Profile
Corporate information
Affiliate of
Affiliate of
Investment activity status
Active investor
Overview
XL Innovate is an XLsponsored venture capital initiative focused on making investments in companieswith businesses that address the world’s most complex risk and ensuring therelevancy of the insurance industry today and into the future. XL Innovate willseek to invest in companies that strive to create partnerships outside of thetraditional underwriting space to find ways to underwrite currently uninsuredrisks.
Investments
Selected investments
| Company | Country | Date | Notes | ||
|---|---|---|---|---|---|
|
Embroker Inc Digital insurance brokerage company. |
United States | 9 Apr 2019 17 May 2016 |
Series B Follow-on investment. Round participant. Active |
|
|
Lemonade Inc P2P insurance startup. |
United States | 17 Nov 2016 23 Aug 2016 |
Series B Follow-on investment. Round participant. Active |