National General Insurance is a specialty personal lines holding company providing a variety of insurance products. The company's insurance products include personal and commercial automobile, homeowners, umbrella, recreational vehicle, motorcycle, lender-placed, supplemental health, and other niche insurance products. It sells insurance products with a focus on underwriting profitability through a combination of its customized and predictive analytics and its technology is driven low-cost infrastructure.

National General Insurance

Aioi Nissay Dowa Insurance offers casualty insurance, life insurance, automobile insurance, fire insurance, and other insurance products. The company provides its services to individuals and groups domestically and overseas. They also create a company that develops based on the solid trust of each and every customer and deliver high-quality products and services to all their customers. Aioi Nissay Dowa Insurance was founded on June 30, 1918, and is headquartered in Shibuya-ku, Tokyo, Japan.

Aioi Nissay Dowa Insurance

ManchesterStory Group is an early-to-growth stage venture capital firm focused on InsurTech, FinTech, and HealthTech sector. It was founded by Dave Miles and Matt Kinley in 2017 and is based in West Des Moines, Iowa, United States.

ManchesterStory Group

Plug and Play is a seed and early-stage investor focused on great teams leading emerging growth companies.  Plug and Play runs 12 industry-specific accelerator programs twice a year, that acts as a platform for major corporations and high quality startups to connect and collaborate.  Located in the heart of Silicon Valley, Plug and Play participates in Seed, Angel and Series A funding where they often co-invest with their strategic partners. Through years of experience and as part of their network, Plug and Play has put together a world-class network of serial entrepreneurs, strategic investors, and industry leaders who actively assist the firm with its successful and growing investment portfolio.  SEED ROUND. Plug and Play participates in seed round investing through a program called Startup Camp. Startup Camp is a 10-week program based in Silicon Valley for top-notch entrepreneurs to work intensively on building out their business model. Select startups will refine their business models and prototypes with help from a combination of structured workshops, speaker series and mentorship sessions, as well as active coaching from their investment team. At the culmination of Startup Camp, founders will have crystalized their business plans and pitched their company to the venture capital community at EXPO Demo Day.''  ANGEL ROUND Plug and Play makes angel round investments throughout the year, sourced from their monthly Plug and Play Angels (PAPA) sessions. They are partnered with local angel investors in Silicon Valley who participate in PAPA to find the most promising startups and best new technologies.  SERIES A. Series A typical Series A round is in the range of $2 million to $10 million, and is intended to provide operating capital for the company for six months to two years. This round capitalizes the company as it develops its products, performs initial marketing and branding, acquires talent, and conducts other early-stage business operations. It is in this stage that Plug and Play will co-invest with over 180 venture capital partners.  Plug and Play has helped grow market leaders such as PayPal, Danger, Google, DropBox, LendingClub, Zoosk, SoundHound, CreditSesame, Skytree, and has over 400 more early-stage startups in its portfolio.

Plug and Play

At ValueStream Ventures, we are a thesis-driven, early-stage fund based in NYC and focused on investing in B2B platforms built around high-value data.  We gravitate towards investments in B2B software, data/analytics, and fintech. Our thesis is a combination of opportunity and stage. High-value data, and its infrastructure, creates defensible companies with lower costs of scaling. We typically invest in the “early growth” stage of a company – when there is some revenue and signs of product/market fit, but it is not yet a consensus bet. We like this stage because we excel at driving momentum through targeted BD support, crafting platform strategies powered by core data assets, and preparing a company for growth financing.  Our hands-on GPs have a unique ability to identify, underwrite, and support businesses built around high-value data. Our team's experience – working together in this space since 2013 – brings differentiated insights into how data can be leveraged to create value. Entrepreneurs and investors who partner with us find that we hustle, we dig deep, and we make rounds happen.

ValueStream Ventures

Verikai

Verikai is an insurance technology company. It leverages alternative data and machine learning to change the way the insurance industry views risk. Focused primarily on underwriting efficiency, Verikai provides insurance companies with risk reports to optimize the underwriting process. This greater insight helps increase new business, reduce losses, and ultimately provide consumers and businesses with greater access to a broader range of insurance products.

<div>Verikai is an InsurTech company offering a risk prediction platform for underwriting health, life, and home insurance. The platform uses ML with behavioral and other alternative data to provide data-driven insights for end-to-end underwriting. The company claims its database includes more than 7,000 behavioral attributes on over 330 million people in the US. The platform was launched in July 2023 and can be seamlessly integrated into an insurer&rsquo;s workflow through APIs.</div>

InsurTech: Infrastructure

Verikai Redefines Healthcare Decision-Making with the Unveiling of CaptureHealth and Capture360

<div>
 
 Verikai is an InsurTech company offering a risk prediction platform for underwriting health, life, and home insurance. The platform uses ML with behavioral and other alternative data to provide data-driven insights for end-to-end underwriting. The company claims its database includes more than 7,000 behavioral attributes on over 330 million people in the US. The platform was launched in July 2023 and can be seamlessly integrated into an insurer&rsquo;s workflow through APIs.
 
