Mitsui Sumitomo Insurance

Transverse Venture Fund is an early-stage venture capital fund managed by Transverse Insurance Group, based in Warren, New Jersey. Established in 2018, Transverse Insurance Group operates as a property and casualty program carrier, collaborating with reinsurers and program administrators to offer a diverse range of insurance products for both commercial and personal lines. The fund aims to support innovative startups, leveraging the insurance group's expertise in risk retention and active participation throughout the program cycle. By focusing on early-stage investments, Transverse Venture Fund seeks to identify and nurture promising ventures that align with its strategic objectives.

Hippo Insurance offers innovative home insurance solutions, leveraging real-time data and smart home technology to enhance protection for homeowners. Headquartered in Palo Alto with offices in Texas, it provides comprehensive coverage, including electronics, appliances, water backup, and service line protection. Hippo operates as an insurance agent with products underwritten by various companies, serving over 80% of U.S. homeowners across 37 states.

CoverHound, Inc., operating as CoverHound Insurance Solutions, is a technology company based in San Francisco, California, that specializes in an online platform for comparing property and casualty insurance, particularly car insurance. Established in 2010, CoverHound provides consumers with the ability to assess their personal insurance needs and receive accurate rate comparisons from top national carriers and local agents. The platform aims to deliver transparent options and smart recommendations, enabling users to find the most suitable policies at competitive prices. Emphasizing consumer control, CoverHound ensures that users receive personalized quotes without spam and with a commitment to protecting their private information.

ELEMENT Insurance AG is a digital insurance provider based in Berlin, Germany, founded in March 2017. The company specializes in creating white-label insurance products and is recognized as a leader in insurance digitalization. Licensed by the German Federal Financial Supervisory Authority, ELEMENT operates as a direct insurer for non-life insurance across 28 European countries, allowing it to manage risks and settle claims directly. ELEMENT's innovative technology platform, referred to as 'Insurance as a Platform,' supports a B2B2X model, enabling various partners—from e-commerce businesses to traditional insurers—to develop and market customized insurance solutions under their own brands. The platform streamlines the insurance value chain, addressing key functions such as actuarial calculations, underwriting, policy administration, customer service, and claims management, thereby enhancing efficiency and reducing complications within the industry.

First Capital Insurance Ltd. is a commercial property and casualty insurer that offers a diverse range of non-life insurance services. The company provides personal insurance products including home, personal accident, travel, and motor insurance. In addition, it caters to commercial clients with various coverage options such as industrial all risks, fire and extra perils, burglary, engineering, liability, marine cargo, hull, and specialized packages for offices and retail/industrial businesses. By delivering comprehensive underwriting services across multiple fields, First Capital Insurance Ltd. aims to meet the insurance needs of both individual and business customers effectively.