New York PE firm launches $100mn InsurTech fund

New York-based private equity house IA Capital has begun
soliciting mid-sized and smaller insurers for investment as it
looks to build a $100mn InsurTech fund, The Insurance
Insider understands.
Multiple sources told this publication that prospectus material
had been put out in recent weeks as the firm seeks to raise the
capital over the coming months.
Whereas some larger carriers have in-house InsurTech investment
teams, IA Capital is understood to be looking to create a vehicle
that will effec