NEW YORK--(BUSINESS WIRE)--Eos Venture Partners (Eos), the venture capital fund focused exclusively on the insurtech sector, has hired Zach Powell as General Partner.
Zach brings deep industry experience to Eos as he has spent the majority of his career as a principal investor in the financial services sector with a focus on insurance. Zach joins from AXIS Capital, where he was Managing Director of AXIS Digital Ventures, the partnership and venture investing arm of the firm. Prior to AXIS, Zach was a Vice President at Swiss Re's Principal Investments focused on buyout and growth equity investments in financial services throughout the Americas. Zach started his career in investment banking advising insurance companies.
Eos was founded in 2016 to bridge the ‘digital chasm’ between insurtechs and traditional insurance and reinsurance companies. Eos believes insurance technology can help close the global protection gap by making insurance affordable to those who currently do not buy it.
“Zach is one of the leading investors in the Insurtech sector and we are delighted to welcome him to our growing team,” said Eos Founding General Partner Jonathan Kalman. “The insurance industry is on the cusp of fundamental digital disruption and Zach will play a leading role to identify and invest in the brightest and the best of these new businesses. Eos intends to positively impact the lives of over half a billion people over the next decade. We believe that closing the protection gap is our biggest opportunity, making insurance better, more affordable and accessible.”
“I am excited to join Eos as the company expands the business to continue to capitalize on insurtech investment opportunities around the world,” said Mr. Powell. “Eos is a unique venture capital fund that combines deep understanding of the insurtech sector with sophisticated knowledge of the insurance value chain. Eos has a strong track record of backing leading insurtech entrepreneurs and supporting them as the businesses scale.”
Eos has offices in London and New York, and affiliates in Europe, Asia and the Middle East. Mr. Powell will be based in Southern California.
About Eos Venture Partners
Eos Venture Partners (Eos) is a global independent Strategic Venture Capital Fund focused exclusively on InsurTech, investing in early and growth stage technology businesses that accelerate innovation and transformation across the insurance industry and value chain. Eos was founded in 2016 to bridge the “digital chasm” between InsurTech start-ups and traditional (re)insurance companies. Investors in the Eos fund, EVP I, are from the insurance sector, forming a close strategic relationship with the Eos team to capture both strategic and financial value from the innovation and technology change in the insurance industry. See more at: www.eosventurepartners.com.