Why life insurers are saddling up to Silicon Valley
April 1, 2016 by Warren S. Hersch
The words “venture capital” usually call to mind California-domiciled firms that dominate the VC space. The marquee names in the arena —Accel Partners, Benchmark Capital, Greylock Partners, Sequoia Capital and others — regularly make headlines with investments in Silicon Valley firms that are blazing new paths in the tech world.
Less often associated with venture capital are life insurers and their staid, button-down executives. This perception is increasingly antiquated.
In the last few years, several major carriers — American Family, AXA, Transamerica, MassMutual and USAA — have joined the venture capital fray. And if current trends are any guide, the group’s number is likely to grow. Click HERE to read more…
Originally Posted at LifeHealthPro on March 30, 2016 by Warren S. Hersch.
Categories: Industry Articles
