A detailed breakdown of how Allianz, Ping An, Nationwide, and 9 other P&C insurers are investing across the startup landscape.
Over the past five years, a host of different P&C insurers both in the US and abroad have launched corporate venture units or made direct investments across the startup landscape.
This analysis looks at the strategic investment trends of 12 P&C insurers listed below. The 12 firms, which include Ping An Insurance, Hiscox Holdings, and XL Group, among others, have made over 100 investments in aggregate since the start of 2015. The same group completed 20 investments in aggregate between 2012 and 2014. The current and past investment strategies can inform the thematic areas where we might see P&C insurers invest in the future or where they might eventually make an M&A move, strike a big partnership, or build out new products.