MarketScout launches $25mn InsurTech fund

Texas-based MGA and insurance exchange MarketScout has announced
the formation of a $25mn venture fund for tech-enabled insurance
distribution.
The initial funding for the MarketScout InsurTech (MIT) fund has
been provided by MarketScout Corporation, with the fund targeting
between 10 and 12 investments.
Richard Kerr, founder and CEO of MarketScout, commented:
"MarketScout was founded as a web-enabled insurance exchange
back in 2000. Over the past 17 years, we have learned a lot about
how to suc