One of the World’s Largest Insurance Companies Is Stepping Up Its Venture Investing
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Allianz Life Insurance set up its venture arm two years ago, as more new startups using breakthrough technology promised to one day transform its industry. Now, after a slow initial period, the insurance giant’s VC investments are picking up steam.
Allianz has invested in six startups so far, half of them in 2018 alone, and all of them promising to upend the business it’s been in for more than a century.