Martha Notaras has left her partner position at XL Innovate, insurance provider Axa XL’s corporate venturing unit, and joined venture capital firm Brewer Lane Ventures as a managing partner.
XL Innovate – then a subsidiary of insurance firm XL Catlin prior to its acquisition by Axa in September 2018 – hired Notaras in 2015, tasking her with investing in insurance technology startups with a data and analytics focus.
Notaras sat on the boards of XL Innovate portfolio companies including property data provider Cape Analytics and risk management platform developer GeoQuant.
Before joining XL Innovate Notaras had been executive vice-president of DMG Information, the investment arm of UK-based media company Daily Mail and General Trust, for nearly 16 years from 1994, conducting merger and acquisition deals as part of her role.
Managing partner John Kim founded Brewer Lane Ventures in 2019, having worked for insurer New York Life Insurance’s venture capital subsidiary, New York Life Investments, for over a decade in various senior roles. The nascent firm focuses on early-stage financial and insurance technology developers.
Kim said: “Martha is a highly regarded investor in insurtech, and I am delighted to have her join as a managing partner of our new venture firm.”
Notaras added: “I am excited to join Brewer Lane Ventures and partner John Kim to identify the dynamic companies that will lead the next market expansion in insurtech.”
Photo of Martha Notaras courtesy of LinkedIn.
