Swiss Re

Swiss Re Group is a leading global provider of reinsurance and insurance-based risk transfer solutions, established in Zurich, Switzerland, in 1863. The company operates through three core divisions: property-casualty reinsurance, life and health reinsurance, and corporate solutions. Serving a diverse clientele that includes insurance companies, large corporations, and public sector entities, Swiss Re offers both standard and customized coverage across various lines of business. The firm's extensive expertise, financial strength, and innovative approach enable it to facilitate risk-taking essential for societal and enterprise advancement. With approximately 80 offices worldwide and a workforce of nearly 15,000 employees, Swiss Re is recognized as the second-largest reinsurer globally by market capitalization. The company maintains strong credit ratings from major agencies, reflecting its solid financial position and commitment to its clients.

26 past transactions

Fathom Global

Acquisition in 2023
Fathom Global is an environmental service company that specializes in flood mapping and risk analytics. It has developed a risk intelligence platform that provides scientifically rigorous water and climate information. The company's offerings include global flood mapping, catastrophe modeling, global terrain data, and event response services. By combining advanced modeling techniques with the latest terrain and hydrography data, Fathom Global delivers comprehensive flood exposure assessments, enabling businesses to better understand and manage flood risk. Its focus on providing accurate and detailed flood risk data supports effective decision-making in insurance recovery and other related fields.

Climeworks

Private Equity Round in 2022
Climeworks AG is a Swiss company founded in 2009 that specializes in developing and commercializing technology for capturing carbon dioxide (CO2) directly from the atmosphere. The company operates modular direct air capture plants that utilize filters and primarily low-grade heat as an energy source to extract CO2. This captured CO2 is then supplied to various industries, including commercial agriculture, food and beverage, energy, and automotive. Clients employ this atmospheric CO2 for applications such as carbonated drinks, carbon-neutral hydrocarbon fuels, and materials. Climeworks also supports businesses in achieving their climate objectives by providing solutions for reversing emissions and safely storing the captured CO2, contributing to global efforts to combat climate change.

Klimber

Seed Round in 2022
Klimber is a digital insurance platform that simplifies the process of understanding, purchasing, and utilizing personal insurance. The company focuses on providing health plans and temporary life insurance, leveraging data-driven insights and proprietary technology to enhance the customer experience. With a commitment to competitive pricing and convenience, Klimber aims to meet the expectations of modern, digital consumers. Collaborating with strategic partners such as Prudential Financial and Grupo Clarín, Klimber's team of insurance experts and technologists seeks to deliver high-quality insurance products and services through a fully digital platform, addressing the need for accessible and understandable insurance solutions during emergencies.

Paytm Insurance

Corporate Round in 2021
Paytm Insurance is an one-stop destination for insurance services.

Getsafe

Series B in 2021
Getsafe is a digital insurance company focused on enhancing the insurance experience through technology. It leverages a unique platform that simplifies the process of obtaining and managing insurance coverage, making it both fair and accessible. By utilizing automation and machine learning, Getsafe enables customers to easily manage their policies, including renters, legal, personal liability, content, income protection, and car insurance, all from their smartphones. The company streamlines traditionally complex tasks, allowing users to file claims or adjust their coverage in real time with minimal effort.

Getsafe

Series B in 2020
Getsafe is a digital insurance company focused on enhancing the insurance experience through technology. It leverages a unique platform that simplifies the process of obtaining and managing insurance coverage, making it both fair and accessible. By utilizing automation and machine learning, Getsafe enables customers to easily manage their policies, including renters, legal, personal liability, content, income protection, and car insurance, all from their smartphones. The company streamlines traditionally complex tasks, allowing users to file claims or adjust their coverage in real time with minimal effort.

Waterdrop

Series D in 2020
Waterdrop is a leading technology platform dedicated to insurance and healthcare service with a positive social impact. It's the largest independent third-party insurance platform in China in terms of life and health insurance first year premiums, distributed in 2020, according to iResearch. Through Waterdrop Insurance Marketplace and Medical Crowdfunding platforms, Waterdrop have built a massive social network of protection and support for people, raising awareness of insurance and ultimately providing insurance and healthcare service to consumers in China. It had listed on the New York Stock Exchange under the symbol “WDH” in May 2021.

Vouch Insurance

Seed Round in 2017
Vouch Insurtech Pte. Ltd. operates a digital platform that facilitates peer-to-peer car insurance purchasing, connecting users with insurers for easy comparison and policy acquisition. Founded in 2016 and located in Singapore, the platform allows users to form private or public groups, enhancing their insurance experience through no-claim rebate offerings. By partnering with insurers, Vouch aims to provide a more straightforward and rewarding insurance process for communities of safe drivers. Users can benefit from cash back rewards of up to fifteen percent on top of existing no-claim discounts, promoting a culture of responsible driving. Through its referral programs and user-friendly interface, Vouch Insurtech seeks to transform the traditional car insurance landscape into a more personalized and affordable service.

