Rohit Boda, the Managing Director of India-headquartered insurance coverage and broking specialist J.B. Boda Group, has launched a brand new Dubai-registered firm named RB Ventures, which guarantees to attach traders with a spread of re/insurance coverage alternatives, from insurtech enterprise to connecting capital and danger via various danger switch buildings.
RB Ventures goals to attach world traders with high-impact ventures inside and past the insurance coverage, reinsurance, and insurtech sectors, the corporate defined.
The corporate mentioned, “In an period marked by financial and geopolitical uncertainties, evolving regulatory landscapes, inflation, speedy technological developments, local weather change, and rising capital prices, companies face unprecedented challenges that demand modern and strong options.
“At RB Ventures, we acknowledge that addressing these complexities requires a confluence of tailor-made methods and enough capital stream. Our mission is to foster an ecosystem the place visionary stakeholders can collaborate, leveraging our companies to realize their strategic targets. By prioritizing innovation and funding, we intention to empower our companions to navigate the current and future enterprise panorama with confidence and resilience.”
Leveraging the community Boda has created throughout insurance coverage and reinsurance markets, the corporate will look to attach these relationships with suppliers of capital.
There will probably be a give attention to monetary know-how and insurtech enterprise investing, in addition to in innovation and influence associated alternatives the place traders’ capital could make a distinction.
Additionally in scope will probably be life and non-life insurance coverage or reinsurance corporations, distribution and value-chain performs equivalent to managing normal brokers (MGAs), in addition to area of interest areas equivalent to healthcare know-how, agricultural tech and climatetech alternatives, the corporate mentioned.
Most fascinating to us at Artemis, RB Ventures may also look to attach capital to danger via various danger switch mechanisms and has an ambition to assist traders entry ILS-style funding alternatives with a give attention to a number of the key markets Boda has a powerful presence in.
RB Ventures additionally has an ambition to channel capital from traders in markets the place insurance-linked securities (ILS) alternatives could also be much less acquainted, so serving to to teach and build-out new traders bases within the Center East and Asian areas, and past.
Rohit Boda himself has a historical past of entrepreneurial ventures inside re/insurance coverage and out of doors, in addition to being an lively investor within the world startup ecosystem.
He’s additionally keen about unlocking new capital sources to assist in delivering extra insurance coverage danger capital to areas the place it’s wanted most, so his new RB Ventures initiative will probably be fascinating to observe because it develops.
