Validus invests $25mn in Aquiline InsurTech fund

Specialty carrier Validus has ring-fenced $25mn of capital to
invest in InsurTech ventures, CEO Ed Noonan told The
Insurance Insider.
The money has been allocated to a specialist InsurTech fund
established by Jeff Greenberg's Aquiline LLC.
"We don't have an InsurTech fund - but we do invest in an
Aquiline InsurTech fund," Noonan said.
"For us to have an InsurTech fund we would need venture
capital experts, and that's not our skill set. Aquiline has a
nice track record in...