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MarketScout Launches $25M Insuretech Venture Fund

Thursday, September 28, 2017 | 177 | 0 | 0 min read

MarketScout, a Dallas-based insurance exchange and managing general agent, has formed an insuretech venture fund. Richard Kerr The fund has an initial $25 million for 10 to 12 investments in insuretech companies, MarketScout founder and chief executive officer Richard Kerr said in a news release. The focus will be on technology-enabled insurance distribution. The initial funding comes exclusively from MarketScout Corp. According to Kerr, MarketScout was founded as a web-based insurance exchange in 2000. The company will use its experience with technology to help the MarketScout insuretec...

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