Uncertainty in the insurance sector is growing as climate change exacerbates natural disasters. But insurance companies appear to be slowing investment in new technologies that could help.

The US financial services company has launched Edward Jones Ventures, focusing on fintech startups to advance its wealth management offerings.

After four years running the US retail giant's investment arm, Balasubramaniam has left to become McAfee's head of corporate development.

LY Corporation, the company formed when Yahoo Japan merged with Line, will explore deep tech with CVC subsidiary Z Venture Capital's second fund.

ISA partnered with Wayra and Telefónica Movistar and launched Inndigo, which intends to invest $130m in energy transition startups by 2030.

With the launch of its new fund, the Japanese insurer's corporate venturing unit has assets under management of $400m, up tenfold since its first fund.

De-Sign Capital Fund 1 already made an investment in Any, an AI-based enterprise insight management platform producer.

Like the first edition, Mitsui Kinzoku-SBI Material Innovation Fund II will be jointly managed by CVC-as-a-service group SBI Investment.

The Japanese aerial survey firm’s corporate venturing unit will invest in spatial information and decarbonisation technologies.

Dubbed Iidabashi Cross Partners and led by Masaki Hasegawa, the fund will invest in back-office software developers.