Aflac Corporate Ventures will invest in early-stage companies developing software and digital products that can complement its insurance provider parent's core business.
US-based insurance provider Aflac intends to put together a $100m fund in order to make strategic venture capital investments, Atlanta Business Chronicle reported yesterday.
Aflac plans to build the unit, Aflac Corporate Ventures, up over the next three years and will target investments in developers of software or digital products that complement its core business and enhance the insurance value chain.
Nadeem Khan has been promoted to president of Aflac Corporate Ventures from a role as senior vice-president of corporate…
