Co-operators has formed an insurance technology investment fund that will be overseen by VP of corporate development Daniel Sinclair.

Canada-based insurance cooperative Co-operators has set up a fund to facilitate partnerships with insurance technology (insurtech) firms.

The fund focuses on innovative insurance products, particularly related to new transportation technologies and business models. It is being led by Daniel Sinclair (pictured), vice-president of corporate development for Co-operators.

The move comes after Co-operators led the $20m second tranche of insurance portal Slice Labs’ $31.6m series A round in October 2018, in connection with a partnership that involved them jointly setting…

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James Mawson

James Mawson is founder and chief executive of Global Venturing.