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.

Davis, Timur

Principal

Oshri Kaplan

Investment Director

Jacqueline LeSage

Managing Director

Jacqueline LeSage

Managing General Partner

Sidra Ahmed Lefort

Director, HealthTech, Cybersecurity and Privacy

Matthew McElhattan

Managing Director

Julia Pardee

Associate, Cybersecurity and Privacy

Past deals in Reinsurance

Dayforward

Series B in 2023
Dayforward is a provider of a life insurance platform designed to bring financial security to families. Dayforward provides life insurance policies that protect clients' income until their children reach adulthood, allowing them to maintain their current lifestyle.

Amplify Life Insurance

Venture Round in 2022
Amplify helps people build wealth through permanent life insurance. Customers can directly access life insurance products that allow tax-efficient savings and investment through policies and can access the savings for whatever they wish, while still protecting their families. Emerging from the manual and agent-driven traditional industry, Amplify offers an intelligent customer journey with frictionless policy customization, pre-underwriting, and in-force policy management in a streamlined digital customer journey. Amplify is the first digital platform tackling the $70B permanent life insurance industry with a vision to launch a life insurance product that bridges health and financial wealth.

FloodFlash

Series A in 2022
80% of the world’s catastrophic flood losses aren’t insured. That’s $58bn of uncovered damage, and it’s getting bigger each year because of climate change, population growth and urbanisation. FloodFlash is an insurance technology company that combines computer models, cloud software and internet-of-things sensors into flood cover that protects those the insurance industry has left behind. FloodFlash is the first parametric flood insurance available to the mass market. Each customer chooses a depth of flooding and how much they’d receive when floods reach that depth. When the smart sensor installed at their property detects flood water at the chosen depth, the claim is paid in full. Since the 2019 launch FloodFlash has been at the forefront of the global parametric movement. Their smart cover has set new standards for simple, transparent insurance, protecting thousands that can’t get cover anywhere else and winning over 30 industry awards. Founded by catastrophe risk experts Adam Rimmer and Dr Ian Bartholomew, FloodFlash has raised £2.1m in investment to date. FloodFlash is headquartered in London, is a registered coverholder at Lloyd’s of London and is authorised and regulated by the Financial Conduct Authority.

Acko

Series D in 2021
Acko is an online insurance policy provider with its entire operations offered through the digital platform. It creates products and delivers opportunities in areas such as personalized insurance products based on user consumption behaviors. Acko offers bite-sized insurance products for drivers and others working in transportation and related sectors. It has also expanded its catalog and begun offering similar policies in healthcare.

GroupHealth Benefit Solutions

Acquisition in 2021
GroupHealth Benefit Solutions is an insurance company that provides health insurance, employee group benefits and group life insurance.

Dayforward

Series A in 2020
Dayforward is a provider of a life insurance platform designed to bring financial security to families. Dayforward provides life insurance policies that protect clients' income until their children reach adulthood, allowing them to maintain their current lifestyle.

Next Insurance

Series D in 2020
Next Insurance is an online-based insurance company for entrepreneurs and small businesses. The company's services feature claims investigation as soon as possible, with many being made within 48 hours that help its clients to get transparency. They use technology to eliminate agents and other expensive extras and give prices that are incredibly affordable. It also offers policies to a range of small businesses, from general contractors to personal trainers. Next Insurance was founded in 2016 and is headquartered in Palo Alto, California.

Acko

Series D in 2020
Acko is an online insurance policy provider with its entire operations offered through the digital platform. It creates products and delivers opportunities in areas such as personalized insurance products based on user consumption behaviors. Acko offers bite-sized insurance products for drivers and others working in transportation and related sectors. It has also expanded its catalog and begun offering similar policies in healthcare.

Next Insurance

Series C in 2019
Next Insurance is an online-based insurance company for entrepreneurs and small businesses. The company's services feature claims investigation as soon as possible, with many being made within 48 hours that help its clients to get transparency. They use technology to eliminate agents and other expensive extras and give prices that are incredibly affordable. It also offers policies to a range of small businesses, from general contractors to personal trainers. Next Insurance was founded in 2016 and is headquartered in Palo Alto, California.

INSHUR

Series A in 2019
INSHUR is a digital insurance platform that provides auto insurance to drivers and fleet owners. It utilizes proprietary data and analytics to offer quotations, make purchases, and service insurance policies.

Hippo Insurance

Series C in 2018
Hippo Insurance Services offers a different kind of home insurance, built from the ground up to provide a new standard of care and protection for homeowners. Our goal is to make homes safer and better protected so customers spend less time worrying about the burdens of homeownership and more time enjoying their homes and the life within. Harnessing real-time data, smart home technology, and a growing suite of home services, we are creating the first integrated home protection platform. Hippo is headquartered in Palo Alto, California with offices in Austin and Dallas, Texas, and insurance products available to more than 80 percent of U.S. homeowners in 37 states. Hippo Insurance Services is a licensed property casualty insurance agent with products underwritten by various insurance companies.

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.

Relayr

Series C in 2018
relayr is a rapidly-growing IoT company providing enterprise middleware and IoT solutions for the digital transformation of industries. As a thought leader in enterprise IoT, relayr enables interoperability through industrial-grade platforms. Their software enables comprehensive data analytics and management, empowering businesses to create new solutions and revenue streams with data collected from any device, through any connectivity, throughout any IT ecosystem.

Relayr

Series B in 2017
relayr is a rapidly-growing IoT company providing enterprise middleware and IoT solutions for the digital transformation of industries. As a thought leader in enterprise IoT, relayr enables interoperability through industrial-grade platforms. Their software enables comprehensive data analytics and management, empowering businesses to create new solutions and revenue streams with data collected from any device, through any connectivity, throughout any IT ecosystem.

Next Insurance

Series A in 2017
Next Insurance is an online-based insurance company for entrepreneurs and small businesses. The company's services feature claims investigation as soon as possible, with many being made within 48 hours that help its clients to get transparency. They use technology to eliminate agents and other expensive extras and give prices that are incredibly affordable. It also offers policies to a range of small businesses, from general contractors to personal trainers. Next Insurance was founded in 2016 and is headquartered in Palo Alto, California.

Relayr

Series B in 2016
relayr is a rapidly-growing IoT company providing enterprise middleware and IoT solutions for the digital transformation of industries. As a thought leader in enterprise IoT, relayr enables interoperability through industrial-grade platforms. Their software enables comprehensive data analytics and management, empowering businesses to create new solutions and revenue streams with data collected from any device, through any connectivity, throughout any IT ecosystem.
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