MS&AD Ventures

INSHUR is a digital insurance platform that specializes in providing auto insurance for both individual drivers and fleet owners. The company leverages proprietary data and analytics to facilitate the entire insurance lifecycle, allowing users to obtain quotations, make purchases, and manage their policies through a mobile interface. By focusing on a user-friendly digital experience, INSHUR aims to simplify the process of acquiring and servicing auto insurance.

Vouch, Inc. is a provider of insurance products and services specifically designed for startups and high-growth companies in the United States. Founded in 2016 and based in San Francisco, the company offers a comprehensive range of insurance solutions, including general liability, business property, directors and officers, errors and omissions, cyber coverage, crime coverage, employment practices liability, hired and non-owned auto, and fiduciary liability. Vouch operates a tech-enabled platform that facilitates access to multiple insurance carriers and provides instant quoting capabilities through its MGA brand, Corix. By integrating technology and industry expertise, Vouch aims to help startups and technology-driven businesses effectively manage risk as they scale and adapt to emerging challenges.

Artificial Labs Limited is a software development company focused on the insurance industry, established in 2013 and based in London, United Kingdom. The company offers a comprehensive suite of front and back-end applications designed to enhance digital processes for insurers. Key products include Artificial Build, which automates data capturing and workflow negotiations; Artificial Distribute, a tool for data collection and distribution; Artificial Price, which aids in risk selection and pricing; and Artificial Manage, for portfolio management. The platform utilizes algorithmic underwriting and machine learning to enable commercial insurers to efficiently capture and leverage data throughout the insurance lifecycle. By integrating these solutions, Artificial Labs helps clients streamline operations, improve risk assessment, and enhance customer experiences, ultimately driving growth and reducing costs.

Mulberri is an innovative business insurance solution tailored specifically for Professional Employer Organizations (PEOs) and brokers. The platform streamlines the insurance buying process by offering an intuitive user interface that automates data collection, facilitating the seamless sending of quote requests and enabling easy comparison of offers. With the integration of an AI engine, Mulberri enhances its services by providing insights and predictive analytics, which helps clients optimize their insurance decisions. By bringing together PEOs, brokers, small to medium-sized businesses, and insurance carriers, Mulberri aims to simplify business insurance, increase transparency, and reduce costs for all stakeholders involved.

Assured Allies is focused on addressing the financial challenges families face due to aging through its longevity assurance platform. This platform employs predictive algorithms and preventive medical interventions to create individualized aging plans that include psychosocial assessments and recommended support services. By collaborating with leaders in the long-term care industry and insurance companies, Assured Allies aims to enhance the support provided to policyholders as they navigate the complexities of aging. The company’s continuous ally support further ensures that individuals receive the necessary assistance throughout their later years.

Coverflex is a compensation management platform focused on enhancing the way companies compensate their employees by providing a transparent and flexible system. The platform allows organizations to manage various aspects of compensation beyond just salary, including benefits, insurance, meal allowances, and exclusive discounts. By offering a fully digital solution, Coverflex enables companies to streamline the administration of these elements while empowering employees to choose how they wish to utilize their compensation. The company also provides dedicated customer support and flexible pricing plans, ensuring that businesses can efficiently manage their compensation strategies and improve employee satisfaction.

Marble is an insurance management platform focused on enhancing the customer experience by offering a rewards-based membership program. This innovative approach allows users to manage their home and auto insurance policies in a single digital wallet, where they can easily compare rates and find suitable policies. By prioritizing the needs of its members, Marble aims to reduce insurance costs and provide value through its loyalty program, which also serves as an effective marketing channel for insurance companies. This dual focus ensures that users not only save money but also earn rewards as they navigate their insurance options, creating a win-win situation for both consumers and providers.

Anzen specializes in underwriting and brokering various types of Executive, Cyber, and Professional Liability insurance, including D&O, EPL, Cyber, Fiduciary, Crime, Tech E&O, and E&O. By leveraging artificial intelligence, Anzen streamlines the insurance process, allowing submissions to be made through a simple email or a brief digital application. The platform connects thousands of brokers to a marketplace of leading insurance carriers, facilitating competitive coverage placements and efficient transactions. Anzen's services cater to a range of businesses, from small to mid-market private companies, helping them identify and mitigate risks. Additionally, the company provides integrated tools with human resources systems and incident response services, enabling organizations to manage operational risks and liabilities effectively.