 
 Key customers and partnerships
 
 
 As of November 2023, its platform was used by over 40 carriers as well as 400 brokerages.
 
 
 Funding and financials
 
 
 In July 2020, Verikai raised USD 6 million in Series A funding led by Des Moines with participation from ValueStream Ventures and Plug N Play. It aimed to use the funds to improve its corporate structure and expand its sales and marketing teams.&nbsp;
 
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<div>
 
 AgentSync powers growth for insurance carriers, agencies, MGAs, and producers by offering modern tools for producer and compliance management. With a customer-centric design, seamless APIs, and automation, AgentSync's products reduce friction, increase efficiency, and maintain compliance, ultimately helping to improve the broker onboarding, contracting, licensing, appointing, and compliance processes.
 
</div>

AgentSync

Artificial is an insurance software business offering an algorithmic underwriting, data extraction and machine learning platform to commercial insurers, empowering them to write better risks, faster. We provide solutions to partners across the London and global markets, including Convex, Chaucer and more. Our platform specialises in instantly and accurately capturing data at the point of entry for use in downstream applications. We enable clients to augment this data through effortless integrations and use it to write risks algorithmically, build contracts and plug into other systems. Behind the platform is decades' worth of experience in engineering, insurance and analysis. We do more than just provide software; we work with you every step of the journey to make sure our technology drives growth, improves efficiency and reduces costs across your business.

Artificial Labs

Bambi Dynamic, based in Israel, is a SaaS insurance platform that provides vehicle insurance solutions for car OEMs, mobility providers, insurers, and the mobility ecosystem. As a white-label, cloud-based integrated platform, Bambi Dynamic provides an end-to-end solution that includes onboarding, underwriting, user identification, pricing, policy operations, and loss notice. The platform creates insurance products by measuring usage, events, and behavior, using data collected from various sources including smartphones, connected cars, and smart sensors. Bambi Dynamic’s products include personal auto, personal connected auto, fleet insurance, shared and micro-mobility, MaaS for mobility app providers, and autonomous vehicle insurance.

Bambi Dynamic

CLARA Analytics improves claims outcomes in commercial insurance with easy-to-use AI-based products. The company’s product suite applies image recognition, natural language processing, and other AI-based techniques to unlock insights from medical notes, bills and other documents surrounding a claim. CLARA’s predictive insight gives adjusters “AI superpowers” that help them reduce claim costs and optimize outcomes for the carrier, customer and claimant. CLARA’s customers include companies from the top 25 global insurance carriers to large third-party administrators and self-insured organizations. Founded in 2016, CLARA Analytics is headquartered in California’s Silicon Valley. For more information, visit www.claraanalytics.com.

CLARA Analytics

Coterie Insurance is an InsuranceTech company that applies an API-based approach and modern technology to commercial insurance. It looks to integrate insurance with platforms and processes that businesses, contractors, and gig workers use every day. The company also streamlines the insurance process for its clients. Its core focus remains on small business insurance. Products that it offers include business owners policy, general liability insurance, and professional liability insurance. Coterie Insurance is privately held and a licensed insurance producer in all 50 US states.

Coterie Insurance

Providers of general, yet comprehensive, end-to-end solutions for insurance companies, covering various aspects of their operations. This includes core systems for policy administration, underwriting, claims processing, billing, and customer relationship management

Specialized platforms that offer lead generation and management services and tools for insurance providers. Tools can include telemarketing, internet, and social media lead generation, referrals, and lead analytics

Underwriting platforms that evaluate risks related to life insurance, health insurance, and related products such as disability and critical illness coverage. They may utilize medical underwriting criteria, genetic information, lifestyle factors, and demographic data to assess applicants' insurability

Platforms that specialize in assessing risks associated with property and casualty insurance, including home, auto, commercial property, and liability coverage. They may incorporate data sources such as property valuations, historical claims data, telematics, and weather patterns to evaluate risk factors accurately

Specialized platforms that streamline and automate claims processing workflows, from initial claim submission to settlement. They may offer software for claims intake, adjudication, fraud detection, and communication with policyholders and third-party service providers

Policy administration systems that focus on managing policy lifecycle activities, including policy issuance, endorsements, renewals, and cancellations. They provide insurers with tools to configure and manage policy rules, coverage options, and premium calculations. Platforms can also have additional functions for commission and performance tracking

Reinsurance technology providers offer a range of innovative tools and services to support reinsurers in managing their operations, assessing risks, and optimizing their reinsurance strategies. These solutions may include advanced analytics, catastrophe modeling, risk assessment tools, portfolio management systems, and underwriting platforms specifically designed for the reinsurance industry

Verikai

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