19-07-2017 06:07 via insuranceinsider.com

Starr buys into CoverWallet InsurTech startup

Maurice "Hank" Greenberg's CV Starr Companies has
become the first insurer to invest directly in CoverWallet, an
InsurTech startup targeting the small-business market.
Starr's investment follows two capital infusions from Two
Sigma, a New York quant fund that has partnered with Hamilton
Insurance. Two Sigma Ventures invested in both the initial seed
round of about $2mn in March 2016 and again in a $7.8mn Series A
round later last year, according to CoverWallet.
Two Sigma, Hamilton and American I
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