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

Robert M.Lichten

Advisory Partner

Matt Perlman

Partner

Ravi Shah

Vice President

Rick Viton

Partner

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.

Certificial

Series B in 2023
Certificial is an insurance verification platform that streamlines the supplier management and certificate issuance processes. By providing businesses with real-time access to suppliers' insurance coverage, it ensures that companies can easily monitor compliance and updates regarding changes in coverage. The platform integrates seamlessly with brokers' and AMS providers' APIs, making it accessible for both large and small agents and brokers at no cost to insurers. Certificial's features include immediate information retrieval, historical records of business relationships, and compliance alerts, which help mitigate risks associated with fraud, misinformation, and coverage lapses.

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.

Certificial

Series A in 2021
Certificial is an insurance verification platform that streamlines the supplier management and certificate issuance processes. By providing businesses with real-time access to suppliers' insurance coverage, it ensures that companies can easily monitor compliance and updates regarding changes in coverage. The platform integrates seamlessly with brokers' and AMS providers' APIs, making it accessible for both large and small agents and brokers at no cost to insurers. Certificial's features include immediate information retrieval, historical records of business relationships, and compliance alerts, which help mitigate risks associated with fraud, misinformation, and coverage lapses.

Clearcover

Series D in 2021
Founded in 2016, Clearcover is a digital car insurance provider based in Chicago, Illinois. It offers affordable coverage through an API-first approach, selling products directly to customers and through agents.

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.

Clearcover

Series C in 2020
Founded in 2016, Clearcover is a digital car insurance provider based in Chicago, Illinois. It offers affordable coverage through an API-first approach, selling products directly to customers and through agents.

Clearcover

Series B in 2019
Founded in 2016, Clearcover is a digital car insurance provider based in Chicago, Illinois. It offers affordable coverage through an API-first approach, selling products directly to customers and through agents.

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.

Bolt

Venture Round in 2006
BOLT Solutions Inc. operates a Software-as-a-Service (SaaS) distribution and customer support platform tailored for the property and casualty insurance industry. The BOLT Platform facilitates direct distribution of products and services for insurance carriers and their agents, offering a unified interface that integrates seamlessly with existing infrastructure. This platform supports various distribution channels, including field agents, contact centers, and direct-to-consumer approaches, allowing users to start with one channel and expand to multiple channels as needed. BOLT's ecosystem enables users to proactively market and sell their own products alongside bundled offerings from other carriers, thereby enhancing customer engagement and solution ownership. Founded in 2000 and based in New York, the company has a research and development facility in Tel-Aviv, Israel, and serves a diverse clientele, including independent agencies, brokers, wholesalers, and insurance companies of all sizes. BOLT Solutions Inc. is a subsidiary of Arsenal Acquisition Holdings, LLC.

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.
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