IA Capital Group

IA Capital Group, established in 1992 and headquartered in New York, is a private equity firm specializing in venture capital investments. It focuses on the insurtech and fintech sectors, targeting early and growth-stage companies in the U.S., Canada, and Mexico. The firm invests between $1.5 million and $10 million, typically taking majority or minority stakes in companies with sales exceeding $2 million. IA Capital's portfolio spans various sub-sectors, including payments, financial infrastructure, insurance technology, lending, and wealth management. Additionally, the firm manages strategic venture capital programs for multiple insurers and incubates new companies.

Richie Carchia

Analyst

Matt Perlman

Partner

Ravi Shah

Vice President

Past deals in Insurance Brokers

Summit

Seed Round in 2024
Summit is an insurance brokerage and risk management agency that specializes in providing bespoke insurance and risk management solutions to businesses.

Matic Insurance Services

Series B in 2023
Founded in 2014, Matic operates as a digital insurance agency offering solutions for consumers, originators, and servicers. It provides an online marketplace with over 40 A-rated home and auto carriers, enabling users to compare quotes easily and advocate for policyholders.

Frontier Risk

Seed Round in 2023
Frontier Risk is a specialized insurance solution provider for the cannabis industry. It offers tech-enabled insurance services, tailored advice from former cannabis executives, and digital platforms for optimal risk management.

Limit

Series A in 2022
Limit is a San Francisco-based provider of digital wholesale insurance brokerage software and services for commercial insurance. Founded in 2020, the company combines software, technology, sales, and data services to connect retail brokers with carriers for admitted and excess and surplus lines, enabling faster, cheaper, and more accurate transactions. By applying advanced analytics and data capabilities, Limit streamlines wholesale insurance workflows, reduces errors, and supports both traditional and E&S insurance needs through digital tooling and data-driven underwriting. The platform emphasizes efficiency, transparency, and speed in wholesale insurance transactions by integrating broker systems with carrier platforms.

Demex

Series A in 2021
Demex is a data and analytics company that partners with insurance industry players to mitigate frequent property losses from secondary perils. It models loss accumulation based on weather and claims data, informed by climate research, offering parametric stop-loss solutions tailored to insurers' needs.

Matic Insurance Services

Series B in 2020
Founded in 2014, Matic operates as a digital insurance agency offering solutions for consumers, originators, and servicers. It provides an online marketplace with over 40 A-rated home and auto carriers, enabling users to compare quotes easily and advocate for policyholders.

Integriant

Seed Round in 2020
Integriant is an insurance agency focused on the life and Medicare insurance sectors. The company develops a marketing and sales platform that assists consumers in protecting their financial well-being by providing a range of insurance products. Integriant offers various insurance plan options, leveraging both online tools and licensed agents to facilitate the comparison of plans. This approach enables customers to select insurance solutions that best align with their needs and budget.

Demex

Seed Round in 2020
Demex is a data and analytics company that partners with insurance industry players to mitigate frequent property losses from secondary perils. It models loss accumulation based on weather and claims data, informed by climate research, offering parametric stop-loss solutions tailored to insurers' needs.

Wellthie

Series A in 2017
Wellthie Inc. is an insurance technology company based in New York, founded in 2013. It specializes in providing tools for brokers and carriers to streamline the insurance distribution process for small businesses and individuals. Wellthie offers a cloud-based e-commerce platform that includes features such as medical and ancillary quotes, a broker management dashboard, scenario modeling, an online storefront, custom client proposals, and market insights. The company has created a national small group benefits marketplace, enabling brokers to enhance their small group sales and insurance carriers to optimize product distribution. By focusing on improving the insurance shopping experience, Wellthie aims to facilitate a more intuitive and efficient process for both brokers and clients.

Homeowners of America Holding

Series A in 2005
Homeowners of America Holding Corporation is a property and casualty insurance provider based in Irving, Texas, offering a range of insurance products to homeowners, condominium owners, and tenants. Established in 2005, the company specializes in coverage for losses resulting from catastrophes and provides policies such as homeowners, dwelling fire, tenant, and condominium insurance. It focuses on insuring well-maintained residential properties, excluding luxury homes, and serves its clients through independent insurance agents across Texas. The company aims to protect its policyholders against property damage, ensuring they have the necessary coverage for their homes and investments.

Talbot Holdings

Series B in 2004
Talbot Holdings, Ltd. is a specialty insurance group that operates within the Lloyd's insurance market, focusing on underwriting various specialty risks. The company has established strong franchises in marine and energy lines, war and political risks, direct property, and financial institutions, as well as contingency and treaty underwriting. Incorporated in Bermuda, Talbot's management team is based in London. In July 2007, the company was acquired by Validus Holdings Ltd. for $410 million.
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