon execution of a master services agreement and statement of work between the applicant and Dearborn Labs.

Participation in the Program is conditioned on definitive agreements that include the following core terms:

(a) Funded Implementation. Dearborn Labs will fund AI implementation costs for accepted applicants, up to a cap set in the definitive agreements, at no upfront cost to the applicant.

(b) Outcome-Based Fees. Following launch of the implemented solution, the applicant will pay Dearborn Labs fees tied to measurable operational outcomes, as defined in the statement of work.

(c) Data Sharing. The applicant will share anonymized and aggregated transactional data with Dearborn Labs for the development of market analytics products. No individually identifiable policyholder or claimant data will be included in this data sharing.

These terms are material conditions of Program participation. The specific metrics, fee schedules, funding limits, data specifications, and all other Program terms, including scope of work, ownership of deliverables, and term and termination, will be set exclusively in the definitive agreements. Nothing in these Terms, the application, marketing materials, or discussions between the parties creates a binding commitment to any Program terms.

There is no fee to apply to the Program.

You retain ownership of the materials you submit as part of your application, including your proprietary business data. If, during the application process or any related discussions, you provide feedback, ideas, or suggestions regarding the design, features, or operation of the Program or any Dearborn Labs product or service (as distinct from your proprietary business data submitted in the application), Dearborn Labs may use such feedback without restriction or obligation to you.

Dearborn Labs is a technology firm. It is not an insurance company, and nothing in the Program or these Terms constitutes insurance, an offer of insurance coverage, insurance producer services, or a recommendation regarding insurance products. The Program has not been reviewed, approved, or endorsed by any insurance regulator or other governmental authority.

You agree to indemnify, defend, and hold harmless Dearborn Labs and its affiliates, and their respective officers, directors, employees, and agents, from and against any claims, losses, liabilities, damages, costs, and expenses (including reasonable attorneys' fees) arising out of or relating to: (a) any breach of your representations under Section 6; (b) your submission of information that you did not have the right to share; (c) your submission of policyholder, claimant, or other personal information in violation of Section 6; or (d) any breach of your confidentiality obligations under Section 8(b).

Neither party will publicly announce or disclose the other party's participation or non-participation in the Program without the other party's prior written consent.

Dearborn Labs may modify, suspend, or discontinue the Program, or amend these Terms, at any time without liability. Amended Terms apply to applications submitted after posting. Continued participation in the application process after amended Terms are posted constitutes acceptance of the amended Terms.

The Program and application process are provided "as is." To the maximum extent permitted by law, Dearborn Labs and its affiliates will not be liable for any indirect, incidental, consequential, special, or punitive damages, or for lost profits or lost opportunities, arising out of or relating to the application process or any selection decision, and their total aggregate liability arising out of these Terms will not exceed one hundred dollars ($100).

These Terms are governed by the laws of the State of Delaware, without regard to conflict of laws principles. Any dispute arising out of these Terms will be resolved exclusively in the state or federal courts located in Cook County, Illinois, and the parties consent to jurisdiction and venue there.

(a) Severability. If any provision of these Terms is held to be invalid or unenforceable, the remaining provisions will remain in full force and effect, and the invalid or unenforceable provision will be modified to the minimum extent necessary to make it valid and enforceable.

(b) Entire Agreement. These Terms constitute the entire agreement between the parties regarding the application process and supersede all prior or contemporaneous communications on the subject, except as provided in Section 8(c) regarding separate nondisclosure agreements and except that definitive agreements, if executed, will govern the Program as set forth in Section 9.

(c) No Waiver. The failure of either party to enforce any provision of these Terms will not constitute a waiver of that provision or any other provision.

(d) No Third-Party Beneficiaries. These Terms do not confer any rights or remedies on any person or entity other than the parties and their respective successors and permitted assigns.

(e) Assignment. You may not assign or transfer your application or any rights under these Terms without Dearborn Labs' prior written consent. Dearborn Labs may assign these Terms to an affiliate or successor without notice.

(f) Electronic Acceptance. By submitting an application electronically, you acknowledge and agree that your submission constitutes your acceptance of these Terms with the same force and effect as a handwritten signature.

Questions about the Program or these Terms: hello@dearbornlabs.com.