Aviva, Hartford Steam Boiler, AXA, and Transamerica were among the insurance providers to launch corporate venture arms in 2015.
2015 saw an explosion of corporate investment activity by the global insurance industry, as deal activity jumped to a new record of over 30 deals. But some insurance corporates were busier than the rest on the investment front this year, according to CB Insights data.
We ranked corporate insurance investors by deal activity (new and follow-on) between the start of the year and December 21, 2015, in a year which saw many new corporate venture groups.
As the data shows, longer-standing groups like AXA Strategic Ventures ranked second by deal activity, while other investors just getting off the ground this year including Aviva Ventures and Hartford Steam Boiler disclosed just a single deal in 2015 YTD.
The table below highlights insurance corporates by 2015 investments, including a selection of deals made by each. (Note: This research brief primarily analyzes non-healthcare insurance corporations.)
| Rank | Insurance Investor | Select 2015 Deals |
|---|---|---|
| 1 | Ping An Ventures | CliniCloud, Tingchebao |
| 2 | AXA Strategic Ventures | Limelight Health, PolicyGenius |
| 3 | USAA | Roostify, Automatic Labs |
| 4 | Transamerica Ventures | H2O.ai, NextCapital Group |
| 4 | MassMutual Ventures | Tuition.io, Tamr |
| 6 | American Family Ventures | Ring, CoverHound |
| 7 | Allianz Digital Corporate Ventures | Urgent.ly, QuanTemplate |
| 8 | New York Life Investments | Digital Currency Group, Skycure |
| 9 | Northwestern Mutual Capital | Betterment |
| 9 | Aviva Ventures | Cocoon |
| 9 | Hartford Steam Boiler | WayGum.io |
| 9 | ACE Group Holdings | CoverHound |
| 9 | AIG | K2 Intelligence |
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