InsurTech 2.0

CoverVentures is an early stage Venture Studio based in Toronto that backs and builds insurance industry changing technology & businesses. 

We’re focused on Insurance

The Venture Studio Model

A little bit like an incubator with a twist. Venture Studios are lead by founders that are supported by other founders with shared critical services, advice, and insurance expertise. We help solve inefficiencies when first launching a new product or business. This model allows us to be flexible with outside investment opportunities and partnership/IP ownership structures. 

 

Rapid MVP

Build, test, learn, return. Fast.

Partnerships

We like partnering with existing Goliaths. 

Digital Transformation

Insurance products and tech require a digital revamp. 

Insurance Microstructure

We get the upstream and downstream of how PnC works. 

Insurance Compliance

Don’t want to run into the regulator do you? 

Product Knowledge

From auto to specialized commercial, we got this.

Data & AI

Our founders were Data first before it was cool. 

Consulting

Sometimes we consult on strategy, tech, etc…

Insurance Expertise

We invest in talented people and develop innovative insurance businesses and technologies. We also provide insights and analysis on the evolving insurance industry for Insurance Professionals.

Learn by Doing

The Venture Studio Model

We leverage our combined capability and expertise to develop technologies and services that can be deployed and configured based on specific use case. By doing so, we save time and cost and learn fast. 

Portfolio of Companies

Our companies are focused on delivering innovative insurance solutions

We look to invest in companies that innovate insurance distribution, connectivity, integration, analytics and other underserved areas. 

Achieve Goals

Getting crystal clear about Insurance innovation

The Venture Studio model is predicated on rapidly launching ideas to the market and sometimes ideas don’t work out. And that’s ok, that’s part of the process of discovering what works.  

Contact Us

Lean for Insurance: Intro

Are you a traditional insurer that wants to do innovative things but cant? Do you feel that you need a Digital, Garage, Lab, Hub, Kitchen or Factory with multi-coloured bean-bag chairs, open offices, slides, and beer to be innovative? Did you happen to end up spending...