Mulberri is an innovative business insurance solution tailored specifically for Professional Employer Organizations (PEOs) and brokers. The platform streamlines the insurance buying process by offering an intuitive user interface that automates data collection, facilitating the seamless sending of quote requests and enabling easy comparison of offers. With the integration of an AI engine, Mulberri enhances its services by providing insights and predictive analytics, which helps clients optimize their insurance decisions. By bringing together PEOs, brokers, small to medium-sized businesses, and insurance carriers, Mulberri aims to simplify business insurance, increase transparency, and reduce costs for all stakeholders involved.

Artificial Labs Limited is a software development company focused on the insurance industry, established in 2013 and based in London, United Kingdom. The company offers a comprehensive suite of front and back-end applications designed to enhance digital processes for insurers. Key products include Artificial Build, which automates data capturing and workflow negotiations; Artificial Distribute, a tool for data collection and distribution; Artificial Price, which aids in risk selection and pricing; and Artificial Manage, for portfolio management. The platform utilizes algorithmic underwriting and machine learning to enable commercial insurers to efficiently capture and leverage data throughout the insurance lifecycle. By integrating these solutions, Artificial Labs helps clients streamline operations, improve risk assessment, and enhance customer experiences, ultimately driving growth and reducing costs.

Hourly, Inc. is a technology company based in Palo Alto, California, focused on providing a comprehensive payroll platform tailored for small and medium-sized businesses. Founded in 2018, Hourly offers an integrated solution that encompasses payroll processing, time tracking, and workers' compensation insurance. The payroll service features automatic tax filing, unlimited pay runs, and mobile onboarding, while the time tracking component includes geo-fencing, job costing, real-time alerts, and compliance tools. Additionally, Hourly simplifies workers' compensation insurance by ensuring accurate premium payments and real-time premium calculations. By combining these services, Hourly aims to help business owners efficiently manage and protect their hourly workforce, bringing advanced technology solutions to the small business sector.

Optifino is a fintech company that specializes in educating clients about the benefits of compounding and tax-efficient investments designed to last through generations. The firm focuses on transforming life insurance by enhancing transparency, protection, tax management, and liquidity. By bridging the gap between life insurance and investing, Optifino aims to provide innovative solutions that deliver value at every interaction, empowering customers to make informed financial decisions.

FutureProof Technologies is a venture-backed managing general agent that specializes in climate-smart insurance solutions. Funded by AXIS Digital Ventures and MS&AD Ventures, the company leverages artificial intelligence to provide accurate projections of asset-level losses from climate-related events such as hurricanes and floods. Its innovative platform combines climate prediction data with proprietary economic models to assess property risks, offering actionable insights for financial decision-making. FutureProof's API facilitates real-time algorithmic underwriting and pricing, enabling wholesale brokers to receive instantly-bindable, differentiated quotes. By delivering affordable coverage for climate-resilient structures, FutureProof aims to close the insurance coverage gap while encouraging investment in climate adaptation efforts.

Socotra, Inc. is a technology company that specializes in providing a cloud-based platform tailored for the insurance industry. Founded in 2014 and headquartered in San Francisco, California, Socotra offers a comprehensive software solution for policy administration, underwriting, claims management, billing, and reporting. The platform is designed to support both property and casualty as well as life insurance businesses globally. By utilizing modern technologies, Socotra aims to deliver a reliable and flexible core system that enhances the speed and efficiency of insurance operations. Its platform features standardized public APIs, allowing insurers to easily adapt to changing regulations and streamline product development. This innovative approach not only reduces maintenance costs but also improves the overall customer experience, making it a valuable resource for insurers looking to modernize their operations.

FloodFlash, established in 2016 and headquartered in London, specializes in tech-enabled flood insurance. It offers instant-settlement coverage using IoT flood sensors and parametric insurance principles. Customers select a flood depth and payout amount, and upon detection by the installed sensor, claims are swiftly settled. FloodFlash targets uninsured flood risks, aiming to protect those traditionally underserved by the insurance industry. It has raised £2.1 million in investment and is authorized by the Financial Conduct Authority.

Redkik is a global Insurtech company focused on enhancing the insurance landscape for logistics and transportation. Its innovative platform streamlines the insurance process by replacing traditional, complex annual policies with on-demand, per-shipment cargo insurance. By integrating with licensed insurance providers, Redkik enables transport intermediaries to offer customized insurance solutions at the point of sale. This approach allows clients in the logistics and transportation sectors to access tailored, competitive quotes instantly, transforming the way insurance is managed within the industry. With a team experienced in logistics, risk management, and technology, Redkik aims to bring intelligence and efficiency to insurance, ultimately providing peace of mind for businesses and their customers.

