Advice to Compañía de Seguros de Vida Consorcio Nacional de Seguros S.A. in corporate venture capital program
December 20, 2019 · 1 min read
Barros & Errázuriz advised Compañía de Seguros de Vida Consorcio Nacional de Seguros S.A. in its corporate venture capital program for the investment in the insurtech company Elegir US Inc., a digital platform that evaluates and markets insurance policies for small and medium companies in Latam.
Consorcios investment in ElegirSeguro was materialized through a SAFE (Simple Agreement for Future Equity), and implies, among other agreements, the presence of Consorcio in the Board of ElegirSeguro with one Director.
