Aflac

Aflac, established in 1955, is a leading financial services company based in Columbus, Georgia. It specializes in providing supplemental and renewable insurance solutions to individuals and businesses in the United States. Aflac's extensive product portfolio includes accident, cancer, critical illness, life, hospital, short-term disability, dental, and vision insurance policies. The company also offers various services to employers, such as cafeteria plans, COBRA administration, and enrollment solutions. Aflac Ventures, founded in 2016, is the corporate venture arm of Aflac, focusing on early-stage investments in the United States and Japan. It primarily invests in cancer, health tech, and insurtech sectors, with additional offices in Sunnyvale, California, and Tokyo, Japan. Aflac Ventures Japan, established in 2019, is the investment arm of Aflac Ventures in Japan, also focusing on cancer, health tech, and insurtech sectors.

Nadeem Khan

President, Aflac Global Ventures

Eric M. Kirsch

EVP and Global Chief Investment Officer

Tomoyuki Shimada

Managing Director

Past deals in Insurance Brokers

Covr Financial Technologies

Series B in 2022
Covr Financial Technologies, Inc. is a digitally enabled brokerage general agency based in Boise, Idaho, founded in 2013. The company specializes in providing life, long-term care, and disability insurance solutions tailored for financial institutions, advisors, and their clients. Covr offers a suite of digital platforms, including Covr Advisor, which helps financial advisors meet their clients' insurance needs by selecting appropriate products; Covr Consumer, which allows banks and credit unions to sell life insurance directly to customers; and Covr Insights, a tool for managing and analyzing existing life insurance policies. The company serves over 24,000 financial advisors and 13 million customers across 30 financial institutions, facilitating a simplified and efficient sales process for life insurance products.

Covr Financial Technologies

Convertible Note in 2020
Covr Financial Technologies, Inc. is a digitally enabled brokerage general agency based in Boise, Idaho, founded in 2013. The company specializes in providing life, long-term care, and disability insurance solutions tailored for financial institutions, advisors, and their clients. Covr offers a suite of digital platforms, including Covr Advisor, which helps financial advisors meet their clients' insurance needs by selecting appropriate products; Covr Consumer, which allows banks and credit unions to sell life insurance directly to customers; and Covr Insights, a tool for managing and analyzing existing life insurance policies. The company serves over 24,000 financial advisors and 13 million customers across 30 financial institutions, facilitating a simplified and efficient sales process for life insurance products.

Tomorrow Ideas

Seed Round in 2018
Tomorrow Ideas, Inc. specializes in developing an application aimed at safeguarding families' financial futures. The app offers a range of features, including tools for creating a last will and testament, establishing a revocable living trust, and setting up guardianship for children and pets. Additionally, it includes calculators for net worth and life insurance, a comparison of term life insurance options, and provides a complimentary insurance policy. The application is accessible on both iOS and Android platforms. Founded in 2015 and headquartered in Seattle, Washington, Tomorrow Ideas is committed to helping families navigate important financial decisions.

Wellthie

Series A in 2017
Wellthie Inc. is an insurance technology company based in New York, founded in 2013, that aims to modernize the insurance shopping experience. It provides a cloud-based e-commerce platform designed to simplify the distribution of insurance for small businesses and individuals. Wellthie's platform features tools for broker and carrier shopping, including medical and ancillary quotes, a broker management dashboard, modeling and scenario planning, and custom client proposals. Additionally, it offers a national small group benefits marketplace that helps brokers optimize sales and allows carriers to enhance product distribution. By delivering an intuitive shopping experience, Wellthie enables insurance professionals to increase sales across various insurance lines while assisting small businesses in finding suitable health insurance options online.
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