Brewer Lane Ventures, a U.S.-based venture capital firm focused on investing in the insurtech and fintech industries, it has officially launched and it has brought on Martha Notaras as Managing Partner. Notaras previously led XL Innovate, a leading property and casualty insurtech VC fund that invested in Cape Analytics, Lemonade, Slice, and Pillar Technologies, among others.
The company reported that it takes a different approach to investing in early-stage insurtech and fintech startups. Brewer Lane further explained:
“Our investment philosophy is that technology should be used to improve people’s lives, and we partner with founders determined to transform the market for companies and consumers alike. Using our deep knowledge and experience of working in the insurance and finance industries from founding and scaling startups, venture investing and running Fortune 100 companies, we partner with entrepreneurs focused on creating new business models, empowering incumbents, and leveraging insights from data & analytics.”
Brewer Lane revealed prior to joining its team, Notaras was a partner at XL Innovate, where she invested in startups focused on data and analytics, as well as new insurance business models. She led XL Innovate investments in Cape Analytics, Pillar, and GeoQuant. She also previously ran corporate development for DMG Information, the business technology division of the Daily Mail and General Trust, where she led investment and oversaw 20 acquisitions, including Risk Management Solutions (RMS), an early insurtech delivering catastrophe risk models for insurers and reinsurers.
Speaking about her new position, Notaras went on to add:
“I am excited to join Brewer Lane Ventures and partner with John Kim to identify the dynamic companies that will lead the next market expansion in insurtech.”