Munich Re Ventures

Munich Re Ventures is the venture capital arm of Munich Re, based in San Francisco with an additional office in Germany. Established in 2015, it specializes in stage-agnostic investments, focusing primarily on Series A and B funding for early-stage and growth-stage companies. The firm targets a diverse range of sectors, including artificial intelligence, insurtech, climate tech, cybersecurity, digital health, connected mobility, and the future of transportation. Munich Re Ventures seeks to collaborate with strong syndicates for both lead and co-investments, without geographic limitations. With the backing of Munich Re’s extensive resources and industry relationships, the firm aims to support emerging companies that are developing innovative technologies and business models, ultimately facilitating the adoption of new solutions in an evolving market. It manages multiple funds, partnering with Munich Re Group companies to provide strategic capital and guidance to its investments.

Timur Davis

Director, ClimateTech, Future of Transportation

Oshri Kaplan

Managing Director

Oshri Kaplan

Investment Director

Jacqueline LeSage Krause

Managing Director

Jacqueline LeSage Krause

Managing General Partner

Sidra Ahmed Lefort

Investment Director

Matt McElhattan

Investment Director

Past deals in Life and Health Insurance

Dayforward

Series B in 2023
Developer of a life insurance platform intended to bring financial security to families across America. The company's platform offers personalized policies that guarantee continued income to the beneficiaries if the policyholder passes away, enabling individuals to purchase the right insurance for their families online.

Amplify Life Insurance

Venture Round in 2022
Operator of a life insurance platform intended to offer term, permanent, and cash-value life insurance. The company's platform specializes in life insurance policies that can be accessed for retirement, college funding, or a down payment, enabling clients to customize a policy based on their interests, budget, and individual situation.

Acko

Series D in 2021
Acko General Insurance Limited is a digital insurance company based in Mumbai, India, founded in 2016 by Varun Dua and Ruchi Deepak. The company specializes in providing micro-insurance products through an entirely online platform. Its offerings include various types of motor insurance, such as car and two-wheeler insurance, as well as specialized policies like Ola Trip Insurance for cab passengers. Acko focuses on personalized insurance solutions tailored to users' consumption behaviors and has expanded its product range to include healthcare-related insurance. By leveraging data and analytics, Acko aims to deliver a seamless and transparent insurance purchasing experience, making it easier for consumers to access a wide array of insurance products.
High Definition Vehicle Insurance offers next-generation truck insurance- real solutions for motor carriers in a rapidly changing world. High Definition Vehicle Insurance is an experienced team of insurance, technology, and trucking industry experts who deeply understand the challenges of today’s fleets. At its core, the HDVI team are composed of innovators who are passionate about developing game-changing solutions that support fleets in running safe, compliant, and profitable operations.

GroupHealth Benefit Solutions

Acquisition in 2021
Provider of insurance broker services based in Surrey, Canada. The company offers extended health and dental, disability, life and critical illness and employee wellness coverage, thereby ensuring coverages, plan designs and administration solutions to put businesses back in control of their benefits.

Dayforward

Series A in 2020
Developer of a life insurance platform intended to bring financial security to families across America. The company's platform offers personalized policies that guarantee continued income to the beneficiaries if the policyholder passes away, enabling individuals to purchase the right insurance for their families online.

Next Insurance

Series D in 2020
Next Insurance Inc. is an online insurance agency focused on providing tailored insurance products and services to small businesses. Founded in 2015 and headquartered in Palo Alto, California, the company offers a range of insurance options, including business, general liability, professional liability, commercial auto, and workers’ compensation coverage. Next Insurance serves a diverse clientele, including contractors, fitness professionals, cleaning services, beauty establishments, therapists, educators, and various other sectors. The company leverages technology to streamline the insurance purchasing process, eliminating the need for agents and reducing costs, thereby offering affordable pricing. Additionally, Next Insurance emphasizes quick claims processing, often making decisions within 48 hours to enhance transparency and support for its clients.

Acko

Series D in 2020
Acko General Insurance Limited is a digital insurance company based in Mumbai, India, founded in 2016 by Varun Dua and Ruchi Deepak. The company specializes in providing micro-insurance products through an entirely online platform. Its offerings include various types of motor insurance, such as car and two-wheeler insurance, as well as specialized policies like Ola Trip Insurance for cab passengers. Acko focuses on personalized insurance solutions tailored to users' consumption behaviors and has expanded its product range to include healthcare-related insurance. By leveraging data and analytics, Acko aims to deliver a seamless and transparent insurance purchasing experience, making it easier for consumers to access a wide array of insurance products.
High Definition Vehicle Insurance offers next-generation truck insurance- real solutions for motor carriers in a rapidly changing world. High Definition Vehicle Insurance is an experienced team of insurance, technology, and trucking industry experts who deeply understand the challenges of today’s fleets. At its core, the HDVI team are composed of innovators who are passionate about developing game-changing solutions that support fleets in running safe, compliant, and profitable operations.

