Baloise gives Anthemis a boost

Swiss insurance group Baloise has committed $49.57 million to fintech-slash-insurtech VC and advisory firm Anthemis Group to invest in insurance and risk management tech startups. Anthemis also has investment partnerships with South African insurer and asset manager MMI Holdings Ltd, with Italian banking group Unicredit and with Hanwha Life. Bottom Line: the same Baloise that is getting ready to launch a digital insurer called Friday. Did you know? The Anthemis team includes Rebel and Sugar.