MS&AD Ventures is a California based venture capital firm investing in insurance-related companies. It is a joint venture by MS&AD Insurance Group Holdings which manages two main companies; Mitsui Sumitomo Insurance Co, Ltd and Aioi Nissay Dowa Insurance Co, Ltd. Jon Soberg founded the company in Jun 2018. It focuses on insurance tech, cybersecurity, data management, fraud detection, healthcare, mobility and IoT.