Biovotion

Series A in 2017
Biovotion AG, based in Zurich, Switzerland, is a medical device company specializing in continuous and non-invasive physiological and metabolic monitoring. The company has developed a wearable sensing technology, known as the Vital Sign Monitor, which enables accurate medical-quality vital sign monitoring in everyday life. This mobile device measures various parameters, including heart rate, blood oxygenation, blood perfusion, temperature, movement, and, in future iterations, heart rate variability, respiratory rate, energy expenditure, and stress levels. Biovotion's platform integrates a multi-sensor approach with sophisticated algorithms and cloud infrastructure, providing users with data comparable to traditional hospital systems. In addition to its product development, Biovotion offers consulting services in technical due diligence, clinical strategies, intellectual property, and quality management. As of November 2019, Biovotion operates as a subsidiary of Biofourmis Singapore Pte. Ltd.

The Glue

Venture Round in 2017
The Glue is a contemporary, new solution which enables financial institutions to quickly develop innovative financial services for today’s consumers. These services are delivered by creating a customer centric environment, overlaying the core legacy systems. The Glue is a unique enabling yet non-disruptive solution which helps to protect and prolong the lifespan of your existing infrastructure investments.

SimpleTherapy

Grant in 2016
SimpleTherapy is a digital healthcare platform that provides an innovative approach to physical therapy through a combination of video-based exercise programs and artificial intelligence. Designed for individuals and employers alike, the platform offers convenient, physician-driven exercises aimed at alleviating musculoskeletal pain from the comfort of home, significantly reducing the associated costs. SimpleTherapy's services are accessible 24/7 without copays and do not require expensive equipment, making it an economical alternative to traditional physical therapy. The platform has garnered over 10,000 users globally, with a reported 72% experiencing significant pain reduction. Additionally, SimpleTherapy partners with major insurance payers and large corporations to help manage employee musculoskeletal health, ultimately contributing to substantial savings for businesses by keeping employees out of the healthcare system.

Sharecare

Venture Round in 2016
Sharecare, Inc. is a digital health company that offers an online health and wellness engagement platform aimed at helping individuals manage their health comprehensively. Founded in 2009 and based in Atlanta, Georgia, Sharecare connects users to a variety of health resources and programs, allowing them to unify and navigate their health journey seamlessly. The platform features tools such as YOU, which provides visual context for understanding health conditions, and AskMD, a symptom checker offering personalized guidance. Sharecare's solutions encompass areas including chronic disease management, mental health, and preventive care, making it easier for users to engage with their health on a daily basis. By fostering a supportive environment for individuals, healthcare providers, and organizations, Sharecare promotes positive behavior change and enhances access to quality care.

Digime

Series A in 2016
Digi.me's technology allows consumers to gather together their personal data and share it on their terms with businesses in a mutually beneficial value exchange. They are distribution partners for the likes of Toshiba and Lenovo and are working with world-leading businesses in health insurance, finance, pharma and FMCG.

IHC Risk Solutions

Acquisition in 2016
IHC Risk Solutions, LLC is a provider of medical stop-loss insurance, primarily serving self-insured employer groups. The company focuses on underwriting, selling, and managing large claim risks associated with medical expenses for various group sizes. Its offerings include specific and aggregate stop-loss options, PPO discounting, traditional aggregating specific deductibles, and various forms of terminal liability options. Additionally, IHC Risk Solutions provides specialized services such as disease management, catastrophic claim management, and organ transplant solutions. The company operates across the United States, Puerto Rico, and the U.S. Virgin Islands, and has been based in Enfield, Connecticut since its incorporation in 2003. It functions as a subsidiary of SR Corporate Solutions America Holding Corporation.

Hygeia Group

Venture Round in 2016
Hygeia Group, based in Lagos, Nigeria, specializes in integrated healthcare services, managing hospitals and health maintenance organizations (HMOs). Founded in 1986, the company operates its flagship facility, Lagoon Hospital Apapa, along with two additional hospitals located in Ikeja and Victoria Island. Hygeia's hospital services encompass a wide range of specialties, including surgery, cardiology, pediatrics, and critical care, among others. Through its HMO, Hygeia provides managed care to over 400,000 enrollees from more than 250 corporate clients, working with a vast network of over 1,200 healthcare providers nationwide. Additionally, the Hygeia Community Health Plan is a donor-funded initiative designed to enhance healthcare access for low-income groups in Nigeria. As a subsidiary of CIEL Healthcare Ltd, Hygeia Group is committed to delivering comprehensive healthcare solutions to its patients and communities.

Guardian Financial Services

Acquisition in 2015
The Guardian Financial Services Group provides closed book consolidation and capital release solutions to banks and insurers. While closed to new business, the Group’s Life assurance subsidiary companies continue to manage pensions, savings and protection policies for over 900,000 European policyholders, delivering high standards of customer service and deploying best-in-class fund managers to manage approximately £18 billion of assets.

Sun Alliance Insurance China

Acquisition in 2015
Sun Alliance Insurance China offers commercial insurance to mid- and large-sized corporate clients. Sun Alliance Insurance China specializes in risk management solutions for a variety of clients. Sun Alliance Insurance China's main areas of specialization include property, marine, renewable, construction, and engineering insurance.

