Tweets from Aviva's Digital Garages in the heart of London's Tech City and Singapore's creative quarter.

"We’re a strategic corporate venture fund. This means we want to develop a strategic relationship with those we invest in.

Aviva is the UK’s largest insurer with leading positions in both life and general insurance.
AVIVA VENTURES is our corporate venture capital fund investing £100m by 2020. We look for unique and innovative businesses that can shape the future of insurance. We typically do deals of between £1m-5m for a direct equity stake. We focus strategic returns – we are looking for insight, collaboration and inspiration. Any investment will be backed by a UK company with 33 million customers, a global reach and local insight from 16 countries.

Customers’ needs and expectations are changing. New technologies will fundamentally change the way we do business. We believe that insurance must reinvent itself. By investing in new ideas and brilliant people we will shake up the industry and deliver our purpose- to free people from fear of uncertainty.

OUR INVESTMENT FOCUS:

1. The internet of things
2. Data and analytics
3. Innovative new propositions
4. Disruptive distribution

Ben Luckett is the Managing Director of Aviva Ventures. He set up the fund in August 2015. Prior to this Ben was the Strategy Director for the UKGI Business and has also held roles in Enterprise Risk and Finance. Ben represents Aviva on the East of England CBI regional council and is actively involved in supporting and mentoring local businesses.

PORTFOLIO

• COCOON - all-in-one smart home security system that protects your whole home from a single device, without external sensors.
• OPUN - the UK’s only assured end-to-end home improvement services platform.
• APPYPARKING - a world leading holistic parking platform that unites the fragmented public and private parking sector and offers a smart city solution designed from the consumer’s perspective.
• FOUNDERS FACTORY is a leading multi sector digital accelerator and incubator, co-founded by Brent Hoberman, Henry Lane Fox and Jim Meyerle. Aviva is partnering with Founders Factory in addition to being an investor as its exclusive financial services partner, working with seven start-ups, each year, over this period."