Through venture funds, insurers bet hundreds of millions of dollars on new technologies, insurtech companies
Two major insurers with strong ties to Connecticut — Bloomfield-based health services conglomerate Cigna and Munich Re, the German parent company of specialty insurer Hartford Steam Boiler — have upped their venture capital capacity in recent months, channeling resources to smaller, newer firms that can and already have helped the investor companies navigate an evolving and increasingly tech-centered marketplace.
Source: hartfordbusiness.com