Apollo Investments

Secondary Market in 2014
Apollo Investments Limited provides general and life insurance solutions for individuals, businesses, and organizations in Kenya. Its products include group life assurance, group last expense assurance, group accident disability assurance, group critical illness assurance, group mortgage assurance, group credit life assurance, group pension plans, individual pension plans, and pension annuity plans.

AgraQuest

Venture Round in 2007
AgraQuest specializes in biological and low-chemical pest management solutions aimed at enhancing agricultural practices and ensuring food safety. The company is dedicated to developing, manufacturing, and marketing effective biological products that control pests and diseases while promoting sustainable agriculture. With a focus on environmentally responsible practices, AgraQuest's offerings are derived from renewable, bio-based materials, distinguishing them from conventional pesticides that rely on synthetic chemicals. The company's Agrochemical and BioInnovations Divisions provide a range of innovative technologies for seed treatment, food safety, and post-harvest disease control, as well as applications in animal health, human nutrition, and home and garden care. AgraQuest employs a direct sales force in the NAFTA crop protection markets and collaborates with distributors and partners globally to extend its reach. By prioritizing sustainability and efficacy, AgraQuest aims to transform the agrochemical industry and support growers with best-in-class pest control solutions.

Nanosolar

Series C in 2006
Nanosolar, Inc. is a manufacturer of solar electricity cells and panels, focusing on cost-efficient solar energy solutions. Founded in 2001 and headquartered in San Jose, California, with additional manufacturing facilities in Berlin, Germany, the company produces products such as the Utility Panel, designed for utility-scale power plants, and SolarPly, a lightweight solar-electric cell foil that can be customized to various sizes. Nanosolar employs a proprietary printing technique for CIGS (Copper, Indium, Gallium, Selenium) solar cells, utilizing nanoparticle inks and an annealing process. This innovative approach reduces reliance on expensive high vacuum deposition equipment, allowing the company to leverage industrial printing and roll-to-roll manufacturing technologies to produce solar-electric foil efficiently and at high speeds.

Intradetect

Acquisition in 2003
Intradetect built, and ran a successful network security risk assessment firm.

AgraQuest

Venture Round in 2003
AgraQuest specializes in biological and low-chemical pest management solutions aimed at enhancing agricultural practices and ensuring food safety. The company is dedicated to developing, manufacturing, and marketing effective biological products that control pests and diseases while promoting sustainable agriculture. With a focus on environmentally responsible practices, AgraQuest's offerings are derived from renewable, bio-based materials, distinguishing them from conventional pesticides that rely on synthetic chemicals. The company's Agrochemical and BioInnovations Divisions provide a range of innovative technologies for seed treatment, food safety, and post-harvest disease control, as well as applications in animal health, human nutrition, and home and garden care. AgraQuest employs a direct sales force in the NAFTA crop protection markets and collaborates with distributors and partners globally to extend its reach. By prioritizing sustainability and efficacy, AgraQuest aims to transform the agrochemical industry and support growers with best-in-class pest control solutions.

Southwestern Life Holdings

Acquisition in 2001
Southwestern Life Holdings, Inc. offers life and health insurance services. The company, through its subsidiaries, offers a range of accident sickness, life, and accumulation products to individuals. The company underwrites traditional whole life, universal and interest-sensitive life, term life, single premium deferred annuities, flexible premium deferred annuities, and long-term care products.

SalvageSale

Series B in 2000
SalvageSale maximizes salvage recoveries for insurance carriers by providing a comprehensive salvage recovery program, adjuster support services and access to their global, online auction marketplace. Used by over half of the top 25 insurance companies, SalvageSale has processed over 3 million bids and recovered over $2 billion in claims. As a part of Ritchie Bros., the world's largest seller of used heavy equipment and materials, they truly provide global reach and bring in buyers from around the world. With expertise in inland marine, ocean marine, commercial property, energy, and catastrophe claims, their solutions provide much higher return than legacy processes. By better managing the salvage disposition process, insurance companies using SalvageSale have been able to reduce their total loss ratio and increase recoveries. For buyers, SalvageSale provides excellent value on a broad range of products. Whether you’re looking for heavy equipment used in construction, agriculture or transportation, through to retail consumer goods, their escrow service ensures your purchases on SalvageSale are fully secure and you receive the product as described.

Highway To Health

Venture Round in 2000
Highway to Health, (HTH) applies its dynamic Internet expertise to bring innovative online healthcare services and insurance to international travel, study, and commerce. Each year thousands of leisure and business travelers as well as international students and scholars protect themselves, their families, and their travel plans with HTH. Their programs combine comprehensive, competitively priced insurance products with critical travel health information, known as CityHealthProfiles, and online medical assistance services available through HTH TravelersClub. Members enjoy access to their community of pre-selected, contracted physicians in over 100 countries, and their interactive translation guides for brand-name pharmaceuticals and common medical terms and phrases.

Life Re Corp

Acquisition in 1998
Life Re Corp provided traditional life reinsurance and administrative reinsurance throughout the United States. Its traditional life reinsurance primarily involved the transfer of mortality risks on insurance products from primary insurers of ordinary and group life policies to the company.
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