Validus invests $25mn in Aquiline InsurTech fund

Specialty carrier Validus has ring-fenced $25mn of capital to invest in InsurTech ventures, CEO Ed Noonan told The Insurance Insider. The money has been allocated to a specialist InsurTech fund established by Jeff Greenberg's Aquiline LLC. "We don't have an InsurTech fund - but we do invest in an Aquiline InsurTech fund," Noonan said.