Accelerant Holdings Ltd. is a managing general agent (MGA) based in London, United Kingdom, founded in 2018. The company specializes in providing wholesale insurance underwriting services primarily for small and medium-sized enterprises (SMEs). As an insurtech, Accelerant leverages advanced data analytics and technology to enhance its risk exchange platform, enabling underwriters to access superior insights and capacity commitments. The firm's specialty portfolio is well-diversified, minimizing exposure to catastrophe and systemic risks. Additionally, Accelerant has established a carefully selected network of underwriting teams to ensure high-quality service delivery, earning it an excellent AM Best A- rating.

Vesttoo Ltd is a financial technology company based in Tel Aviv, Israel, founded in 2018. It operates an artificial intelligence-driven platform that serves as a marketplace for non-catastrophe insurance-based risk transfer and investments. The platform enables the transfer of risk between insurance companies and institutional investors, providing innovative insurance-linked investment opportunities for asset managers. By facilitating risk transfer to the capital markets, Vesttoo offers insurers a cost-effective and efficient alternative to traditional reinsurance, with the capacity to handle a variety of Life and Property & Casualty insurance risks. Its proprietary AI technology streamlines processes such as deal structuring, risk modeling, and index calculation, while also enhancing liquidity in the insurance market. Vesttoo collaborates with industry leaders to create transparent and data-driven reinsurance transactions and has been recognized in various prestigious fintech accelerators. The company's team comprises professionals with expertise in financial engineering, technology, and risk management, further strengthening its position in the market.

Covie is a technology company that has developed a platform to connect businesses with insurance data in real-time. By retrieving and validating insurance records directly from the issuing carriers, Covie simplifies access to crucial information through a single integration. Its user-friendly interface allows businesses to efficiently transact policies and gain insights into risk exposure across various markets. Founded by experts from the software and insurance industries, Covie aims to enhance the accessibility and usability of insurance data, empowering innovative businesses to improve customer experiences, eliminate inefficiencies, and manage risks more effectively.

Spot Insurance, founded in 2017 and based in Austin, Texas, specializes in providing injury insurance designed to safeguard individuals against unforeseen medical expenses. The company offers a range of services, including on-the-spot coverage with instant approval, allowing customers to select policies that can vary from daily to monthly terms. Spot Insurance integrates its services with digital claims processing, enabling clients to obtain tailored injury insurance policies that effectively cover medical costs arising from accidents.

FutureProof Technologies is a venture-backed managing general agent that specializes in climate-smart insurance solutions. Funded by AXIS Digital Ventures and MS&AD Ventures, the company leverages artificial intelligence to provide accurate projections of asset-level losses from climate-related events such as hurricanes and floods. Its innovative platform combines climate prediction data with proprietary economic models to assess property risks, offering actionable insights for financial decision-making. FutureProof's API facilitates real-time algorithmic underwriting and pricing, enabling wholesale brokers to receive instantly-bindable, differentiated quotes. By delivering affordable coverage for climate-resilient structures, FutureProof aims to close the insurance coverage gap while encouraging investment in climate adaptation efforts.

Marble is an insurance management platform focused on enhancing the customer experience by offering a rewards-based membership program. This innovative approach allows users to manage their home and auto insurance policies in a single digital wallet, where they can easily compare rates and find suitable policies. By prioritizing the needs of its members, Marble aims to reduce insurance costs and provide value through its loyalty program, which also serves as an effective marketing channel for insurance companies. This dual focus ensures that users not only save money but also earn rewards as they navigate their insurance options, creating a win-win situation for both consumers and providers.

Next Insurance Inc. is an online insurance agency that specializes in providing various insurance products and services tailored for small businesses. Founded in 2015 and based in Palo Alto, California, the company offers business, general liability, professional liability, commercial auto, and workers’ compensation insurance. By leveraging technology, Next Insurance eliminates the need for agents and reduces costs, enabling it to offer competitive pricing. The company's services cater to a diverse range of sectors, including construction, fitness, cleaning, beauty, therapy, entertainment, and education. Additionally, Next Insurance prioritizes timely claims processing, often investigating claims within 48 hours to ensure transparency and efficiency for its clients.

