Today, Dutch ICMIF member Achmea has officially launched the Achmea Innovation Fund. This investment fund will provide growth capital to promising tech and other businesses, operating in Achmea’s strategic domains: health, mobility, living environments and financial solutions for now, tomorrow and later. The initial size of the fund is €100 million.
The Achmea Innovation Fund focuses on promising, fast-growing start-ups and scale-ups, often based on emerging technologies in the Fintech and Insurtech sectors. The fund aims to invest in businesses with a proven product market combination (PMC) that are part of insurance-related ecosystems. In addition to investing, the fund is determined to foster long-term partnerships.
Healthy, safe and future-proof society
Willem van Duin (pictured), Chairman of Achmea’s Executive Board: “We believe firmly in innovations that make our society healthier, safer or more future-proof. This is why we will continue to develop and support appealing, innovative initiatives that, as well as having a major social impact, also deliver value for Achmea. These initiatives should align with the UN’s three Sustainable Development Goals (SDGs), on which Achmea is focused: good health and well-being, sustainable cities and communities and climate action. We are keen to work with innovative and ambitious business operators who share our mission. We do this by investing and using Achmea’s strengths and unique attributes, such as our distribution strength, market position and expertise and our network.”
Achmea will participate in ICMIF Biennial Conference
Robert Otto, Member of the Achmea Executive Board will attend the forthcoming ICMIF Biennial Conference in November in New Zealand (Auckland, 12-15 November 2019). Robert will join a panel of ICMIF members sharing ways in which they are managing emerging socio-economic and environmental risks by transforming their internal systems, involving all stakeholders, and embedding sustainability throughout their organisations.