Next Insurance

Series C in 2019
Next Insurance Inc. is an online insurance agency focused on providing tailored insurance products and services to small businesses. Founded in 2015 and headquartered in Palo Alto, California, the company offers a range of insurance options, including business, general liability, professional liability, commercial auto, and workers’ compensation coverage. Next Insurance serves a diverse clientele, including contractors, fitness professionals, cleaning services, beauty establishments, therapists, educators, and various other sectors. The company leverages technology to streamline the insurance purchasing process, eliminating the need for agents and reducing costs, thereby offering affordable pricing. Additionally, Next Insurance emphasizes quick claims processing, often making decisions within 48 hours to enhance transparency and support for its clients.

Hippo Insurance

Series C in 2018
Hippo Insurance provides home insurance brokerage services, focusing on modernizing coverage for homeowners. Founded in 2015 and headquartered in Palo Alto, California, with additional offices in Austin and Dallas, the company utilizes technology to streamline the insurance process. Hippo aims to simplify and enhance home insurance by offering intuitive and proactive coverage that actively addresses the needs of clients. By adopting a tech-driven approach, Hippo seeks to transform how individuals safeguard their homes, allowing them to feel secure and carefree. The company emphasizes a commitment to delivering smarter, more efficient insurance solutions tailored to contemporary homeowners.

Slice Labs

Series A in 2018
Slice Labs Inc. is a New York-based company that specializes in on-demand insurance solutions tailored for the evolving digital economy. The company offers a cloud-based platform that allows users to easily access and purchase instant insurance coverage, including car and rental insurance, via their smartphones or laptops. Slice Labs also develops Slice Mind, an AI-driven tool that assists businesses in personalizing and predicting insurance risk, and operates Duuo, an on-demand digital insurance brand. With a focus on enabling insurers and technology providers to create flexible, pay-as-you-go insurance products, Slice Labs has expanded its operations to the United Kingdom, the European Union, and recently launched services in the Asia Pacific region.

Next Insurance

Series B in 2018
Next Insurance Inc. is an online insurance agency focused on providing tailored insurance products and services to small businesses. Founded in 2015 and headquartered in Palo Alto, California, the company offers a range of insurance options, including business, general liability, professional liability, commercial auto, and workers’ compensation coverage. Next Insurance serves a diverse clientele, including contractors, fitness professionals, cleaning services, beauty establishments, therapists, educators, and various other sectors. The company leverages technology to streamline the insurance purchasing process, eliminating the need for agents and reducing costs, thereby offering affordable pricing. Additionally, Next Insurance emphasizes quick claims processing, often making decisions within 48 hours to enhance transparency and support for its clients.

Slice Labs

Series A in 2017
Slice Labs Inc. is a New York-based company that specializes in on-demand insurance solutions tailored for the evolving digital economy. The company offers a cloud-based platform that allows users to easily access and purchase instant insurance coverage, including car and rental insurance, via their smartphones or laptops. Slice Labs also develops Slice Mind, an AI-driven tool that assists businesses in personalizing and predicting insurance risk, and operates Duuo, an on-demand digital insurance brand. With a focus on enabling insurers and technology providers to create flexible, pay-as-you-go insurance products, Slice Labs has expanded its operations to the United Kingdom, the European Union, and recently launched services in the Asia Pacific region.

Next Insurance

Series A in 2017
Next Insurance Inc. is an online insurance agency focused on providing tailored insurance products and services to small businesses. Founded in 2015 and headquartered in Palo Alto, California, the company offers a range of insurance options, including business, general liability, professional liability, commercial auto, and workers’ compensation coverage. Next Insurance serves a diverse clientele, including contractors, fitness professionals, cleaning services, beauty establishments, therapists, educators, and various other sectors. The company leverages technology to streamline the insurance purchasing process, eliminating the need for agents and reducing costs, thereby offering affordable pricing. Additionally, Next Insurance emphasizes quick claims processing, often making decisions within 48 hours to enhance transparency and support for its clients.
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