InsurTech fund targets $150mn and 25% returns

Recently announced venture fund InsurTech Venture Partners is
targeting minimum investments from carriers of $15mn, according to
a prospectus obtained by The Insurance
Insider.
The document details the investment strategy and outlines the
structure of the company, whose launch was announced in November
last year.
It is headed by former Direct Line COO Damian Arnold, who will
serve as the fund's operating partner.
He is accompanied by former Goldman Sachs executive and FinTech
entrepreneur Nabil