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Financial

This is what insurance sector investors are looking for now

Insurance CVCs are eyeing up the potential of AI even if regulation may make adoption slow. Climate risk mitigation and quantum are also on the menu. Blockchain — not so much.

May 2, 2024

Munich Re Ventures promotes three team members

Alex Kamenetskiy is now managing director at the CVC unit, while Ian Sanders and Sabeeha Islam are SVP and VP of portfolio development.

May 1, 2024

Shure gets promoted at Sella Direct Ventures

Jeremy Shure will continue to identify and invest in fintech startups in Europe and North America for Sella Group’s CVC unit.

May 1, 2024

The new wave of insurtech startups wants to partner, not disrupt

The first wave of insurtech startups hit the wall trying to fight the industry's biggest players. Now, insurance CVCs say they're seeking the ones embracing a partnership model.

Apr 25, 2024

Fidelity’s FISV promotes Sim to partner

Michael Sim, formerly principal at Fidelity International's strategic investment unit, has moved up to a partner role.

Apr 4, 2024

Bupa APAC looks to fill funding gap for Australian healthcare startups

The UK-headquartered health insurer has set up a A$20m fund in Australia to back young startups in healthcare areas like genomics and wearables.

Apr 1, 2024

Correa and Kaushal promoted at JLL Spark

Daniel Correa and Ajey Kaushal, formerly senior associates at JLL Spark, have been promoted to principals.

Apr 1, 2024

PayPal Ventures on the hunt for insights from early-stage startups

James Loftus reveals the seven areas where the PayPal Ventures team is keen to make investment in startups.

Mar 27, 2024

Other News

ABN Amro Bank invests in climate fund

ABN Amro earmarked $1.1bn for green technology funding, with Nordic Alpha Partners’ Fund II being its fourth climate-related fund investment.

Mar 19, 2024

Pulman promoted at Truist Ventures

After serving two years as senior associate, Joshua Pulman has been promoted to senior vice president at Truist’s CVC unit.

Mar 13, 2024

Citi Ventures targets $84 trillion wealthtech opportunity

Citi Ventures head Arvind Purushotham says there's a 'generational opportunity' for wealth management technologies.

Mar 13, 2024

Rajaram to lead Aflac Global Ventures

Bharat Rajaram will serve as the managing director and head of Aflac Global Ventures.

Mar 11, 2024

Wang promoted at Deutsche Bank Corporate Venture Capital

Karen Hui-Ying Wang started her career at Deutsche Bank as an analyst in 2016.

Mar 8, 2024

Ssemwogerere promoted to SVP at Standard Bank Group

Kevin Ssemwogerere, previously a renewable energy-focused CVC lead, is appointed SVP of investment banking ventures at the South African bank.

Mar 4, 2024

Editor's Picks

Turkey: Can CVC remove the funding roadblocks for startups?

Turkey has the ingredients to be a top tech market, but it needs investors to take more risk if its startups are to get past early stage.

Oct 11, 2023

Indian ecosystem gets increased venture commitments from Zerodha and Krafton

The corporates both committed further nine-figure sums to back startups in the rapidly growing Indian venture market.

Aug 11, 2023

Wayra Brasil and Vivo Ventures name new investment leads

Wana Schulze and Ivan Yoon will lead CVC investments at Telefónica’s seed and early-stage Brazilian subsidiaries.

May 29, 2023

Axa bets big on late stage with $1.6bn CVC initiative

Axa Venture Partners will invest nine-figure amounts through the new fund, which is expected to close in 2025 with its insurer parent putting up half the capital.

May 25, 2023
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