IA Capital Group raises $150 million for Insurtech-focused venture capital
IA Capital Group, the leading insurtech-focused venture capital firm, today announced it has raised $150 million across three funds:
Inter-Atlantic Stonybrook Insurtech Ventures, a multi-LP fund, focusing on property/casualty insurtech
Inter-Atlantic G Fund, a single-LP fund, focusing on life/annuity/retirement insurtech
Inter-Atlantic Ivy, a single-LP fund, focusing on later-stage opportunities in insurtech and fintech
The firm oversees venture capital investments on behalf of a variety of institutions including 13 insurers that have a strategic interest in insurtech. These 13 insurance companies represent nearly all sectors of insurance including property/casualty, life, mortgage, and financial guaranty.
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