Introducing Transverse Ventures

MS Transverse Insurance Group , a P&C program carrier launched in 2018 to assist startups with licensing and market access, announces the final closing of Transverse Ventures Fund I, a new venture capital fund leveraging the infrastructure and team of Transverse.

The fund is supported by multiple strategic limited partners including insurance carriers and executives.

“We built Transverse to be the ideal partner for sophisticated MGAs as well as other leading origination, underwriting, and technology platforms. We are excited to leverage the capabilities of a modern program carrier as well as the insurance expertise represented by our team.” – Co-Managing Partner at Transverse Ventures , Dave Paulsson.

Transverse Ventures Fund I is mainly focused on making early-stage investments in insurance and adjacent technologies impacting the insurance industry.

“As a venture capital fund backed by a program carrier, we have a rare ability to drive value creation in portfolio companies spanning the time from initial investment through significant evolutionary growth.” – Co-Managing Partner, Erik Matson.