August 14, 2020

Diving into Demex: Why IA Capital?

by Ed Byrns, Chief Executive Officer

Our team enthusiastically welcomes Matt Perlman to our Board of Directors. Matt is a Partner of IA Capital Group with more than a decade of financial services experience as an investor and advisor. He was previously with Fenway Summer Ventures, where he helped found the firm’s venture operations and led several early stage investments in financial technology companies. Today Matt sources, evaluates and executes investment transactions for IA Capital and helps monitor its portfolio companies, including The Demex Group!

IA Capital Group is a New York based private investment firm, dedicated to partnering with innovative entrepreneurs in venture and growth capital investments in insurance technology and financial technology. Before insurance companies embraced strategic investing, IA Capital was making insurtech/fintech venture investments on behalf of insurance companies. They focus on Insurance Technology, Insurance Services, Payments, Retirement, Asset Management, and Specialty Finance in North America with at least $2 million in annual revenue. IA Capital seeks companies that utilize low-cost delivery channels to allow broad access to insurance and financial services.

IA Capital is a key partner in our Origin Story. Matt explains, “Managing operational climate risk is quickly becoming an imperative for businesses across a growing array of industries. The Demex Group’s ability to analyze a client’s specific exposures in a very granular way and generate a precisely calibrated risk transfer solution goes far beyond traditional weather derivatives and represents the frontier of parametric insurance.”

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