Arbor Ventures reaches strategic partnership deal with Tokio Marine

Melissa Guzy, Managing Partner of Arbor Ventures

Tokio Marine Asia Pte. Ltd. (Tokio Marine) announced a strategic partnership with Arbor Ventures (Arbor), a global Fintech / InsurTech-focused venture capital firm, headquartered in Singapore. This partnership, established through its Innovation Lab in Singapore, marks Tokio Marine’s commitment to accelerating the digital transformation of the insurance industry.

What are the terms of the partnership?

The Tokyo-based group has been promoting transformational digital initiatives, leveraging on collaborations with startups and service providers with key capabilities. To accelerate the development of new business models, Tokio Marine Holdings, Inc. (Tokio Marine Holdings) announced earlier in April on the launch of its corporate venture capital (CVC) fund partnering with World Innovation Lab, Tokio Marine Future Fund, to invest in early-stage startups.

Tokio Marine will identify and invest directly in high-growth potential startups through the CVC Fund in addition to partnering with Arbor and other leading VCs for unique insights and access to promising startups leading the digital transformation in Insurance. Arbor’s addition to Tokio Marine’s group of collaborative VCs significantly heightens its future opportunities.

Arbor is a global FinTech/InsurTech-focused VC with offices in Singapore, United States, Japan as well as a presence in EMENA. Arbor’s global connectivity and portfolio as well as its engagement in local markets will further enable Tokio Marine group’s innovation labs, spread across seven cities, including Singapore, to collaborate broadly with synergy beyond borders.

What were the executives’ thoughts on the partnership?

Masashi Namatame, Group Chief Digital Officer at Tokio Marine Holdings, said: “Arbor’s target to create the future of FinTech resonates with Tokio Marine’s digital strategy. With Arbor’s network and astute scouting of startups, it will complement Tokio Marine’s collaborative efforts to serve innovative products and services in insurance industry and beyond.”

Melissa Guzy, Managing Partner of Arbor Ventures, said: “Tokio Marine is a renowned leader that Arbor is proud to add as a strategic partner in building the future of FinTech / InsurTech. Arbor looks forward to building the next gen of transformational InsurTech startups together.”