Business

Aviva expands investments in insurtech

The insurance giant is partnering with venture capital firm Anthemis

Aviva has announced it is expanding its investments in fintech and insurtech through its new partnership with venture capital firm Anthemis.

The collaboration will see Anthemis committing to investing new capital in innovative companies that are advancing the digital transformation of the financial services sector.

Anthemis will provide capital on behalf of Aviva via various funds, which will be focused on the early growth of investments in both fintech and insurtech.

Ben Luckett, chief innovation officer at Aviva, said: “We’re always looking for investments that create value for Aviva and our customers.

“Not just short-term financial gain, but investments that give us access to the latest technologies and the best insight. They help us shape our strategy, how we do business and how we meet our customers’ ever-changing needs.”

He added: “We are very pleased to strengthen our partnership with Anthemis and extend our access to fintech and insurtech start-ups. Anthemis is an exciting platform which gives us that strategic seat at the table.”

Amy Nauiokas, founder and CEO of Anthemis, said: “Our partnership with Aviva will allow us to extend our commitment to reshaping financial services with an increasingly diverse cohort of founders.

“A more representative financial services ecosystem is not possible without the support of large institutions, and so we are particularly encouraged to work alongside Aviva whose leadership is an embodiment of this.”

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