Bambi's data driven white label cloud platform enables insurance companies, OEM's, mobility service providers and their ecosystem to offer their consumers dynamic, personalized, data driven and quickly implemented vehicle insurance products. We received insurance product of the year 2020 award for our UBI insurance product and were chosen to be the Insure-My-Tesla partner in Israel. Fitted to the fast-changing mobility and transportation landscape, the platform provides assembling and operating personalized insurance products for private and commercial vehicles, new mobility models like MaaS, ride-hailing services, car-sharing, e-scooters, delivery and other future models. Being in the intersection of the new mobility/insurance ecosystem, with data & connectivity, and with flexible product design, we enable to create new appealing digital insurance products that could not be created before. Working in B2B2C and B2B models, we characterize the insurance products with our partners, setup the platform, integrate it with the IT systems and with the relevant data points. With omni-channel capabilities and cross platform applications (web, mobile apps), we offer a full suit including underwriting, pricing, policy admin, operations, initiation of claim processes and more. Our personalized insurance products are amongst others characterized with On-Demand and UBI solutions for motor and none-motor insurance products in the P&C insurance business lines.

MDGo Ltd is an Israeli company that operates an online platform designed to analyze car accidents by utilizing existing vehicle sensors. Founded in 2017 and based in Haifa, the platform generates comprehensive medical reports detailing the type and severity of passenger injuries, along with a thorough analysis of the accident mechanism and vehicle damages. This information is rapidly transmitted to first responders and relevant hospitals, potentially improving emergency medical response and saving lives. Additionally, MDGo's technology offers automotive manufacturers a unique safety feature and creates a new revenue stream by automating the claims process for insurance companies. This dual function not only enhances road safety but also streamlines operations within the insurance industry.

Nimbla is a London-based fintech company that specializes in providing B2B invoice insurance to small and medium-sized businesses in the United Kingdom. The company utilizes advanced technology to offer a digital insurance platform that allows clients to instantly assess the credit ratings of their invoices and insure them individually. This service is designed to protect businesses from the risks associated with late payments and customer insolvency. In addition to single invoice insurance, Nimbla's platform provides predictive cash flow analysis, risk assessment tools, and trade credit protection, enabling businesses to effectively manage their credit exposure and enhance their client prospecting efforts. Through these services, Nimbla aims to support the financial stability and growth of its clients by mitigating the risks of default and improving cash flow management.

Socotra, Inc. is a technology company that specializes in providing a cloud-based platform tailored for the insurance industry. Founded in 2014 and headquartered in San Francisco, California, Socotra offers a comprehensive software solution for policy administration, underwriting, claims management, billing, and reporting. The platform is designed to support both property and casualty as well as life insurance businesses globally. By utilizing modern technologies, Socotra aims to deliver a reliable and flexible core system that enhances the speed and efficiency of insurance operations. Its platform features standardized public APIs, allowing insurers to easily adapt to changing regulations and streamline product development. This innovative approach not only reduces maintenance costs but also improves the overall customer experience, making it a valuable resource for insurers looking to modernize their operations.

Sproutt is a new kind of life insurance company that uncovers and rewards the ‘hidden’ healthy behaviors in everyone. Using AI technology, Sproutt’s Quality of Life Index (QLI) assesses behaviors that reflect healthy living – movement, sleep, emotional health, nutrition, and overall lifestyle balance – to personalize life insurance policies for each customer. Sproutt sells its policies direct-to-consumers as well as through agents and brokers via its Agent Portal.

Tomorrow Ideas, Inc. specializes in developing an application aimed at safeguarding families' financial futures. The app offers a range of features, including tools for creating a last will and testament, establishing a revocable living trust, and setting up guardianship for children and pets. Additionally, it includes calculators for net worth and life insurance, a comparison of term life insurance options, and provides a complimentary insurance policy. The application is accessible on both iOS and Android platforms. Founded in 2015 and headquartered in Seattle, Washington, Tomorrow Ideas is committed to helping families navigate important financial decisions.

Thimble Insurance Services, also known as Thimble, is an insurance provider that specializes in on-demand insurance solutions tailored for small businesses and independent workers. Founded in 2015 and based in New York, the company offers A-rated liability coverage for over 100 professions, including landscapers, beauticians, dog walkers, handymen, DJs, and musicians. Thimble's services are designed to meet the needs of freelancers, contractors, and other modern workers, providing flexible and short-term insurance options that allow them to secure coverage for specific jobs as needed. As a licensed broker, Thimble operates in all 50 states and the District of Columbia, ensuring that small businesses can obtain essential insurance coverage seamlessly through its innovative platform.

