Venture capital

The division of XL Catlin, whose insurtech portfolio includes smart-device company Notion, seeks exceptional management teams in its ventures.

The carrier has hired its first chief innovation officer to manage the strategy.

Jonathan Larsen joins the Chinese insurer after 18 years at the banking giant.

Insurer will invest in startups whose mission aligns with its disability-insurance business.

A quarter of carriers have set up investment arms as part of their technology transformation strategy, says KPMG.

ID.me raised $19 million in a Series B round that was led by FTV Capital and included USAA.