IA Capital Group

IA Capital Group, established in 1992 and headquartered in New York, is a private equity firm specializing in venture capital investments. It focuses on the insurtech and fintech sectors, targeting early and growth-stage companies in the U.S., Canada, and Mexico. The firm invests between $1.5 million and $10 million, typically taking majority or minority stakes in companies with sales exceeding $2 million. IA Capital's portfolio spans various sub-sectors, including payments, financial infrastructure, insurance technology, lending, and wealth management. Additionally, the firm manages strategic venture capital programs for multiple insurers and incubates new companies.

Richie Carchia

Analyst

Matt Perlman

Partner

Ravi Shah

Vice President

Past deals in Motor Insurance

Delos Insurance

Series A in 2024
Delos Insurance is a digital property insurer serving homeowners in catastrophe-prone regions where traditional carriers are scarce or expensive. The company addresses underwriting challenges driven by low-resolution catastrophe models that cause insurers to pull back from high-risk markets. Leveraging deep expertise in data science and aerospace engineering, Delos develops high-resolution catastrophe models and a home risk-rating system to improve risk assessment. Its platform combines climate and catastrophe modeling with patented artificial intelligence risk models to underwrite comprehensive policies and deliver risk-mitigation services where others have exited. By actively managing client risk and innovating on product design, Delos helps homeowners prepare for likely perils and obtain more reliable coverage in high-risk areas.

Matic Insurance Services

Series B in 2023
Founded in 2014, Matic operates as a digital insurance agency offering solutions for consumers, originators, and servicers. It provides an online marketplace with over 40 A-rated home and auto carriers, enabling users to compare quotes easily and advocate for policyholders.

Delos Insurance

Seed Round in 2023
Delos Insurance is a digital property insurer serving homeowners in catastrophe-prone regions where traditional carriers are scarce or expensive. The company addresses underwriting challenges driven by low-resolution catastrophe models that cause insurers to pull back from high-risk markets. Leveraging deep expertise in data science and aerospace engineering, Delos develops high-resolution catastrophe models and a home risk-rating system to improve risk assessment. Its platform combines climate and catastrophe modeling with patented artificial intelligence risk models to underwrite comprehensive policies and deliver risk-mitigation services where others have exited. By actively managing client risk and innovating on product design, Delos helps homeowners prepare for likely perils and obtain more reliable coverage in high-risk areas.

Marble

Venture Round in 2022
Marble is an insurance management platform focused on enhancing the customer experience by offering a rewards-based membership program. This innovative approach allows users to manage their home and auto insurance policies in a single digital wallet, where they can easily compare rates and find suitable policies. By prioritizing the needs of its members, Marble aims to reduce insurance costs and provide value through its loyalty program, which also serves as an effective marketing channel for insurance companies. This dual focus ensures that users not only save money but also earn rewards as they navigate their insurance options, creating a win-win situation for both consumers and providers.

Delos Insurance

Seed Round in 2021
Delos Insurance is a digital property insurer serving homeowners in catastrophe-prone regions where traditional carriers are scarce or expensive. The company addresses underwriting challenges driven by low-resolution catastrophe models that cause insurers to pull back from high-risk markets. Leveraging deep expertise in data science and aerospace engineering, Delos develops high-resolution catastrophe models and a home risk-rating system to improve risk assessment. Its platform combines climate and catastrophe modeling with patented artificial intelligence risk models to underwrite comprehensive policies and deliver risk-mitigation services where others have exited. By actively managing client risk and innovating on product design, Delos helps homeowners prepare for likely perils and obtain more reliable coverage in high-risk areas.

Caribou

Series B in 2021
Caribou is a fintech company specializing in automotive refinancing. It partners with reputable lenders to offer drivers lower monthly car payments and potential savings of over $115 per month.

Clearcover

Series D in 2021
Founded in 2016, Clearcover is a digital car insurance provider based in Chicago, Illinois. It offers affordable coverage through an API-first approach, selling products directly to customers and through agents.

Marble

Seed Round in 2021
Marble is an insurance management platform focused on enhancing the customer experience by offering a rewards-based membership program. This innovative approach allows users to manage their home and auto insurance policies in a single digital wallet, where they can easily compare rates and find suitable policies. By prioritizing the needs of its members, Marble aims to reduce insurance costs and provide value through its loyalty program, which also serves as an effective marketing channel for insurance companies. This dual focus ensures that users not only save money but also earn rewards as they navigate their insurance options, creating a win-win situation for both consumers and providers.

Matic Insurance Services

Series B in 2020
Founded in 2014, Matic operates as a digital insurance agency offering solutions for consumers, originators, and servicers. It provides an online marketplace with over 40 A-rated home and auto carriers, enabling users to compare quotes easily and advocate for policyholders.

Clearcover

Series C in 2020
Founded in 2016, Clearcover is a digital car insurance provider based in Chicago, Illinois. It offers affordable coverage through an API-first approach, selling products directly to customers and through agents.

Clearcover

Series B in 2019
Founded in 2016, Clearcover is a digital car insurance provider based in Chicago, Illinois. It offers affordable coverage through an API-first approach, selling products directly to customers and through agents.

Hamilton Insurance Group

Private Equity Round in 2013
Hamilton Insurance Group is a global specialty insurance and reinsurance company operating through three principal platforms: Hamilton Global Specialty, Hamilton Select, and Hamilton Re. It offers underwriting services across London, Dublin, Bermuda, and the United States.
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