Hourly, Inc. is a technology company based in Palo Alto, California, focused on providing a comprehensive payroll platform tailored for small and medium-sized businesses. Founded in 2018, Hourly offers an integrated solution that encompasses payroll processing, time tracking, and workers' compensation insurance. The payroll service features automatic tax filing, unlimited pay runs, and mobile onboarding, while the time tracking component includes geo-fencing, job costing, real-time alerts, and compliance tools. Additionally, Hourly simplifies workers' compensation insurance by ensuring accurate premium payments and real-time premium calculations. By combining these services, Hourly aims to help business owners efficiently manage and protect their hourly workforce, bringing advanced technology solutions to the small business sector.

WorldCover is an innovative company dedicated to protecting farmers globally from the impacts of drought and other natural disasters through satellite-enabled insurance solutions. Founded by professionals from MIT with expertise in computer science and finance, the company aims to address the significant climate risks that threaten agricultural livelihoods, estimated at $100 billion. By leveraging remote sensing technology and advanced risk modeling, WorldCover offers a peer-to-peer investment and insurance platform that delivers affordable crop insurance to smallholder farmers, particularly in developing countries. This approach not only enhances food and income security for those who depend on agriculture but also supports the livelihoods of over 70% of the 2.5 billion individuals living at the base of the economic pyramid worldwide.

Spot Insurance, founded in 2017 and based in Austin, Texas, specializes in providing injury insurance designed to safeguard individuals against unforeseen medical expenses. The company offers a range of services, including on-the-spot coverage with instant approval, allowing customers to select policies that can vary from daily to monthly terms. Spot Insurance integrates its services with digital claims processing, enabling clients to obtain tailored injury insurance policies that effectively cover medical costs arising from accidents.

AkinovA Limited operates an independent electronic marketplace for the transfer and trading of reinsurance and insurance risks. Founded in 2017 and based in Marylebone, United Kingdom, AkinovA provides a digital platform that facilitates collaboration among brokers, capital market participants, and insurance providers. By enhancing the efficiency of the insurance value chain, the platform enables users to manage client relationships, capital, and risk more effectively. AkinovA collaborates with notable industry players, including Hiscox and MS&AD Insurance Group, as well as various venture capital firms specializing in InsurTech and FinTech. The company's focus is to streamline the trading process, reduce costs, and accelerate transactions within the insurance sector.

Socotra, Inc. is a technology company that specializes in providing a cloud-based platform tailored for the insurance industry. Founded in 2014 and headquartered in San Francisco, California, Socotra offers a comprehensive software solution for policy administration, underwriting, claims management, billing, and reporting. The platform is designed to support both property and casualty as well as life insurance businesses globally. By utilizing modern technologies, Socotra aims to deliver a reliable and flexible core system that enhances the speed and efficiency of insurance operations. Its platform features standardized public APIs, allowing insurers to easily adapt to changing regulations and streamline product development. This innovative approach not only reduces maintenance costs but also improves the overall customer experience, making it a valuable resource for insurers looking to modernize their operations.

ELEMENT Insurance AG, founded in March 2017 and based in Berlin, Germany, specializes in digital insurance services and InsurTech innovations. The company operates as a licensed direct insurer for non-life insurance, authorized by the German Federal Financial Supervisory Authority to function as a risk carrier across 28 European countries. ELEMENT provides a unique technology platform known as "Insurance as a Platform," which supports a B2B2X value chain. It collaborates with various partners, ranging from e-commerce businesses to established insurance firms, to develop customized white-label insurance products quickly. By enabling its partners to market these innovative products under their own brands, ELEMENT addresses the complexities of the insurance value chain, including actuarial calculations, underwriting, policy administration, customer service, and claims management.

Socotra, Inc. is a technology company that specializes in providing a cloud-based platform tailored for the insurance industry. Founded in 2014 and headquartered in San Francisco, California, Socotra offers a comprehensive software solution for policy administration, underwriting, claims management, billing, and reporting. The platform is designed to support both property and casualty as well as life insurance businesses globally. By utilizing modern technologies, Socotra aims to deliver a reliable and flexible core system that enhances the speed and efficiency of insurance operations. Its platform features standardized public APIs, allowing insurers to easily adapt to changing regulations and streamline product development. This innovative approach not only reduces maintenance costs but also improves the overall customer experience, making it a valuable resource for insurers looking to modernize their operations.